Group 1 - Reckoner Capital Management has appointed Richard Hoge to expand its ETF offerings, currently limited to one product [2] - The firm launched its $33 million Leveraged AAA CLO ETF (RAAA) in July, as part of a strategy to build a global credit platform [2] - CEO John Kim emphasized the importance of ETFs in making alternative assets accessible to a broader range of investors [3] Group 2 - The ETF market is experiencing significant growth, with record sales and a surge of new products, but is largely dominated by major players like BlackRock, Vanguard, and State Street [3] - Reckoner aims to differentiate its ETFs by focusing on unique strategies rather than replicating existing products, avoiding areas like private credit due to liquidity concerns [3] - Hoge's extensive experience in law and taxation is expected to contribute to innovative product development within the ETF space [4]