Lyxor ETF's Laird: Bond ETFs are more, not less liquid than some of their underlying investments

Adam Laird, head of ETF strategy for Northern Europe at Lyxor ETF, discusses liquidity concerns within fixed income ETFs.

Partner insight Many investors have questioned liquidity levels within the bond universe as well as bond ETFs recently. As many bonds do not trade often, there is a fear that if investors run for the door, markets could freeze which could mean bonds funds are suspended as well as ETFs. However, Adam Laird, head of ETF strategy for Northern Europe at Lyxor ETF argues that ETFs have not seen the liquidity problems in Europe that have hit other types of investments, such as some property vehicles in the aftermath of the 2016 Brexit vote.  "ETFs are often more liquid than the underl...