ETF and Index News

Canadian ETF industry see highest asset growth in almost two years

Feb 19th, 2018 | By
Canada Toronto ETFs

Assets invested in ETFs listed in Canada grew by $4.9 billion in January 2018 to reach a record high of $122bn at the end of the month, according to ETF industry consultants ETFGI. The surge in assets represents the greatest absolute monthly increase for the Canadian ETF industry in almost two years.



Mirae anchors US presence by buying ETF provider Global X

Feb 16th, 2018 | By
Taeyong Lee, President, Global Head of ETFs for Mirae Asset

Global X, the seventeenth-largest US-based ETF issuer, has entered into an agreement to sell 100% of its fully diluted shares to Mirae Asset Global Investments, an independent financial services business based in Asia. “With Global X on board, we are now connecting one of the most successful US ETF firms to a prominent Asian-based global ETF manager, creating a powerful ETF platform.” said Taeyong Lee, president, global head of ETFs for Mirae Asset.



Trends shaping the future of asset management

Feb 16th, 2018 | By
Peter Hopkins, chief operating officer of Style Research.

By Peter Hopkins, chief operating officer of Style Research.

As the industry works to cope with new regulation, wades through an outpouring of new products, learns to satisfy investors’ shifting priorities and manages the active-passive debate, the viability of business units will be questioned, and at times radical measures will be taken. It’s still early days for these trends shaping the future of asset management, but their impacts will be felt far and wide.



Invesco to move to one global brand

Feb 16th, 2018 | By
Marty Flanagan, President and CEO of Invesco

Invesco has announced that it is moving to a unified global brand. The company will now be referred to as Invesco everywhere it does business with the brands affected by the change being Perpetual, Trimark and Invesco’s ETF business PowerShares. Marty Flanagan, president and CEO of Invesco, said, “Although we are moving to a unified brand, we will preserve the time-tested and distinctive investment perspectives, processes and approaches of our many investment teams across the globe.”



ETFs attract €96.6 billion net inflows in January, finds Amundi

Feb 15th, 2018 | By
ETFs attract €96.6 billion net inflows in January, finds Amundi

Global ETF flows continued their positive trend in January 2018, with an increase of €96.6 billion, according to data from European ETF provider Amundi. The US market gained most of the inflows, at €78.6bn, against €13.2bn for the European market. Research by EY suggests that ETF assets have the potential to hit $7.6 trillion by the end of 2020.



Another marijuana ETF launches to meet growing demand

Feb 15th, 2018 | By
Steve Hawkins, President and Co-CEO of Horizons ETFs

Horizons ETF Management has launched the Horizons Emerging Marijuana Growers Index ETF (HMJR CN) on the NEO Exchange, tracking small-cap stocks primarily from North America which are involved in the cultivation, production and/or distribution of marijuana. “HMJR will exclusively invest in marijuana growers that, in our view, are well-positioned to take part in the global growth of the marijuana sector,” said Steve Hawkins, President and Co-CEO of Horizons ETFs.



European-listed ETFs grow AUM by record amount in January

Feb 13th, 2018 | By
European ETF AUM grows by record amount in January

Assets invested in ETFs/ETPs listed in Europe increased by a record $54.0 billion during January 2018 to reach a new high of $856bn, according to ETF industry consultant ETFGI. At the current growth rate, AUM within the European ETF/ETP industry is expected to pass the $1 trillion milestone in April 2018.



Tradeweb’s European ETF marketplace enjoys record trading in January

Feb 13th, 2018 | By
Adriano Pace, managing director for equity derivatives at Tradeweb.

Trading activity on the Tradeweb European-listed ETF marketplace fell just shy of €20 billion during January 2018, setting a new monthly record by smashing the platform’s previous strongest performance of €17.74bn set in May 2017. Commenting on the new record, Adriano Pace, managing director for equity derivatives at Tradeweb, said, “This year promises to be very exciting for European ETFs.”



US-listed ETFs record two years of consecutive monthly inflows

Feb 13th, 2018 | By
US-listed ETFs record two years of consecutive monthly inflows

January 2018 marked the twenty-fourth consecutive month of net inflows into US-listed ETFs/ETPs, reports ETF industry consultant ETFGI. Assets invested across the country’s ETF industry rose by a record $219 billion during the month, consisting of $78.8bn in net new money.



Record global ETP inflows for January 2018, reports Blackrock

Feb 12th, 2018 | By
Patrick Mattar, a managing director within the iShares EMEA capital markets team

Global ETPs raked in $100.6 billion in net inflows during January, eclipsing the previous monthly inflow record of $68.7bn set in September 2008, while EMEA-listed ETPs gathered $14.1bn in January, equalling the largest monthly inflow of all time in January 2015, according to BlackRock’s latest ETP Landscape report. Patrick Mattar, iShares EMEA capital markets team at BlackRock, looks at the key themes behind the month’s record flows.