With Janus Henderson announcing that they are entering the European ETF market, acquiring Tabula, it marks another milestone for the growth of ETFs. Great news yes, but also a chilling reminder that the chances of success for the boutique manager with a “great product idea” is extremely slim.
Janus enters active ETF ESG space
Janus Henderson is launching five actively managed ETFs that integrate sustainable investing criteria. And State Street acquires BBH’s investor services business while Morningstar buys London based Moorgate Benchmarks.