We have entered an era of machines with imagination and perception. Those of us in financial services are witnessing first-hand how artificial intelligence, new technologies and digital solutions are transforming our industry.

The EURO STOXX 50® Index turns 20 this week, a period marked by financial crises and recoveries, a deeper economic union of the region, and the transformation of markets.

Last year, net inflows into so-called smart beta exchange-traded funds (ETFs) and products (ETPs) worldwide rose 33.2% from $54 billion in 2016 to $72 billion, according to ETFGI.