Archive for February 2014

Boost lists new short and leveraged ETPs on Borsa Italiana

Feb 28th, 2014 | By
Lyxor rolls out three fixed income ETFs on Borsa Italiana

Boost, a specialist provider of short and leveraged exchange-traded products (ETP), has listed a further six ETPs on Borsa Italiana. The new listings take the total number of Boost products on the Milan-based exchange to 20. The new products are linked to the Nasdaq 100, Russell 1000, Nasdaq Commodity Silver and Nasdaq Commodity Natural Gas indices, and provide a mix of double and triple long and short exposures.



SSgA SPDR introduces short-term TIPS ETF

Feb 28th, 2014 | By
SSgA introduces short-term TIPS ETF on NYSE Arca

State Street Global Advisors (SSgA) has enhanced its fixed income product suite with the launch of the SPDR Barclays 0-5 Year TIPS ETF (SIPE) on the NYSE Arca. The fund, which is linked to the Barclays 0-5 Year US Government Inflation-linked Bond Index, offers investors a potential opportunity to protect their portfolios from inflation and diversify their fixed income allocations to prepare for rising interest rates.



iShares expands actively managed factor ETF offering

Feb 28th, 2014 | By
iShares expands actively managed factor ETF offering

iShares, the exchange-traded funds business of BlackRock, has expanded its factor ETF line-up with the launch of two “enhanced” international equity ETFs on the NYSE Arca. The iShares Enhanced International Large-Cap ETF (IEIL) and iShares Enhanced International Small-Cap ETF (IEIS) seek to provide competitive risk-adjusted returns compared to broad international large-cap or small-cap indices, respectively. Rather than tracking an index, the new ETFs are actively managed using BlackRock research.



WisdomTree’s European small-cap dividend ETF surpasses $1 billion in assets

Feb 28th, 2014 | By
WisdomTree’s ETF model portfolios now available through Envestnet Wealth Management platform

WisdomTree, an exchange-traded fund sponsor and asset manager, has announced the WisdomTree Europe SmallCap Dividend Fund (DFE) recently surpassed $1 billion in assets. The NYSE Arca-listed ETF, which made its debut in June 2006, is designed to provide exposure to the small-capitalization segment of the European dividend-paying market. Assets under management in the fund have benefited from positive flows and strong market performance.



S&P Dow Jones launches equal weight version of S&P Europe 350

Feb 28th, 2014 | By
Europe-listed ETF assets at $556bn in November, reports ETFGI

S&P Dow Jones Indices has announced the launch of the S&P Europe 350 Equal Weight Index (EWI) an equal weighted version of the widely followed S&P Europe 350. By attributing the same weight to each constituent, the index provides a more diversified exposure, avoiding both the dominance of a small group of large-cap stocks in the index and the trend following bias of market-cap indices. The index has the potential to serve as an underlying reference for index-linked products such as exchange-traded funds (ETFs).



European ETF industry staging comeback, says Cerulli

Feb 27th, 2014 | By
European equity ETFs stage strong start to 2017

An evolving distribution landscape and an increasingly cost-conscious investor base could revive the fortunes of the European exchange-traded funds industry following a dramatic fall in growth in 2013, according to a report from Cerulli Associates, a research firm specializing in the financial services industry. Last year, net new flows to European ETFs slumped 25% to €13.8 billion, down from the €19 billion seen in 2012. It was a far cry from the heady days of 2008 when inflows hit more than €52 billion.



PowerShares International BuyBack Achievers ETF goes live on Nasdaq

Feb 27th, 2014 | By
Nasdaq hosts 13 new ETF listings in Q2 2017

The PowerShares International BuyBack Achievers Portfolio (IPKW) has gone live on Nasdaq. This latest exchange-traded fund (ETF) from Invesco PowerShares provides investors with efficient access to a portfolio of international companies classified as “BuyBack Achievers”. BuyBack Achievers are companies that have effected a net reduction of 5% or more of their outstanding shares in their most recent fiscal year, and have met additional criteria in accordance with the guidelines and mandated procedures of the Nasdaq OMX Group, the underlying index provider.



ETF dedicated to LGBT equality and inclusion lists on NYSE

Feb 27th, 2014 | By
ETF dedicated to LGBT equality and inclusion lists on NYSE

An exchange-traded fund (ETF) designed to offer access to corporations doing business in the United States with progressive workplace policies has debuted on the NYSE Arca. The Workplace Equality Portfolio (EQLT), which is sponsored by fund distributor ALPS, is linked to the Workplace Equality Index, an index composed of stocks of companies that treat lesbian, gay, bisexual and transgender (LGBT) individuals equally and respectfully among all employees.



DeAWM offers interest rate hedged access to popular fixed income ETFs

Feb 26th, 2014 | By
DeAWM expands physical ETF offering

Deutsche Asset & Wealth Management (DeAWM) has launched a range of interest rate hedged fixed income ETF share classes. The range includes a rates hedged version of its highly successful ETF providing exposure to higher yielding Eurozone sovereign debt, which generated significant inflows in 2013. The new share classes, which have been listed on the Deutsche Börse, are designed for investors who wish to maintain full credit exposure to underlying bond markets while hedging the interest rate risk.



Assets under management surge at Boost ETP

Feb 25th, 2014 | By
Assets under management surge at Boost ETP

Assets under management at Boost ETP, Europe’s only issuer of exchange-traded products dedicated to short and leveraged exposures, have surged to $75 million, equivalent to a notional leveraged-adjusted value of $209 million. Consistent with rising AUM has been a significant increase in on-exchange traded volumes, with traded volumes of the firm’s products on the London Stock Exchange and Borsa Italiana recently averaging around $10 million per day.