The competitive landscape of the ETF industry has evolved rapidly over the last several years, with several new players–both big and small–making a push into the space. From financial giants such as RBS and Citi to relative unknowns such as Javelin and Precidian, the roster of active ETF issuers has grown to nearly four dozen. Now, mirroring a trend playing out in the lineup of exchange-traded products, it appears that some contraction is in order. Coming months could see a few ETP issuers wiped off the map, as a series of fund closures and mergers should reduce the number of companies that market exchange-traded products [see also ETF Update: Pipeline Continues To Fill]. [click to continue…]
{ Comments on this entry are closed }