ETF Securities Launches Service for Asset Managers to Build ETFs

Asset managers who want to build an ETF can now utilize CANVAS, a service from ETF Securities that helps managers around the world launch their own white-labeled ETFs in Europe.

Through CANVAS, asset managers can use infrastructure from ETF Securities to set up a personalized ETF platform, convert existing UCITS funds into ETFs or add an ETF share class into a UCITS fund.

ETF Securities expects that the global ETF market will increase from its current size of $2 trillion to over $3 trillion in 2015.

Matt Johnson, ETF Securities’ head of distribution in EMEA, said the following in a statement: “Asset managers have been steadily increasing their own use of ETFs for some time and recognise that it is one of the highest growth areas within the industry with approximately US$350bn invested in Europe alone. However, many do not have the infrastructure, expertise or resources to build their own products. CANVAS provides an easy and efficient way for them to launch ETFs, relying on ETF Securities’ years of proven expertise and infrastructure.”