Two panellists examined the growing overlap between structured notes and ETF wrappers, cautioning about reading the US market as a blueprint for Europe.
The structured notes and exchange-traded fund ( ETF ) industries are moving closer together, but the convergence will look different on either side of the Atlantic - the broad consensus reached by a panel focusing on ETFs on 20 May. Stephane Mattatia , g lobal h ead of index client solutions at MSCI, opened by addressing what has drawn loads of attention in the space: the launch of CAIE by Ca