‘ SSgA SPDRs ’

US ETF assets up over a third in 2017, finds ETFGI

Jan 8th, 2018 | By
US ETF assets up over a third in 2017, finds ETFGI

Assets invested in ETFs listed in the United States increased by over a third (34.3%) during 2017 to reach a new high of $3.42 trillion at the end of December, according to ETF industry consultants ETFGI. The US is on track to chalk up two straight years of consecutive monthly net inflows, with $44.3bn gathered in December 2017 marking the twenty-third successive month of net inflows.

SSGA partners with Kensho on three ‘new economy’ thematic ETFs on NYSE Arca

Jan 5th, 2018 | By
SSGA launches three ‘innovative industry’ ETFs

State Street Global Advisors (SSGA) has teamed up with Kensho Technologies for the launch of three ETFs on NYSE Arca designed to provide investors with access to companies driving innovation in three so-called ‘new economy’ industries – intelligent structures, smart mobility, and future security. Nick Good, co-head of the global SPDR business at SSGA, said investors could use the ETFs to “make targeted allocations providing exposure to the firms behind the emerging trends that are reshaping our economy, and very way of life.”

New Frontier Advisors launches ETF-based global balanced index

Dec 15th, 2017 | By
Dr. Richard Michaud, CEO of New Frontier Advisors.

New Frontier Advisors has unveiled the New Frontier Global Balanced Index tracking the performance of a global multi-asset risk-managed portfolio. The index is a 60/40 balanced portfolio currently comprising 27 ETFs. Dr. Richard Michaud, CEO of New Frontier Advisors, said, “We believe the New Frontier Global Balanced Index represents the next step in the evolution of major financial indices.”

ETF providers take active approach to stewardship: Morningstar

Dec 13th, 2017 | By
ETF providers take active approach to stewardship Morningstar

ETF providers are taking an increasingly active approach to stewardship of the companies they hold passive stakes in, according to new research from Morningstar. The report reveals that contrary to passive investing critics, the shift to index investing has not led to an abdication of shareholder oversight.

US financials lead S&P 500 to record highs

Nov 29th, 2017 | By
US Financials ETFs lead S&P 500 to record highs

US financial stocks have helped push the S&P 500 Index to fresh highs this week. ETFs tracking the sector, such as the iShares S&P 500 Financials Sector UCITS ETF (IUFS LN), are up approximately 4.8% this week as the S&P 500 put on 0.9% to hit a record close of 2627.04 on 28 November.

SPDR ETFs: Passive bubble trouble?

Nov 28th, 2017 | By

By Michael Arone, chief investment strategist of SPDR ETFs, State Street Global Advisors.

One of the most frequent questions I get from clients is “What do you think about the passive bubble?” However, asking the Chief Investment Strategist of State Street Global Advisors’ SPDR ETF business if there is a passive bubble is a little like asking a barber if you need a haircut – snip, snip. Of course there is no passive bubble!

Sector ETFs set to be impacted by changes to GICS

Nov 21st, 2017 | By

MSCI and S&P Dow Jones Indices have announced changes to the Global Industry Classification Standard (GICS) that will see the telecommunication services sector being broadened and renamed as communication services. The changes are set to affect ETFs that provide exposure to the telecoms, technology and consumer discretionary sectors, and will take effect in September 2018.

ETF flows chasing fee cuts, reports FactSet

Nov 17th, 2017 | By
WisdomTree launches three inverse fixed income ETPs

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.

SSGA switches core US equity ETFs to in-house indices

Nov 16th, 2017 | By
SSGA switches core US equity ETFs to in-house indices

State Street Global Advisors (SSGA) has changed the underlying indices for three of its core US equity ETFs – those providing exposure to the large-cap, small-cap, and total-cap segments of the market – by dropping incumbent index provider FTSE Russell in favour of SSGA in-house indices, calculated by NYSE.

ETF flows can impact underlying constituent share prices, finds KBW

Nov 9th, 2017 | By
KBW reports on share price impact of ETF flows

Large flows to and from ETFs that are significant shareholders in their underlying constituents relative to those constituents’ average daily trading volumes are likely to impact the share prices of the those constituents, according to research from investment bank Keefe, Bruyette & Woods (KBW).