Latest news

Smart Beta Equity ETF/ETP assets reach new record reports ETFGI

Actively managed ETF AUM up 45% YTD

Assets invested in actively managed ETFs listed globally have increased 44.9% in the first nine months of the year to reach a new record of $63.6 billion at the end of September, according to ETF industry consultancy ETFGI.

European-listed ETF assets on course to smash records in 2017, reports ETFGI

European ETFs record net inflows for 36th consecutive month

ETFs domiciled in Europe saw $7.4bn of inflows during September 2017, marking the 36th consecutive month of net inflows, according to analysis by ETF industry consultants ETFGI.

Smart beta ETF assets reach record high

Global smart beta ETF assets reach record high

Assets invested in smart beta equity ETFs listed globally have increased 21.9% in the first nine months of the year to reach a new record high of $644 billion at the end of September, according to London-based ETF industry consultant ETFGI.

William J. Smalley, executive managing director and head of product strategy and management, Virtus ETF Solutions.

Virtus launches actively managed global multi-factor ETF

Virtus ETF Solutions has launched a new global multi-factor ETF – the Virtus WMC Global Factor Opportunities ETF (NYSE Arca: VGFO), sub-advised by Wellington Management. William J. Smalley, head of product strategy and management, Virtus ETF Solutions, said: “The dynamic, multi-factor approach combines the benefits of smart beta and active risk management, representing the next generation of factor investing.”

Franklin Templeton adds multi-factor ETF to Liberty Shares suite

Franklin Templeton adds EM multi-factor ETF to LibertyShares suite

Franklin Templeton has added to its line-up of Europe-listed ETFs with the launch of the Franklin Templeton LibertyQ Emerging Markets UCITS ETF, tracking the performance of large- and mid-cap emerging markets stocks selected using a multi-factor approach. Vivek Kudva, head of EMEA and India at Franklin Templeton, said, “We think this new strategy can be utilised as a strategic and long-term allocation for those investors looking for an alternative way of accessing emerging markets as part of their diversified portfolio.”

BNP Paribas launches defensive European high yield bond ETF

BNP Paribas launches defensive European high yield bond ETF

BNP Paribas has launched a new ETF offering exposure to the European high yield corporate bond market while hedging against market downturns through the use of a protective put strategy.

Bernstein launches two ETFs based on in-house research

Research house Bernstein unveils debut ETFs

Sell-side research and brokerage firm Bernstein has waded into the ETF market with the launch of a pair of equity ETFs tracking global or US stocks selected based on the firm’s own proprietary research. Robert van Brugge, chairman and CEO of Bernstein said, “With these ETFs, investors can assess our insights directly at a competitive price and in a convenient format.”

Equities

Amundi lists distributing share class of Euro Stoxx 50 ETF on Xetra

Amundi lists distributing share class of Euro Stoxx 50 ETF on Xetra

Amundi has listed an income-distributing share class for its Amundi Euro Stoxx 50 UCITS ETF on Deutsche Börse’s Xetra and Frankfurt Exchanges. The new trading line complements the existing accumulating version currently listed on the Exchange.

Large flows into BlackRock’s US sector ETFs

Large flows recorded into BlackRock’s US sector ETFs

Significant inflows into three of BlackRock’s iShares US sector ETFs, those providing exposure to equities in the financials, information technology, and healthcare sectors, have been recorded over the last month.

Commodities

S&P DJI: Diwali gold buying may be the safest since 1996

S&P DJI: Diwali gold buying may be the safest since 1996

By Jodie Gunzberg, head of commodities indices, S&P Dow Jones Indices.

In light of the gold buying tradition for the upcoming Diwali festival in India, many might be wondering how valuable their gifts may be based on the price of gold. Several factors influence the price of gold that make timing gold as an investment difficult; however, now there might be upside potential for gold, especially since its volatility is so low.

BNP Paribas lists currency hedged commodity ETF on XETRA

BNP Paribas lists currency-hedged commodity ETF on Xetra

BNP Paribas has launched a currency-hedged commodity ETF, offering exposure to a diversified portfolio of futures contracts on energy and metal commodities, while hedging currency exposure between the US dollar and the euro.

Fixed Income

IndexIQ goes active with two municipal bond ETFs

IndexIQ goes active with two municipal bond ETFs

IndexIQ has begun its foray into the actively managed ETF space with the launch of two new funds targeting the municipal bond market. Salvatore Bruno, IndexIQ CIO, said: “We expect that these new products will allow more investors to gain the benefits of exposure to this complex, yet important, sector of the bond market.”

PowerShares Source rolls out new euro bond ETF in partnership with PIMCO

PowerShares rolls out eurozone HY bond ETF in partnership with PIMCO

Invesco PowerShares has unveiled a eurozone short-term high yield ETF to complement its existing $1.2 billion US-focused product. Launched in partnership with fixed income specialists PIMCO, the ETF is likely to appeal to investors who are seeking higher income than they can get from government or investment grade corporate bonds.

Alternatives / Multi-Asset

Lion Global and Phillips launch first Singapore REIT ETF

Lion Global and Phillip launch first Singapore REIT ETF

Lion Global Investors and Phillip Capital Management, two Singapore-based asset managers, have teamed up to launch the first ETF to focus entirely on Singapore real estate investment trusts (REITs). The Lion-Phillip S-REIT ETF will trade on the Singapore Exchange and will track the Morningstar Singapore REIT Yield Focus Index.

Nicolas Samaran, Head of Innovative Product Development at Invesco PowerShares

Invesco PowerShares launches Europe’s first preferred shares ETF

Invesco PowerShares has launched the first ETF in Europe to offer targeted exposure to preferred shares. The PowerShares Preferred Shares UCITS ETF (PFRD) is linked to the BofA Merrill Lynch Diversified Core Plus Fixed Rate Preferred Securities Index and has been listed on the London Stock Exchange. Nicolas Samaran, head of innovative product development at Invesco PowerShares, said: “With interest rates and bond yields at all-time lows, investors have really struggled to generate meaningful income. Preferred shares provide yields comparable to high-yield bonds, but from securities issued typically by more well-known companies.”

ETF and Index News

Jesper Koll, WisdomTree's head of Japan.

WisdomTree: Abe-Koike rivalry to bring supply-side reforms

By Jesper Koll, WisdomTree’s head of Japan.

Japan’s upcoming election is poised to usher in a new era of policy competition and political accountability. Structural reform in general, supply-side reform in particular, is poised to accelerate.

Principal launches two US single factor ETFs

Principal launches two US single factor ETFs

Iowa-headquartered Principal Financial has rolled out two new single factor ETFs, expanding the firm’s smart beta line-up of funds. The new launches target large- and mid-cap US equities with strong value and momentum characteristics.