Right place right time ETF, Breakwave Advisors’ Breakwave Dry Bulk Shipping ETF, has achieved performance year to date of 300 per cent, on the back of the shipping industry and what John Kartsonas, founder and managing partner at Breakwave Advisors, admits is one of the most volatile, but also dynamic sectors.
The pandemic has seen shipping enjoying an extraordinary revival. “Shipping has done very well this year,” Kartsonas says. “There has been a very big push on the demand side of shipping as the global economies started to reopen at the same time. When things started to improve, everyone came out and started buying stuff.”
It’s been the week for thematic ETFs with ETF Express joining with Asset TV to produce our first panel of experts – this one discussing thematic ETFs and noting, inevitably, that the sector is dominated by ESG and cryptocurrencies.
The panel included Allan Lane from Algo-Chain; Hector McNeil from HANetf; Thomas Bailey from Interactive Investor and David Barfoot from RizeETFs.
The second film with Asset TV is a conversation between me and Bill Stone, founder of SS&C Globe Op and owner of SS&C Alps Advisors, the fast-growing ETF business. Interviewed six years ago, Stone predicted that passive would see huge growth. See his predictions for the next six years.
Our In My Opinion column this week comes from Jad Comair, founder at Melanion Capital, who urges us to think beyond a bitcoin ETF.
Last night will have seen us publishing the winners’ list for the third ETF Express US awards, unveiled at our virtual event. These awards are a celebration of excellence in the US ETF industry. Please follow this link to see who won what on the big night.
Beverly Chandler, managing editor, ETF Express
Companies in this issue
SS&C Alps Advisors
SS&C Globe Op