The ETF industry has long been driven by innovation, and I have no doubt that forward-thinking ETF executives are even now exploring the cost-benefit of becoming a first-mover by launching an Ensemble Active Management-powered active ETF. And if EAM solutions live up to what I have seen and learned over the past year, then ETFs might just be positioned for another 25 years of dynamic growth to reach the next plateau of asset growth.
Bob Tull has 35 years of experience in trading, banking infrastructure and financial product development with the likes of Morgan Stanley, Deutsche Bank, Bankers Trust and the American Stock Exchange. He is a named inventor on multiple U.S. financial product patents in the ETF marketplace. Since 2005, he has served as the president of Robert Tull and Company, a consulting services provider to commercial and investment banks, investment companies, stock exchanges and government regulators.