Growing demand for outsourced exchange-traded fund (ETF) services is driving new launches and fund conversions says the ETF platform.
Exchange Traded Concepts said it now supports more than US$35 billion in client ETF assets across its white-label and sub-advisory business lines as of 11 May. The milestone reflects growing demand from asset managers, advisors and institutions The company said the milestone reflects growing demand from asset managers, advisors and institutions looking for outsourced ETF infrastructure rather than building in-house platforms. The firm noted that its services cover the full ETF lifecycle inc