This week, we speak with ETF industry pioneer Dave Nadig, who currently serves as financial futurist at the data and analytics firm VettaFi. Nadig, who has more than 25 years of experience in the field — including as managing editor at ETF.com — co-authored a definitive book on ETFs, “A Comprehensive Guide To Exchange-Traded Funds,” for the CFA Institute.
Nadig explains how his firm sits between financial advisors, asset managers, and investors, providing them with data, intelligence, and insights as to current trends and preferences.
We discuss how the ETF industry has evolved over time, with passive indexes as the core. The current trend has been toward active ETFs, which are only a small percentage of total assets but a much larger share of revenues. He also explains how the golden age of the conference industry was in the post-GFC era, and now must evolve to stay relevant.
You can stream and download our full conversation, including the podcast extras on iTunes, Spotify, Stitcher, Google, YouTube, and Bloomberg. All of our earlier podcasts on your favorite pod hosts can be found here.
Be sure to check out our Masters in Business next week with Marcus Shaw CEO of AltFinance, which seeks to increase diversity across alternative asset management. The firm was co-founded by Apollo, Ares and Oaktree with a $90 Million seed funding of initiatives to recruit students at Historically Black Colleges and Universities.
Dave Nadig’s authored book:
A Comprehensive Guide to Exchange-Traded Funds (ETFs) by Joanne M. Hill, Dave Nadig, Matt Hougan, Deborah Fuhr
Dave Nadig’s favorite books
The Matter With Things: Our Brains, Our Delusions, and the Unmaking of the World by Iain McGilchrist
How to Read a Book: The Classic Guide to Intelligent Reading by Mortimer J. Adler, Charles Van Doren
Transmetropolitan Book One by Warren Ellis, Darick Robertson
Right Stuff by Tom Wolfe
Books Barry Mentioned
Moneyball: The Art of Winning an Unfair Game by Michael Lewis