Fund management

May 29: Dan Draper on ETFs, fee-based advice, risk and protection

Dan Draper, global head of Lyxor ETFs, on growth in the exchange traded fund sector. He says the key feature, post credit crunch, for retail investors is trust. He explains that although Lyxor's products use a synthetic method, they are collateralised. Counterparty risk is limited under Ucits rules to 10 per cent.