‘ SSgA SPDRs ’

Morningstar reports slowdown in Europe-listed ETF flows

Sep 20th, 2017 | By
Lyxor builds out small and mid-cap equity ETF offering

After registering dynamic growth in the first half of the year, demand for Europe-listed ETFs slowed considerably in August, according to Morningstar’s monthly ETF asset flows analysis.



Moody’s investigates effects of smart beta ETF price war

Sep 14th, 2017 | By
IndexIQ adjusts fees on a range of ETFs

The ongoing price war in smart beta ETF fees has the potential to negatively impact the credit ratings of traditional active asset managers as well as smart beta ETF providers, according to credit rating agency Moody’s.



European ETF flows eclipse 2016 total

Sep 13th, 2017 | By
Europe-listed equity ETFs saw inflows of $1.6bn during the month, double the amount seen during August 2016.

ETFs and ETPs listed in Europe gathered $4.3bn in net new assets during August, marking 35 consecutive months of positive net inflows and a record level of $78.3bn in year-to-date (YTD) net gatherings, according to ETF industry consultant ETFGI. This figure is significantly higher than the $39.9bn in net inflows recorded at this point last year, and $22.6bn more than the $55.7bn gathered during the whole of 2016.



Main launches active sector rotation ETF

Sep 12th, 2017 | By
AdvisorShares launches actively-managed long/short sector rotation strategy ETF

Main Management ETF Advisors (Main) has launched the Main Sector Rotation ETF (BATS: SECT), an actively managed ETF that utilises a fund of funds structure to invest in other sector-based equity ETFs. The launch marks Main’s debut into the ETF provider space.



Elkhorn to close suite of S&P mid-cap sector ETFs

Sep 5th, 2017 | By
Elkhorn to close suite of S&P mid-cap sector ETFs

Elkhorn Investments has announced its range of US mid-cap sector ETFs are to close. The nine funds track various sector-specific exposures derived from the S&P Midcap 400 Index using the sector definitions offered by Standard & Poor’s Global Industry Classification Standard (GICS).



Franklin Templeton debuts two actively managed municipal bond ETFs

Sep 1st, 2017 | By
Franklin Templeton debuts two actively managed municipal bond ETFs

Franklin Templeton Investments has launched two new actively managed municipal bond ETFs, the Franklin Liberty Intermediate Municipal Opportunities ETF (NYSE Arca: FLMI) and Franklin Liberty Municipal Bond ETF (NYSE Arca: FLMB). Patrick O’Connor, global head of ETFs at Franklin Templeton Investments, commented: “Leveraging our world class municipal bond platform, these actively managed ETFs seek to generate yield exempt from federal taxes, allowing investors to keep more of what they earn.”



GraniteShares rolls out lowest-cost gold ETC

Sep 1st, 2017 | By
GraniteShares rolls out lowest-cost gold ETC

US-based ETF provider GraniteShares has launched the GraniteShares Gold Trust (NYSE Arca: BAR), a physically backed exchange-traded commodity which boasts the lowest expense ratio of all gold ETPs in the marketplace.



SSGA makes changes to SPDR Morgan Stanley Technology ETF

Sep 1st, 2017 | By

State Street Global Advisors (SSGA), the asset manager behind the SPDR range of ETFs, has announced future changes to the name and index of the SPDR Morgan Stanley Technology ETF.



SSGA to close seven UCITS ETFs

Aug 29th, 2017 | By
SSGA to close seven UCITS ETFs

State Street Global Advisors (SSGA), the asset manager behind the SPDR range of ETFs, is closing seven of its Europe-listed funds, including five equity and two fixed income ETFs. In a notice to shareholders on 25 August, the firm announced the decision to close the funds was made because “the Net Asset Value of each Fund is currently less than the minimum amount specified in the Prospectus” and SSGA does “not believe that it will increase materially in the near future and the Funds are uneconomic to operate.”



Smart beta dividend ETFs avoid Provident Financial collapse

Aug 24th, 2017 | By
Quality UK dividend ETFs avoid Provident Financial collapse

Shares of subprime lender Provident Financial, a favourite of star fund manager Neil Woodford, have dived nearly 70% following a profit warning, the resignation of its CEO and the cancellation of its dividend. While the stock is held in many well-known equity income funds, including strategies from Invesco Perpetual’s Mark Barnett plus actively managed funds from Jupiter, Rathbones, M&G and Aberdeen, it is notably absent from the BMO MSCI UK Income Leaders UCITS ETF (ZILK) and SPDR S&P UK Dividend Aristocrats UCITS ETF (UKDV) – two smart beta ETFs that deploy rules-based screens to achieve dividend sustainability.