The Derivative

China Tech, Carbon, and Option Overlays in ETFs? Yep, with James Maund of KraneShares


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Today’s episode on The Derivative,  Jeff Malec sits

down with James Maund, a veteran of the financial industry with experience spanning Goldman Sachs, the NYSE floor, and his current role at KraneShares. Maund provides a unique insider's perspective on the rapid growth and innovation within the ETF space while outlining KraneShares main investment pillars – China Tech, Carbon emissions/cap-and-trade, and options-based overlay strategies designed to generate income and downside protection. Maund shares his views on the challenges and opportunities facing both established ETF providers and new entrants, as well as the importance of education and alignment with investor expectations. The conversation delves into the role of market makers, the impact of regulatory changes, and the potential risks and benefits of increased options and derivatives usage in the ETF industry. Maund also offers a glimpse into KraneShares' plans for the future, highlighting areas of focus such as alternative investments and the continued growth of the carbon markets. Whether you're an ETF enthusiast or simply interested in the evolving landscape of investment products, this episode provides a comprehensive and insightful look at the dynamic world of exchange-traded funds.

Chapters:

00:00-02:02=Intro

2:03-9:15= Loyalties to the East coast, Goldman Sachs and the NY Stock exchange

9:16-20:38= KWEB – The China Tech ETF, Carbon Emissions and downside protection

20:39-34:53= The Pillars of Krane Shares: Liquid futures,

writing calls and important tickers

34:54-48:34= The Evolution of the ETF, ETF options, starting an ETF and the challenges that come with it

48:35-58:02= Further developments, Unique ETFs and new ETF restrictions

From the episode:

The Derivative podcast episode with Nancy Davis

Follow along with James on LinkedIn and visit KraneShares.com for more information.


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