Latest news

Steffen Scheuble, CEO of Solactive

Solactive and UBS launch development bank bond indices

Solactive and UBS have launched the Solactive UBS Development Bank Bond Indices, a family of 36 total return indices tracking the performance of high-grade debt issued by the World Bank and other development banks. Steffen Scheuble, CEO of Solactive, said the indices “play a critical role in attracting capital to sustainable development.”

Sean O’Hara, president of Pacer ETF Distributors.

Pacer ETFs crosses $2bn AUM in under three years

Pacer ETFs has accumulated $2 billion in assets under management less than three years since the launch of its first ETF. “Our rapid growth rate is due, in part, to our unique series of ETFs,” said Sean O’Hara, president of Pacer ETF Distributors. “Reaching this milestone is possible due to the hard work and dedication of our team and our partners at S&P, Nasdaq, FTSE Russell, US Bank and Cboe.”

BlackRock has cross-listed three of its iShares ETFs on Xetra

Three new iShares ETFs cross-listed on Xetra

BlackRock has cross-listed three iShares ETFs onto Xetra. The new listings, which are not related, are traded in euros and offer access to global small-cap equities, companies operating in the automation and robotics industry, and a broadly diversified portfolio of commodity futures contracts.

March saw 27 new ETFs and 76 ETPs listed on the LSE.

Strong ETF listing activity recorded on LSE in March

The number of ETFs and ETPs listed on London Stock Exchange rose significantly in March, with 27 new ETFs and 76 ETPs added during the month. New listings on the exchange were provided by VanEck, UBS, Societe Generale, BlackRock, Lyxor and Deutsche Asset Management.

Morningstar reports strong growth in ETF Managed Portfolios AUM

Morningstar reports strong growth in ETF Managed Portfolios AUM

Investment research firm Morningstar has published the latest instalment of its ETF Managed Portfolios Landscape Report. The report, which covers the fourth-quarter of 2017, found that total AUM in the ETF managed portfolios segment increased by 7.0%, to $123.0 billion. Charles Schwab Investment Advisory holds the top spot with over $12.4bn in AUM across 15 strategies.

BNP Paribas launches two equity SRI ETFs

BNP Paribas launches two sustainability ETFs

BNP Paribas has launched two new ETFs providing exposure to European and Japanese equities with strong environmental, social, and corporate governance (ESG) characteristics. The new funds, which select constituents based on data from MSCI ESG Research are available to trade on Xetra and Börse Frankfurt.

Invesco launches new share class for its preferred shares ETF

Invesco introduces euro-hedged share class for US preferred shares ETF

Invesco has introduced a currency-hedged share class of its recently listed PowerShares Preferred Shares UCITS ETF, which provides exposure to preferred shares issued in the US. The new share class, which mitigates exchange rate risk between the US dollar and the euro, has been listed on Xetra and Börse Frankfurt.

Equities

Eastern Europe Hungary ETFs Expat Asset Management

Expat lists new single-country ETFs on Xetra

Bulgarian investment manager Expat Asset Management has introduced six new ETFs on Deutsche Börse’s Xetra and Frankfurt exchanges, offering investors exposure to the main stock indices of Croatia, Serbia, Macedonia, Slovenia, Hungary and Slovakia.

Global X Robotics & AI ETF passes $450m in assets one year after launch

Global X launches Autonomous & Electric Vehicles ETF

Global X has launched the Global X Autonomous & Electric Vehicles ETF (DRIV US) on Nasdaq, the sixth and latest addition to its thematic technology suite of ETFs. “Electric and autonomous vehicles are poised to have one of the most profound impacts on society since the industrial revolution, affecting a wide range of sectors in ways that we’ve only just begun to imagine,” said Jay Jacobs, director of research at Global X.

Fixed Income

Hartford Funds launches Schroders tax-aware bond ETF

Hartford Funds launches Schroders tax-aware bond ETF

Hartford Funds has launched the Hartford Schroders Tax-Aware Bond ETF (HTAB US) on NYSE Arca. Sub-advised by Schroder Investment Management North America, the actively managed ETF targets strong after-tax returns by investing in a diversified portfolio of taxable and tax-exempt bonds. Vernon Meyer, CIO, Hartford Funds, said, “Investors are seeking high quality fixed income solutions providing compelling after-tax returns at a competitive price.”

esg etfs environment emerging markets

JP Morgan partners with BlackRock on ESG bond indices

JP Morgan has unveiled three fixed income indices targeting the emerging markets universe, integrating environmental, social, and corporate governance (ESG) factors within their construction methodology. The launches mark the beginning of a wider venture, conceived in partnership with BlackRock, to introduce a suite of global bond indices revolving around sustainability.

Alternatives / Multi-Asset

Ian Hooper, director of Progeny Asset Management

Progeny launches multi-asset portfolio built with iShares ETFs

London-based Progeny Asset Management has launched the Optimised Passive Income 60/40 portfolio, a globally diversified multi-asset portfolio solution built exclusively using iShares ETFs. Ian Hooper, director of Progeny Asset Management, said the portfolio “offers a straightforward growth and yield solution that investors can tuck away for the long term.”

Volatility ETFs Horizons Covered Call

Option strategies in ETFs act as a buffer during volatile markets

By Horizons ETFs US.

As we move further into the remainder of the year, investors are taking a closer look at new strategies that can be used within portfolios that may help protect against potential drawdowns and possibly increase income in volatile environments. This new focus on protection and income have many looking at options and option strategies through the use of ETFs.

Commodities

First freight futures ETF launches

Breakwave Advisors, a US-based commodity trading advisor, has partnered with ETF Managers Group to launch the Breakwave Dry Bulk Shipping ETF (BDRY US). The NYSE Arca-listed ETF provides investors with exposure to a niche component of the commodities industry: dry bulk shipping space.

Uranium mining ETFs poised for re-rating

Global X Funds’ uranium ETF to adopt new index

New York-based ETF provider Global X Funds has announced that the Global X Uranium ETF (URA US) will transition to a new index, the Solactive Global Uranium & Nuclear Components Total Return Index. The new index is designed to reduce the fund’s exposure to smaller capitalisation stocks compared to its current index.

ETF and Index News

SSGA switches core US equity ETFs to in-house indices

SSGA migrates remaining SPDR ETFs to Euroclear’s international structure

State Street Global Advisors (SSGA) has completed the migration of its entire suite of Irish-domiciled SPDR ETFs to Euroclear’s international issuance structure. Euroclear’s model provides one place of settlement—an international central securities depository (ICSD) – bringing increased efficiency to a process that had previously only been supported by fragmented domestic market practices across Europe.

Direxion changes index for leveraged small cap ETF

Direxion launches 3x leveraged robotics, automation and AI ETF

Direxion has launched the Direxion Daily Robotics, Artificial Intelligence & Automation Index Bull 3X Shares (UBOT US) on NYSE Arca, providing triple leveraged exposure to an equity index composed of firms operating in the robotics and automation industry. Sylvia Jablonski, managing director at Direxion, commented, “The launch of UBOT allows traders to take a bold position in companies that are at the forefront of technology.”