Structured products specialists from Calamos, Vest, Goldman Sachs and BlackDiamond Wealth gathered on 18 June for an SRP webinar to assess a year of rapid growth in autocallable ETFs and to debate how the market should develop from here.
The numbers were striking. Calamos’s CAIE, widely regarded as the first autocallable ETF, crossed US$1 billion in assets under management in less than 12 months. Vest Financial’s ACEI, launched in partnership with First Trust in February, has already approached US$800m. The large part of the market is already familiar with worst-of autocallables as they’ve been in the market for decades - Rishi Rajan, Vest Financial As of today, eight asset managers have now launched 2