In the first physical event, actually meeting in a room, in three years due to Covid, the ETF Express team were very pleased to be based in New York this week, celebrating the great and the good of the US ETF industry at a rousing party at the Metropolitan Club.
Winners from the issuer world were pre-selected by our database partners, Trackinsight,, while service providers were selected through a nomination process. Both short lists were then opened to the public vote and the firms with the most votes win. The result is a genuine vote from peers, supported by a robust methodology.
I was also very pleased to be interviewed on the New York Stock Exchange floor by Doug Yones, head of ETFs at the exchange.
Other news this week included a chat with Andrew Beer of Dynamic Beta, whose managed futures ETF is enjoying a right place, right time, moment. His assets have grown from USD60 million to over a USD1 billion in less than a year. Managed futures are an essential not an optional, he says.
Bloomberg’s Athanasios Psarofagis sent us a note this week on what he is calling the Vanguard effect on European ETFs where the lowest price is proving to be right. “Recent market declines have spurred a shift toward the cheapest funds,” Psarofagis writes.
Beverly Chandler, Managing Editor
Companies in this issue
First Trust Advisors
New York Stock Exchange
T Rowe Price