The European ETF market could be making a shift towards full replication as synthetic (or swap-based) ETF providers examine their business models, says former iShares CEO Rory Tobin.
"The market is voting for direct replication at this point in time, some people who are currently in the synthetic space will be thinking about their business model," says Tobin. Tobin's new business, ETF Opportunity Partners - founded with another ex-iShares CEO, Lee Kranefuss - will help the market to make this change. "Our business is essentially being positioned to be a catalyst for that change to help people with their thought process about how to migrate from synthetic to direct replication and how to access new avenues for growth." He says that the growth in iShares' assets ...
To continue reading this article...
Join Professional Adviser for free
- 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