Archive for May 2017
May 26th, 2017 |
By George Watson
The Investment Company Institute (ICI), an association of US investment companies, has released research showing that average US-listed ETF fees have been on a downward trend in recent years. The report also shows that as a proportion of all US assets invested, the market share of assets in ETFs has grown from 3.3% in 2005 to 27.2% at the end of 2016.
Posted in ETF and Index News |
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Tags: Equities, ETF and Index News, ETF Industry News, Fixed Income, S&P Dow Jones, United States and Canada
May 26th, 2017 |
By George Watson
Legg Mason and its affiliate ClearBridge Investments have teamed up for the launch of two new actively managed, environmental, social and governance (ESG)-focused ETFs: the ClearBridge Large Cap Growth ESG ETF (LRGE) and the ClearBridge Dividend Strategy ESG ETF (YLDE), both listed on the NASDAQ exchange.
Posted in Equities |
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Tags: Active ETFs, Equities, ESG & Climate, ETF and Index News, ETF Industry News, ETF Launch, High Income, Legg Mason, Russell Indexes, S&P Dow Jones, Themes and Strategy, United States and Canada
May 26th, 2017 |
By George Watson
Vanguard, the world’s largest mutual fund manager and second-largest largest ETF provider, has launched a wholly-owned subsidiary in China called Vanguard Investment Management (Shanghai) Limited. Structured as a wholly foreign-owned enterprise (WFOE), the new entity will enable Vanguard to bring its investment philosophy to Chinese investors. Vanguard has $4.2 trillion in assets under management, with some $715 billion invested in US-listed ETF assets as of 23 May 2017.
Posted in ETF and Index News |
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Tags: Asia Pacific, China, Emerging and Frontier, ETF Industry News, Vanguard
May 25th, 2017 |
By George Watson
Cambia Investment Management has launched the Cambira Core Equity ETF (NYSE Arca: CCOR) which actively manages a diversified portfolio of US equities and US equity options. Meb Faber, Cambria’s chief investment officer, said: “The Cambria Core Equity ETF fits in well with the growing lineup of innovative ETF solutions for various types of investors, both individual and institutional, that Cambria has already launched.”
Posted in Equities |
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Tags: Active ETFs, Equities, ETF Industry News, ETF Launch, United States and Canada, Volatility
May 24th, 2017 |
By George Watson
Low volatility strategies have gained significant traction in Europe, fuelled by investors looking to reduce risk in volatile markets. In a new research paper, which analyses the growing popularity of such strategies, Morningstar estimates that they have racked up €27 billion of net flows since 2012, with total assets under management reaching €40bn as of year-end 2016. A decent chunk of these assets are held in ETFs, with iShares’ European-domiciled minimum volatility suite, for example, housing some €4 billion in AUM alone. But are they good investments?
Posted in Equities |
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Tags: Emerging and Frontier, Equities, ETF and Index News, ETF Industry News, Europe, iShares, MSCI, Smart Beta, United States and Canada, Volatility
May 24th, 2017 |
By George Watson
Solactive and B-BRE have launched the Solactive – B-BRE Tel Aviv 125 Low Volatility High Dividends Index, used as the underlying index for a new IBI fund trading on the Tel Aviv stock exchange. The index tracks the performance of 25 shares from the TA-125 Index, the most widely used market capitalisation benchmark index of the Tel Aviv stock exchange, selected for their high dividend and low volatility characteristics.
Posted in Equities |
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Tags: Emerging and Frontier, Equities, ETF and Index News, ETF Industry News, ETF Launch, High Income, Invesco, S&P Dow Jones, Smart Beta, Solactive, Volatility
May 24th, 2017 |
By George Watson
On 24 May, Moody’s downgraded China’s long-term local currency and foreign currency issuer ratings to A1 from Aa3 and changed the outlook from stable to negative. This comes on the back of efforts by Chinese authorities to reduce a build-up of debt, after becoming concerned about financial sector stability and asset price bubbles. With short-term uncertainty around China on the rise, what can ETF investors expect in the years ahead?
Posted in Alternatives / Multi-Asset |
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Tags: Amundi, Asia Pacific, China, Currencies, Emerging and Frontier, Equities, ETF and Index News, ETF Securities, iShares, MSCI
May 23rd, 2017 |
By George Watson
Invesco Powershares has launched a smart beta factor strategy ETF, based on S&P 500 constituents, on the London Stock Exchange. The PowerShares S&P 500 QVM UCITS ETF (LON: PQVM), which will also list on other European exchanges, employs a multi-factor approach using quality, value and momentum to allocate to companies from the S&P 500. Nicholas Samaran, head of product development, EMEA, PowerShares, said: “A multi-factor methodology helps focus on specific factors but avoids the potential challenges of choosing and timing factors”.
Posted in Equities |
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Tags: Equities, ETF and Index News, ETF Industry News, ETF Launch, Invesco, Smart Beta, United States and Canada
May 23rd, 2017 |
By George Watson
ETF provider VanEck Vectors has expanded its presence in Europe with the cross listing of four ETFs on the Borsa Italiana. Philipp Schlegel, international business development at VanEck, said: “Within recent years, Borsa Italiana has recorded a significant rise in average daily ETF trades on the Italian stock exchange. By listing our ETFs on Borsa Italiana, we are responding to investor demand for access to local trading.”
Posted in ETF and Index News |
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Tags: Commodities, Emerging and Frontier, Equities, ETF and Index News, ETF Industry News, Fixed Income, Gold and Precious Metals, Morningstar, United States and Canada, VanEck Vectors
May 23rd, 2017 |
By George Watson
Nearly half of all asset owners now have an allocation to smart beta, according to the latest annual smart beta survey from index provider FTSE Russell. Forty-six percent of asset owners now use smart beta, marking the highest adoption rate since the survey’s inception in 2014. This is up from 36% in 2016 and 26% in 2015, with a further 25% currently evaluating smart beta but with no allocation at present. The outlook for smart beta continues to look positive, too, with 76% of respondents planning to increase their allocation within the next 18 months.
Posted in Equities |
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Tags: Asia Pacific, Equities, ETF and Index News, ETF Industry News, Europe, FTSE, Global, High Income, Smart Beta, United States and Canada, Volatility