ETF growth in Europe attracts new white-label providers
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A number of exchange traded fund white-label providers have entered the European market, hoping to gain traction among active managers who want to partner with an existing provider to bring their own products to market.
Axxion and asset management servicing group Waystone have both launched ETF businesses recently, while exchange traded product specialist Leverage Shares and cryptocurrency-focused asset manager Iconic Funds have also entered the white-label space.
“HANetf has been the incumbent in Europe for a long time, so it’s only natural some competition would come along at some stage,” he said.
This story originally appeared on: Financial Times - Author:Dominic Lawson
