Archive for December 2012
Dec 19th, 2012 |
By Simon Smith, CFA
Declining bond yields have created the potential for a ‘bond bubble’ under which rising interest rates could result in significant losses for fixed income investors, according to Fitch Ratings. So how should investors handle this? One option is to get out of bonds altogether. But, considering the diversification role bonds play and the income they offer, this is not entirely sensible or indeed practicable. A more moderate response would be to focus on shorter-duration bonds, which are less sensitive to interest rate rises.
Posted in Fixed Income |
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Tags: Barclays, Direxion, DWS Xtrackers, ETF Industry News, Europe, Fixed Income, High Income, iShares, Leveraged and Inverse ETFs, Markit, Pimco, ProShares, Source, SSGA SPDR, Themes and Strategy, United Kingdom, United States and Canada, Vanguard
Dec 19th, 2012 |
By Simon Smith, CFA
ETF Securities, one of the world’s leading providers of Exchange-Traded Commodities (ETCs), has seen its global assets under management appreciate by more than 22% between January and November 2012 to reach $30.2 billion. Net new inflows accounted for half of the $5.5 billion increase, driven by resilient investor demand for commodity exposure and an active product development programme involving 52 new ETP launches and some 70 ETC cross-listings on various exchanges around the world.
Posted in Commodities |
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Tags: Alternatives, Commodities, ETF Industry News, ETF Securities, Europe, Gold and Precious Metals, Source
Dec 19th, 2012 |
By Simon Smith, CFA
MSCI, a leading provider of financial market indices, has introduced the MSCI Quality Indices, a series of smart beta equity indices designed to reflect the performance of a quality growth strategy. The alternatively-weighted indices identify quality growth companies as represented by high returns on equity, stable earnings that are uncorrelated with the broad business cycle, and strong balance sheets with low financial leverage.
Posted in ETF and Index News |
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Tags: Equities, ETF and Index News, ETF Industry News, FTSE, Global, Invesco, iShares, MSCI, Russell Indexes, S&P Dow Jones, STOXX
Dec 18th, 2012 |
By Simon Smith, CFA
AdvisorShares, a US-based sponsor of exchange-traded funds (ETF), has announced the launch of the AdvisorShares Pring Turner Business Cycle ETF (DBIZ), an actively managed ETF that seeks long-term growth and capital appreciation across all economic and market cycles through the application of fundamental, technical and business cycle analysis.
Posted in Alternatives / Multi-Asset |
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Tags: AdvisorShares, Commodities, Equities, ETF Industry News, ETF Launch, Fixed Income, United States and Canada
Dec 17th, 2012 |
By Simon Smith, CFA
Stoxx has introduced the Stoxx Global 1800 EM Exposed Index, a new index that represents those companies within the Stoxx Global 1800 Index that derive a substantial part of their revenues from emerging market countries. Designed to act both as a proper benchmark for actively managed funds and as an underlying to exchange-traded funds (ETFs) and other investable products, the index combines the benefits of higher growth rates associated with emerging markets with the superior liquidity, transparency, and lower trading costs of development markets.
Posted in ETF and Index News |
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Tags: Emerging and Frontier, Equities, ETF and Index News, Russell Indexes, STOXX
Dec 17th, 2012 |
By Simon Smith, CFA
Boost, Europe’s newest exchange-traded product (ETP) provider, has begun to roll out an initial line-up of ETPs on the London Stock Exchange. The first batch of products provide triple-leveraged long and short exposure to key European, UK, German and US equity markets. Aimed at sophisticated and experienced investors, leveraged long and short ETPs provide instant leverage to underlying markets in one single trade, making it possible to accentuate and exploit opportunities in sideways-trending markets.
Posted in Alternatives / Multi-Asset |
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Tags: Amundi, Boost ETP, ComStage, DAXglobal, DWS Xtrackers, Equities, ETF Industry News, ETF Launch, ETF Securities, ETNs and ETCs, Europe, FTSE, Leveraged and Inverse ETFs, Lyxor, Nasdaq OMX Indexes, Russell Indexes, STOXX, United Kingdom, United States and Canada
Dec 17th, 2012 |
By Simon Smith, CFA
db X-trackers, Deutsche Bank’s exchange-traded funds (ETF) platform, has listed its first direct replication ETFs tracking major equity benchmarks. The listings follow last month’s announcement that is was to launch a range of physically replicated ETFs alongside its existing swap-based line-up. The new funds, which have been launched on the London Stock Exchange, track the FTSE 100, the EURO STOXX 50 and the EURO STOXX 50 ex Financials.
Posted in Equities |
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Tags: DWS Xtrackers, Equities, ETF Industry News, ETF Launch, Europe, FTSE, STOXX, United Kingdom
Dec 17th, 2012 |
By Simon Smith, CFA
Vanguard Asset Management has launched a new educational ETF website designed to help UK financial advisers develop their knowledge of the exchange-traded fund (ETF) market ahead of December’s Retail Distribution Review (RDR) deadline. The website offers a range of interactive Continuing Professional Development (CPD) approved modules, as well as informative and useful tools to aid adviser learning.
Posted in ETF and Index News |
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Tags: ETF Industry News, United Kingdom, Vanguard
Dec 17th, 2012 |
By Simon Smith, CFA
S&P Dow Jones Indices has announced that its S&P GSCI Cash Copper Index, a commodity-based benchmark tracking the value of copper, has been licensed to Mirae Asset Global Investments to serve as the basis for an exchange-trade fund (ETF) to be listed on the Korea Exchange. The index is part of the S&P GSCI family, which is one of the most widely recognised series of commodity measures to represent the global commodity market beta.
Posted in Commodities |
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Tags: Alternatives, Asia Pacific, Commodities, DWS Xtrackers, ETF and Index News, ETF Industry News, ETF Launch, ETF Securities, S&P Dow Jones, Source
Dec 17th, 2012 |
By Simon Smith, CFA
The Market Vectors High-Yield Municipal Index ETF (HYD) has surpassed $1 billion in assets. The fund becomes the first high-yield municipal bond ETF, and one of five municipal bond ETFs overall, to pass this threshold. This milestone puts the entire Market Vectors suite of six municipal income ETFs over $2 billion in assets under management.
Posted in Fixed Income |
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Tags: Barclays, ETF Industry News, Fixed Income, High Income, High Yield, iShares, SSGA SPDR, United States and Canada, VanEck Vectors