Markets Media: "Glow said European issuers can compete by developing innovative products. He gave the example of the partnership between EDHEC-Risk Institute and ETF provider Amundi to create smart beta passive products for the institutional market."
MarketsMedia 23/02/2015
"(...) Detlef Glow, head of EMEA research at Lipper, the fund research provider does not believe that US issuers have a competitive advantage when entering Europe as they cannot just convert US funds, but need to set up a new business and new funds. “US issuers need to ask where they can add value,” Glow added. “There are already thousands of funds listed on European exchanges and the vanilla equity and debt space is already crowded.” Glow said European issuers can compete by developing innovative products. He gave the example of the partnership between EDHEC-Risk Institute and ETF provider Amundi to create smart beta passive products for the institutional market. (...)"
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