Latest news

Reality Shares, Nasdaq partner on ETF exposed to blockchain technology

Reality Shares, Nasdaq partner on blockchain technology ETF

Reality Shares, a San Diego-based asset manager and ETF issuer, has partnered with Nasdaq to launch an ETF providing access to companies involved in blockchain technology. “The blockchain ecosystem potentially presents one of the most profound, long-term investment opportunities many of us have or will ever see in our lifetime,” said Eric Ervin, CEO of Reality Shares.

Europe-listed equity ETFs saw inflows of $1.6bn during the month, double the amount seen during August 2016.

Global ETF industry grows assets by a third in 2017

The global ETF industry (including ETPs) grew by a record $1.287 trillion (36.3%) in 2017, more than double the previous record of $554.0 billion set in 2016, according to ETF industry consultants ETFGI.

Edward Rosenberg, senior vice president and head of ETFs for American Century

American Century launches its first ETFs

American Century Investments has become the latest asset manager to roll out ETFs, with the launch of the the American Century STOXX US Quality Value ETF (VALQ US) and American Century Diversified Corporate Bond ETF (KORP US) on NYSE Arca. Edward Rosenberg, head of ETFs for American Century, commented: “Our goal with the launch of American Century ETFs is to provide innovative strategies that strive to deliver better outcomes for investors.”

Deutsche cross-lists five ETFs to SIX

Deutsche cross-lists five ETFs to SIX Swiss Exchange

Deutsche Asset Management has cross-listed five ETFs to SIX Swiss Exchange. They comprise a China A-Shares ETF, a euro-denominated corporate bond ETF, a global government bond ETF, an inflation-linked bond ETF, and an income-focused multi-asset ETF of ETFs.

Amundi cross-lists European multi-factor market neutral ETF

Amundi cross-lists European multi-factor market neutral ETF

Amundi has cross-listed the Amundi European Equity Multi Factor Market Neutral ETF (MKTN FP) onto Deutsche Börse and Borsa Italiana. The fund offers hedge-fund-like returns by providing a means for investors to gain access to the long-term potential of factor risk premia without being exposed to the overall direction of European equity markets.

BlackRock: 7 portfolio ideas for 2018

BlackRock: 7 portfolio ideas for 2018

By Richard Turnill, Global Chief Investment Strategist, BlackRock

Richard shares seven investing ideas to consider as 2018 gets underway.

Deutsche lists UCITS ETFs on Mexican Stock Exchange

Deutsche lists UCITS ETFs on Mexican Stock Exchange

Deutsche Asset Management (Deutsche AM) has announced the listing of its first set of UCITS-compliant exchange-traded funds on the Mexican Stock Exchange. ETFs are rapidly gaining importance among Latin American institutions. Moreover, they are increasingly seeking UCITS products due to their potential for tax efficiency and access to exposures and features unavailable to other ETF jurisdictions.

Equities

Naoki Kamiyama, chief strategist, Nikko Asset Management.

Nikko remains positive on Japanese equities in 2018

Naoki Kamiyama, Chief Strategist at Nikko Asset Management, discusses some of the key forces shaping the outlook for the Japanese economy and stock market in 2018, including government policy, earnings growth, wage growth, and capital expenditure.

Vanguard cross-lists Euro Stoxx 50 ETF to SIX

Vanguard cross-lists Euro Stoxx 50 ETF to SIX Swiss Exchange

Vanguard has cross-listed the Vanguard Euro Stoxx 50 UCITS ETF (VX5E SW) on SIX Swiss Exchange, offering another access point for investors seeking exposure to mega-cap blue-chip stocks in the eurozone. The ETF, which is based on the widely followed Euro Stoxx 50 index, is already available on the London Stock Exchange and on Deutsche Börse.

Commodities

James Butterfill, head of research & investment strategy at ETF Securities

ETF Securities forecasts mixed outlook for commodities in 2018

Broad commodity ETFs have enjoyed a decent start to 2018. From the low point in mid-December, the ETFS All Commodities (AIGC LN) has gained 5.6% with rallies in oil, industrial metals, precious metals, and agriculture. Despite the recent gains, James Butterfill, head of research & investment strategy at ETF Securities, is wary of interpreting this as a positive sign for broad commodities this year.

Aneeka Gupta, Associate Director, Equity & Commodities Strategist, ETF Securities

Gold and precious metals ETFs stage strong start to year, reports ETF Securities

Gold ETFs have staged a strong start to 2018, with ETF Securities reporting that its range of gold products received inflows of $19.2 million during the first week of the year. Precious metals ETFs also did well, gathering inflows worth $18.8m.

Fixed Income

Jason Giordano, director of fixed income at S&P Dow Jones Indices.

S&P 500 Bond Index sees record issuance in 2017

S&P 500 companies issued $775 billion in bonds during 2017, the sixth consecutive year of record US corporate bond issuance, according to S&P Dow Jones Indices. Jason Giordano, director of fixed income at S&P DJI, said the rise in issuance was reflective of companies continuing to take advantage of the accommodative environment created by low interest rates and strong investor demand.

Deutsche launches US short duration high yield bond ETF

Deutsche launches USD short-duration high-yield bond ETF

Deutsche Asset Management has expanded its range of US-listed ETFs with the launch of the Xtrackers Short Duration High Yield Bond ETF (SHYL US), targeting short-term, US dollar-denominated corporate debt with credit ratings below investment grade.

Alternatives / Multi-Asset

Patrick Mattar, a managing director within the iShares EMEA capital markets team

BlackRock: 2017 an extraordinary year for ETFs

BlackRock, the parent of the iShares, has published its latest ETP Landscape report, which in this edition looks back at 2017 – an extraordinary year for ETPs. Patrick Mattar, a managing director within the iShares EMEA capital markets team, highlights five key stories behind the 2017 European ETP flows.

Tradeweb reports net selling across all ETF asset classes in December

Tradeweb reports net selling of ETFs across all asset classes in December

Tradeweb has reported net selling of ETFs across all asset classes on its European ETF marketplace during December.

ETF and Index News

ERI Scientific Beta counters Mercer’s criticism of factor investing

ERI Scientific Beta counters Mercer’s criticism of factor-index investing

ERI Scientific Beta, a smart beta index provider and affiliate of EDHEC-Risk Institute, has jumped to the defence of factor-index investing in a strong rebuttal of a report published by investment consultants Mercer. Noël Amenc, CEO of ERI Scientific Beta, said the Mercer report was “representative of undocumented opinions on factor investing and as such is liable to misinform investors.”

By Jason Guthrie, director of capital markets at WisdomTree in Europe.

The truth about ETP liquidity

By Jason Guthrie, director of capital markets at WisdomTree in Europe.

Misconceptions about ETPs are common and one is around an ETP’s available liquidity. Although the ability to trade ETPs intraday is well known, many institutional investors believe ETPs aren’t tradeable in institutional size. The reality, however, couldn’t be further from this belief.