‘ DAXglobal ’

Investors sticking with ETFs in stock picker’s market

Feb 13th, 2017 | By
Active ETFs gather second largest monthly net inflows ever in January

European investors are piling into exchange-traded funds, favouring those that mimic active fund managers, in a market where traditional trading relationships between assets are breaking down. Investment in ETFs, securities which track an index or basket of assets, rose to more than half a trillion euros at the end of last year, a record. A combination of low costs and flexibility kept investors hooked even though this break-down of so-called correlations should favour actively-managed mutual funds.

First Trust launches Germany AlphaDEX ETF on Deutsche Börse

Apr 6th, 2016 | By
Amundi rolls out nine ETFs on Deutsche Börse

First Trust Global Portfolios has made its debut on the Deutsche Börse with the launch of the First Trust Germany AlphaDEX UCITS ETF (FTGG GY). The fund follows the “smart beta” AlphaDEX methodology based on company fundamentals to objectively select German stocks which may generate positive alpha relative to traditional indices, such as the DAX. “We are delighted to launch the First Trust Germany AlphaDEX UCITS ETF,” said Derek Fulton, CEO of First Trust Global Portfolios. “With this launch, our first listing on the Deutsche Börse, we are bringing our proven AlphaDEX merit-based stock selection methodology to Europe’s largest economy.”

China Post enters Europe via acquisition of RBS ETF range

Mar 24th, 2016 | By
China Post Global makes debut listing on LSE with Japan quality ETF

China Post Global, the international asset management arm of the Chinese postal savings bank, has entered the European exchange-traded fund market with the acquisition of the Royal Bank of Scotland’s ETF range. The purchase marks the first time a Hong Kong asset manager has acquired a European UCITS ETF umbrella and its investment management team. Danny Dolan, Managing Director of China Post Global (UK), said: “Our aim is to differentiate ourselves through innovation. For example, while ETFs giving exposure to China and smart beta strategies already exist, no-one in Europe has yet combined the two.”

Geopolitical risks shaken out; global AUM in short and leveraged ETPs steadies at $60bn

Sep 4th, 2014 | By
WisdomTree Europe warns of future volatility in oil ETPs

Boost ETP, a leading provider of short and leveraged exchange-traded products, has released its latest ‘Short & Leveraged ETFs/ETPs Global Flows Report’. The report highlights the key flows and trends in short and leveraged ETPs across asset classes and geographies in August 2014. Viktor Nossek, Head of Research at Boost, commented: “August saw S&L investors repositioning bullishly in European equities and bearishly in US equities.”

Lyxor rolls out new European equity ETFs on LSE

Sep 2nd, 2014 | By
Hedge UK and European equities before EU referendum, advises ETF provider WisdomTree Europe

Lyxor Asset Management has continued to expand its range of exchange-traded funds available on the London Stock Exchange with the listing of four new European equity ETFs. The newly listed ETFs provide exposure to large-cap stocks in core Continental European developed markets, via the CAC 40, DAX, FTSE MIB and FTSE Developed Europe ex UK indices. Commenting on the new listings, Arnaud Llinas, Global Head of Lyxor ETFs, said: “The UK represents a key strategic market for Lyxor and we continue to see significant opportunities to expand our capabilities in the region.”

DeAWM builds out low cost “core” offering with launch of MSCI World ETF

Jul 28th, 2014 | By
Deutsche introduces GBP-hedged MSCI World ETF to Switzerland

Deutsche Asset & Wealth Management (DeAWM), the asset manager behind the db x-trackers brand of exchange-traded funds, has added to its range of low cost “core” ETFs. The latest addition to the range is the physically replicated db x-trackers MSCI World Index UCITS ETF (DR) (XDWD), listed on the London Stock Exchange. The fund provides exposure to the MSCI World Index, a benchmark capturing the performance of large and mid-cap stocks in 23 developed market countries.

HuaAn unveils China’s first DAX ETF

Jul 18th, 2014 | By
HuaAn unveils China’s first DAX ETF

HuaAn Asset Management has introduced the HuaAn Germany DAX 30 ETF, China’s first locally domiciled exchange-traded fund to provide exposure to the DAX Index. The ETF, which has been listed on the Shanghai Stock Exchange, means Chinese investors can now access the performance of leading German companies for the first time. Li Qing, CEO of HuaAn, said: “[The fund] opens the door to invest in Germany and EU for China investors. The era of global asset allocation has come to China, and HuaAn aims to be the leading asset management company at home and abroad.”

Boost makes debut on Deutsche Börse with DAX and Euro Stoxx 50 ETPs

Jul 16th, 2014 | By
European ETF industry flourishes in 2017 with 40% AUM growth

Boost ETP, a specialist provider of short and leveraged exchange-traded products, has entered the German market with the launch of four products on the Deutsche Börse (Xetra). The London-headquartered provider, which was recently acquired by US ETF giant WisdomTree, is also active on the London Stock Exchange in the UK and Borsa Italiana in Italy. “Boost is very proud to be listing four new ETPs in Germany,” said Hector McNeil, Co-CEO of Boost ETP. “Having already assisted with the launch of short and leverage ETCs in Germany in the past, Boost’s founders look forward to continuing their relationship with the German market.”

Source and Morgan Stanley team up on smart beta “month-end effect” ETF

Jul 7th, 2014 | By
Morgan Stanley settles charges related to misselling of inverse ETFs

London-based exchange-traded fund provider Source and investment bank Morgan Stanley have teamed to launch the Source Morgan Stanley Europe MEMO Plus UCITS ETF (EMSE), an ETF which aims to outperform the broad European equity market by exploiting one of the most persistent patterns in equity markets – the so-called “month-end effect”. Listed on the Deutsche Börse, the strategy combines continuous exposure to European equities with additional exposure, of 2x leverage, around month-end. In simulations over the past 13 years, the strategy has outperformed the MSCI Europe Index by an average 6.0% per annum.

Lyxor to convert three blue-chip ETFs to physical replication

Jun 23rd, 2014 | By
Lyxor to convert three blue-chip ETFs to physical replication

Lyxor, Europe’s third largest provider of exchange-traded funds, has announced that three of its largest ETFs are to be converted to physical replication. The ETFs in question are linked to the CAC 40, IBEX 35 and DAX indices and have approximately €5 billion in assets. Arnaud Llinas, global head of ETFs and indexing at Lyxor, said: “Our strategy is to offer our clients the most efficient ETFs by selecting the most appropriate replication method for each index. We believe we can now offer a better product on the CAC 40, IBEX 35 and DAX by using a direct replication method”.