‘ United States and Canada ’

Tech ETFs recoup February losses, and then some

Mar 15th, 2018 | By
Cutting-edge technologies support the growth of the sector

One sector has more than recouped its losses from February’s volatility. Technology has stormed ahead over the past month; 12 of the 15 top-performing London-listed ETFs over one-month track a tech-based index. But, as Chris Dhanraj, Head of the ETF Investment Strategy team at iShares, notes, “In investing, past is not prologue… the question is: Can the good times roll on?”

Deutsche expands ‘yield plus’ suite with USD corporate bond ETF

Mar 14th, 2018 | By
Deutsche adds USD corporate bond ETF to yield-plus suite

Deutsche Asset Management has added a new ‘yield plus’ corporate bond ETF to its product line-up with the launch of the Xtrackers iBoxx USD Corporate Bond Yield Plus UCITS ETF (XYLD) on the London Stock Exchange and Deutsche Börse. The fund tracks the Markit iBoxx USD Corporates 1-20 Yield Plus Index, providing exposure to higher yielding, mostly investment-grade, corporate bonds denominated in US dollars.

Ashburton lists global government bond ETF on JSE

Mar 13th, 2018 | By
Ashburton Global Government Bond ETF JSE

Ashburton Investments, the asset management arm of the FirstRand group, has launched the Ashburton World Government Bond ETF (ASHWGB SJ) on Johannesburg Stock Exchange. The ETF is the first to list on JSE to provide exposure to global government bonds.

Investors shed US equity ETPs as global inflows slow, finds BlackRock

Mar 13th, 2018 | By
Investors ditch US equity ETPs in February amid market sell-off, finds BlackRock

Net inflows into ETPs globally slowed to $6.8 billion in February as investors shed products providing exposure to US equities to the tune of $23.0bn, according to the latest ETP Landscape report from BlackRock. Redemptions for US equity ETPs during the month marked a turnaround for the asset class which had achieved cumulative inflows of $122.5bn over the prior four months.

Hartford Funds lowers fees across multifactor ETF suite

Mar 13th, 2018 | By
Hartford Funds lowers fees across its multifactor ETF suite

Hartford Funds has lowered the fees charged on six smart beta equity ETFs. The funds include four multifactor ETFs, which select constituents based on a blend of three factors (value, momentum, and quality, and a further two multifactor factors that also incorporate low volatility screening.

BlackRock: Guess who’s driving the ETF bus?

Mar 9th, 2018 | By
BlackRock: Guess who’s driving the ETF bus?

ETFs got their biggest boost in 2017 from end investors and advisors. Martin Small, head of US iShares at BlackRock, explains why this is such a big deal.

BMO unveils five more ETF plays on Toronto Stock Exchange

Mar 8th, 2018 | By
Kevin Gopaul, Head of BMO Global Asset Management Canada

Canadian ETF provider BMO has launched five new ETFs on Toronto Stock Exchange, three of which are fixed income. “As one of the top 10 fixed income ETF providers globally, we’re excited to build on our successful and comprehensive suite,” said Kevin Gopaul, Head of BMO Global Asset Management Canada.

Gold ETFs see net outflows globally in February

Mar 8th, 2018 | By
Gold ETFs see net outflows globally in February

Gold-backed ETFs (including ETPs) lost 5.1 tonnes of gold during February as investors redeemed assets on the back of a decreasing gold price and increasing volatility, according to data from the World Gold Council.

Harvest Portfolios launches European income ETF on Toronto Stock Exchange

Mar 6th, 2018 | By
Michael Kovacs, CEO at Harvest Portfolios Group.

Harvest Portfolios has launched the Harvest European Leaders Income ETF (HEUR CN) on the Toronto Stock Exchange, providing exposure to an equally weighted portfolio of European dividend-paying stocks. Michael Kovacs, CEO, Harvest Portfolios, said, “Europe houses some of the most established and innovative business in the world. It was only logical for Harvest to add an ETF of true business leaders to our lineup of equity income ETFs.”

State Street unveils IntelliGX “living indices”

Mar 6th, 2018 | By
State Street unveils IntelliGXSM – a new suite of dynamic indices

State Street, the ultimate parent of SPDR ETFs, has introduced a new suite of rules-based, dynamically adjusting indices.