Excess Returns · Saturday, July 25, 2026
Wes Gray emphasizes the critical importance of having a low-cost and efficient infrastructure for ETF providers to survive in the current market. He notes that without this capability, firms risk offering products at too high a price point to remain competitive.
“And and, you know, what we're seeing now is, is, is, you know, you've got a lot of like, uh, you know, interest rate hikes, you've got inflation, you've got, you know, a lot of geopolitical risks, and you've got, you know, a lot of like, uh, you know, market concentration, which is obviously, you know, a huge, a huge thing.”
“And, and, you know, what we're seeing now is, is, is, you know, you've got a lot of like, uh, you know, interest rate hikes, you've got inflation, you've got, you know, a lot of geopolitical risks, and you've got, you know, a lot of like, uh, you know, market concentration, which is obviously, you know, a huge, a huge thing.”
“And, and, you know, what we're seeing now is, is, is, you know, you've got a lot of like, uh, you know, interest rate hikes, you've got inflation, you've got, you know, a lot of geopolitical risks, and you've got, you know, a lot of like, uh, you know, market concentration, which is obviously, you know, a huge, a huge thing.”