Archive for October 2014

UBS unveils socially responsible UK equity ETF

Oct 31st, 2014 | By
Andrew Walsh, head of passive and ETF specialist sales UK & Ireland

UBS Global Asset Management has unveiled its sixth socially responsible exchange-traded fund. The fund, which has been listed on the London Stock Exchange, is linked to the MSCI UK IMI Extended SRI Index and provides exposure to UK companies with outstanding sustainability credentials. Andrew Walsh, Head of UBS ETF Sales UK & Ireland, said: “With this UK market-focused SRI listing, we continue in our commitment to offering ETFs which enable investors to access those companies which meet rigorous environmental, social and corporate governance standards in an easy to access structure.”



ETF Securities teams up with Robo-Stox for global robotics ETF

Oct 27th, 2014 | By
ETF Securities teams up with Robo-Stox for global robotics ETF

ETF Securities, a leading provider of exchange-traded funds, has partnered with Robo-Stox, a creator of indices tracking the robotics and automation industry, to launch the Robo-Stox Robotics and Automation GO UCITS ETF (ROBO) on the London Stock Exchange. Howie Li, Co-Head of Canvas, ETF Securities, said: “This investment solution will provide investors with a global portfolio of listed robotics and automation companies that capture activity from both emerging and established organisations that are highly diversified across countries, sectors and market capitalisation.”



Source lists Eurozone banks ETF on LSE

Oct 27th, 2014 | By
PowerShares Source rolls out new euro bond ETF in partnership with PIMCO

Source, a leading European provider of exchange-traded funds, has listed a dedicated Eurozone banks ETF on the London Stock Exchange. The ETF provides exposure to banks within the Eurozone and is optimised to reduce exposure to illiquid stocks. The optimisation process applies various filters including a liquidity factor and a variable individual stock weight cap to produce a more representative and tradable sector benchmark. Michael John Lytle, Chief Development Officer at Source, said: “For investors who want to increase their exposure to Eurozone banks, this ETF provides the opportunity to gain access quickly and efficiently.”



WisdomTree makes European debut with launch of dividend-weighted ETFs on LSE

Oct 24th, 2014 | By
Boost launches leveraged volatility and emerging markets ETPs on Borsa Italiana

WisdomTree, the fifth largest sponsor of exchange-traded funds in the US, has announced the launch of its European UCITS ETF platform. In keeping with its reputation as a pioneer of smart beta ETFs, the sponsor has debuted with the listing of four dividend-weighted ETFs. Listed on the LSE, the ETFs provide exposure to large and small-cap US and European equities. Nik Bienkowski, Co-CEO of WisdomTree Europe, said: “We are extremely proud to be launching WisdomTree’s first UCITS ETFs in Europe. WisdomTree is founded on well-built indices, insightful research and a track record of innovation.”



Deutsche AWM lists equity factor ETFs on LSE

Oct 24th, 2014 | By
Deutsche Asset Management expands fixed income smart beta suite with new emerging markets ETF

Deutsche Asset & Wealth Management (Deutsche AWM) has listed a range of strategic beta exchange-traded funds on the London Stock Exchange that provide investors with exposure to established equity factors: value, quality, momentum and low beta. Martin Weithofer, head of strategic beta at Deutsche AWM, commented: “Factor-based investing is moving from being a niche investment practice into the mainstream, and the launch of our strategic beta ETFs puts us in a strong position to meet this growing demand.”



Thomson Reuters launches smart beta quality income index for Asia Pacific ex-Japan region

Oct 22nd, 2014 | By
Thomson Reuters launch smart beta quality income index for Asia Pacific ex-Japan

Financial data vendor Thomson Reuters has launched the Thomson Reuters StarMine Quality Earners APAC ex-Japan Income Index, a new smart beta index tracking the most sustainable earning and high dividend-yielding companies in Asia Pacific excluding Japan. Stephan Flagel, Head of Indices for Thomson Reuters, commented: “Using our StarMine Earnings Quality model, not only can we identify the top earners at each point in time, but we can also tell which of these companies are the most reliable and likely to persist in being profitable.”



SSgA unveils world’s first passive global convertible bond ETF

Oct 16th, 2014 | By
SSGA rolls out 10 SPDR MSCI World Sector ETFs on Euronext London

State Street Global Advisors has announced the launch of the SPDR Thomson Reuters Global Convertible Bond UCITS ETF (ZPRC), the world’s first passive global convertible bond ETF. The fund, which has been listed on the Deutsche Börse, aims to offer investors cost-efficient and transparent exposure to the unique risk-return profile of this asset class. Alexis Marinof, head of SPDR EMEA, said: “Convertible bonds have exhibited historically lower correlations to traditional equity and bond markets, and typically will have lower sensitivity to interest rate changes than normal bonds which makes them a great portfolio diversifier.”



Source, Ashmore partner to launch actively managed EM bond ETFs

Oct 7th, 2014 | By
Source and Goldman Sachs expand range of smart beta ETFs

Source, one of Europe’s leading providers of exchange-traded funds, and Ashmore, the specialist emerging markets investment manager, have partnered to launch a pair of ETFs that offer actively managed exposure to emerging market bonds. Michael John Lytle, Chief Development Officer at Source, commented: “Ashmore is one of the very few managers solely dedicated to emerging markets and with a very long and successful track record. Investors will now be able to access their expertise in active management while benefiting from the intra-day trading, liquidity and increased transparency of Source’s ETF structure.”



iShares launches factor ETF series

Oct 7th, 2014 | By
First Trust rolls out European smart beta ETFs to Swiss Exchange

iShares, the exchange-traded fund platform of BlackRock, has unveiled a series of “factor” ETFs designed for investors seeking to express more distinct views on specific drivers of risk and return. The funds, which have been listed on the London Stock Exchange and Deutsche Börse, further expand BlackRock’s “smart beta” offering, targeting sources of return which cannot be isolated through traditional market capitalisation weighted indices. Each fund provides access to global equity markets and seeks to offer targeted exposure to a specific factor that has historically provided enhanced risk adjusted returns: value, size, quality and momentum.



Amundi targets $100bn in ETF and indexed AUM

Oct 2nd, 2014 | By
ETF satisfaction at very high levels, according to EDHEC-Risk Institute

Amundi has affirmed its ambition to double assets under management in its exchange-traded fund and indexing business in the next three years. The Paris-headquartered asset manager is targeting its passive expertise as one of the core axes of its development strategy, with the aim of reaching $100 billion in ETF and indexed AUM by 2017. Valérie Baudson, Global Head of ETF & Indexing at Amundi, said: “Our ETF and indexing business has demonstrated dynamic growth, having attracted net flows of some $6 billion since the beginning of the year. We are now in the process of speeding up this progress”.