An investment firm has praised the IFP conference for giving a boost to the profile of ETFs.

Guest exhibitors described as being "at the forefront of the ETF revolution in the UK" formed a "mega stand" at the event in Celtic Manor, which ran from Monday to Wednesday this week.
Db X-trackers, the ETF business of Deutsche Asset & Wealth Management, were exhibiting alongside a host of other companies, including Twenty20 Investments.
The aim was to dispel misconceptions surrounding the active versus passive management debate.

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Allan Lane, managing partner at Twenty20 Investments, told Financial Planner Online: "Having participated in a number of events over the last couple of years, I can say with confidence that the IFP annual conference was the first one where the idea of offering investment solutions built entirely using ETFs was visible to the Financial Planning community.
"Full marks to Deutsche Bank Asset Management for sponsoring their mega stand, and in many ways they have fired the starting gun for the next phase of the use of ETFs.
"Speaking to the other ETF providers at the event, it became clear that they were very supportive of the initiative, as they felt this was a bold statement that could only help drive the industry forward."
Twenty20 ran a contest at the conference to find who could build the best performing portfolio over the last ten years comprised of just two ETFs.
The winner was Chris Jordan a Financial Planner at Heron House Financial Management. He beat off competition from 77 other contestants and his prize was an i-pad Mini.
Mr Lane said: "His winning portfolio combined ETF Securities' Gold product with db x-Trackers MSCI Mexico ETF, returning an impressive average annual return of 15.3% over the last 10 years with an average risk of 13.5%."