Episode 1: What use is made of ETFs in managed account portfolios

IMAP in conjunction with BetaShares and Lonsec present the first Podcast in the Independent Thought series . In this Podcast Lukasz de Pourbaix (Lonsec) and Peter Harper (BetaShares) discuss What use is made of ETFs in managed account portfolios and is this changing as FUM in managed accounts grows?What issues can this give rise to?How are these issues addressed?  What are the roles of the various participants in particular the issuer and market makers? What are the particular challenges of fixed interest ETFs?How can a portfolio manager efficiently switch between similar ETFs?