Category: Private Equity
Published: 04 September 2014
Exchange-traded funds have been, since their inception, a revolutionary change for investors and those in the investing business. There are a few key characteristics of ETFs that attract investors, either for new portions of their portfolios or for transitions of their entire investment strategies. Notable are transparency, exchange listing, tax efficiency, and lower fees.
This paper, first published in the Journal of Trading, looks at how you can seek optimal ETF execution in electronic markets.