
A $15.4 trillion industry globally, the Exchange Traded Fund (ETF) market is showing no signs of slowing down. Rather than swim against the prevailing tide, a growing number of active asset managers, first in North America, and now increasingly in Europe, are starting to embrace active ETFs.
Running an ETF is not the same thing as managing a mutual fund whether this is done by way of a conversion or through the addition of an ETF share class to an existing mutual fund. Managers therefore need to have the right subject matter experts in place to deal with specific nuances pertaining to ETFs. These include capital markets specialists who can interface with broker dealers and Authorised Participants (APs); ETF product experts and dedicated sales teams, and operations experts for seamless ETF creations and redemptions, etc.

