From 2027 onwards, ETF businesses in the UK, EU and Switzerland will be judged less on their product line‑up and more on whether their operating model can actually run at trade‑date speed. The move from T+2 to T+1 sounds like a technical change; in practice it is a hard audit of how quickly you can
T+1 in Europe: The ETF Operating Model Stress Test most Issuers are underestimating Read More »
“Investment firms often fail in enhancing the value of outsourcing by not having a strategy.” Dave Shastri, CEO, TrussEdge Building an investment firm is a challenge: regardless of the where, when and how, the attraction of the private assets industry means founders are faced with significant competition and consequently critical decisions need to be made on
How to reduce the private markets talent gap by leveraging vendor relationships Read More »
One of the main pillars of the ETF story has always been liquidity: intraday trading, tight spreads, and deep secondary‑market pools. But none of that happens automatically. It depends on a relatively small group of firms, market makers and authorized participants, willing to put capital and infrastructure to work every day between issuers and investors.
Market makers and APs: liquidity engines under strain Read More »
If there is one group feeling both urgency and anxiety about ETFs, it is traditional mutual fund firms. As flows continue to bleed from mutual funds into ETFs, conversions and ETF share class experiments have become a survival strategy, not a side project. Over 70 mutual fund‑to‑ETF conversions had taken place by mid‑2024, and the
Mutual funds launching ETFs: Living up to the promise without breaking the machine Read More »
Exchange‑traded funds were built for intraday liquidity, low cost and radical transparency. Over the last few years however, issuers have been busy testing how far that chassis can be stretched. Active strategies, buffered outcomes, semi‑transparent portfolios and even private‑market‑adjacent exposures are now being packaged into ETFs as investors demand both sophistication and simplicity. By 2025,
ETF Issuers: When the “everything wrapper” meets private markets Read More »
