Name: ETF Investigations: Pre-hedging or frontrunning: Are ETF investors losing out?
Start: 2023-03-15T11:00:00Z
End: 2023-03-15T12:03:03.000Z
Location: BrightTALK
Rating: 4

ETF Stream is the leading media brand for everything ETF-related in Europe. Through our website, publications and events, we ensure all ETF industry participants stay up-to-date and informed on the latest trends in the space.

Our team of dedicated journalists cover the latest news, provide expert analysis and share informed opinions on a range of issues across the ETF ecosystem. We are also dedicated to educating all investors while informing wealth and institutional managers through our events, guides, features, analysis and data tools.

Investors face one of the toughest market environments in decades amid structurally higher inflation and the prospect of a global recession towards the end of the year.

Amid heightened market volatility, gold continues to play a protection role against inflation and a potential black swan event.

This webinar will explore the outlook for gold over the next 12 months, how gold performs towards the end of a market cycle and the role of gold ETCs – and gold equity ETFs – within multi-asset portfolios.

Speakers:
Steve Jones, Business Development Manager, The Royal Mint
Daniel Ruell, Head of Sales, Precious Metals D2C, The Royal Mint 
Eric Strand, Founder, AuAg Funds

Gold ETFs: Hunting for protection against market volatility

The number of white-label ETF issuers in Europe has boomed over the past 12 months as structural issues such as post-Brexit barriers to entry and the growing interest of US-based ETF issuers in the European market tempt new players into the space.

The likes of Goldman Sachs, Waystone and Leverage Shares have all joined HANetf in launching white-label solutions for potential ETF issuers.

This webinar assessed why there has been such rapid growth in this market, how white-label providers can support an ETF issuer’s entry into Europe and how product innovation will develop over the next few years.

Key questions:
• How do white-label ETF issuers differentiate from the competition?
• What unintended opportunities have arisen from Brexit?
• How is the European ETF market set to develop over the next five years?

ETF Investigations is a new webinar series from ETF Stream which examines the key issues facing ETF investors in Europe.

Speakers:
Peter Capper, Senior Adviser, International Fund Regulation, The Investment Association
Stephen Carson, Partner, A&L Goodbody
Jason Griffin, Director of Business Development and Capital Markets, HANetf

ETF Investigations: The rise of white-label ETF issuers in Europe

Get all the insights on Europe’s largest ETF conference! ETF Ecosystem Unwrapped 2023, which is set to take place on 24-25 May in London, is the event to attend for participants of the European ETF market.

Boasting a fantastic line-up of speakers, this event is exclusively aimed at professional investors (Day 1) and the wider ETF ecosystem (Day 2) where we will dive into the most important themes shaping the outlook for markets and the ETF industry.

During this webinar, ETF Stream’s editor Tom Eckett previewed all aspects of the conference and reveal the topics he is most excited about.

Speakers:
Monika Calay, Head of EMEA Passive Strategies Research, Morningstar
Tom Eckett, Editor, ETF Stream

Road to ETF Ecosystem Unwrapped 2023

Fed chair Jerome Powell has kept markets on their toes in recent months after delivering a series of hawkish warnings that interest rates will stay higher for longer.

The phrase ‘do not fight the Fed’ seems to be as old as time but there are big concerns the central bank could tighten monetary policy too quickly and tip the US into a recession.

This webinar will assess the outlook for markets over the next 6-12 months, the role of fixed income within portfolios and whether there are any opportunities investors can take advantage of.

Speakers:
Mike Coop, Chief Investment Officer, Morningstar Investment Management, EMEA
Karl Rogers, Chief Investment Officer, Elkstone Private

All eyes on the Fed: Where do markets go from here?

Investors and the wider asset management industry are still adjusting to the challenges posed by ‘level 2’ of the Sustainable Finance Disclosures Regulation (SFDR) which requires fund providers to report on the sustainable impact of their investments.

The lack of clarity over what constitutes an Article 6, 8 or 9 product has led to a large number of downgrades as ETF issuers race to recategorise their strategies in order to avoid accusations of greenwashing by investors and the regulator.

This webinar explored why SFDR has become such a challenge for the ETF industry, the issues of reporting from a data perspective and what this means for the ESG space in Europe going forward.

Key questions:
• Is SFDR leading to further greenwashing across asset management?
• Should investors use SFDR as a tool to measure the sustainability of an ETF?
• Are there any unintended consequences investors need to be aware of?

ETF Investigations is a new webinar series from ETF Stream which examines the key issues facing ETF investors in Europe.

Speakers:
Hortense Bioy, Global Head of Sustainability Research, Morningstar
Sergey Dolomanov, Partner, William Fry
Manuela Sperandeo, Managing Director, EMEA Head of Sustainable Indexing, BlackRock

ETF Investigations: Demystifying SFDR and its impact on ETFs

After one of the toughest years for markets since the Global Financial Crisis in 2008, investors are now preparing portfolios for another year of rising interest rates, high inflation and weaker returns versus the past decade.

In a recent survey of 59 professional investors, ETF Stream and J.P. Morgan Asset Management found 85% of respondents believe 2023 will be a year of volatility while 61% are predicting a recession.

However, there are certainly bright spots investors will be able to take advantage of over the next 12 months. This webinar explored where these might be, the role of active ETFs within portfolios and the outlook for financial markets in 2023.

Speakers:
Edward Malcolm, UK Head of ETF Distribution, J.P. Morgan Asset Management
Karen Ward, Chief Market Strategist for EMEA, J.P. Morgan Asset Management

Moderator:
Tom Eckett, Editor, ETF Stream

Actives Unlocked: What is the outlook for markets in 2023?

Nuclear has a vital role to play in the transition to a net-zero economy which is why it has recently been included in the European Union’s Taxonomy of sustainable activities, a move that is set to be a huge boon for the uranium sector. 
 
The EU’s decision to include nuclear has not come without pushback from certain governments and industry bodies, however, its importance to the clean energy mix cannot be denied. 
 
This webinar explored the relationship between nuclear and ESG, the different companies within the sector and why investing in uranium ETFs is a once-in-a-decade opportunity.

Speakers:
John Ciampaglia, CEO, Sprott Asset Management
Tom Bailey, Head of Research, HANetf

Moderator:
Jamie Gordon, Reporter, ETF Stream

Nuclear, ESG and uranium ETFs: A once-in-a-decade opportunity

Innovation in order to meet the goals of the Paris Agreement and aid in the transition to net-zero has never been more vital.
 
In areas such as clean energy and the electric grid as well as agriculture, construction and transportation, companies are developing new solutions to tackle the ongoing fight against climate change.
 
This webinar explored the power of active investing through the ETF wrapper, the role of artificial intelligence in identifying the companies set to have the biggest effect on climate change and how the market is set to develop over the next decade.

Speakers:
Hanna Bach-Nielsen, Asset Management Solutions - Investment Specialist, J.P. Morgan Asset Management 
Amara Lalemi-Jacobs, Sustainable Investing Analyst, J.P. Morgan Asset Management
Alfred Le Leon, Head of ETF Distribution France, J.P. Morgan Asset Management

Moderator:
Tom Eckett, Editor, ETF Stream

Actively capturing climate innovation

This year has been a tough one for most risk assets and cryptocurrencies have not been immune. As the crypto winter descended, the market cap of digital assets fell below $1trn for the first time since April 2021.

However, cryptocurrencies have continued to see new milestones and growing acceptance, especially from institutional investors, while ether – the world’s second cryptocurrency – recently carried out the ‘merge’, one of the most significant events for the market so far.

This webinar broke down the most recent developments taking place within the crypto industry and how these impact exchange-traded products (ETPs) while analysing whether the crypto winter is over.

Speakers:
Tom Bailey, Head of Research, HANetf
Torsten Dueing, Head of ETC Platforms, HANetf
Bradley Duke, Founder and Co-CEO, ETC Group
John Freyermuth, Research Analyst and Strategist, Enigma Securities

Moderator:
Jamie Gordon, Reporter, ETF Stream

Is the crypto winter over?

The European Union’s benchmark regulation (EU BMR) sets out the guidelines for Climate Transition and Paris-Aligned indices to enable investors to more easily invest toward the transition to a low carbon economy. While there are numerous climate ETFs offering exposure to equities, there is still a dearth of fixed income strategies linked to the EU’s two climate benchmark standards. Investors are looking for ways to gain passive exposure to broad fixed income indices aligned with the climate goals expressed in the Paris Agreement. 

This webinar explored: 
• Why the bond market cannot be ignored in the shift to net-zero emissions
• The importance of benchmarking against a carbon reduction index
• The specific challenges and opportunities of fixed income indexing and how the market is set to develop over the next five years
• ICE’s recently launched corporate bond climate indices

Speakers:
Rebecca Palmer, Director, Sustainable Finance Data, ICE
Alberto Ruiz Sena, Director, Product Management, ICE
Mark Geene, Senior Investment Consultant, PGGM Institutional Business – Fiduciary Advice
Tom Eckett, Editor, ETF Stream

Climate indices: The new frontier in fixed income benchmarks

With Gazprom turning off the taps to Europe in July and OPEC cutting global oil supply, energy prices look set to accelerate across the continent.

This presents significant investment opportunities as the European Union looks to reduce its dependence on Russian gas as quickly as possible by promoting renewables and nuclear energy.

This webinar examined the current macro outlook in Europe, the opportunities in renewable energies and clean technology resulting from the crisis, and the role of nuclear in the transition to a low-carbon economy.

Speakers:
Roberta Caselli, Associate, Research Analyst, Global X
Morgane Delledonne, Head of Investment Strategy for Europe, Global X
Tom Eckett, Editor, ETF Stream

Solving Europe’s energy crisis: Macro outlook and investment opportunities

The COVID-19 pandemic was a catalyst for disruptors in finance, with decentralised finance and crypto assets attracting public attention with outsized returns.
 
As the digital payments space and blockchain-enabled applications have proliferated, there is a growing number of ETFs and ETPs ready to capture their respective growth stories.
 
This webinar explored what the future of finance looks like, as well as how the current bear market and looming recession will impact this new paradigm.

Speakers:
David LaValle, Global Head of ETFs, Grayscale
Andre Voinea, Head of DACH, HANetf
Tom Eckett, Editor, ETF Stream

A turning point for the future of finance

The rise of retail investors and high conviction investing have been the biggest transformations in financial markets since the coronavirus pandemic.

Short and leveraged exchange-traded products (S&L ETPs) allow investors to express high conviction views on the short-term movement of stocks.

This webinar explored the rise of retail investing, its impact on financial markets and the role of S&L ETPs.

Speakers: 
William Rhind, CEO and Founder, GraniteShares
Manuj Sarpal, Director and CTO, GraniteShares
Jamie Gordon, Reporter, ETF Stream

High conviction investing: An emerging megatrend

Emerging markets remain a volatile, but potentially rewarding investment opportunity. 

Besides future growth, there are diversification benefits to be harvested – an often underestimated factor. But a broad allocation in these markets may not be suitable for all investors. 

In this webinar, we discussed the latest developments and also had a look at how a more granular approach toward emerging market allocations could add value.  

Speakers include:
John Leiper, Chief Investment Officer, Titan Asset Management
Kim Catechis, Investment Strategist, Franklin Templeton
Marcus Weyerer, ETF Investment Strategist, Franklin Templeton
Theo Andrew, Senior Reporter, ETF Stream

Lessons from Russia: Weighing risks and opportunities in emerging markets

Mega tech companies have had a tough year so far in 2022 with the combination of high inflation and the threat of interest rates spooking investors.

With a huge sell-off across the board for the FAANGs, the question is whether investors buy the dip or look to short the stocks that have delivered spectacular returns over the past decade.

This webinar analysed the outlook for big tech companies over the next 12 months along with the role of ETPs in accessing the different combination tech stocks such as FAANG, GAFAM and FATANG.

Speakers:
William Rhind, CEO and Founder, GraniteShares
Manuj Sarpal, Director and CTO, GraniteShares
Paul Cuatrecasas, Founder and CEO, Aquaa Partners
Laura Hoy, Equity Analyst, Hargreaves Lansdown
Jamie Gordon, Reporter, ETF Stream (moderator)

FAANGs in focus: Outlook for big tech

The largest ETF conference in Europe is back! Only this time, in person. The three-day event will offer participants invaluable insights into the European exchange-traded fund universe.

With the likes of Robert Shiller, the European Commission’s Tilman Lueder and DWS’s Keshava Shastry speaking, this is set to be a fantastic event for professional investors (Day 1) and the wider ETF ecosystem (Day 2).

During this webinar, ETF Stream’s editor Tom Eckett previewed the conference alongside Athanasios Psarofagis, ETF analyst at Bloomberg Intelligence, as well as discussed some of the biggest trends shaping the ETF market over the next five years.

The road to ETF Ecosystem Unwrapped 2022

The term ‘active ETFs’ is often viewed as a contradiction by many market participants who only know ETFs as passive building blocks in their portfolios, however, many issuers are starting to build their active strategies within the ETF wrapper.

While regulatory developments have been slower in Europe compared to the US, there has still been significant demand for active ETFs over the past few years.

This webinar debunked some of the myths around active ETFs, explored the advantages of accessing active strategies through the ETF wrapper and analysed where the market is heading next.

Speakers:
Olivier Paquier, Head of EMEA ETF Distribution, JP Morgan Asset Management
Andrew Jamieson, Global Head of ETF Product, Citi
Tom Eckett, Editor, ETF Stream (moderator)

Active ETFs: Debunking the myths

ETF investors are suffering significant trading costs when executing on request-for-quote (RFQ) due to pre-hedging, a process where market makers front run orders to capture the performance on known trades.

The European Securities and Markets Authority (ESMA) issued a ‘call for evidence’ last July on the practice of pre-hedging, highlighting concerns the regulator has over the practice.

This webinar explored the impact pre-hedging is having on end investors and the wider ETF ecosystem when trading on RFQ platforms and whether regulatory intervention is needed to address this issue.

Key questions:
• Is pre-hedging on RFQ platforms a form of frontrunning?
• Is there anything that can be done to protect ETF investors?
• Are there any unintended consequences if regulators step in?

ETF Investigations is a new webinar series from ETF Stream which examines the key issues facing ETF investors in Europe.

Speakers:
Jamie Hartley, European Head of Capital Markets, DWS
John Keogh, Managing Director, Susquehanna International Securities
Alex Livingstone, Head of Trading - FX & ETFs, Titan Asset Management

ETF Investigations: Pre-hedging or frontrunning: Are ETF investors losing out?

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ETF Investigations: Pre-hedging or frontrunning: Are ETF investors losing out?

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