Archive for July 2017

Deutsche cross-lists ‘core’ MSCI emerging markets ETF on SIX

Jul 31st, 2017 | By
Deutsche cross-lists five ETFs to SIX

Deutsche Asset Management has cross-listed the db x-trackers MSCI Emerging Markets Index UCITS ETF (XMME) on SIX Exchange. 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%.



Europe-listed ETFs/ETPs gather $10bn net inflows in June

Jul 31st, 2017 | By
Bond ETFs to reach $1.5 trillion by 2022, says BlackRock

Exchange-traded funds and exchange-traded products listed in Europe gathered $10.6 billion of net inflows during June 2017, bringing total assets under management within the European ETF/ETP industry to $686bn, according to ETF industry consultant ETFGI. The strong net gatherings marked the 34th consecutive month of positive net inflows for the region.



WisdomTree to acquire Canada-based ETF provider Questrade

Jul 31st, 2017 | By
WisdomTree to acquire ETF Securities’ European business

WisdomTree has announced that it has entered into an agreement to acquire Toronto-based asset manager Questrade Wealth Management. As part of the deal, WisdomTree Canada will acquire the right to manage Questrade’s eight ETFs which have approximately CAD $89 million in assets under management.



Fubon launches Hang Seng H-Share ETF in Taiwan

Jul 31st, 2017 | By
Fubon launches Hang Seng H-Share ETF in Taiwan

Taipei-headquartered Fubon Asset Management has launched the Fubon Hang Seng H-Share ETF (00700) on Taiwan Stock Exchange, providing access to the performance of mainland China enterprises listed in Hong Kong.



AUM in US-listed ETFs/ETPs rapidly approaching $3 trillion

Jul 29th, 2017 | By
European ETF AUM grows by record amount in January

Total assets under management in US-listed exchange-traded funds and exchange-traded products reached $2.973 trillion at the end of the first half of 2017, according to London-based ETF industry consultant ETFGI. ETFs/ETPs listed in the US gathered a record $46.6 billion net inflows in June, marking the 16th consecutive month of positive net new asset flows for the region.



BlackRock launches iShares diversified commodities ETF

Jul 27th, 2017 | By
BlackRock launches iShares diversified commodities ETF in London

BlackRock has launched the iShares Diversified Commodity Swap UCITS ETF (LON: ICOM), providing exposure to 20 different commodities from across the energy, agriculture, industrial metals, precious metals and livestock sectors. The fund may appeal to investors looking to diversify their portfolios at a time when the correlation between equities and bonds is rising.



VanEck expands ETF distribution to Denmark

Jul 27th, 2017 | By
VanEck expands ETF distribution to Denmark

VanEck has announced that its suite of UCITS ETFs is now registered for distribution in Denmark. Eduardo Escario, director, international business development at VanEck, commented: “We are committed to making our funds and services available to European investors, and registering our ETFs broadly allows us to respond to investors’ interests.” VanEck’s suite of UCITS ETFs includes an emerging markets bond ETF, two gold miners ETFs and a US equity ETF.



US equity ETFs boosted as S&P 500 hits all-time high

Jul 27th, 2017 | By
SPDR financials ETFs see large outflows, reports KBW

US large-cap equity ETFs have recorded gains recently as the S&P 500 Index hit intraday- and closing-high records on 25 July 2017. In a week where 180 of the index’s constituents are reporting their second-quarter results, several companies have delivered better-than-expected earnings, pushing the index to 2,477.08 at the close. ETFs tracking the index, such as the $19.3bn iShares Core S&P 500 UCITS ETF (LON: CSPX), have added around 10.7% so far in 2017.



JP Morgan launches new MBS agency index

Jul 27th, 2017 | By
Mortgage Property ETF REIT, Real Estate

JP Morgan has unveiled the JP Morgan MBS Agency Index (MAX), tracking the largest and most traded fixed-rate agency issues in the US mortgage-backed securities (MBS) market. The index is suitable as a benchmark in discretionary fund management or as an underlying reference index for index-linked investment products such as ETFs.



WisdomTree sizes up European dividend ETFs following rebalance

Jul 27th, 2017 | By
Nick Leung, research analyst at WisdomTree in Europe.

By Nick Leung, research analyst at WisdomTree in Europe.

WisdomTree’s European equity ETF strategies rebalanced in June. Emerging from the rebalance are stronger fundamentals against discounted valuations, which preserve the attractive yield and growth proposition of broad and small-cap dividends payers in Europe. Together, these diverse styles and strategies may allow investors to fine-tune their European exposure just as France’s pro-growth, pro-EU reform agenda reawakens investor appetite for the region.