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Dr. Richard Michaud, CEO of New Frontier Advisors.

New Frontier Advisors launches ETF-based global balanced index

New Frontier Advisors has unveiled the New Frontier Global Balanced Index tracking the performance of a global multi-asset risk-managed portfolio. The index is a 60/40 balanced portfolio currently comprising 27 ETFs. Dr. Richard Michaud, CEO of New Frontier Advisors, said, “We believe the New Frontier Global Balanced Index represents the next step in the evolution of major financial indices.”

Emerging Markets the biggest opportunity in 2018 says VanEck

Emerging markets the biggest opportunity in 2018, says VanEck

By Jan van Eck, CEO of VanEck.

The biggest investment opportunity for 2018 remains in emerging markets equities. As we entered 2017, US equities had done well for five years, meaning investors were underweight international and emerging markets. Emerging markets have however outperformed dramatically this year and we think it is still early innings for this asset class.

Hartford Funds launches active fixed income ETF

Hartford Funds launches active fixed income ETF

Hartford Funds has launched the firm’s fourth actively managed fixed income ETF, the Hartford Municipal Opportunities ETF (HMOP US), on NYSE Arca. Vernon Meyer, CIO of Hartford Funds, said, “Investors are very tax-aware and, as interest rates go up, advisors are seeking fixed income strategies with the potential for greater after-tax returns and income.”

ETFs will relegate mutual funds to ‘legacy product’ status within 15 years

ETFs will relegate mutual funds to ‘legacy products’, says HANetf’s McNeil

Mutual funds will become legacy products within 15 years, with ETF assets in Europe set to treble within the next decade, according to Hector McNeil, chief executive of new white-label ETF provider HANetf.

IndexIQ launches US large cap multi-factor ETF

IndexIQ launches US large-cap multi-factor ETF

IndexIQ, a New York Life Investments company, has launched the IQ Chaikin US Large Cap ETF (CLRG US) on the Nasdaq Exchange. “The addition of CLRG to our product suite provides investors and advisors with a powerful tool as they contemplate their domestic equity holdings,” said Salvatore Bruno, CIO of IndexIQ.

VelocityShares introduces first 4x leveraged ETPs to US

VelocityShares introduces first 4x leveraged ETPs to US

VelocityShares, the inverse and leveraged ETF brand of Janus Henderson Group, has launched a suite of ten quadruple-leveraged currency ETPs on NYSE Arca. Nick Cherney, senior vice president and head of ETPs for Janus Henderson, said, “This launch further demonstrates our dedication to developing sophisticated ETPs for institutional investors.”

Israel Technology ETFs Middle East

ARK IM launches Israel innovative technology ETF

ARK Investment Management has launched the ARK Israel Innovative Technology ETF (IZRL US) on Cboe ETF Marketplace. The fund provides exposure to Israel-listed companies whose main business operations are causing disruptive innovation in the internet, technology, genomics, health care, biotechnology, industrials, and manufacturing sectors.

Equities

BNP Paribas cross-lists US and EM sustainability ETFs on Deutsche Börse

BNP Paribas cross-lists US and EM sustainability ETFs on Deutsche Börse

BNP Paribas has cross-listed two new equity ETFs on Deutsche Börse’s Xetra and Frankfurt exchanges, providing exposure to companies listed in the US and in emerging markets.

UBS cross-lists EUR-hedged S&P 500 ETF on Deutsche Börse

UBS cross-lists EUR-hedged S&P 500 ETF on Deutsche Börse

UBS Global Asset Management has cross-listed the UBS S&P 500 UCITS (hedged to EUR) ETF (UEQD GY) on Deutsche Börse’s Xetra and Frankfurt exchanges.

Commodities

Contrasting fortunes for precious metals ETFs, reports ETF Securities

Investors drop gold for silver, reports ETF Securities

London-based ETF Securities has announced its range of precious metals ETFs saw starkly differing levels of investor demand during the week beginning 4 December, as gold ETFs saw the largest outflows of any segment covered by the firm’s products while silver ETFs recorded the largest inflows.

Gold ETFs add 9.1 tonnes in November

Gold ETFs add 9.1 tonnes in November

The World Gold Council has reported that gold ETFs saw net inflows amounting to 9.1 tonnes of gold ($393 million) during November, bringing total holdings to 2,357t ($8.5 billion).

Fixed Income

BlackRock cross-lists five iShares fixed income ETFs to SIX

BlackRock cross-lists five iShares fixed income ETFs to SIX

BlackRock has cross-listed five fixed income ETFs to SIX Swiss Exchange. The suite of iShares funds provides exposure to inflation-linked government bonds, EUR-denominated high yield corporate bonds, USD-denominated corporate bonds, long-term Treasuries, and a core portfolio of corporate bonds.

WisdomTree launches three inverse government bond ETPs

WisdomTree launches three inverse government bond ETPs

WisdomTree has launched three new Boost ETPs offering investors inverse exposure to UK Gilts, and triple inverse exposure to German Bunds and US Treasuries. Jose Poncela, head of ETNs at WisdomTree, Europe, said: “We’re excited to be launching three inverse fixed income ETPs at a time when such products are attracting the majority of flows year-to-date in the European short-and-leveraged market.”

Alternatives / Multi-Asset

JP Morgan launches actively managed futures ETF on NYSE

JP Morgan launches managed futures ETF on NYSE

JP Morgan Asset Management (JPMAM) has launched the JPMorgan Managed Futures ETF (JPMF US) on the NYSE Arca. The fund follows an actively managed hedge fund strategy and provides exposure to carry and momentum factors across fixed income, currency, commodity and equity markets.

Derek Fulton, CEO of First Trust Global Portfolios

First Trust launches currency-hedged versions of active FX ETF

First Trust Global Portfolios (FTGP) has launched euro- and pounds sterling-hedged share classes of the First Trust FactorFX UCITS ETF (FTFX LN). Derek Fulton, CEO of FTGP, said, “These new hedged share classes allow euro and sterling denominated investors to access the strategy while controlling their exchange rate volatility against the fund’s USD base currency.”

ETF and Index News

Risk – the dog that did not bite in 2017, says S&P DJI

Risk – the dog that did not bite in 2017, says S&P DJI

In a review of 2017, Hamish Preston, senior associate, index investment strategy at S&P Dow Jones Indices states that “risk was the dog that didn’t bite this year”.

ETF providers take active approach to stewardship Morningstar

ETF providers take active approach to stewardship: Morningstar

ETF providers are taking an increasingly active approach to stewardship of the companies they hold passive stakes in, according to new research from Morningstar. The report reveals that contrary to passive investing critics, the shift to index investing has not led to an abdication of shareholder oversight.