“It’s critical for asset management firms to think about ETFs, and whether or not they actually get involved in the business, they need to have a strategy”, stated investment management counsel, Edward Baer. Upon his arrival at the firm, Mr. Baer was profiled and interviewed by IFLR 1000 and Compliance Reporter on key concerns the ETF and mutual fund industries face in the coming months. As the SEC steps up efforts to evolve the industry, staff will be looking more closely at ETFs, according to Mr. Baer, with even greater focus on the sector as more players get into the industry and more firms launch active ETFs.
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