Archive for February 2018

Ossiam cross-lists smart beta corporate bond ETF on Deutsche Börse

Feb 28th, 2018 | By
Ossiam cross-lists smart beta corporate bond ETF on Deutsche Börse

Ossiam has cross-listed the Ossiam Solactive Moody’s Analytics IG EUR Select Credit ETF (OSXF GY) on Deutsche Börse. This new smart beta fixed income ETF, which debuted on Euronext Paris on 15 February 2018, invests in a portfolio of euro-denominated investment grade corporate bonds, seeking to maximise total return while maintaining a low credit risk profile.



ProShares reduces VIX ETFs’ exposures following volatility blow-up

Feb 28th, 2018 | By
ProShares VIX ETFs reduce exposures following volatility blow-up

ProShares has reduced the degree of exposure underlying its two VIX-related ETFs following rapid, large swings in the products’ values during the equity market sell-off in early February.



ETFs not to blame for market sell-off, says new Fed Chair

Feb 28th, 2018 | By
Fed Chair Jerome Powell

“ETFs were not at the heart of the market decline”, said new Fed Chair Jerome Powell during his testimony to the House Financial Services Committee on Tuesday. In February, markets had the worst week since January 2016, and the eighth worst since 2008. The S&P 500 Index, underlying reference of the $275bn SPDR S&P 500 ETF (SPY US), fell 10% between 26th January and 8th February. Powell was asked to respond to a WSJ article which suggested that the close correlation between sectors during that period of volatility was driven by the growing popularity of ETFs.



Smart beta ETFs record two years of consecutive monthly inflows

Feb 28th, 2018 | By
Meet the next generation of ETFs: Smart Alpha

January 2018 marked the twenty-fourth consecutive month of net inflows into smart beta ETFs and ETPs (hereafter ETFs), reports ETF industry consultants ETFGI. According to the firm’s monthly report detailing flows into smart beta ETFs listed globally, assets invested in smart beta ETFs rose by a record $37.8bn during January to bring total assets under management for the segment to a new high of $696bn.



Brompton Funds to convert healthcare and tech funds to ETFs

Feb 28th, 2018 | By
Brompton Funds Healthcare Technology ETFs

Canada-based Brompton Funds has announced that its Global Healthcare Income & Growth Fund and Tech Leaders Income Fund will convert from closed-end investment funds into ETFs, as of 3 April 2018.



Deutsche to introduce quality screen to Euro Stoxx dividend ETF

Feb 28th, 2018 | By
Deutsche to introduce quality screening to euro STOXX dividend ETF

Deutsche Asset Management has announced changes to the underlying index for the Xtrackers Euro Stoxx Select Dividend 30 UCITS ETF (XD3E LN) to a new reference that includes a quality screen in its selection of eurozone dividend-paying stocks.



JP Morgan cross-lists UCITS ETFs onto Deutsche Börse

Feb 27th, 2018 | By
JP Morgan cross-lists all UCITS ETFs onto Deutsche Börse

JP Morgan Asset Management (JPMAM) has cross-listed its European-listed UCITS ETFs onto Deutsche Börse, comprising two passive bond ETFs and three actively managed ETFs. “We are pleased to be partnering with Deutsche Börse as we launch into the German market for the first time with our initial European ETF offering,” said Christoph Bergweiler, head of Germany, Austria, Central and Eastern Europe and Greece at JPMAM.



Franklin Templeton lists ETFs on SIX Swiss Exchange

Feb 27th, 2018 | By
Franklin Templeton lists ETFs on SIX Swiss Exchange

Franklin Templeton has extended its reach into Europe by cross-listing five smart beta ETFs on the SIX Swiss Exchange. The ETFs, targeting global, US, or European equities, are part of the Franklin Liberty Shares range and consist of multi-factor and quality income strategies. They are already available on the London Stock Exchange, Deutsche Börse and Borsa Italiana.



Assets in Japan-listed ETFs reach record highs

Feb 26th, 2018 | By
Tokyo ETFs

Assets invested in ETFs and ETPs listed in Japan reached a record high of $295 billion at the end of January 2018, surpassing the previous record of $276bn set at the end of 2017, according to ETF industry consultants ETFGI.



Tel Aviv stock exchange launches six new bond indices

Feb 26th, 2018 | By
TASE launches six new bond indices

The Tel Aviv Stock Exchange (TASE) has expanded its Tel-Bond range of corporate bond index family with a further six new indices. Four of the indices are ratings-based and two are sector-based.