Derek Fulton CEO at First Trust Global Portfolios

Latest news

First Trust launches Europe’s first blockchain ETF

First Trust Global Portfolios has launched Europe’s first blockchain ETF, the First Trust Indxx Innovative Transaction and Process UCITS ETFs (BLOK LN), on the London Stock Exchange. Derek Fulton, CEO at First Trust Global Portfolios, said: “We are pleased to bring to market this innovative UCITS ETF – BLOK. With an increasing number of institutions harnessing blockchain technology and applications spanning a wide range of industries, we believe the efficiency, auditability and transparency provided by blockchain offers the potential for significant growth opportunities.”

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Latest news

Blanca Koenig, fixed income strategist at Deutsche Wealth Solutions.

DWS cuts fees on euro cash and US Treasury ETFs

DWS has reduced the fees charged on five of its Xtrackers-branded ETFs. The funds include four US Treasury ETFs and a euro cash deposit rate tracker.

“We are making our US Treasuries and EUR cash offering even more attractive for our clients at a time when, particularly with increased volatility, investors are trading more fixed income exposures using ETFs,” said Blanca Koenig, fixed income strategist at DWS.

satrix nasdaq 100 jse etf launch

Satrix launches first Nasdaq 100 ETF on JSE

Satrix Managers, the first company to launch an ETF in South Africa, has brought to market a new fund offering access to the well-known, tech-heavy US Nasdaq 100 Index.

ESG Small-Cap sustainable etfs

BlackRock adds US small-caps to iShares ESG ETF suite

BlackRock has expanded its range of socially responsible ETFs with the launch of the iShares MSCI USA Small-Cap ESG Optimized ETF (ESML US) on Cboe Global Markets. The fund provides exposure to US small-cap stocks which have been screened for strong environmental, social and corporate governance (ESG) characteristics.

VanEck launches actively managed real asset allocation ETF

VanEck launches actively managed real asset allocation ETF

VanEck has unveiled the VanEck Vectors Real Asset Allocation ETF (RAAX US) on NYSE Arca. The actively managed fund seeks to provide an inflation-hedge and a play on global growth through exposure to a range of real asset investments.

SSGA enters fee war with ultra-low-cost SPDR Portfolio ETFs

SSGA cross-lists global aggregate bond ETF onto SIX Swiss Exchange

State Street Global Advisors has cross-listed the SPDR Barclays Global Aggregate Bond UCITS ETF on SIX Swiss Exchange. The ETF provides investors with low cost, globally diversified fixed income exposure, and has been listed with several currency-hedged share classes.

CICC KraneShares CSI China Internet Index ETF is now listed on SEHK.

CICC and Krane launch China internet ETF

China International Capital Corporation and Krane Funds Advisors have launched their first joint ETF, the CICC KraneShares CSI China Internet Index ETF. Listed on the Hong Kong stock exchange, the ETF offers investors exposure to Chinese internet companies.

VanEck cross-lists two high-yield bond ETFs

VanEck cross-lists two high-yield bond ETFs on Xetra

VanEck has cross-listed two high-yield fixed income ETFs onto Xetra: the VanEck Vectors Emerging Markets High Yield Bond UCITS ETF (HY3M GY) and the VanEck Vectors Global Fallen Angel High Yield Bond UCITS ETF (GFEA GY). The funds debuted on the London Stock Exchange last month.

Equities

Deutsche launches two new quality-focused high-dividend ETFs

Deutsche launches two new quality-focused high-dividend ETFs

Deutsche Asset Management, part of newly listed DWS Group, has unveiled two new Xtrackers ETFs offering exposure to high-dividend-paying quality stocks. The funds, which target US and global equity markets, have been listed on Deutsche Börse and the London Stock Exchange.

Japan equity indices slide on BoJ policies and Brexit fears

ETFs for Japan’s ongoing turnaround

The Japanese market has come a long way since the so-called ‘lost decade,’ a period of severe economic stagnation for the country, following the Nikkei 225 index’s plunge from its all-time high of 38,957 in the winter of 1989. Investors seeking to benefit from the country’s ongoing turnaround have a multitude of interesting ETFs to choose from.

Fixed Income

Amanda Rebello, head of passive distribution, UK and Ireland, at Deutsche Asset Management.

Strategic beta strategy closes the gap between investment grade and high-yield ETFs

By Amanda Rebello, head of passive distribution, UK and Ireland, at Deutsche Asset Management.

Despite the wide choice of indices of sufficient market size available to bond investors, many are faced with a dilemma. Investment grade corporate bond indices combine superb liquidity with the security of a respectable credit rating, while high-yield corporates offer significantly higher returns, albeit with noticeably higher risk. So what are the alternatives?

iShares launches new target-maturity bond ETF

BlackRock expands suite of iShares target-maturity bond ETFs

BlackRock has rolled out a new target-maturity fixed-income ETF in the US – the iShares iBonds Dec 2024 Term Muni Bond ETF (IBMM US) – holding investment-grade US municipal bonds maturing between 1 January 2024 and 2 December 2024.

Alternatives / Multi-Asset

ETFs remain buoyant despite two months of outflows

ETFs see outflows as investors trim equity exposure

Investors continued to trim equity exposure in March as the US-listed ETF industry experienced its second consecutive month of outflows ($1.7bn) – the first time since 2008 that US-listed ETFs had back-to-back months of outflows.

Amplify to Liquidate Amplify YieldShares Oil-Hedged MLP Income ETF

Amplify to liquidate oil-hedged MLP income ETF

Amplify ETFs has announced the upcoming liquidation of the Amplify YieldShares Oil-Hedged MLP Income ETF (AMLX US).

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

Khalid Al Hussan, Chief Executive Officer of Tadawul

Saudi Arabia promoted to ‘Emerging’ status by FTSE Russell

FTSE Russell has promoted Saudi Arabia to Secondary Emerging Market status. As a consequence, the country will now be added to the FTSE Emerging Index, underlying reference to Vanguard’s sizeable EM ETFs, with a projected overall weighting of roughly 2.7%. Khalid Al Hussan, chief executive officer of Tadawul, said the promotion “marks a significant moment in the development of our [Saudi Arabia’s] capital markets.”

Stéphane Boujnah, Chief Executive Officer and Chairman of the Managing Board of Euronext

Euronext completes the acquisition of the Irish Stock Exchange

Euronext has completed its takeover of the Irish Stock Exchange, having acquired 100% of the shares and voting rights and receiving regulatory approval. Stéphane Boujnah, CEO and chairman of Euronext, said: “Euronext is uniquely positioned to welcome independent exchanges such as the Irish Stock Exchange, now Euronext Dublin.”