All entries by this author

BNP Paribas launches two sustainability ETFs

Apr 23rd, 2018 | By
BNP Paribas launches two equity SRI ETFs

BNP Paribas has launched two new ETFs providing exposure to European and Japanese equities with strong environmental, social, and corporate governance (ESG) characteristics. The new funds, which select constituents based on data from MSCI ESG Research, the world’s largest provider of ESG ratings, are available to trade on Xetra and Börse Frankfurt.



Invesco launches new share class for its preferred shares ETF

Apr 23rd, 2018 | By
Invesco launches new share class for its preferred shares ETF

Invesco has launched a currency-hedged share class of its recently listed PowerShares Preferred Shares UCITS ETF, which provides exposure to preferred shares issued into the US market. The new share class, which mitigates exchange rate risk between the US dollar and the euro, has been listed on Xetra and Börse Frankfurt.



Direxion launches 3x leveraged robotics, automation and AI ETF

Apr 23rd, 2018 | By
Direxion changes index for leveraged small cap ETF

Direxion has launched the Direxion Daily Robotics, Artificial Intelligence & Automation Index Bull 3X Shares (UBOT US) on NYSE Arca, providing triple leveraged exposure to an equity index composed of firms operating in the robotics and automation industry. Sylvia Jablonski, managing director at Direxion, commented, “The launch of UBOT allows traders to take a bold position in companies that are at the forefront of technology.”



Global X launches Autonomous & Electric Vehicles ETF

Apr 20th, 2018 | By
Global X Robotics & AI ETF passes $450m in assets one year after launch

Global X has launched the Global X Autonomous & Electric Vehicles ETF (DRIV US) on Nasdaq Exchange. The fund provides exposure to companies involved in the production of electric vehicles, hybrid vehicles and the development of self-driving technology. “Electric and autonomous vehicles are poised to have one of the most profound impacts on society since the industrial revolution, affecting a wide range of sectors in ways that we’ve only just begun to imagine,” said Jay Jacobs, director of research at Global X.



Research Affiliates launches RAFI ESG strategy

Apr 20th, 2018 | By
Vitali Kalesnik, PhD, Partner and Head of Equity Research at RA

Smart beta specialists Research Affiliates has launched a new index suite combining its trademark Research Affiliates Fundamental Index (RAFI) methodology with metrics for environmental, social and corporate governance (ESG) screening. “We wanted to deliver a transparent, broadly diversified, and customizable ESG strategy without sacrificing returns,” said Vitali Kalesnik, partner and head of equity research at Research Affiliates.



First Trust launches Europe’s first blockchain ETF

Apr 13th, 2018 | By
Derek Fulton CEO at First Trust Global Portfolios

First Trust Global Portfolios has launched Europe’s first blockchain ETF, the First Trust Indxx Innovative Transaction and Process UCITS ETFs (BLOK LN), on the London Stock Exchange. Derek Fulton, CEO at First Trust Global Portfolios, said: “We are pleased to bring to market this innovative UCITS ETF – BLOK. With an increasing number of institutions harnessing blockchain technology and applications spanning a wide range of industries, we believe the efficiency, auditability and transparency provided by blockchain offers the potential for significant growth opportunities.”



BlackRock launches distributing share class for Euro Stoxx 50 ex-financials ETF

Apr 12th, 2018 | By
iShares launches ETF on LSE and Xetra

BlackRock has launched a distributing share class for the iShares Euro Stoxx 50 ex-Financials UCITS ETF on Deutsche Börse and London Stock Exchange. The fund tracks the Euro Stoxx 50 ex-Financials Index, which is created by stripping financials out of the widely followed Euro Stoxx 50 Index.



Evolve launches actively managed bond ETF on NEO

Apr 11th, 2018 | By
Raj Lala, President and CEO of Evolve ETFs

Evolve Funds has launched the Evolve Active Core Fixed Income ETF on the Aequitas NEO Exchange. The actively managed fund, sub-advised by Foyston, Gordon & Payne, invests primarily in high-quality Canadian fixed income securities. Raj Lala, president and CEO of Evolve ETFs, said, “The Evolve Active Core Fixed Income ETF addresses investors’ need for fixed income strategies which help mitigate market risk and lower volatility in their investment portfolios. ”



VanEck lists multi-factor emerging markets ETF in Australia

Apr 10th, 2018 | By
VanEck head of Asia Pacific Arian Neiron

VanEck Vectors has launched a smart beta emerging markets ETF – the VanEck Vectors MSCI Multifactor Emerging Markets Equity ETF (EMKT AU) – on the Australian Securities Exchange. Arian Neiron, head of Asia Pacific, VanEck Vectors, said, “The index EMKT tracks is a rules-based smart beta strategy that has a strong history of outperformance compared to the benchmark MSCI Emerging Markets Index.”



Invesco completes its acquisition of Guggenheim’s ETF business

Apr 9th, 2018 | By
Dan Draper, global head of ETFs at Invesco

Invesco has completed its acquisition of Guggenheim Investments’ ETF division. The deal follows the company’s recent acquisition of ETF provider Source, and makes Invesco the fourth largest ETF provider globally with ETF AUM over $215bn. Dan Draper, global head of ETFs at Invesco, commented, “We’re excited to add Guggenheim Investments’ complementary ETF business to our existing robust range of factor, smart beta, fixed income and equal weight ETFs.”