Exchange-traded funds have revolutionized the investment practices of a generation since their global debut on the TSX in 1989. But for all their success, ETFs are barely scratching the surface of their true potential on capital markets.
Mark Wiedman knows this all too well. The global head of iShares, the world’s biggest ETF provider with US$1-trillion in assets under management, expects ETFs will continue to steal market share from its various competitors and projects the US$2.6-trillion global industry to add another US$1-trillion in assets by 2017.
Here, Mr. Wiedman gives his thoughts on the evolution of ETFs and where they are heading over the next few years in an exclusive interview with the Financial Post.
Q Where does the ETF industry stand in terms of its evolution?
A I would argue that we are still in the early innings. There are so many nooks and crannies in the…
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