Steve Cohen-Backed ETF Platform Is About to Break New Ground
- European white-label issuer HANetf to list first fund Friday
- Co-founder McNeil has disrupted passive market for 20 years
This article is for subscribers only.
From helping to bring gold investing to the masses to devising ETFs for short-selling hedge funds, Hector McNeil has been at the vanguard of the passive revolution for the past 20 years.
Now, the 50-year old Yorkshireman is taking on the likes of BlackRock Inc. to shake up the industry in Europe. McNeil wants to fast-track the creation of passive products for wannabe issuers lacking in-house expertise or the stomach for execution risk through his firm HANetf, a white-label provider.