(Source : IPE) – Providers are scrambling to boost distribution capabilities for ETFs.
• ETF managers have featured in recent merger and acquisition activity.
• Some commentators are sceptical if institutional investor interest is genuine.
The asset management arms of JP Morgan and Goldman Sachs have bolstered their European exchange-traded funds (ETFs) teams with a series of senior hires, throwing a spotlight on a sector overlooked by pension fund investors.
A combination of growing interest and an expanding market has seen ETFs come to the fore as institutional investors look beyond traditional equities and fixed income opportunities.