Additionally, Gundlach favors India among other emerging countries, citing positive fundamentals like demographics that lean toward a larger young working population and room for further capital market reforms that could open the country up to further growth and investments.
Investors can use country-specific ETFs like the iShares MSCI India ETF (BATS: INDA), PowerShares India Portfolio (NYSEArca: PIN) and the WisdomTree India Earnings ETF (NYSE: EPI) to access India’s markets.
Many at the IMN conference also spoke about the growth in the rules-based factor indexing or smart beta ETF category. As the ETF industry continues to expand and fund issuers try to seek out the next great investment idea, more have rolled out smart beta offerings.
A number of traditional open-end mutual fund shops have started to switch over to the ETF game, with smart beta strategies coming out as some of their first ETF offerings. For instance, the Oppenheimer Large Cap Revenue ETF (NYSEArca: RWL), which weights components based revenue generated, and the JPMorgan Diversified Return International Equity ETF (NYSEArca: JPIN), which diversifies risk through a risk-weighting process that lowers exposure to historically volatile regions and sectors, along with screening stocks based on value, size, momentum and low volatility factors to drive strong performance, are just some of the recent additions to the expanding ETF universe.
For more information on ETF news at conferences, visit our ETF conferences category.