ETF Express Newsletter 30.05.25

Celebrating the winners in the 2025 Canadian ETF awards

The Canadian ETF industry is enjoying steady growth with assets reaching CAD593.5 billion at end April 2025, up from CAD400 billion last year, from 45 issuers with the number of funds increasing to 1295, up by 151 over one year.
The Canadian ETF industry proudly claims the invention of the ETF, in 1990 with the launch by the Toronto Stock Exchange of the Toronto 35 Index Participation Units (TIPs 35).
The Canadian ETF industry has enjoyed a number of firsts, from that first launch in 1990, to being the first to launch a psychedelic ETF, the first crypto-asset ETFs and the world’s first covered-call ETFs.
Many congratulations to all our winners, celebrated in the 2025 ETF Express ETF awards event hosted by the Toronto Stock Exchange on Thursday, 29th May.
Today, we bring you the list of winners who attended and the special report with all the winners will be published in a couple of weeks’ time.
Meanwhile, we are also still celebrating our European awards winners, this week focusing on Invesco with Gary Buxton explaining what lies behind their many wins in this year’s European awards.
Our interview this week was with Arnaud Claudon, Head of Asset Managers and Asset Owners Client Lines, Securities Services, BNP Paribas, who says: "Typically, we decided 10 years ago to step up our investments in the servicing of ETFs. Historically, we are a European asset servicer and the majority of our asset management clients are continental European local champions with domestic ranges of funds and also offshore funds plus institutional mandates but they are all primarily conviction based active managers.
"They weren’t involved in ETFs but looking at the ETF industry in the US as a trend but of course unwilling to get into that space because it’s a volume business.
"Recently that has changed and most of my client are contemplating whether or not they should add an ETF wrapper to their portfolios. The ETF product structure is one that is important to reach certain demographics of investors, particularly younger investors who are higher users of more digital financial platforms and if you don’t bring to them products they are interested in they go elsewhere."
The In My Opinion column this week comes from Mike Delano, Asset and Wealth Management Leader at PwC Luxembourg, who asks, ‘can Luxembourg ride the active ETF wave?’
He writes: "Luxembourg, the world’s largest fund centre after the United States, is strategically positioning itself to capitalise on the burgeoning active ETF trend, correctly identifying the appeal of such funds for retail and institutional investors alike."
I will be chairing some of the ETF panels at IMPower Fund Forum in June. For a 10 per cent discount to attend, use this link and code: FKN3972ETFX. I hope to see you there.

Beverly Chandler, Managing Editor
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