For years, a negative interest rate environment has dominated even the Swiss market. And the challenges facing the market will continue to grow in the future. If the major central banks continue to withdraw support after more than a decade of providing it, this can result in increased volatility on the interest and credit markets.

There are a lot of misconceptions about the ETF industry and what it represents. It is true that exchange traded funds (ETFs) have completely revolutionized the asset management industry. But exactly how they have done so is not always clearly understood. What is clear, though, is that ETFs have already changed the way we invest.