Growing AN ETF Subadvisor Biz

Vident Investment Advisory (VIA), a unit of Vident Financial, is a prolific subadvisor in the ETF industry today, running 40 funds—including Vident ETFs—with about $5.5 billion in combined assets. The firm, previously helmed by the late Denise Krisko, has now enlisted Amrita Nandakumar to lead it forward.

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The Funds' investment adviser is Vident Advisory, LLC. The Funds' sub-adviser is Vident Investment Advisory (VIA). Vident Financial owns the indexes that underlie the Funds. The Vident Funds are distributed by ALPS Distributors, LLC. ALPS is not affiliated with Vident Financial, Vident Advisory or VIA.