Archive for March 2014

Amundi unveils global luxury ETF

Mar 31st, 2014 | By
Amundi unveils global luxury ETF

Amundi, a Paris-based provider of exchange-traded funds, has unveiled the Amundi ETF S&P Global Luxury UCITS ETF (GLUX) offering investors targeted exposure to the global luxury theme. The fund, which has been listed on both the NYSE Euronext Paris and London Stock Exchange, is linked to the S&P Global Luxury Index, an index comprising 80 of the largest publicly traded companies engaged in the production or distribution of luxury goods or the provision of luxury services that meet specific investibility requirements.



Source introduces Russell Europe SMID 300 ETF

Mar 31st, 2014 | By
Source unveils Russell Europe SMID 300 ETF

Source, a leading provider of exchange-traded funds, has announced the launch of the Source Russell Europe SMID 300 UCITS ETF (SMLM). The Deutsche Börse-listed ETF provides exposure to the Russell Europe SMID 300 Index, a highly tradable representation of small- and mid-cap equities in developed European markets. Ron Bundy, CEO of Russell Indexes, said: “The Russell Europe SMID 300 Index has been designed with considerable input from the trading community. Its innovative construction ensures ease of use in the trading environment, which translates to lower costs and swifter execution for investors.”



Swiss & Global rolls out actively managed equity ETFs on Six Swiss Exchange

Mar 31st, 2014 | By
Swiss & Global rolls out actively managed equity ETFs on Six Swiss Exchange

Swiss & Global Asset Management has broadened access to its range of actively managed “Julius Baer Smart Equity” exchange-traded funds with the roll-out of the funds on the SIX Swiss Exchange. The funds were first listed on the Deutsche Börse in June 2012. Michele Porro, Head of Distribution Swiss & Global Asset Management, said: “Swiss & Global stands for active management. These new products capitalise on our proven twenty-year track record in systematic stock picking and combine this expertise with the advantages of exchange-traded products.”



SIX Swiss Exchange welcomes active ETFs

Mar 31st, 2014 | By
1,000th ETF listed on SIX Swiss Exchange

SIX Swiss Exchange has welcomed its first actively managed exchange-traded funds (ETFs). The launch of a range of active products from Swiss & Global Asset Management means that both active and passive ETFs are now available on the exchange. Stephan Meier, spokesperson for SIX Swiss Exchange, said: “We are delighted to launch actively managed ETFs on SIX Swiss Exchange…Combining the liquidity and tradability of ETFs with the potential strengths of active management, actively-managed ETFs meet a clear demand for investors.”



DeAWM offers access to global bond market via single ETF

Mar 30th, 2014 | By
DeAWM offers access to global bond market via single ETF

Deutsche Asset & Wealth Management (DeAWM), the investment management division of Deutsche Bank, has launched an exchange-traded fund enabling investors to gain exposure the global bond market via a single ETF. Listed on the Deutsche Börse, the db x-trackers II Barclays Global Aggregate Bond Index UCITS ETF is the first ever ETF to be linked to the Barclays Global Aggregate Bond Index, an index tracking the performance of more than 15,000 securities and encapsulating the world’s investment grade fixed income market.



SSgA launches low volatility Euro Stoxx ETF

Mar 30th, 2014 | By
SSgA launches low volatility Euro Stoxx ETF

State Street Global Advisors (SSgA) has expanded its line-up of low volatility exchange-traded funds with the launch of the SPDR Euro Stoxx Low Volatility UCITS ETF (ZPRL) on the Deutsche Börse. The new ETF tracks the Euro Stoxx Low Risk Weighted 100 Index, an alternatively weighted index derived from the broad market Euro Stoxx Index of Eurozone stocks. Alexis Marinof, head of SPDR ETFs EMEA at SSgA, commented: “This simple low volatility weighting method has resonated well with asset managers and has proven to be an effective way of limiting downside losses.”



Ossiam develops smart beta strategy for corporate bonds

Mar 20th, 2014 | By
Ossiam lists European high-div low-vol ETF on Xetra

Ossiam, a European provider of exchange-traded funds (ETFs), has developed a smart beta strategy for investing in corporate bonds. The strategy, which incorporates Moody’s Analytics EDF (Expected Default Frequency) credit measures, will be the first risk-based credit strategy specifically designed to provide systematic long-only exposure to a liquid portfolio of investment-grade corporate bonds. In a statement, the Paris-headquartered firm said that strategy would be easily replicable with intraday liquidity, thus making it suitable for replication via an ETF.



First Trust partners with Richard Bernstein on “Industrial Renaissance” and “Quality Income” ETFs

Mar 20th, 2014 | By
First Trust partners with Richard Bernstein on “Industrial Renaissance” and “Quality Income” ETFs

First Trust has teamed up with Richard Bernstein Advisors (RBA) to unveil two new exchange-traded funds on the Nasdaq Stock Market: the First Trust RBA American Industrial Renaissance ETF (AIRR) and the First Trust RBA Quality Income ETF (QINC). “These two ETFs seek to address investors’ needs for income and theme-based investing. RBA has long been a proponent of the American industrial renaissance theme and we think we understand it better than most,” said Bernstein, RBA’s Chief Executive and Chief Investment Officer.



Solactive introduces European stock buyback index

Mar 20th, 2014 | By
Europe-listed ETF assets at $556bn in November, reports ETFGI

Solactive, a Frankfurt-based provider of financial market indices, has announced the launch of the Solactive European Buyback Index, an index tracking the share prices of companies which have recently announced stock buybacks. The index has been designed to act as an underlying for index-linked investment products such as exchange-traded funds (ETFs).



Chinese equity ETFs could perform in near term, says iShares chief investment strategist

Mar 19th, 2014 | By
Stephen Cohen, head of fixed income beta at BlackRock

Disappointing Chinese economic data could lead the authorities to take measures to boost growth much sooner than anticipated, creating a potential window for Chinese equity ETFs to rally in the short term. That’s the view of Stephen Cohen, Chief Investment Strategist (EMEA) at iShares, the world’s largest provider of exchange-traded funds (ETFs). “There could soon be an opportunity for Chinese equities to perform in the near-term on the prospect of possible policy action”, said Cohen.