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Market Extra: Private equity may be up next for ETF innovation as State Street celebrates SPY

Private equity may be the next frontier for the exchange-traded-fund industry, thirty years after the first U.S.-listed ETF was launched, according to Sue Thompson, head of Americas distribution for SPDR ETFs at State Street Global Advisors.

During a discussion panel Tuesday evening celebrating the 30th anniversary of the “SPY” ETF at the Mandarin Oriental hotel in New York, Thompson said that she’d like to see the democratization of private equity in the ETF market. The panel considered what future innovation may be in store…

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