MiFID II is the 'latest injection of steroids into the ETF business'

Active ETFs to dominate market

Tom Eckett
clock • 3 min read

Hector McNeil, co-CEO of HANetf, has said MiFID II and the industry's greater focus on transparency will drive further assets into passive products, although he highlighted active ETFs will be the main beneficiary.

Speaking to Investment Week following the launch of his new venture HANetf - the firm he set up with his former co-CEO from both Boost/WisdomTree Europe and ETF Securities Nik Bienkowski - McNeil said a key driver of flows from mutual funds to ETFs was regulation such as MiFID II and the increasing focus on fees. MiFID II, which comes into effect on 3 January 2018, is designed to increase transparency across all assets classes and offer more protection to investors. "MiFID II is the latest injection of steroids into the ETF business," McNeil said. "It is not the be all and end all but...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now


Already an Investment Week