‘ Emerging and Frontier ’

MSCI: How easy is it to track a bond market index?

Feb 21st, 2018 | By
Andy Sparks, head of fixed income research strategies, MSCI

By Andy Sparks, head of fixed income research strategies, MSCI.

Many investors may have only a qualitative understanding of the ability of passive fund managers to track the returns of a fixed-income index. Our analysis uses tracking error to provide a quantitative measure of the ease – or difficulty – of consistently tracking an index. We find generally low to moderate tracking error across broad parts of the bond market. Our analysis also suggests that less liquid and higher volatility sectors (such as high yield) tend to have higher tracking error.

Invesco cross-lists three PowerShares fixed income ETFs on SIX

Feb 20th, 2018 | By
Invesco cross-lists three Powershares fixed income ETFs on SIX

Invesco has cross-listed three PowerShares fixed income ETFs onto SIX Swiss Exchange, each tracking Bloomberg Barclays indices. The ETFs offers exposure to US dollar-denominated corporate bonds, euro-denominated corporate bonds, and dollar-denominated emerging market sovereign bonds.

Direxion introduces lightly leveraged “Portfolio+” ETF suite

Feb 19th, 2018 | By
Direxion introduces lightly leveraged “Portfolio+” ETF suite

US-based leveraged and inverse ETF specialist Direxion has debuted a new range of ETFs, under a new brand called “Portfolio+ ETFs”. The ETFs provide lightly leveraged exposure to their underlying indices. Andy O’Rourke, Managing Director at Direxion, said, “Over time, a small amount of added exposure can make a significant difference. At the right price point, just a 25% boost allows advisors who already manage a diversified strategy to seek out additional risk-adjusted returns in a manageable way. “

Franklin Templeton expands passive ETF suite

Feb 12th, 2018 | By
Patrick O’Connor, global head of ETFs at Franklin Templeton Investments.

Franklin Templeton Investments has added four new ETFs to its line-up of passively managed country and regional funds, introducing exposures to equities listed in India, Russia, Asia Pacific ex-Japan, and Switzerland. Patrick O’Connor, head of global ETFs at Franklin Templeton Investments, said, “Our suite of passive country- and region-specific ETFs has been well received in the marketplace, as clients look for low-cost vehicles that can be used to access different exposures for their portfolios or solutions capabilities.”

China’s 2018 economic growth focus: Quality over quantity

Feb 7th, 2018 | By
Physical China A-share ETFs go head to head

By Jack Jiang, senior ETF specialist at ICBC Credit Suisse Asset Management (International).

The Central Economic Work Conference (CEWC) was held in Beijing on 18-20 December 2017 and, as the first CEWC after the Nineteenth Party Congress, it set the tone for China’s central government’s economic policies in 2018. They are crucial to the long-term development of the world’s second-largest economy.

UBS introduces income-accumulating share classes for fixed income ETFs on SIX Swiss Exchange

Feb 7th, 2018 | By
UBS adds new share classes to Bloomberg Barclays fixed income ETF suite on SIX

UBS has introduced income-accumulating share classes for five of its fixed income ETFs on SIX Swiss Exchange. The funds, which track Bloomberg Barclays indices and offer a variety of exposures, including to US Treasuries, US corporates, and EM sovereigns, complement the existing income-distributing shares.

Amundi rolls out nine ETFs on Deutsche Börse

Feb 6th, 2018 | By
Amundi rolls out nine ETFs on Deutsche Börse

Amundi has launched nine new ETFs on Deutsche Börse, offering investors a variety of exposures including equities, real estate, and government and corporate bonds.

JP Morgan launches smart beta EM sovereign bond ETF on NYSE

Feb 1st, 2018 | By
Joanna Gallegos JP Morgan

JP Morgan Asset Management (JPMAM) has launched the JPMorgan USD Emerging Markets Sovereign Bond ETF (JPMB US) on NYSE Arca, providing smart beta exposure to US dollar-denominated bonds issued by sovereigns and quasi-sovereigns in emerging markets.

MSCI reveals top index performers for December and FY 2017

Feb 1st, 2018 | By
MSCI reveals top index performers for 2017

China topped the list of best-performing country equity indices during 2017; information technology lead the sector indices; and momentum came out on top among factors, according to data from index provider MSCI.

Nikko: MSCI inclusion of ‘A’ shares is China’s great leap onto world stage

Jan 30th, 2018 | By
Eng Tech Tan, senior portfolio manager – Asian equity at Nikko Asset Management

By Eng Teck Tan, senior portfolio manager, Asian equity at Nikko Asset Management.

Investors today are used to designing and managing portfolios of Asia ex-Japan or even Asia-Pacific ex-Japan stocks. But imagine a day when Asia ex-China portfolios are the norm. We think this is not too far-fetched an idea.