Sebastian Sieber, partner for Syfe, reached out to me at Distrii Singapore to hook up with Mun Fai Cheong on “SPDR x Syfe ETFs: Fact vs Fiction” on 14 Jan. Mun Fai by the way, is Vice-President at State Street Global Advisors, for SPDR Exchange Traded Funds (ETFs).
State Street Corporation for that matters, is responsible for 10% of the world’s assets and the third largest global manager of ETFs (approximately $715 billion in total global ETF assets). If we can’t visualise what that numbers mean, just know that it is massively HUGE.
In recent years, increasingly there is greater adoption of ETFs in investor’s profile due to its lower cost nature and accessibility. With ETFs, there is full transparency whereby you may know the exact percentage of holdings which is updated once at the end of the trading day. In short, ETFs can augment active exposures and enhance returns while lowering cost....
