News came this week that ETFs are to be included in the sectors identified by the UK’s The Investment Association (IA). The association says that savers and their advisers will be able to compare ETFs against the 3,500 funds already in the IA’s 37 fund sectors from the first quarter of next year. This means that ETFs will now sit within the existing IA sectors, allowing them to be compared with open ended funds.
Read our story to see the reactions from the great and the good.
Other news this week comes from German disruptor index provider Solactive which has enjoyed extraordinary growth over the last four years. They have a new Chief of Staff, interviewed in our piece, and have made a strategic investment to start building out their offering for a wider audience.
Read this week’s etfexpress newsletter here.
If you’re not already registered to receive our free email newsletter, please click here.
Managing Editor, etfexpress