Archive for February 2014
Feb 10th, 2014 |
By Simon Smith, CFA
Deutsche Asset & Wealth Management (DeAWM) is to create a range of low cost, physically replicated exchange-traded funds linked to the DAX, FTSE 100, EuroStoxx 50, and MSCI USA indices, featuring total expense ratios of just 0.09% per annum. Reinhard Bellet, DeAWM’s Head of Passive Asset Management, said: “With this range of low TER ETFs we aim not just to enhance our offering to current investors, but also to broaden our investor base. The combination of low TERs, intraday liquidity, visibility and transparency offered by our ETFs should make them appeal to an even wider cross-section of the investor community.”
Posted in Equities |
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Tags: DAXglobal, Equities, ETF Industry News, ETF Launch, Europe, FTSE, MSCI, STOXX
Feb 10th, 2014 |
By Simon Smith, CFA
Global ETF/ETP assets fell by 3.2% to $2.32 trillion in January 2014 based on negative market performance and net outflows of $7.6 billion, according to preliminary findings from ETFGI’s January 2014 Global ETF and ETP industry insights report. “Concerns about economic uncertainty and unrest in emerging markets, a fear that US stocks are over bought and uncertainty over the impact of Fed tapering caused investors to take net outflows of $7.6 billion from ETFs/ETPs in January 2014”, said Deborah Fuhr, Managing Partner at ETFGI.
Posted in ETF and Index News |
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Tags: Barclays, Commodities, Equities, ETF and Index News, ETF Industry News, First Trust, Fixed Income, iShares, MSCI, S&P Dow Jones, SSGA SPDR, Vanguard
Feb 6th, 2014 |
By Simon Smith, CFA
Amundi ETF, the exchange-traded funds division of asset management giant Amundi, has expanded its lineup of ETFs with the launch of the Amundi ETF Russell 2000 UCITS ETF (RS2K) on the NYSE Euronext in Paris. The fund is linked to the Russell 2000, a leading index of US small capitalisation stocks. Valérie Baudson, Global Head of ETF and Indexing at Amundi, commented: “This new ETF is another example of our commitment to launch competitively-priced products and offers a new allocation brick for US equities.”
Posted in Equities |
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Tags: Amundi, Equities, ETF Industry News, ETF Launch, Europe, Russell Indexes, United States and Canada
Feb 6th, 2014 |
By Simon Smith, CFA
iShares, the exchange-traded fund business of investment giant BlackRock, has launched three new currency hedged ETFs designed to reduce the impact of currency fluctuations on returns when investing in foreign countries. Daniel Gamba, Head of iShares Americas Institutional Business at BlackRock, said: “Today’s volatile global currency rates are causing investors with international portfolios to pay closer attention to how they can manage currency fluctuations. iShares Currency Hedged ETFs offer an efficient and cost-effective solution in a single transaction, so investors don’t have to manage complex currency hedging strategies.
Posted in Equities |
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Tags: Asia Pacific, Currencies, Equities, ETF Industry News, ETF Launch, Europe, Global, iShares
Feb 6th, 2014 |
By Simon Smith, CFA
WisdomTree, a leading provider of exchange-traded funds, has announced the launch of the WisdomTree Bloomberg Floating Rate Treasury Fund (USFR), an ETF providing exposure to floating rate notes issued by the US Treasury. The new fund, which has been listed on the NYSE Arca and is linked to the Bloomberg US Treasury Floating Rate Bond Index, represents an effective way for investors to help reduce their exposure to rising interest rates while generating income payments that are backed by the full faith and credit of the US government.
Posted in Fixed Income |
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Tags: Bloomberg Indexes, ETF Industry News, ETF Launch, Fixed Income, United States and Canada, WisdomTree
Feb 6th, 2014 |
By Simon Smith, CFA
Thanks to their non-complex structure, transparency and low costs, exchange-traded funds (ETFs) have managed to weather the financial crisis and see their assets consistently grow year after year. As at end of November 2013, global ETF assets reached $2,211 billion, $457 billion up from end of December 2012, according to data from ETFGI, a London-based consultancy. The US was the driving force behind this increase with $365 billion, while the European ETF market grew by a more modest $57 billion (ETFGI data).
Posted in ETF and Index News |
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Tags: Commodities, Equities, ETF Industry News, Europe, Fixed Income