Equities

SPY roars past $300bn, days before 25th anniversary

Jan 25th, 2018 | By
Jim Ross, chairman of global SPDR business

Assets invested in the SPDR S&P 500 ETF (SPY US), the world’s largest exchange-traded fund, have roared past $300 billion just days before the twenty-fifth anniversary of its launch on the American Stock Exchange. Jim Ross, chairman of the global SPDR business, said, “For SPY to reach $300bn in assets just days before the twenty-fifth anniversary of its first day of trading is very special and a testament to the fund’s unmatched resiliency and versatility along with the increased acceptance of passive investing.”



Solactive partners with Deutsche to launch volatility-optimised European sustainability index

Jan 25th, 2018 | By
Solactive partners with Deutsche to launch European sustainability index

Solactive, an index provider, has teamed up with Deutsche Bank to launch a volatility-optimised European equity sustainability index. Timo Pfeiffer, Head of Research at Solactive, commented: “The Solactive Sustainability Index Europe allows investors to gain access to ESG-compliant companies, while minimising the overall portfolio risk, achieved thanks to volatility optimisation.”



Amplify launches actively managed blockchain ETF

Jan 24th, 2018 | By
Amplify ETFs launches actively managed blockchain ETF

Amplify ETFs, the firm founded by ETF entrepreneur Christian Magoon, has launched the Amplify Transformational Data Sharing ETF (BLOK US) on NYSE Arca, providing actively managed exposure to global companies leading research and investment into blockchain-based and other distributed-ledger technologies.



Smart beta usage up but more education needed, finds FTSE Russell

Jan 24th, 2018 | By
Rolf Agather, managing director of North America research, FTSE Russell

Smart beta strategies are becoming a growing part of the asset allocation schemes of financial advisors and wealth managers, according to a survey from index provider FTSE Russell. Rolf Agather, managing director of North America research at FTSE Russell, said, “The results of our second smart beta advisor survey show that there is continued and growing popularity of smart beta strategies among retail advisors. There is also a significant opportunity for growth in the wealth market but more education is needed.”



KraneShares launches thematic ETF tracking electric vehicle industry

Jan 24th, 2018 | By
KraneShares launches thematic ETF tracking electric vehicle industry

KraneShares, a New York-based China-focused ETF issuer, has launched the KraneShares Electric Vehicles and Future Mobility ETF (KARS US) on NYSE Arca, providing thematic exposure to the fast-growing electric vehicle industry and the technologies shaping the future of transportation.



ETF Securities launches three disruptive technology thematic ETFs

Jan 23rd, 2018 | By
ETF Securities launches three thematic technology ETFs

ETF Securities has expanded its thematic offering with the launch of three global equity ETFs providing targeted exposure to disruptive technologies in the healthcare, energy storage and commerce industries. The ETFs have been listed on the London Stock Exchange and are part of the issuer’s ‘Future Present’ line-up. Howie Li, CEO of Canvas, ETF Securities’ UCITS platform, commented, “These new additions to our technology range address exciting facets of changes in healthcare, energy storage and commerce.”



Fidelity launches pair of factor-based international equity ETFs on NYSE

Jan 23rd, 2018 | By
Fidelity launches smart beta ETFs targeting international equities

Fidelity Investments has expanded its smart beta ETF offering in the US with the introduction of a pair factor-based international equity ETFs on NYSE Arca. The funds track in-house indices and provide exposure to high-dividend and value stocks.



ROBO ETF passes $2bn AUM

Jan 22nd, 2018 | By
ROBO ETF passes $2bn

The ROBO Global Robotics & Automation Index ETF (ROBO US) has crossed the $2 billion threshold, having doubled its assets under management in the last five months. 



Hang Seng launches China new economy index

Jan 20th, 2018 | By
Hang Seng launches China new economy index

Hang Seng Indexes has launched the Hang Seng SCHK New Economy Index, reflecting the performance of Chinese ‘new economy’ equities that are accessible through the southbound trading link of the Stock Connect Hong Kong (SCHK) schemes.



Redwood launches active ETF exploiting behavioural biases

Jan 19th, 2018 | By
Peter Shippen, president and chief executive officer of Redwood Asset Management.

Toronto-based Redwood Asset Management has launched the Redwood Behavioural Opportunities Fund (BHAV CN) on Aequitas NEO Exchange in Canada, an actively managed ETF that seeks to identify and profit from irrational, emotionally driven investor decisions. “While the study of behavioural finance is not new, Canadians have until this point not had a widely accessible vehicle to capitalize on the collective effects of investors’ emotional mistakes,” said Peter Shippen, president & CEO of Redwood.