Latest news

VanEck launches ‘fallen angel’ and high-yield EM corporate bond ETFs on LSE

Mar 23rd, 2018 | By
VanEck launches 'fallen angel' and high-yield EM corporate bond ETFs on LSE

VanEck has launched a pair of high-yield corporate bond ETFs on the London Stock Exchange. The funds provide exposure to global ‘fallen angels’ and emerging market debt, and become the issuer’s seventh and eighth ETFs to be listed on the exchange. They are linked to indices provided by ICE Data Indices, the indexing division of exchange operator Intercontinental Exchange.

A look ahead: The ETF industry’s next 25 years

Mar 23rd, 2018 | By
James E. Ross, chairman of the global SPDR business.

By James E. Ross, chairman of the global SPDR business.

We recently marked the twenty-fifth anniversary of the first US-listed ETF: the SPDR S&P 500 ETF (SPY US). Let’s look ahead to what we think the next 25 years will bring for the ETF industry.

Lyxor launches new ‘Core’ ETF range, with fees as low as 4bps

Mar 21st, 2018 | By
Lyxor launches new ‘Core’ ETF range, with fees as low as 4bps

Lyxor has launched a new range of ‘Core’ ETFs with total expense ratios starting from just 4 basis points. The range is composed of 16 ETFs covering the major equity markets as well as gilts and TIPS on the fixed income side. Four new ETFs have been launched to complement 12 existing, re-badged ETFs whose fees have been cut. Arnaud Llinas, head of ETFs and indexing at Lyxor, said, “Investors tell us they want simple, high quality ETFs at low costs. We’ve launched our Core range to achieve precisely that.”

Active managers take a beating

Mar 20th, 2018 | By
Active managers struggling to beat their benchmarks, finds S&P DJI

Active equity managers in Europe have taken a beating in the past decade, overwhelmingly failing to outperform their benchmark indices over the last ten years, according to the latest S&P Indices Versus Active (SPIVA) Scorecard. The results support the ongoing argument that passive funds, such as index-tracking ETFs, pack a better punch than their actively managed counterparts.

ETF issuers comment on UK inflation data

Mar 20th, 2018 | By
Consumer Price Index CPI Inflation

Inflation in the UK fell more than expected during February, according to latest figures from the Office for National Statistics (ONS), providing some relief for hard-pressed consumers. Representatives from ETF issuers offered their take on what the results mean for UK monetary policy.

Barron’s 400 ETF increases large-cap exposure

Mar 20th, 2018 | By
Carlos Diez, CEO and founder of MarketGrader

The Barron’s 400 ETF (NYSE US) has increased its allocation to large-caps following the latest review of the Barron’s 400 Index. Co-created by US financial journal Barron’s, and equity indexing firm MarketGrader, the index tracks 400 US companies with strong financial statements and attractive share prices. Carlos Diez, CEO and founder of MarketGrader, said the index’s methodology “is compelling in a market environment where price gains can be expected to result from healthy earnings growth driven by an expanding economy.”

Global X Funds’ uranium ETF to adopt new index

Mar 19th, 2018 | By
Uranium mining ETFs poised for re-rating

New York-based ETF provider Global X Funds has announced that the Global X Uranium ETF (URA US) will transition to a new index, the Solactive Global Uranium & Nuclear Components Total Return Index. The new index is designed to reduce the fund’s exposure to smaller capitalisation stocks compared to its current index.

LGIM completes acquisition of ETF Securities’ European ETF platform

Mar 19th, 2018 | By
Mark Zinkula, CEO of Legal & General Investment Management

Legal & General Investment Management has completed its acquisition of Canvas, the European ETF platform formerly owned by ETF Securities. Mark Zinkula, LGIM CEO, said, “LGIM will now offer a compelling range of ETFs alongside its existing index funds. This was the right opportunity to expand our capabilities and ensure we can meet client demand in this rapidly growing market.”