Komainu is to serve as the custodian for the digital assets held by CoinShres to physically back the XBT Provider family of ETPs.
When last writing about ETF trends in early 2016, we marveled at the torrid pace of growth but also observed a market that was maturing. That process quickly reached a key milestone, with every one of Morningstar’s categories now represented by at least one ETF. Though saturated with product, asset flows continue to gain momentum. We noted two years ago that the “groundwork is also being laid for another phase of rapid growth.”
As part of a wide ranging 2020 industry trend outlook, a survey of US asset managers and asset owners conducted by State Street Corporation predicts continued prevalence of digital assets as well as a bigger role in the industry for semi-transparent active ETFs.
Foreside Financial Group (Foreside), a provider of regulatory and compliance service and technology offerings to clients in the global asset and wealth management industry, is to acquire US Bancorp’s mutual fund and exchange-traded funds (ETFs) distribution business, Quasar Distributors.
Independent research provider CFRA has acquired First Bridge Data (First Bridge), a source for global ETF data and analytics.
Virtu Financial and MarketAxess Holdings, two global specialists in electronic trading, have formed a partnership to provide institutions with enhanced trading tools and access to global exchange traded funds (ETFs) and fixed income securities.
Amun AG, a Swiss fintech aiming to facilitate access to crypto-asset investments, has completed its first funding round, bringing on board a number of experienced industry figures including Adam Draper, Founder of Boost VC, Graham Tuckwell, Founder of ETFS Capital, Greg Kidd, Co-Founder Hard Yaka, as well as four family offices.
European institutions increased their allocations to ETFs by 50 per cent in 2018, according to the latest Greenwich Associates European ETF Study.
Ryan Hughes, head of active portfolios at IFA platform provider AJ Bell, comments on the Investment Association’s consultation on the inclusion of ETFs into sectors…
The Investment Association, the association representing investment managers in the UK, has opened a consultation on including ETFs in the IA fund sectors.