Equities

WisdomTree predicts multi-year bull market in Indian equities

Sep 6th, 2017 | By
Equities India ETFs

By WisdomTree’s economic research team.

We recently spoke with Ridham Desai, who heads Morgan Stanley’s India Equity Research. Desai recently made headlines when he said “India’s market can triple in next five years.” We agree with Desai on his bullish outlook for India, and in our opinion India’s earning expansion and equity inflows will be propelled by two fundamental shifts in the economy.



Point Bridge to launch “make America great again” ETF

Sep 5th, 2017 | By
US Equity ETFs: US corporates can ride out eurozone crisis

Texas-based Point Bridge Capital is to launch the Point Bridge GOP Stock Tracker ETF (MAGA), whose ticker code stands for “make America great again”. The ETF will invest in companies that have employees or activities that support Republican party candidates for election to senior positions through donations.



Elkhorn to close suite of S&P mid-cap sector ETFs

Sep 5th, 2017 | By
Elkhorn to close suite of S&P mid-cap sector ETFs

Elkhorn Investments has announced its range of US mid-cap sector ETFs are to close. The nine funds track various sector-specific exposures derived from the S&P Midcap 400 Index using the sector definitions offered by Standard & Poor’s Global Industry Classification Standard (GICS).



Direxion to close 12 inverse & leveraged sector ETFs

Sep 4th, 2017 | By
Direxion to close 12 inverse & leveraged sector ETFs

Inverse and leveraged ETF provider Direxion has announced its decision to close and liquidate twelve funds, each providing investors with a targeted sector play. All but one of the funds scheduled for closure offer inverse exposure to their underlying index, indicating the effect the ongoing equities bull market has had on demand for bearish products.



Hamilton launches active US mid-cap financials ETF

Sep 4th, 2017 | By

Hamilton Capital is launching the actively managed Hamilton Capital US Mid-Cap Financials ETF (HFMU) on the Toronto Stock Exchange. As the name suggests, the fund will give exposure to US mid-size companies operating in the financial sector. The ETF will begin trading at market open on 5 September 2017.



Janus Henderson to close health and fitness ETF

Sep 1st, 2017 | By
Janus Health Fitness ETF

Janus Henderson has announced plans to close and liquidate the Health and Fitness ETF (Nasdaq: FITS) as a result of a market review of the firm’s product line-up.



First Asset launches unhedged Tech Giants ETF share class

Sep 1st, 2017 | By
First Asset launches unhedged Tech Giants ETF share class

First Asset Investment Management has launched a new share class of the First Asset Tech Giants Covered Call ETF (Toronto: TXF) which will trade under the ticker code TXF.B.



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.



First Asset launches international risk-weighted ETF

Aug 29th, 2017 | By
First Asset launches international risk-weighted ETF

First Asset Investment Management has launched the First Asset MSCI International Low Risk Weighted ETF on the Toronto Stock Exchange, providing exposure to a portfolio of low volatility equities from developed international countries.



Smart beta dividend ETFs avoid Provident Financial collapse

Aug 24th, 2017 | By
Quality UK dividend ETFs avoid Provident Financial collapse

Shares of subprime lender Provident Financial, a favourite of star fund manager Neil Woodford, have dived nearly 70% following a profit warning, the resignation of its CEO and the cancellation of its dividend. While the stock is held in many well-known equity income funds, including strategies from Invesco Perpetual’s Mark Barnett plus actively managed funds from Jupiter, Rathbones, M&G and Aberdeen, it is notably absent from the BMO MSCI UK Income Leaders UCITS ETF (ZILK) and SPDR S&P UK Dividend Aristocrats UCITS ETF (UKDV) – two smart beta ETFs that deploy rules-based screens to achieve dividend sustainability.