ETFs were originally launched in Canada in 1990, some years before Investment Week, which is now celebrating its 30th anniversary.
Deep Dive: Questions raised over equal-weighted ETFs’ efficiency
They were pitched as a way to enable investors to access passive index funds, but struggled to gain popularity until more than a decade later, after expanding into more asset classes and when the market entered a decade long bull run.
Benoit Sorel, Amundi global head of ETF, indexing and smart beta, said, until ten years ago, ETFs were “mostly a tool used by fund of fund managers”.
“It…
