Man Behind an ETF of the ETF-Industry Wants to Help Others Get in the Game
- Toroso Investments wants to become a white-label ETF issuer
- Firm hires Direxion’s Falkeis to run rebranded consulting unit
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The man behind a very meta ETF is doubling down on exchange-traded funds.
Michael Venuto, chief investment officer of Toroso Investments -- a New York-based consultant, asset allocator and sub-adviser, as well as the index provider for the ETF Industry Exposure & Financial Services fund -- now wants to become an issuer.