Interest In Gold Is Growing Among Generalist Investors – Inside ETF CEO
(Kitco News) - Although the gold market has struggled to attract the attention of general investors, the precious metal might not be as unloved as one would think.
John Swolf, CEO of Inside ETFs, said a touch of gold has been added to this year's Inside ETF Canada conference in Montreal, June 18 and 19. Speakers at this year's event include gold sector heavyweight, George Milling-Stanley, head of gold investment at State Street Global Advisors and Adam Perklay manager of investment research at the World Gold Council.
"We have heard from industry professionals that their clients are looking for safe-haven assets and are starting to ask more questions about gold and hopefully through this conference, we will be able to answer them," Swolf said in an interview with Kitco News. "It's been a long bull market and I think investors are looking for more diversification."
However, it's not just new focus on the precious metal that makes the Montreal conference unique, Swolf said that he is excited to be coming back to Canada as the nation is a leader in the exchange-traded fund industry since; he noted that Canada was the first country to have a listed ETF product.
"Canada is constantly pushing the envelope when it to the development of ETFs. It's always exciting to see what is happening in Canada because they are leading the way. You get a sense of what products could be next."
One area, Swolf said Canada is leading the way is through the development of nontransparent actively managed ETFs. Fund managers can actively manage their ETF products without having rivals try to replicate their portfolios or having to worry about being front-run by high-frequency traders.
However, gold is just a one topic within a growing ETF market and Swolf said that it is the company's goal to inform investors about the different options they have to build a robust investment portfolio. He explained that knowledge is a critical component of the conference.
"Knowledge is power and the more information you have, more confident you will be in making the right changes to your portfolio," he said. "There has been a lot of progress made when it comes to informing investors about ETF products, but there is always more that can be done."
Along with the gold content are a lot of heavy-weight speakers at this year's conference, including Jeffrey Sherman, deputy chief investment officer at DoubleLine Capital.
"Any times you can hear from Jeffrey Sherman and what DoubleLine is doing is amazing. They have a lot of market insight," said Swolf. "He gives you real market insight."
Swolf added that the panel discussion he is most looking forward to is a talk about the future of wealth distribution in Canada.
"This panel features a list of fantastic speakers and looks at where we are going and how investors can plan for the future."