Archive for May 2015

Former Head of PowerShares lists Elkhorn S&P 500 Capital Expenditures ETF

May 31st, 2015 | By
Former Head of PowerShares lists Elkhorn S&P 500 Capital Expenditures ETF

Elkhorn Investments, the research-based investment solutions provider, has announced the listing of the Elkhorn S&P 500 Capital Expenditures ETF (CAPX) on the Nasdaq exchange. “We are pleased to receive a license from S&P Dow Jones Indices for the S&P 500 Capex Efficiency Index, bringing the first capital expenditures (capex) ETF to market,” said Ben Fulton, Founder and CEO of Elkhorn Investments and former Managing Director of Global ETFs at Invesco PowerShares. “Capex is the reinvestment of resources back into a business and a key driver of future growth. The importance of capital expenditures has been widely overlooked in today’s market.”



Nomura launches two currency hedged JPX-Nikkei 400 ETFs on LSE

May 28th, 2015 | By
Japan-listed ETFs/ETPs record $4bn net inflows during July

Nomura, a Japan-based global investment firm, has announced the launch of two new currency-hedged exchange-traded funds on the London Stock Exchange, the Nomura JPX-Nikkei 400 Daily EUR-Hedged UCITS ETF (NXJE LN) and the Nomura JPX-Nikkei 400 Daily USD-Hedged UCITS ETF (NXJU LN). Both funds track the return on the JPX-Nikkei 400 Total Return Index, while mitigating the risk of a depreciation of the Japanese yen against the euro and US dollar respectively.