The changing economics of ETFs

New entry pathways are lowering the barriers to launching ETFs, but access is not the same as advantage. We reframe ETF growth as a franchise decision, exploring the distribution, economics, and governance choices that determine whether scale truly pays off.
 

In focus

State Street in Switzerland

Since opening our Zurich office in 1998, State Street has built a strong presence in Switzerland, expanding our services to meet the evolving needs of our clients. We obtained our local banking license in 2000 and have provided depositary services for investment companies in Switzerland since 2007. In 2014, we secured our Representative & Paying Agent license, further enhancing our capabilities. We serve a diverse range of local clients, including official institutions, pension funds, investment foundations, fund management companies and asset managers. Many of our Swiss clients are part of State Street’s global network, allowing us to deliver an integrated solution with local expertise, insights and support.

Our capabilities

Our latest thinking

Inclusion and diversity