US manager patiently awaits breakthrough for ETF offensive in Europe: "We're feeling very confident"

Six months ago, Northern Trust AM launched its first two ETFs in Europe, which now total USD 16.5m in net assets. Head of EMEA Marie Dzanis describes this as a good stage of an early launch and believes the offering will spark interest among Nordic investors, who are really taking a liking to ETFs, according to research firm ETFGI.

Marie Dzanis, head of EMEA at Northern Trust Asset Management and Deborah Fuhr, founder and managing partner at ETFGI | Photo: PR

Six months ago, Northern Trust Asset Management (NTAM) launched its first exchange-traded funds in Europe to provide investors with the low-cost products.

Under the brand FlexShares, the USD 1.2tn investment firm listed two ETFs, which combine smart beta strategies and climate metrics.

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