Frankfurt | 21 June 2018

Disruptive Threats and Opportunities:
The Future of ETFs

Europe is the second largest ETF market globally, and will continue to be a key strategic focus for many of the world’s largest asset managers given regulatory changes, improvements in market infrastructure, and new product developments that are rapidly increasing investor adoption of ETFs across channels. For the first time Bloomberg is convening an exciting 4-part series, Disruptive Threats and Opportunities: The Future of ETFs taking place in Amsterdam, Frankfurt, Paris, and Zurich. We’ll gather leading investors, issuers, and industry experts to answer questions including — is indexing getting too big? Will ETFs cause the next crash? Where will the growth in new products be? And whether MIFID regulations could unlock more transparency and growth for the industry. Whether you’re an active manager looking to beat the benchmark, or currently working in the ETF space, knowledge of how the ETF market is growing and changing is vital to profit in today’s uncertain market environment.

June 21 - Thursday

10:30 am

Registration & Networking Reception

11:00 am

Welcome Remarks

Host

11:05 am

Opening Remarks

Speaker

11:20 am

MIFID II and Transparency: A Coming Boom for ETFs?

The Markets in Financial Instrument Directive II is being hailed for its promise to more than double ETF assets in the European region to $2 trillion in five years. The sweeping regulations will require every ETF transaction to be reported -- a huge change for a market currently dominated by behind-the-scenes trading. This has many betting new transparency around trades and costs will help fuel a growth path in the region and help bring the market up to speed with its U.S. counterpart. With the floodgates set to open will it be the big bang for the ETF industry? Will it provide expected transparency in light of the European industry being scattered across the bloc's dozens of countries?

Speaker

Moderator

11:50 am

From Strategy to Industry: The State of ETFs

Many investors are now realizing the powerful distribution potential of the ETF, and there seems to be a consensus that the growth trajectory of the industry is only going up. But questions and debates remain around topics such as investment strategy, industry outlook, and where and how they serve a place in one's portfolio. We'll get a firsthand account from investors, issuers, and strategists to try to answer questions such as--Is indexing getting too big? Will ETFs lead to the next market crash? In order to keep cash flowing in, ETF fees will have to keep falling with many saying being a low-cost provider is a prerequisite to survival. How low can fees go? Where will the growth in new products be? And while passive investing is a popular strategy among ETF investors, it isn't the only strategy.

Speakers

  • Jim Norris

    Managing Director, Vanguard International

  • Ken O'Keeffe

    Managing Director, Head of ETFs, FTSE Russell

  • Eric Wiegand

    Director Global Client Group Passive Coverage, Head of Xtrackers ETF Strategy Europe & Asia , DWS 

Moderator

12:20 pm

Bloomberg Intelligence Presentation: ETF Traffic Light Europe

In today's market getting a red, yellow, or green light before investing in an ETN or fund could make all the difference. Bloomberg Intelligence presents an objective, transparent and easy-to-understand alert system that allows investors to evaluate and compare exchange-traded products. Our analyst will take you through the methodology, and look to help identify any unforeseen dangers or surprises in products due to factors such as leverage, tracking issues, less-liquid holdings, derivative use, unusual taxation and hidden costs.

Speaker

12:35 pm

The Future of Money: Fintech's Hold on Investing

Technological advances are radically changing how we both live and invest. From peer-to-peer lending, to robo-advice, and the rise of algorithmic strategies and trading firms the industry is seeing a profound impact in how it does business. We'll gather experts across fields to understand what the investment opportunities are in this area? What will make new firms successful over the traditional giants building out their own tech platforms? And seek to answer whether these firms have the opportunity to upend the industry and really change behavior.

Speakers

Moderator

1:00 pm

Closing Remarks, Networking Lunch

Host

1:30 pm

Event Concludes

Speakers

Matt Miller

Anchor Bloomberg Television

Tim Buckley

President & Chief Executive Officer Vanguard

James Baugh

European Head of Market Structure Citigroup

Carmen González-Calatayud

Director, Senior Product Specialist HSBC Global Asset Management

Michael Stanley

ETP Manager London Stock Exchange

Nicholas Comfort

Reporter Bloomberg News

Jim Norris

Managing Director Vanguard International

Ken O'Keeffe

Managing Director, Head of ETFs FTSE Russell

Eric Wiegand

Director Global Client Group Passive Coverage, Head of Xtrackers ETF Strategy Europe & Asia DWS 

Athanasios Psarofagis

EMEA ETF Analyst Bloomberg Intelligence

Tamaz Georgadze

Founder & Chief Executive Officer Raisin

Rogier Minderhout

Founder and Managing Director myPension

Erik Podzuweit

Founder & Co-Chief Executive Officer Scalable Capital

Dani Burger

Reporter Bloomberg TV and Radio

Sponsors

Founded in 1976, The Vanguard Group Inc. has grown into one of the largest fund managers in the world, with $5 trillion in total assets under management (as at 28 February 2018). The Vanguard Group’s unique ownership structure means it is free to focus on low-costs, transparency and fairness for all clients. Vanguard has been present in Europe since 1998, opening its London office in 2009. Since that time the company has built a range of mutual funds and ETFs that bring its low-cost, high-quality ethos to investors across Europe.

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