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ETF Securities Helps Asset Managers Launch Strategies


Money managers follow their own investment styles and quirks, and now anyone around the world can market their strategy in Europe through ETF Securities’ new CANVAS exchange traded fund service.

On Monday, ETF Securities came out with its CANVAS service that helps assets managers construct ETFs, convert Undertakings for Collective Investment in Transferable Securities (UCITS) into ETFs or add ETF share class into a UCITS fund, according to a press release.

Essentially, the new ETF service promises to provide the foundation for any asset manager to launch their fund strategy, including bringing products to market and handling regulatory paperwork.

“CANVAS provides an easy and efficient way for [asset managers] to launch ETFs, relying on ETF Securities’ years of expertise and infrastructure,” Graham Tuckwell, Chairman, ETF Securities, said in the press release. “To date we have already received strong interest from asset managers in Europe, the US and China.”

While the global ETF industry has grown tenfold over the last decade and is expected to growth more than 50% over the next two years, many asset managers do not have the expertise or resources to launch an ETF of their own. Tuckwell explains that CANVAS will help passive and active asset managers construct ETF-based solutions.

CANVAS will help managers launch ETFs on European-listed exchanges. In the U.S., AdvisorShares and Forum ETF Trust help market a number of actively managed ETF. Additionally, Exchange Traded Concepts provides a “turnkey solutions” for managers to expeditiously market new products. [New Firm Wants to Help Advisors Launch Active ETFs]

For more information on the ETF industry, visit our current affairs category.

Max Chen contributed to this article.

The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.