‘ Markit ’

Deutsche introduces currency hedging for smart beta EM bond ETF

Aug 9th, 2017 | By
Deutsche launches smart beta emerging markets bond ETF on Deutsche Börse

Deutsche Asset Management has unveiled the db x-trackers iBoxx USD Emerging Sovereigns Quality Weighted EUR-hedged UCITS ETF (XQUE) on Deutsche Börse’s Xetra and Frankfurt exchanges. The fund provides smart beta exposure to high quality emerging market government bonds while mitigating currency risk between the US dollar-denominated bonds and the ETF’s trading currency – the euro.



IHS Markit and Emirates NBD launch sukuk bond index

May 31st, 2017 | By
IHS Markit and Emirates NBD launch sukuk bond index

Index provider IHS Markit has launched the Emirates NBD Markit iBoxx USD Sukuk Index, in collaboration with Middle East banking group Emirates NBD. The index, which has been designed so as to be suitable to underlie ETFs, aims to provide a transparent benchmark for investors in USD sukuk.



Lyxor launches ETF tracking UK inflation expectations

Mar 15th, 2017 | By
VanEck Vectors UCITS ETFs now tradable in GBP on London Stock Exchange

European ETF provider Lyxor has launched a new fund providing investors with exposure to UK inflation expectations. The Lyxor UK£ 10Y Inflation Expectations UCITS ETF (LON: UKBE) targets the spread between traditional bond yields and those of inflation-linked bonds, thus offering a pure play on inflation expectations without exposing the investor to changing interest rates.



BNP Paribas rolls out three core bond ETFs on Euronext Paris

Feb 15th, 2017 | By
Isabelle Bourcier, Head of Index Operations and ETFs at THEAM

THEAM, a subsidiary of BNP Paribas, has launched three new fixed income ETFs on Euronext Paris, providing exposure to portfolios of Eurozone inflation-linked government bonds, US Treasuries from across the yield curve, and euro-denominated investment grade corporate bonds. Isabelle Bourcier, Head of Index Operations and ETFs at THEAM, notes the listing of these ETFs is a concrete expression of THEAM’s desire to diversify the firm’s current product offering.



Deutsche introduces world’s first dedicated USD Asia ex-Japan corporate bond ETF

Sep 12th, 2016 | By
Deutsche closes five US-listed ETFs

Deutsche Asset Management has launched the world’s first ETF delivering dedicated exposure to the Asia ex-Japan US dollar corporate bond market. Debuting on Deutsche Börse’s Xetra, the db x-trackers II iBoxx USD Liquid Asia Ex-Japan Corporate Bond UCITS ETF (Xetra: ALQD) provides European investors with easy access to a rapidly growing market that has expanded by over 24% per annum over the past five years. Anson Chow, Deutsche AM’s Head of ETF product development, Asia Pacific, said: “Asia US dollar investment-grade corporate bond issuance increased from around $21bn in 2010 to around $63bn in 2015. This is an important and growing section of the global bond market”.



Emerging market debt ETFs back in focus as investors hunt yield

Aug 25th, 2016 | By
Deutsche launches core MSCI emerging markets ETF

With negative interest rate policies being adopted by several central banks in the developed world, investors are beginning to turn their attention back to emerging market debt (EMD) in a hunt for yield. Already this year $5.7bn has flowed into EMEA-domiciled EMD ETFs. Antoine Lesné, Head of SPDR ETF Strategy & Research EMEA at SSGA, believes the asset class may offer an attractive return thanks to a healthy real yield differential, improving fundamentals and supportive monetary policies.



Markit iBoxx index paves way for infrastructure bond ETFs

Aug 11th, 2016 | By
Markit iBoxx paves way for future infrastructure bond ETFs with new index launches

Index provider IHS Markit, which has over $100bn in exchange-traded fund assets linked to its iBoxx range, has launched a suite of four new indices targeting the fixed income securities of companies engaged in infrastructure development. The Markit iBoxx Infrastructure indices track the performance of corporate bonds from firms in the energy, telecommunications, transportation and utilities sectors, while each references bonds with different currency denominations (US dollar, British pounds, euros, and US dollar high yield). The indices are suitable as underlyings for index-linked investment products such as exchange-traded funds.



Lyxor launches short-dated Gilt ETF

Aug 5th, 2016 | By

Lyxor, Europe’s third largest provider of exchange-traded funds, has listed the Lyxor FTSE Actuaries Gilts 0-5Y (DR) UCITS ETF (GIL5) on the London Stock Exchange. The ETF is Lyxor’s first short-dated Gilt ETF and, at 0.07%, will be the cheapest of its kind in the market. This new exposure completes Lyxor’s range of gilts ETFs, giving investors the choice of short, all maturity or inflation linked gilts. Chanchal Samadder, Head of UK and Ireland ETF Sales at Lyxor, commented: “We have a clear ambition to be the number one choice for core fixed income ETFs. This isn’t just about lower fees, but providing the right exposures, and using the right replication. This new ETF means we can now offer low cost, simple exposure to both the long and short end of the gilts market.”



VanEck lowers fees on Fallen Angel High Yield Bond ETF

Jun 21st, 2016 | By
VanEck marks fifth anniversary of fallen angel bond ETF

US-based exchange-traded fund provider VanEck has reduced the net expense ratio of the VanEck Vectors Fallen Angel High Yield Bond ETF (NYSE Arca: ANGL) from 0.40% to 0.35%. The ETF invests in ‘fallen angels’ – a term used to describe bonds that were rated as investment grade at the time of their original issuance, but which have since lost their investment-grade status. The fund may offer a value proposition to investors owing to research suggesting that fallen angels are often oversold prior to their downgrade to junk status. ANGL has delivered a strong performance in 2016, returning 13.7% through to 31 May based on net asset value.



Deutsche rolls out eurozone ‘Yield Plus’ corporate bond ETF

Jun 16th, 2016 | By
Deutsche Asset Management expands fixed income smart beta suite with new emerging markets ETF

Europe’s second largest provider of ETFs Deutsche Asset Management has expanded its ‘Yield Plus’ ETF range with the launch of the db x-trackers iBoxx EUR Corporates Yield Plus UCITS ETF (Xetra: XDEP) that provides exposure to the euro-denominated corporate bond market via the Markit iBoxx EUR Corporates Yield Plus Index. Martin Weithofer, Deutsche Asset Management’s Head of Strategic Beta, commented: “The strategic beta corporate bond index that our new ETF tracks offers a significant yield pick-up versus it’s non-yield plus equivalent, with moderately increased risk characteristics and almost identical duration.”