Archive for August 2017

Clearbrook rings NYSE closing bell to highlight OCIO ETF launch

Aug 31st, 2017 | By
ClearShares OCIO ETF

Members of New York-based Clearbrook Global Advisors – Elliott Wislar, CEO and Thomas Deegan, COO – have rung the NYSE closing bell to mark the launch of the ClearShares OCIO ETF (NYSE Arca: OCIO).



WisdomTree: How to use ETPs to manage equity risk

Aug 31st, 2017 | By
Nizam Hamid , ETF strategist at WisdomTree in Europe.

By Nizam Hamid, ETF strategist, WisdomTree in Europe.

The European macro-economic backdrop for equities has remained positive with a renewed focus on stronger underlying growth, and limited political risk compared to the first part of 2017. However, as recent market events have shown there is every reason for investors to consider efficient tools to help manage overall portfolio risk.



GAMCO Investors licenses ActiveShares ETF structure

Aug 31st, 2017 | By
Mario J. Gabelli, Chairman and CEO of GAMCO.

Gabelli Asset Management Company (GAMCO) Investors has entered into a license agreement with Precidian Investments to support the launch by GAMCO of a family of ActiveShares actively-managed, semi-transparent ETFs. “The ActiveShares structure gives [GAMCO] access to a new set of investors as the actively-managed ETF market grows,” said Mario J. Gabelli, Chairman and CEO of GAMCO. “Our agreement with Precidian adds another tax-efficient structure for delivery of our strategies.”



IndexIQ adjusts fees on a range of ETFs

Aug 31st, 2017 | By
IndexIQ adjusts fees on a range of ETFs

New york-based asset manager IndexIQ has changed the expense ratios on ten of its ETFs, lowering the fees charged on four of its funds but surprisingly nudging up the costs of six ETFs.



Turner Investments to acquire ETF issuer Elkhorn Capital

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

Turner Investments has announced that it has reached a definitive agreement with Elkhorn Funds’ Board of Trustees to acquire Illinois-based ETF provider Elkhorn Capital. The acquisition, which is not conditioned on shareholder approval, is expected to close in the next few weeks.



Vanguard planning US total corporate bond ETF of ETFs

Aug 30th, 2017 | By
Vanguard cross-lists Euro Stoxx 50 ETF to SIX

Vanguard has filed a preliminary registration statement with the Securities and Exchange Commission for the Vanguard Total Corporate Bond ETF which is due to be launched in the fourth quarter of this year. The fund will offer investors access to the entire US investment-grade corporate bond market by investing in other Vanguard ETFs.



ETF Securities: Agriculture ETPs standout during summer doldrums

Aug 30th, 2017 | By
ETF Securities: Agriculture ETPs standout during summer doldrums

London-based ETF Securities has reported that flows into its commodity ETPs were subdued over the week ending 25 August 2017 with James Butterfill, head of research and investment strategy, noting the summer doldrums have taken a toll on the volume of flows. The exception has been ETPs tracking agricultural products which collectively recorded $17m in net inflows.



Amplify ETFs announces changes to YieldShares Prime 5 Dividend ETF

Aug 30th, 2017 | By
Horizons launches actively managed hedged US dividend yield ETF

Amplify ETFs, the sponsor of the income-oriented YieldShares brand of funds, has announced significant changes to the investment objective, index, name and ticker of the Amplify YieldShares Prime 5 Dividend ETF (Bats: PFV).



Commerzbank cross-lists multi-asset ETF to SIX Exchange

Aug 30th, 2017 | By
Commerzbank launches STOXX Europe 600 ETF on Deutsche Börse

Commerzbank has cross-listed the ComStage Vermögensstrategie (asset strategy) UCITS ETF onto Switzerland’s SIX Exchange. The passively-managed multi-asset ETF offers investors a one-ticket portfolio solution by investing in a broadly diversified mix of asset classes.



ETF Managers Group to close HealthTech ETF

Aug 30th, 2017 | By
Healthcare Technology ETFs

White-label ETF platform ETF Managers Group has announced it has decided to close the ETFMG ETFx HealthTech ETF (Nasdaq: IMED) based on an ongoing review of market demand. Effective immediately, IMED will increase its cash holdings in contemplation of liquidation and will no longer accept creation orders.