Hello World!
I figured I'd introduce myself to you all before starting to publish here. Content is going to be Index & ETF focused, split between fund reviews, head to heads and some industry stuff.
The fund stuff is going to be more about how funds go about delivering their strategies. Basically, do the contents of the tin match the labeling? Because I’ve been mostly in middle office-type roles during my career and have not been any kind of talking head, below is a bio that spells out just what I’ve been doing for the past three decades and why I may be someone worth a follow.
See you all soon and let me know about any questions!
Mark Abssy founded All You Can ETF LLC in 2019, after 24 years in the financial services industry. Current clients include Tematica Research, where he is a partner and the Head of Indexing focused on index and ETP development. He has been in the financial services industry since 1995, starting in the back office at State Street Bank and quickly moving to middle office roles as a portfolio analyst and product manager at firms like Loomis Sayles & Co., Fidelity Investments, and Independence Investments. As the product manager for closed-end funds at Morgan Stanley, he supported over 40 listed funds across three brands working with portfolio management teams, providing guidance and messaging for sales & marketing, and managing relationships with specialist firms and listing venues. He worked with origination teams and participated in national roadshows to bring to market $3.2 billion AUM of closed-end funds during his tenure. Since 2008 Mark has been on the capital markets side of the industry at the International Securities Exchange (ISE) and the NYSE / ICE (Global Index Group) before starting All You Can ETF. He has product development and management experience with ETFs, ETNs, closed-end funds, mutual funds, and listed derivatives. He has been directly involved in the development of a number of innovative investment products across multiple issuers. In addition to his work with existing clients, Mark initially developed indices that are tracked by multiple ETFs across a wide range of sectors, including the following:
· First Trust Global Wind Energy ETF (FAN)
· First Trust Cloud Computing ETF (SKYY)
· Amplify High-Income Index ETF (YYY)
· Amplify Cybersecurity ETF (HACK)
· Amplify Mobile Payments ETF (IPAY)
· Amplify Video Game Tech ETF (GAMR)
· L&G Cyber Security UCITS ETF (LSE:ISPY)
· Range Cancer Therapeutics ETF (CNCR)
· UBS: ETRACS Natural Gas Futures Contango ETN (GASZ) [Redeemed 1/14/2014]
· UBS: ETRACS Oil Futures Contango ETN (OILZ) [Redeemed 1/14/2014]
· Purefunds ISE Big Data ETF (BIGD) [closed 7/24/2017]
· Amplify Pure Junior Gold Miners ETF (JGLD) [closed 10/3/2022]
During his tenure at the ISE Mark was a key member of ISE ETF Ventures. This group provided financial support for the ETF sponsor clients of white-label issuers. In this role, he was responsible for evaluating prospective funds from an operating cost and overall P&L perspective in order to help determine the fund’s suitability as an investment.
Mark has been quoted, interviewed, and a contributor to numerous publications over the years, including Nasdaq, RealMoney.com, ETF.com, The Journal of Indexes, Bloomberg, Schaeffer’s Sentiment, John Lothian News, Swiss Derivatives Review, and TheStreet.com. He has acted as an expert witness in a recent case related to ETFs. He has also guest lectured at the Rutgers Graduate School of Business Indexing & ETFs course and has guest lectured and worked with the Suliman S. Olayan School of Business at the University of Beirut, facilitating educational meetings with student groups visiting NYC.
Since the beginning of his career, he has held product development and management positions at NYSE|ICE, ISE ETF Ventures, Morgan Stanley, Fidelity Investments, and Loomis Sayles. He received a BSBA from Northeastern University with a focus in Finance and International Business.