Alternatives / Multi-Asset

IndexIQ releases top trends and insights for 2017

Jan 17th, 2017 | By
IndexIQ launches multifactor US small cap ETF

IndexIQ’s research team, including Adam Patti (pictured), CEO and Sal Bruno, CIO, have released its top five insights for market trends during 2017. The team notes that equity market volatility is likely to rise, divergent Central Bank policies may increase uncertainty for foreign exchange movements, and investors are likely to further shift assets into commodities. The firm also believes the ETF industry will continue to attract impressive amounts of net new assets with smart beta fixed income exposures being noted as a particularly strong avenue for growth.

Nuveen launches US short-term REIT ETF

Dec 22nd, 2016 | By
Nuveen launches US short-term REIT ETF

Nuveen, an operating division of TIAA Global Asset Management, has launched the NuShares Short-Term REIT ETF (Bats: NURE), offering exposure to US-listed real estate investment trusts (REITs) whose operations typically involve shorter lease durations. Short-term REITS, including those managing apartment buildings, hotels, self-storage facilities, and manufactured home properties, have historically outperformed the broad US listed REIT universe in times of rising interest rates.

WisdomTree: ETF asset allocations for a President Trump world

Dec 4th, 2016 | By
Nizam Hamid , ETF strategist at WisdomTree in Europe.

By Nizam Hamid, Head of Europe Sales, WisdomTree.
“In a nutshell, we believe a Trump victory – especially coupled with a Republican Congress – is very good for US mid-cap, US small-cap and overseas markets, such as Japan, that are sensitive to a strong USD/ weak domestic currency. Shortly after the US election results, the market began to immediately discount expected policy changes next year that will likely lead to a pro-growth economic agenda. That agenda includes cuts in individual and corporate tax rates, increased spending on defence and infrastructure, and a rollback on regulations.”

Trump win catches ETF investors out as risk assets climb

Nov 29th, 2016 | By
Nick Leung, research analyst at WisdomTree in Europe.

By Nick Leung, Research Analyst at WisdomTree:

“Donald Trump’s surprise victory in the US Presidential election caught many ETF investors out, as risk assets surprised to the upside and safe havens routed in the aftermath. WisdomTree’s Boost range of short and leveraged exchange traded notes has revealed that investors trying to protect themselves against an expected post-Trump sell-off actually missed out on further gains in US equities, which now sit at fresh record highs following upward moves of 3.0%.”

Goldman Sachs ETF to track most widely held US equities of hedge funds

Nov 3rd, 2016 | By
Goldman Sachs launches hedge fund strategy ETF

Goldman Sachs Asset Management (GSAM) has unveiled an exchange-traded fund which tracks the 50 US equities that are most recurring in the top 10 positions across a wide range of US-based hedge funds. The ETF thereby provides investors with a cost efficient means of accessing the highest-conviction ideas of some of the best managers in the hedge fund industry. Michael Crinieri, Head of ETF Strategies at GSAM, commented: “We’re thrilled to be able to package these high conviction investment ideas from a broad array of professional investors into a cost effective, tax-efficient and convenient ETF wrapper.”

Source launches European real estate ETF on Deutsche Börse

Oct 10th, 2016 | By
Source launches real estate ETF on Deutsche Börse

European ETF provider Source has launched the Source GPR Real Estate Europe UCITS ETF (REES) on Deutsche Börse’s Xetra and Frankfurt exchanges. Tracking the Global Property Research 75 Liquid Developed Europe Real Estate Index, the ETF gives investors access to the performance of 75 leading real estate companies or REITs listed in Europe, including those operating in the office, residential, retail, industrial, healthcare and diversified property segments.

Hartford Funds launches multi-factor REIT ETF

Oct 4th, 2016 | By
Harvest Portfolios lists global REIT income leaders ETF

US-based Hartford Funds has launched the industry’s first exchange-traded fund to apply a multi-factor smart beta weighting strategy to real estate investment trusts. The NYSE-listed Lattice Real Estate Strategy ETF (NYSE: RORE) selects and weights US REITs with the strongest quality, momentum and value characteristics. “The launch of RORE is a natural extension of Hartford Funds’ strategic beta ETF platform,” said Darek Wojnar, Head of Exchange-Traded Funds at Hartford Funds. “The strategy focuses exclusively on REITs and may be a compelling solution for investors interested in taking advantage of the growing opportunities in the real estate sector.”

UK REIT and Financial ETFs still at risk post Brexit vote?

Sep 26th, 2016 | By
UK REIT and Financial ETFs still at risk post Brexit?

According to a recent statement from the Bank of England, the UK may still face a “challenging period of uncertainty and adjustment” in the wake of the Brexit referendum. The Bank’s Financial Policy Committee said that although immediate capital market volatility has calmed down since June, there remain elevated risks, such as the threat of a “sharp adjustment” in the commercial property market and the danger that foreign investors could divest from the UK. UK property ETFs such as the iShares UK Property UCITS ETF (LON: IUKP) are down roughly 10% year-to-date.

JP Morgan targets hedge fund strategies in first active ETF launch

Sep 15th, 2016 | By
JP Morgan introduces unconstrained fixed income ETF

JP Morgan Asset Management has introduced its first alternative and actively managed exchange-traded fund. The JP Morgan Diversified Alternatives ETF (NYSE: JPHF) provides investors with diversified exposure to hedge fund strategies including equity long/short, event driven and global macro strategies. Robert Deutsch, Head of ETFs for JP Morgan Asset Management, commented: “In the past, alternative investments have been an exclusive option only accessible by a small portion of investors; however, JPHF now makes these investment vehicles available to a wider array of investors.”

New GICS real estate sector to impact financials ETFs

Sep 5th, 2016 | By
Creation of official GICS real estate sector to change MSCI- and S&P-linked ETFs

Index providers MSCI and S&P Dow Jones Indices have created a new sector for real estate within the Global Industry Classification Standard (GICS) framework, elevating its position from an Industry Group within the Financials sector. The creation of this new sector will affect investors in Financials sector ETFs linked to MSCI and S&P DJI indices globally, with changes scheduled for 16 September. Different approaches are being taken by ETF issuers in how they deal with the reclassification.