The ETF Express US ETF Awards’ special report is published, with the full list of winners in this year’s popular awards, plus interviews with some of the firms involved. The buzz around the awards was that active ETFs are all the rage. Another emerging theme from the interviews was how much of a relationship ETF issuers have with their investors and ETF service provider firms have with their clients.
We also have new types of winners this year, with Fairlead Strategies, winner of Best Mixed-Allocation ETF Issuer ($100m-$1bn), and our first fund of ETFs product, undoubtedly just the first in what is a growing part of the ETF industry.
Our Editor’s Award was wielded again this year, going to Grayscale, for its determination in achieving the longed-for goal of launching a spot bitcoin ETP. Other firms in the ETF cryptocurrency space have thanked this firm and recognised all its hard work in moving the crypto ETF offering in the US forwards and we just wanted to recognise that.
Read the ETF Express US ETF Awards’ report by following this link.
Other news from us this week was our partnership with Exchange, the ETF conference hosted by VettaFi in February in Miami (what’s not to like, eh?). We will be organising our first in-conference awards, appealing to the financial adviser audience to express their views on the ETFs that they are offered.
We also have an interesting piece covering research from Bloomberg Intelligence’s Athan Psarofagis and Henry Jim on the possible effects of the recent European ETF fee cut from State Street. “As ETFs continue to grow, we feel the largest impact will be forcing the hand of active managers to reduce fees, which are on average more expensive,” the analysts say.
Fiona Nicolson spoke with Patrick Neal, the founder of the Reverb ETF, this week which has introduced a new way to bring corporate impact on society to the forefront.
In the news this week was Fidelity in the US, which has filed for permission to add ETFs as a share class within its active mutual funds. If granted, this could be a game changer for the active ETF focus we have seen so far this year.