‘ iShares ’

ETF flows chasing fee cuts, reports FactSet

Nov 17th, 2017 | By
ETF flows chasing fee cuts, reports FactSet

ETF flows have started to chase the fund fee cuts that have become a staple of the industry in recent months, according to new research released by FactSet. The report comes in the wake of numerous announcements in the last few months of fee reductions and new ultra-low-cost funds from major players, including Charles Schwab, State Street Global Advisors, Franklin Templeton, Deutsche Asset Management and Invesco PowerShares.



BlackRock launches dividend and buyback ETF on Cboe

Nov 14th, 2017 | By
BlackRock launches dividend and buyback ETF on Cboe

BlackRock has launched the iShares US Dividend and Buyback ETF (DIVB US) on Cboe ETF Marketplace, providing access to US equities with a history of dividend payments, share buybacks or both. Martin Small, head of US iShares at BlackRock, commented: “We believe all investors should evaluate DIVB as a complement, or wholesale replacement, for the traditional high dividend or dividend growth allocation.”



ETF AUM linked to MSCI equity indices passes $700bn milestone

Nov 14th, 2017 | By
MSCI launches factor ESG index series

MSCI has announced that assets under management in equity ETFs linked to its indices has reached an all-time high of $707 billion, as of 6 November 2017. Diana Tidd, MSCI’s head of index, commented: “[The] AUM benchmarked to our equity indices globally is a testament to our leadership and our ability to deliver a global index framework with broad market coverage that provides an accurate reflection of the equity markets for our clients.”



ETF robo-advisor Scalable Capital reaches €500m in assets

Nov 8th, 2017 | By
ETF robo-advisor Scalable Capital reaches €500m in assets

Robo-advisor Scalable Capital has reached €500 million in assets 22 months after launching in Germany and 16 months after launching in the UK. The firm uses proprietary risk management algorithms to manage portfolios built using ETFs for clients.



EMEA-listed ETFs gather $8bn in October, reports BlackRock

Nov 8th, 2017 | By
EMEA-listed ETFs gather $8bn in October, reports BlackRock

EMEA-listed ETFs recorded net inflows of $7.8 billion in October, according to research from BlackRock. Equity ETFs dominated again with $6.3bn of the net new assets while fixed income ETFs gained $1.1bn. Net new assets for ETFs in the region in the year-to-date now stand at $81bn, already greater than the previous full calendar year record set in 2015.



LSE reports October ETF trading volume up 3%

Nov 8th, 2017 | By
LSE reports October ETF trading volume up 3%

The London Stock Exchange (LSE) has reported that total on-exchange value traded for ETFs in October 2017 was £27 billion through 290k trades, an increase of 3% compared to October 2016. The average order book trade size for ETFs was £38k during the month.



Equium Capital rolls out ETF share class of tactical allocation fund

Nov 7th, 2017 | By
Equium Capital rolls out ETF share class of tactical allocation fund

Toronto-based Equium Capital has unveiled an ETF share class for its global tactical allocation fund, which was launched in March 2017. The ETF shares will trade on the Toronto Stock Exchange under the name Equium Global Tactical Allocation Fund (ETAC).



FTSE 100 ETFs benefit as blue-chip UK index reaches new heights

Nov 6th, 2017 | By
FTSE 100 ETFs benefit as UK index reaches new heights

ETFs tracking the FTSE 100 Index have rallied as the UK blue-chip index closed at a new record high of 7,560 on Friday 3 November 2017, driven by a strong global economy and a weak pound. Laith Khalaf, senior analyst at brokers Hargreaves Lansdown, said: “Stock market investors continue to reap the rewards of loose monetary policy and an improving global economy.”



Invesco to migrate PowerShares Canadian govt bond ETF to NEO

Nov 6th, 2017 | By
Jos Schmitt, president and CEO, NEO Exchange.

Invesco has announced it is planning to change the listing venue of the PowerShares Ultra Liquid Long Term Government Bond Index ETF (PGL) from the Toronto Stock Exchange to Aequitas NEO Exchange. Jos Schmitt, president and CEO, NEO Exchange, commented: “Invesco’s decision to migrate an ETF to us shows that we are succeeding in our mission to innovate and improve Canada’s capital markets for all investors through competition.”



SIX reports slowdown in ETF turnover

Nov 3rd, 2017 | By
SIX reports slowdown in ETF turnover

SIX Swiss Exchange reported a 13.7% drop in Q3 ETF trading volumes compared to Q2, with the majority of the decrease accounted for by equity ETFs, after the benchmark Swiss Market Index SMI traded sideways for much of the quarter. The year-on-year decline was a relatively modest 3.6%.