Archive for March 2017

Solactive expands smart beta offering with two global infrastructure income indices

Mar 24th, 2017 | By
Solactive expands smart beta offering with two global infrastructure income indices

Solactive has launched two new indices in the infrastructure space, offering exposure to investable baskets of infrastructure companies from developed markets while screening for high dividend yield and low volatility. The Solactive Global Infrastructure High Income Index and the Solactive Global Infrastructure Income Index may serve as the basis for future investment products including ETFs.


BlackRock adds four iShares ETFs to US equity sector range

Mar 23rd, 2017 | By
ALPS ETF changes index behind equal sector weight ETF

BlackRock, the world’s largest asset management firm, has launched four new iShares ETFs on London Stock Exchange, building out their range of US equity sector funds. The new ETFs will target S&P 500 constituents in the consumer staples, industrials, materials and utility sectors. The launches bring the total number of iShares US sector funds to nine, following the launch of ETFs tracking the consumer discretionary, energy, financials, healthcare and information technology sectors in November 2015.


SPDR ETFs: Four picks for investors following Dutch election results & Fed rate rise

Mar 23rd, 2017 | By
Antoine Lesné, Head of EMEA Strategy & Research for SPDR ETF.

Following the Dutch election results and the Fed rate hike, Antoine Lesné, Head of SPDR ETF Strategy & Research, EMEA, comments on the options for investors. In summary, he says: Given the current investment backdrop, investors will likely seek defensive investment options within each asset class; Within sectors, European Financials, US Materials and Global Technology are tipped to outperform; and within fixed income, the Fed’s current rate outlook appears positive for local currency bonds.


Inverse Hang Seng ETF launched in Hong Kong

Mar 23rd, 2017 | By
Samsung launches Hong Kong's first REIT ETF

Hong Kong-based E Fund HK has launched the E Fund Yuanta Hang Seng Index Daily (-1x) Inverse ETF (HK: 7302). Launched in conjunction with Yuanta, Asia’s largest inverse ETF issuer, the ETF provides the inverse daily return of the Hang Seng Index, a reference for the 50 largest companies listed on the Hong Kong Stock Exchange.


BlackRock cross-lists iShares US equity sector ETFs on Xetra

Mar 23rd, 2017 | By
BlackRock brings flagship US equity style ETFs to Europe

BlackRock has cross-listed four iShares US equity sector ETFs on Deutsche Börse’s Xetra and Frankfurt Exchanges. The funds, launched earlier this week on London Stock Exchange, provide access to the consumer staples, industrials, materials and utilities sectors.


IISL launches six AAA-rated Indian corporate bond indices

Mar 23rd, 2017 | By
BlackRock launches Indian government bond ETF in Europe

India Index Services & Products Limited (IISL), a subsidiary of the National Stock Exchange of India, has launched a series of six AAA-rated corporate bond indices tracking the local Indian market. The indices may be used by asset managers seeking a benchmark that measures the risk-return dynamics of the Indian corporate bond market, as well as serving as reference indices to be tracked by future investment products such as ETFs.


Hartford Funds rolls out two actively managed fixed income ETFs

Mar 23rd, 2017 | By
Vernon Meyer, Chief Investment Officer of Hartford Funds.

Hartford Funds has launched two new actively managed exchange-traded funds, the Hartford Quality Bond ETF (NYSE: HQBD) and Hartford Corporate Bond ETF (NYSE: HCOR). Sub-advised by Wellington Management, the funds offer core US fixed income strategies within ETF wrappers. Vernon Meyer, Chief Investment Officer of Hartford Funds, commented: “By fusing our ETF capabilities with the investment skill of Wellington Management, we are looking to maximize the value Hartford Funds can offer to investors.”


Active Alts launches contrarian ‘short squeeze’ ETF

Mar 23rd, 2017 | By
Brad Lamensdorf, Founder of Active Alts

Active Alts has launched the Active Alts Contrarian ETF (Nasdaq: SQZZ), an actively managed ETF that pursues a contrarian ‘short squeeze’ strategy by investing in companies with solid fundamentals that have very large short positions. Brad Lamensdorf, Founder of Active Alts, commented: “Because of changing market conditions or smart management moves, highly shorted securities may have promising fundamentals, creating the potential for a profitable short squeeze.”


Smart beta equity ETFs reach new record AUM, reports ETFGI

Mar 22nd, 2017 | By
Smart beta equity ETFs reach new record AUM, reports ETFGI

ETFGI, a London-based ETF industry consultant, has reported that assets invested in smart beta ETFs/ETPs listed globally reached a new record high of $560 billion at the end of February 2017, up from $534bn at the end of the previous month. Record levels of assets were also reached for smart beta equity ETFs/ETPs listed in the US ($499bn), Europe ($39bn), Canada, (13bn) and Asia Pacific ex-Japan ($5bn).


European investors drawn to value ETFs as US bull run continues

Mar 22nd, 2017 | By
ETFs profit as global markets rebound in April

The iShares Edge MSCI USA Value Factor UCITS ETF (LON: IUVL) was Europe’s top selling ETF during February, suggesting investors are seeking to capitalise on the continuing US bull-run while avoiding companies with stretched valuations. The fund, which selects stocks that are relatively undervalued compared to their fundamentals, gathered over $600m during the month.