Related: Equifax Data Breach Reveals CyberSec ETFs Opportunity
“Liberty for us means giving clients freedom of choice in their investment decisions, and as our client needs evolve, so do we. The introduction of the Franklin LibertyQ Shares range to European investors is a significant milestone for our business. We believe the addition of smart beta ETFs will complement our existing active management product ranges, and will offer our clients additional investment solutions and vehicles in which to construct their investment portfolio,” Vivek Kudva, managing director, EMEA and India, said in a note.
Franklin made its initial move into the U.S. ETF market in June 2016, gathering $750 million in assets across 11 strategies, and then moved into Canada in May with four ETFs that have gathered C$150 million, or $123 million.
For more information on the ETF industry, visit our current affairs category.