Following three-year action plan
Reporting to Raphael Stern
OCF of 0.50%
TERs of 0.30% and 0.35%
Managed by Sebastien Faucher
TERs between 0.10% and 0.22%
TERs of 0.12% and 0.10%
Outflows of €430m
Firm entered ETF space in November 2017
Global equity markets continued to advance in 2017, which led to record breaking flows into ETFs.
'Similar approach to money market fund'
Predicts global ETF industry will more than double by 2022