Four exchange-traded fund providers have joined forces in a bid to better educate the adviser and wealth management community on ETFs. The ETF Forum has been launched today and is made up of BMO Global Asset Management, ETF Securities, Source (in association with Legal & General Investment Management) and WisdomTree Europe.
ETF Providers join forces to educate UK advisers
The independent partnership, designed to help improve the adviser community’s collective understanding of ETFs, will run a series of educational roadshows from 20th June around the UK. The free CPD-accredited workshops will feature leading speakers from the ETF industry talking on a variety of topics, including the key characteristics of ETPs, why and how ETFs are traded, and how best to access them.
The ETF Forum’s main goal is to educate intermediaries on how the products can be used as effective investment tools to build or enhance well-diversified portfolios.
Nizam Hamid, head of ETF Strategy at WisdomTree Europe, said the collaboration of so many ETF providers was an industry first. “This coming together of some of the UK’s leading ETP providers is a milestone for the industry,” he said.
“ETFs are becoming increasingly popular but given the huge variety of products available, it is imperative advisers and wealth managers know how they can best use them. The ETF Forum will help ensure they have the most up-to-date information about ETFs when deciding where and how to allocate clients’ assets.”
Rob Thorpe, head of UK intermediary at BMO Global Asset Management, added: “ETFs are seeing increasing inflows, however there remains a knowledge gap amongst UK advisers and wealth managers. The ETF Forum has been set up to fill that gap and drive an increase in ETP adoption amongst the UK adviser community’.
The first event will be at BMO’s offices in London on 20th June and will be followed by ten further workshops held in cities across the UK including Glasgow, Edinburgh, Manchester, Birmingham and Bristol.