Jason Xavier, head of EMEA ETF Capital Markets at Franklin Templeton Investments, has said independent financial advisers (IFAs) and retail clients are the final parts of the value chain who still need educating on the nuances of ETFs.
Speaking to Investment Week, Xavier (pictured) said the biggest education issues were around the role of authorised participants (APs) and fears of a lack of liquidity.
As such, he said MiFID II was…