ETFs: Hitting an important milestone

  Debate ensued, with proponents of traditional replication advocating their method as simple to understand and lacking in counterparty risk, while other product providers touted synthetic replication as superior in offering lower tracking error. But the days of solely promoting one replication method are over. Spurred by the attraction of offering access to the emerging markets, providers once seen as the bastions of physical replication have “evolved” to offer synthetic exposure to the likes of China, India and Russia.  Obviously, there is still competition and providers aren’t s...