‘ Global X Funds ’

Global X launches AI and big data ETF

May 17th, 2018 | By
Alex Ashby, director of product development at Global X

Global X Funds has launched the Global X Future Analytics Tech ETF (AIQ US) on Nasdaq Exchange. The fund provides access to companies that are generating vast amounts of data and developing proprietary artificial intelligence (AI) systems to derive actionable insights from that data. Alex Ashby, director of product development at Global X, said: “Given AI’s potential to impact a variety of sectors, we believe it is poised to become one of the most significant technological innovations of the modern era.”

ETFs to capitalise on “Greek shoots of recovery”

May 9th, 2018 | By
Greece appears to be on the road to economic recovery.

Greece is in much better shape than the dark days of its government debt crisis which ultimately led to it becoming the first Western country to default on its debt repayments to the IMF in June 2015. For those seeking to benefit from what one economist calls “Greek shoots of recovery”, ETFs provide a low-cost means of access.

Direxion launches 3x leveraged robotics, automation and AI ETF

Apr 23rd, 2018 | By
Direxion changes index for leveraged small cap ETF

Direxion has launched the Direxion Daily Robotics, Artificial Intelligence & Automation Index Bull 3X Shares (UBOT US) on NYSE Arca, providing triple leveraged exposure to an equity index composed of firms operating in the robotics and automation industry. Sylvia Jablonski, managing director at Direxion, commented, “The launch of UBOT allows traders to take a bold position in companies that are at the forefront of technology.”

Global X launches Autonomous & Electric Vehicles ETF

Apr 20th, 2018 | By
Global X Robotics & AI ETF passes $450m in assets one year after launch

Global X has launched the Global X Autonomous & Electric Vehicles ETF (DRIV US) on Nasdaq, the sixth and latest addition to its thematic technology suite of ETFs. “Electric and autonomous vehicles are poised to have one of the most profound impacts on society since the industrial revolution, affecting a wide range of sectors in ways that we’ve only just begun to imagine,” said Jay Jacobs, director of research at Global X.

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.

Mirae anchors US presence by buying ETF provider Global X

Feb 16th, 2018 | By
Taeyong Lee, President, Global Head of ETFs for Mirae Asset

Global X, the seventeenth-largest US-based ETF issuer, has entered into an agreement to sell 100% of its fully diluted shares to Mirae Asset Global Investments, an independent financial services business based in Asia. “With Global X on board, we are now connecting one of the most successful US ETF firms to a prominent Asian-based global ETF manager, creating a powerful ETF platform.” said Taeyong Lee, president, global head of ETFs for Mirae Asset.

ROBO ETF passes $2bn AUM

Jan 22nd, 2018 | By
ROBO ETF passes $2bn

The ROBO Global Robotics & Automation Index ETF (ROBO US) has crossed the $2 billion threshold, having doubled its assets under management in the last five months. 

Factor ETFs – Eat before you pay

Dec 20th, 2017 | By
Factor ETFs – Eat before you pay

By Dr Peter Hopkins, principal, Style Research.

There are lots of ways to entice people into parting with their money – and attractive packaging and descriptions are near the top of the list. ETFs are no exception to the aggressive marketing taking place; neither are the factors that are often used to calibrate the performance of these investments. But can you really trust the products? And what should you look out for?

Solactive celebrates 10th anniversary

Oct 31st, 2017 | By
Steffen Scheuble, CEO of Solactive

Frankfurt-based index provider Solactive is celebrating ten years since its founding in 2007. The firm has grown to produce more than 4,500 indices for over 350 clients and there are now over 260 ETFs tracking indices calculated by Solactive. Steffan Scheuble, CEO of Solactive, commented, “This has been a wonderful ten-year journey full of excitements and challenges.”

Global X launches ‘iconic brands’ ETF

Oct 17th, 2017 | By
Global X launches ‘iconic brands’ ETF

Global X has launched the Global X Iconic US Brands ETF (Bats: LOGO), an ETF that invests in US-listed companies that possess strong brand equity and have built long-term loyalty among American customers.