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Steve Cohen-backed Etf Platform Is About To Break New Ground

by fa-mag.com posted 8months ago 65 views
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. And he has a high-profile backer: the venture-capital arm of Steve Cohen’s Point72 Asset Management LP.

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