The growth of the US ETF market is likely to be driven by active ETFs as a number of potential new issuers are seeking to list them, according to the New York Stock Exchange.
The exchange is seeing a healthy flow of issuers preparing to enter the US market. "Our pipeline continues to be quite robust and we have new prospect issuers coming to us with a high frequency," says Laura Morrison, vice president, global index and exchange-traded products at NYSE. "One thing which caught our eyes last week was that Goldman Sachs Asset Management amended their regulatory filing. There are others who have been silent for several months and now they are indicating that they are re-engaged and that is exciting for our team." Of these there is an increasing number of co...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
