Fixed Income

Inspire Investing unveils first faith-based bond ETF

Jul 11th, 2017 | By
Inspire Investing unveils first faith-based bond ETF

Silicon Valley-based Inspire Investing has launched the Inspire Corporate Bond Impact ETF (NYSE: IBD), the first ETF to invest in the corporate bonds of companies aligned with biblical values. Robert Netzly, president and CEO of Inspire Investing, said: “There is extremely robust demand from investors and advisors who want to invest in what they believe in.”



Lyxor launches short term high yield bond ETF on LSE

Jul 7th, 2017 | By
Lyxor launches short term high yield bond ETF on LSE

European ETF provider Lyxor has unveiled the Lyxor BofAML $ Short Term High Yield Bond UCITS ETF (HYST) on the London Stock Exchange, providing exposure to the performance of the short dated, US dollar-denominated sub-investment grade corporate bond market.



VanEck: Your emerging markets bonds allocation may now be “junk”

Jul 6th, 2017 | By
VanEck: Your emerging markets bonds allocation may now be “junk”

By Fran Rodilosso, head of fixed income ETF portfolio management at VanEck.

Investors are once again focusing on emerging markets credit risk given the recent high-profile ratings downgrades of China, Brazil, and South Africa.



VanEck cross-lists EM bond on SIX

Jul 6th, 2017 | By
Deutsche Asset Management is to cross-list the db X-trackers iBoxx USD Emerging Sovereigns Quality Weighted UCITS (EUR Hedged) ETF (XQUE) on the SIX Swiss Exchange.

Vaneck has cross-listed its VanEck Vectors JP Morgan EM Local Currency Bond UCITS ETF (EMLC) on the SIX Swiss Exchange where it trades in Swiss francs. Launched in Europe in April 2017, the fund tracks the JP Morgan Government Bond Index – Emerging Markets Global Core Index, a reference for the performance of bonds issued in local currencies by 16 emerging market governments.



Guggenheim changes name of actively managed $1bn enhanced short duration ETF

Jun 30th, 2017 | By
Guggenheim changes name of actively managed $1bn enhanced short duration ETF

Guggenheim Investments has changed the name of the Guggenheim Enhanced Short Duration ETF to the Guggenheim Ultra Short Duration ETF. The actively managed fund, which has over $1.1 billion in assets under management, will keep its ticker symbol (NYSE Arca: GSY). William H. Belden, managing director and head of ETF business development for Guggenheim Investments, said: “GSY can be used for tactical cash positions to deliver potentially greater return than cash as well as liquidity for non-immediate needs.”



Citi expands WGBI and onshore China bond index suites

Jun 29th, 2017 | By
Citi expands WGBI and onshore China bond index suites

Citi has introduced several new additions to its flagship Citi World Government Bond Index (WGBI) family and its Onshore Chinese Bond Index family.



WisdomTree launches Canada aggregate bond ETF

Jun 26th, 2017 | By
WisdomTree launches Canada aggregate bond ETF

WisdomTree has unveiled the WisdomTree Yield Enhanced Canada Aggregate Bond Index ETF (Toronto: CAGG). The fund tracks the Bloomberg Barclays Canadian Aggregate Enhanced Yield Index, a rules-based index designed to provide exposure to Canadian investment grade bonds while enhancing yield.



First Trust launches California municipal high income ETF

Jun 22nd, 2017 | By
First Trust launches California municipal high income ETF

First Trust Advisors has launched the First Trust California Municipal High Income ETF (Nasdaq: FCAL), providing income that is exempt from regular federal income taxes and California state income taxes with long-term capital appreciation as a secondary objective.



SPDR ETFs’ Bartolini encourages investors to look beyond “Agg”

Jun 16th, 2017 | By
SPDR ETFs: Three reasons why eurozone stocks have room to run

Investors looking for US broad aggregate fixed income exposure may wish to look beyond ETFs tracking the Bloomberg Barclays US Aggregate Bond Index (“Agg”), according to Matthew Bartolini, head of SPDR Americas research at SSGA.



VanEck: Why is China excluded from global bond indices?

Jun 15th, 2017 | By
VanEck: Your emerging markets bonds allocation may now be “junk”

By Fran Rodilosso, head of fixed income ETF portfolio management at VanEck.

A somewhat incredible fact of global bond markets is that the third largest market in the universe is not included in any major index. The reason for this is that the onshore Chinese bond market was, until several years ago, closed to foreign investors. However, a very deliberate, and sustained liberalisation will lead to changes for onshore Chinese bonds.