ETF Securities launches product for asset managers
ETF Securities has launched CANVAS, a service enabling asset managers from around the world to build and launch white-labelled ETFs in Europe.
CANVAS will provide a number of ETF-based solutions, including the ability to build ETFs using ETF Securities full infrastructure, set up a bespoke ETF platform, convert existing Ucits funds into ETFs or add an ETF share class into a Ucits fund.
CANVAS is a European service that offers its expertise to provide a comprehensive choice of ETF-based solutions to passive and active asset managers. Its open architecture model supports a broad range of services from the development to the full management of an ETF, with a focus on speed to market as well as capital and resource efficiency.
Commenting on the launch of CANVAS, Matt Johnson (pictured), head of distribution EMEA, ETF Securities said: “Asset managers have been steadily increasing their own use of ETFs for some time and recognise that it is one of the highest growth areas within the industry with approximately US$350bn invested in Europe alone .
“However, many do not have the infrastructure, expertise or resources to build their own products. CANVAS provides an easy and efficient way for them to launch ETFs, relying on ETF Securities’ years of proven expertise and infrastructure. To date we have already received strong interest from asset managers in Europe, the US and China.”
ETF Securities also said that it expects the ETF market to continue to grow more than 50% over the next two years as investors become more aware of the cost advantages, transparency and ease of use that ETFs offer over many other traditional financial vehicles.