Westwood Holdings CEO Brian Casey on Y'all Street and an ETF tracking the AI power ecosystem
Brian Casey, CEO of Dallas-based asset manager Westwood Holdings, has had a front-row seat for the booming Y'all Street and the Texas financial services sector.
TL;DR
- Dallas is becoming a significant financial services center, earning the nickname "Y'all Street."
- The Texas Stock Exchange (TXSE) has launched, attracting companies like Energy Transfer, Sunoco, and Dillard's to shift their listings.
- Texas's business-friendly policies, including business courts and the business judgment rule, are drawing companies seeking alternatives to Delaware.
- Brian Casey, CEO of Westwood Holdings, is "very bullish" on the TXSE and the growth of the financial sector in Dallas.
- Westwood Holdings has launched an ETF focused on the energy ecosystem required to power AI, citing a "10-year build out" for this infrastructure.
- The demand for AI compute power necessitates significant investment in power generation, grid infrastructure, and skilled labor.