Former iShares boss launches ETF consultancy firm
Former co-head of iShares, Tim Bradbury, has launched ETF Consulting, a specialist exchange traded fund (ETF) consulting and training firm targeting financial advisers, institutions and product issuers.
Bradbury said the new firm would assist clients differentiate their businesses by way of understanding and tapping into the growing ETF and exchange traded products markets.
"There will be more issuers entering the market in 2012 and the number of ETFs offered would jump when the main issuers start offering fixed interest ETFs for the first time early in the new year," Bradbury said.
While the Australian Securities Exchange figures show market capitalisation has risen only 2.8 per cent to $4.2 billion in the 12 months to the end of November, he said there were 50 ETFs currently trading, which is twice the number of two years ago.
The launch of ETF Consulting comes almost two years after Bradbury left iShares following its acquisition by BlackRock.
He spent seven years in the ETF market, while he also has experience in business management, asset management and financial advice.
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