Recent market volatility has led to heightened regulatory scrutiny of the integrity of index data. In this episode, Wes Bricker joins Beth Savino to talk about the rise of index investing, and how asset managers can drive transparency while navigating the regulations being implemented to ensure the market functions as designed.
We discuss the following questions:
0:40 - What is the current landscape around index investing, and what strategies and challenges have emerged?
3:37 - Why are regulators becoming more interested in index investing?
6:18 - What do these new regulations mean for asset managers?
9:39 - How are we approaching issues in the index transparency space and what are the next steps?
Beth Savino serves as PwC’s US Exchange Traded Funds Leader and Index Transparency Solutions Leader. With more than 17 years of financial services industry experience, Beth has significant experience in managing complex issues and risk through a balanced approach with multiple stakeholder groups including management, boards and regulators. She serves a wide array of clients including exchange-traded funds and mutual funds as well as private equity funds, hedge funds and insurance company separate accounts.
Wes Bricker is a Vice Chair—US and Mexico Assurance Leader. He serves on PwC’s US Leadership Team and Global Assurance Leadership Team, and leads the more than 1,400 partners and 18,000 professionals that make up PwC’s Assurance practice. Wes’s responsibilities include overseeing the quality of service, developing diverse teams and driving innovation throughout the Assurance practice.
Wes brings a track record of leadership in the global capital markets and the public accounting profession. He currently serves as the Vice Chair of XBRL International’s Board of Directors. XBRL International is a global not for profit operating in the public interest to improve the accountability and transparency of business performance globally, by providing the open data exchange standard for business reporting.