Alternatives / Multi-Asset

SPDR ETFs: Four principles for building your core portfolio

Oct 25th, 2017 | By
SPDR ETFs: Four principles for building your core portfolio

By Matthew J. Bartolini, head of SPDR Americas research, State Street Global Advisors.

A strong, flexible portfolio depends heavily on how assets are allocated in its core. That’s because the core is the largest part of a portfolio, and research has long shown that asset allocation decisions explain over 90% of the variance in portfolio returns. And today’s low return expectations make building an ultra-low cost, diversified core more important than ever so that costs don’t erode your investment returns.

IndexIQ cuts fees for hedge fund ETF

Oct 24th, 2017 | By
Bermstein: Exponential rise in indices spells death of benchmarking

IndexIQ has reduced the management fee charged for its IQ Hedge Multi-Strategy Tracker ETF (NYSE Arca: QIA) from 0.75% to 0.53%. Including the acquired fund fees, the total expense ratio will now be 0.76%, effective 1 November 2017.

Lion Global and Phillip launch first Singapore REIT ETF

Oct 3rd, 2017 | By
Lion Global and Phillips launch first Singapore REIT ETF

Lion Global Investors and Phillip Capital Management, two Singapore-based asset managers, have teamed up to launch the first ETF to focus entirely on Singapore real estate investment trusts (REITs). The Lion-Phillip S-REIT ETF will trade on the Singapore Exchange and will track the Morningstar Singapore REIT Yield Focus Index.

Invesco PowerShares launches Europe’s first preferred shares ETF

Oct 3rd, 2017 | By
Nicolas Samaran, Head of Innovative Product Development at Invesco PowerShares

Invesco PowerShares has launched the first ETF in Europe to offer targeted exposure to preferred shares. The PowerShares Preferred Shares UCITS ETF (PFRD) is linked to the BofA Merrill Lynch Diversified Core Plus Fixed Rate Preferred Securities Index and has been listed on the London Stock Exchange. Nicolas Samaran, head of innovative product development at Invesco PowerShares, said: “With interest rates and bond yields at all-time lows, investors have really struggled to generate meaningful income. Preferred shares provide yields comparable to high-yield bonds, but from securities issued typically by more well-known companies.”

Evolve Funds files prospectus for Canada’s first bitcoin ETF

Sep 29th, 2017 | By
Evolve files prospectus for Canada’s first bitcoin ETF

Evolve Funds has filed a preliminary prospectus with the Canadian securities regulator to list the country’s first bitcoin ETF. The Evolve Bitcoin ETF (BITS) is designed to provide Canadian investors with exposure to the world’s first decentralised currency.

Unpredictability in the air for Germany ETFs after election

Sep 27th, 2017 | By
German election results likely to have muted impact on ETFs

The results from Germany’s election are in and Angela Merkel’s centre-right coalition remains the largest force in parliament. But with the two largest parties recording their worst result since the 1940s and the far-right Alternative for Germany (AfD) party enjoying considerable support, the political direction of Germany has an added air of unpredictability. How has all this affected markets and, in turn, what’s been the impact on ETFs linked to German equities and bonds?

RBC launches seven new ETFs on NEO Exchange

Sep 21st, 2017 | By
RBC launches seven new ETFs

RBC Global Asset Management has launched seven ETFs on the Aequitas NEO Exchange. The new ETFs track indices provided by FTSE Russell and Citi, and feature exposure to fixed income and equities in Canada, the US and globally.

UBS launches currency-hedged US multifactor ETF on SIX

Sep 8th, 2017 | By
UBS launches currency-hedged US multifactor ETF on SIX

UBS has listed three share classes of the UBS MSCI USA Select Factor Mix ETF on Switzerland’s SIX Exchange, providing currency-hedged multifactor exposure to US equities. The three share classes offer investors the choice of currency hedging between the US dollar and sterling, euros, or swiss francs.

Commerzbank cross-lists multi-asset ETF to SIX Exchange

Aug 30th, 2017 | By
Commerzbank cross-lists multi-asset ETF to SIX Exchange

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.

Short USD ETF flows jump as hopes of Trump bump slump

Aug 22nd, 2017 | By
Short USD ETF flows jump as hopes of Trump bump policies slump, reports ETF Securities

ETF Securities has reported a rise in flows into its short US dollar ETFs in its latest weekly flows analysis for the week starting 14 August 2017. Morgane Delledonne, fixed income strategist at ETF Securites, identified the unclear commitments of Trump’s administration around pro-growth policies as the driver behind the flows.