The CFA Institute Annual Conference is an unrivaled opportunity to access high-quality, unbiased educational content that equips investment professionals with the latest thinking on critical industry issues. The 72nd CFA Institute Annual Conference will be held in London on 12–15 May 2019.
That’s a remarkable ascent given the relatively brief lifespan of the ETF, and it connotes a startling disruption of the investment management industry. After all, the SPDR S&P 500 ETF Trust (SPY) only just celebrated its 25th anniversary and the first modern “ETFs,” the Toronto 35 Index Participation units (TIPs), first went on sale in 1990.
But the real ETF-inspired disruption is in active indexing, Joanne M. Hill explained in her presentation at the 71st CFA Institute Annual Conference in Hong Kong.