Archive for January 2016
Jan 25th, 2016 |
By James Lord, CFA
Assets under management in the European exchange traded fund sector rose 24% last year to €467.4bn, according to investment research firm, Morningstar, who back industry predictions that foresee AUM hitting the €1tn mark by 2020.
Morningstar’s 2015 ETF flows report looks at the dynamics of the European ETF market last year, finding that a combination of the region’s strongest annual net inflows coupled with a combined capital appreciation of €19.6bn across asset classes helped boost the industry.
Posted in ETF and Index News |
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Tags: China, Commodities, DWS Xtrackers, Emerging and Frontier, Equities, ETF and Index News, ETF Industry News, Europe, Fixed Income, iShares, Lyxor, Morningstar
Jan 25th, 2016 |
By James Lord, CFA
Asset manager Invesco has expanded its services into the robo-advisor space with the acquisition of Jemstep, a digital platform specialising in providing online tailored investment advice to financial advisors. Investors using Jemstep will complete a personal questionnaire regarding their investment goals, risk tolerance and time frame. The robo-advisor will then use an algorithm to form portfolios based on each client’s specific requirements.
Posted in ETF and Index News |
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Tags: Equities, ETF and Index News, ETF Industry News, Fixed Income, Invesco, Themes and Strategy, United States and Canada
Jan 25th, 2016 |
By James Lord, CFA
BMO Wealth Management, the fund management division of the Canadian-headquartered bank, has expanded its suite of investment services available to Canadian Investors with the launch of SmartFolio. The service requires a minimum investment of CAD 5,000 and uses a questionnaire to determine the user’s investment goals and risk tolerance. The investor is then assigned to one of five ETF-based portfolios most closely suiting their objectives.
Posted in ETF and Index News |
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Tags: BMO, Commodities, Equities, ETF and Index News, ETF Industry News, Fixed Income, Themes and Strategy, United States and Canada
Jan 25th, 2016 |
By James Lord, CFA
iShares, the world’s largest exchange-traded fund provider, has increased its range of country-specific ETFs domiciled in Europe with the launch of the iShares TA-25 Israel UCITS ETF (TASE LN). The ETF will track the TA-25 index, which offers exposure to the top 25 largest firms listed on the Tel Aviv Stock Exchange (TASE) while using a single holding cap of 10% to prevent over-concentration in any single company. It is rebalanced twice a year.
Posted in Equities |
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Tags: Equities, ETF and Index News, ETF Industry News, ETF Launch, iShares, Themes and Strategy
Jan 25th, 2016 |
By James Lord, CFA
iShares, the exchange-traded fund division of the world’s largest asset manager BlackRock, has become the second ETF issuer since November to announce the de-listing of a fund from NYSE Arca and transfer to the BATS ETF Marketplace. The iShares MSCI Eurozone ETF (EZU) will be re-listed with BATS Global Markets, the Kansas-headquartered exchange, on or around 2 February 2016. The move comes swiftly after ProShares, a provider of specialist ETFs, withdrew four funds during December 2015 from the New York exchange in favour of the incentives offered through the BATS trading model.
Posted in ETF and Index News |
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Tags: Currencies, Equities, ETF and Index News, ETF Industry News, Europe, iShares, MSCI, ProShares, United States and Canada
Jan 25th, 2016 |
By James Lord, CFA
BATS Global Markets, a leading electronic stock exchange group, has announced three new listings from exchange traded fund provider iShares, reflecting a growing interest in BATS as the top exchange for US ETF trading. The new additions bring the total number of ETFs offered by iShares on BATS to 30. iShares also announced it will be switching its $13.7bn iShares MSCI Eurozone ETF (EZU) from its current listing on the NYSE Arca to BATS on or around 2 February 2016. BATS Exchanges accounted for 25.7% of all ETF trading in the US during last December.
Posted in ETF and Index News |
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Tags: Currency-hedged, Equities, ETF and Index News, ETF Industry News, ETF Launch, Europe, iShares, Japan, MSCI, United States and Canada
Jan 25th, 2016 |
By James Lord, CFA
European exchange traded fund provider Source has announced that Fidelity FundsNetwork (FFN) will list its PIMCO Sterling Short Maturity Source UCITS ETF (QUID LN) on its online investment platform. The fund, which as of 11 January 2016 had over £120m in assets under management, is the first actively managed ETF to be listed by FFN.
Posted in Alternatives / Multi-Asset |
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Tags: Active ETFs, Currencies, ETF and Index News, ETF Industry News, ETF Launch, Europe, Fidelity Investments, Fixed Income, Pimco, Source, United Kingdom, United States and Canada
Jan 25th, 2016 |
By James Lord, CFA
London-based exchange-traded fund consultancy ETFGI has announced that the global ETF/exchange traded product industry attracted $372.0bn in net new assets over the course of 2015. This is the largest annual gathering of net new assets, having surpassed the previous record of $338.3bn set in 2014.
Posted in ETF and Index News |
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Tags: Barclays, Commodities, DWS Xtrackers, Equities, ETF and Index News, ETF Industry News, ETFGI, Europe, Fixed Income, iShares, Japan, MSCI, SSGA SPDR, United States and Canada
Jan 25th, 2016 |
By James Lord, CFA
Californian asset manager Franklin Templeton Investments has filed papers with regulators signifying its intention to launch four equity exchange-traded funds with smart beta investment themes. Details within the filings indicate that the new funds, which will be part of the firm’s ‘LibertyQ’ range, will track rules-based indices calculated by MSCI.
Posted in Alternatives / Multi-Asset |
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Tags: Currency-hedged, Equities, ETF and Index News, ETF Industry News, ETF Launch, Franklin Templeton, Goldman Sachs, High Income, High Yield, John Hancock, Legg Mason, MSCI, Smart Beta, United States and Canada
Jan 25th, 2016 |
By James Lord, CFA
iShares, the largest global exchange-traded fund provider by assets under management, has strengthened its range of fixed income ETFs with the launch of the iShares Euro Corporate Bond BB-B UCITS ETF (BBEB LN). The fund offers euro-denominated exposure to over 200 high yield corporate bonds with credit ratings between BB+ and B-.
Posted in Fixed Income |
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Tags: ETF and Index News, ETF Industry News, ETF Launch, ETFGI, Europe, Fixed Income, High Income, High Yield, iShares, Markit