FYI: Jim Ross, who earned the tag, “godfather of ETFs,” for pioneering the exchange traded fund business, will retire from State Street Global Advisors at the end of March 2020 after almost three decades, according to a recent announcement.
Ross, who joined State Street in 1992, chairs the global SPDR Standard & Poor's depositary receipt). He was instrumental in creating, developing and bringing to market many of the world’s first ETFs. The product grew from inception in 1993 when SPY was launched on the American Stock Exchange to an industry that today stands at almost $6 trillion worldwide and is still one of the fastest -growing investment products in the market.
Regards,
Ted
https://www.fa-mag.com/news/state-street-s--godfather-of-etfs--to-retire-in-march-52898.html?print
