ETF and Index News

JP Morgan makes ETF debut on SIX

Apr 18th, 2018 | By
Bryon Lake, international head of ETFs, JP Morgan Asset Management.

JP Morgan Asset Management has made its ETF debut in Switzerland with the cross-listings of four products on SIX Swiss Exchange. Bryon Lake, head of international ETFs at JP Morgan commented, “In developing our ETF business, we are seeking to make JP Morgan Asset Management’s acknowledged, long-established expertise available in the ETF domain.”

ITI Funds cross-lists two Russia ETFs on MOEX

Apr 15th, 2018 | By
Short interest in Russian ETFs declines as economic conditions improve

ITI Funds, the ETF issuing arm of emerging markets specialist Da Vinci Capital Management, has cross-listed two of its Russia focused ETFs on Moscow Stock Exchange (MOEX). The two ETFs – an equity fund and a bond fund – were first listed on London Stock Exchange on 22 February of this year.

DWS cuts fees on euro cash and US Treasury ETFs

Apr 12th, 2018 | By
Blanca Koenig, fixed income strategist at Deutsche Wealth Solutions.

DWS has reduced the fees charged on five of its Xtrackers-branded ETFs. The funds include four US Treasury ETFs and a euro cash deposit rate tracker.

“We are making our US Treasuries and EUR cash offering even more attractive for our clients at a time when, particularly with increased volatility, investors are trading more fixed income exposures using ETFs,” said Blanca Koenig, fixed income strategist at DWS.

Satrix launches first Nasdaq 100 ETF on JSE

Apr 12th, 2018 | By
satrix nasdaq 100 jse etf launch

Satrix Managers, the first company to launch an ETF in South Africa, has brought to market a new fund offering access to the well-known, tech-heavy US Nasdaq 100 Index.

Prudential enters the ETF arena with ultra-short bond fund

Apr 11th, 2018 | By
Stuart Parker, president and CEO of PGIM Investments.

Prudential Global Investment Management (PGIM) has brought its first ETF to market with the launch of the PGIM Ultra Short Bond ETF (PULS US) on NYSE Arca. PULS is an actively managed fund which provides exposure to a diversified portfolio of ultra-short fixed income securities. Stuart Parker, president and CEO of PGIM Investments. “The actively managed ETF market, while small, has seen steady growth. Entering this market is a natural next step to expand our product range.”

Pacer ETFs launches thematic fund tracking veteran-friendly firms

Apr 10th, 2018 | By
Pacer ETFs Military Times Best Employers ETF Launch

Pacer ETFs has introduced the Pacer Military Times Best Employers ETF (VETS US), a new thematic fund tracking US-listed firms that support training and professional development of military veterans, service members and their families.

CICC and Krane launch China internet ETF

Apr 9th, 2018 | By
CICC KraneShares CSI China Internet Index ETF is now listed on SEHK.

China International Capital Corporation and Krane Funds Advisors have launched their first joint ETF, the CICC KraneShares CSI China Internet Index ETF. Listed on the Hong Kong stock exchange, the ETF offers investors exposure to Chinese internet companies.

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.”

Purpose Investments launches three actively managed ETFs

Apr 5th, 2018 | By
Som Seif, President and Chief Executive Officer of Purpose

Purpose Investments has launched three actively managed ETFs on the Toronto Stock Exchange. Som Seif, president and CEO of Purpose Investments, commented, “These three funds will further expand access and choice for investors seeking active, innovative strategies with a focus on risk management – characteristics we believe are essential in helping Canadians achieve their long-term financial goals.”

Deutsche cross-lists two Xtrackers income ETFs on SIX

Apr 5th, 2018 | By
Deutsche AM cross-lists two ETFs on SIX Swiss Exchange

Deutsche Asset Management has cross-listed two income ETFs, the Xtrackers MSCI World High Dividend Yield UCITS ETF (XDWY SW) and Xtrackers iBoxx USD Corporate Bond Yield Plus UCITS ETF (XYLD SW), on SIX Swiss Exchange.