Archive for June 2017

Guggenheim changes name of actively managed $1bn enhanced short duration ETF

Jun 30th, 2017 | By
Guggenheim changes name of actively managed $1bn enhanced short duration ETF

Guggenheim Investments has changed the name of the Guggenheim Enhanced Short Duration ETF to the Guggenheim Ultra Short Duration ETF. The actively managed fund, which has over $1.1 billion in assets under management, will keep its ticker symbol (NYSE Arca: GSY). William H. Belden, managing director and head of ETF business development for Guggenheim Investments, said: “GSY can be used for tactical cash positions to deliver potentially greater return than cash as well as liquidity for non-immediate needs.”



Lyxor launches two multi-factor income ETFs

Jun 30th, 2017 | By
Adam Laird, head of ETF strategy, Northern Europe, Lyxor

Lyxor has launched two new multi-factor smart beta ETFs, providing exposure to US and UK equities, that give investors exposure to the quality, low volatility and high dividend factors. Each fund has a total expense ratio of 0.19%, pricing the funds as some of the lowest cost income-based ETF strategies available in Europe. Adam Laird, head of ETF strategy, Northern Europe, Lyxor, commented: “Particularly in this environment of low yields, the lower charges on ETFs mean more of the dividend goes to the investor.”



TrimTabs launches international free cash flow ETF

Jun 30th, 2017 | By
BlackRock lists euro-hedged global aggregate bond ETF on Xetra

New York-based investment manager TrimTabs Asset Management has launched the TrimTabs All Cap International Free-Cash-Flow ETF (Bats: TTAI), an actively managed fund investing in non-US developed market stocks that are both generating free cash flow, reducing their share count without the use of leverage, and maintaining healthy balance sheets.



Assets in Europe-listed ETPs reach new record high

Jun 30th, 2017 | By
European-listed ETFs/ETPs reach new record high

ETFGI has reported that assets invested in ETFs and ETPs listed in Europe have reached a new record high of $682 billion at the end of May 2017, up 3.7% from the $658bn seen at the end of the previous month. The report goes on to say that assets invested in Europe-listed ETFs/ETPs have increased by 19% from $572bn year-to-date.



ClearShares launches actively managed multi-asset ETF

Jun 30th, 2017 | By
Elliott Wislar, CEO of Clearbrook Global Advisors

US-based Clearbrook Global Advisors has launched their exchange-traded fund platform ClearShares with the introduction of the ClearShares OCIO ETF (NYSE: OCIO). OCIO is an ETF of ETFs, offering access to an actively managed, diverse portfolio of passive index‐based ETFs and actively managed ETFs.



Citi expands WGBI and onshore China bond index suites

Jun 29th, 2017 | By
Citi expands WGBI and onshore China bond index suites

Citi has introduced several new additions to its flagship Citi World Government Bond Index (WGBI) family and its Onshore Chinese Bond Index family.



IndexIQ launches five multi-factor ESG ETFs

Jun 28th, 2017 | By
Nuveen launches new ESG bond ETF

IndexIQ has launched five new ETFs that employ an environmental, sustainable and governance (ESG) filter to screen potential securities and then a smart beta multi-factor methodology to weight the selected constituents. The suite includes three equity and two bond (sovereign and corporate) ETFs listed on the Euronext Paris Exchange.



ETFs to benefit from FCA call for fee transparency

Jun 28th, 2017 | By
ETFs to benefit from FCA call for fee transparency

The Financial Conduct Authority (FCA) has called for greater fee transparency in the asset management industry as part of a package of remedies to address concerns highlighted by a recent market study. The move is expected to increase demand for low cost, transparent products, such as ETFs, by bringing to light hidden charges contained within many actively managed funds.



Virtus launches enhanced short US equity ETF

Jun 28th, 2017 | By
Bear Market Short Inverse

Virtus ETF Solutions has launched the Virtus Enhanced Short US Equity ETF (NYSE: VESH), a rules-based fund providing short exposure to large- and mid-cap US equities while increasing its short exposure to sectors exhibiting weak relative strength. VESH may appeal to investors who have a bearish view of the US market or those who wish to tactically hedge the US equity exposure in their portfolios.



Deutsche launches ‘core’ MSCI emerging markets ETF

Jun 27th, 2017 | By
New Solactive EM consumer technology index to underlie KraneShares ETF

Deutsche Asset Management has launched the Xtrackers MSCI Emerging Markets Index UCITS ETF (XMME) on London Stock Exchange and Deutsche Börse. Introduced as part of Deutsche’s ‘core’ range of ETFs – low cost, diversified funds designed to act as foundational building blocks for portfolio construction – the fund comes with a price tag of just 0.20%.