‘ Pimco ’

ETFGI: Assets in active ETFs/ETPs up by 31% in H1 2017

Aug 1st, 2017 | By
Europe-listed ETFs/ETPs gather $10.2bn in net new assets during July

Assets invested in actively managed ETFs/ETPs have grown by 30.5% in the first half of 2017 to reach a new record of $57 billion, according to research by ETFGI. The number of active ETFs/ETPs listed globally also grew by 20% to 364 in the first half of 2017. However, active funds remain a small part of the overall ETF/ETP landscape accounting for only 5% of the total number of ETFs/ETPs listed globally and a mere 1.2% of global assets.

Tradeweb’s European ETF marketplace reports strong trading in Q2

Jul 11th, 2017 | By
Tradeweb’s European ETF marketplace reports strong trading in Q2

Trading activity on the Tradeweb European-listed ETF marketplace amounted to €12.15 billion in June, significantly lower than the record €17.74bn recorded the month before. June marked the end of the platform’s second strongest quarter on record however, with total activity amounting to €43.65bn over the course of the last three months.

OPEC and oil prices: Looking ahead to the May meeting

May 19th, 2017 | By
Greg Sharenow, real assets portfolio manager at PIMCO.

By Greg Sharenow, real assets portfolio manager at PIMCO.

For all the attention paid to changes in US shale output, OPEC is capable of swinging oil balances more in a single month than US shale can in a year. As a result, any oil outlook must make some material assumptions about OPEC’s intentions at the upcoming meetings later this month and in November.

PIMCO: A less ‘impulsive’ China – bracing for lower growth

May 2nd, 2017 | By
PIMCO: A less ‘impulsive’ China - bracing for lower growth

By Gene Frieda, executive vice president and global strategist at PIMCO.

By focusing so intensely on US political developments, investors risk missing a silent shift in what has arguably been the strongest driver of global reflation in the last five years: Chinese credit. This driver is now moving sharply in reverse.

Invesco to acquire ETF issuer Source

Apr 28th, 2017 | By
Martin Flanagan, President and Chief Executive Officer of Invesco.

Invesco has entered into a definitive agreement to acquire European ETF issuer Source. The transaction will add Source’s $25 billion in assets under management to Invesco’s existing global ETF AUM of approximately $120 billion. “We’re excited about this opportunity to build on Invesco’s 40 years of factor investing experience and our existing PowerShares ETF business, which will significantly enhance our ability to deliver meaningful solutions to institutional and retail clients in Europe and around the world,” said Martin L. Flanagan, president and CEO of Invesco.

Markets react bullishly to French election first round results

Apr 25th, 2017 | By
Markets react to Macron win

French equity markets reacted bullishly to the first round of Presidential elections with the Lyxor CAC 40 UCITS ETF (Euronext: CAC) gaining 4.2% the day after the results were announced.

VanEck launches emerging markets local currency bond ETF in Europe

Apr 21st, 2017 | By
Uwe Eberle, head of international business development and distribution at VanEck

VanEck has launched the VanEck Vectors JP Morgan EM Local Currency Bond UCITS ETF (EMLC) on the London Stock Exchange, offering exposure to bonds issued in local currencies by emerging market governments.

PIMCO: Bonds are different – the active advantage

Apr 19th, 2017 | By
Jamil Baz, managing director and PIMCO’s global head of client analytics

By Jamil Baz, managing director and global head of client analytics, PIMCO.

Ask an investor if most active bond funds outperform their passive counterparts and the response is likely to be “no”. After all, if one investor beats the market, another must lag it. Active strategies incur higher fees, so the majority should underperform their lower-fee passive counterparts. Our research suggests otherwise – at least for bonds, if not for stocks.

Poor active fund returns draw investors into fixed income ETFs

Apr 13th, 2017 | By
Aye Soe, global research director at S&P

New data shows that long-term performance of active bond funds has generally failed to beat the market, pushing more investors towards fixed income exchange-traded funds instead.

Arrow Funds introduces active fixed income ETF

Apr 6th, 2017 | By
S&P DJI reports over $1tn in ETP assets linked to its indices

Arrow Funds has launched the Arrow Reserve Capital Management ETF (ARCM) on the Bats Global Markets Exchange. The actively managed ultra-short term fixed income portfolio seeks capital preservation with maximum income, offering investors an alternative to traditional money market funds and bank deposits.