‘ ETF Industry News ’

UBS launches three bond ETFs on Xetra

Nov 8th, 2017 | By
UBS cross-lists six GBP-hedged equity ETFs on SIX

UBS has launched three new fixed income ETFs on Deutsche Börse’s Xetra and Frankfurt exchanges, providing access to emerging market corporate bonds, as well as different maturity segments of the inflation-linked euro government bond universe.



MSCI reports all factor indices positive for third consecutive month

Nov 8th, 2017 | By
MSCI reports all factor indices positive for third consecutive month

MSCI, one of the leading providers of equity indices to the ETF industry, reports that all of its factor-based indices generated a positive return in October with the best-performing factor for the month being momentum (4.4%) and the worst, high dividend yield (0.8%).



ETF robo-advisor Scalable Capital reaches €500m in assets

Nov 8th, 2017 | By
ETF robo-advisor Scalable Capital reaches €500m in assets

Robo-advisor Scalable Capital has reached €500 million in assets 22 months after launching in Germany and 16 months after launching in the UK. The firm uses proprietary risk management algorithms to manage portfolios built using ETFs for clients.



Oil price rally leads to profit taking, reports ETF Securities

Nov 8th, 2017 | By
ETF Securities expands Brent crude ETC range as geopolitical tensions rise

Weekly flows analysis from ETF Securities shows that oil ETFs saw outflows of $73 million on the back of profit taking during the week commencing 30 October. Oil has risen steadily in price since the summer and the outflows come as Brent crude closed at a two-year high of $64.27 on 6 November.



EMEA-listed ETFs gather $8bn in October, reports BlackRock

Nov 8th, 2017 | By
EMEA-listed ETFs gather $8bn in October, reports BlackRock

EMEA-listed ETFs recorded net inflows of $7.8 billion in October, according to research from BlackRock. Equity ETFs dominated again with $6.3bn of the net new assets while fixed income ETFs gained $1.1bn. Net new assets for ETFs in the region in the year-to-date now stand at $81bn, already greater than the previous full calendar year record set in 2015.



LSE reports October ETF trading volume up 3%

Nov 8th, 2017 | By
LSE reports October ETF trading volume up 3%

The London Stock Exchange (LSE) has reported that total on-exchange value traded for ETFs in October 2017 was £27 billion through 290k trades, an increase of 3% compared to October 2016. The average order book trade size for ETFs was £38k during the month.



Nikko: Cultural and other factors differentiating BoJ and ECB policies

Nov 8th, 2017 | By
John Vail, chief global strategist, Nikko Asset Management.

By John Vail, chief global strategist, Nikko Asset Management (Nikko is the second largest ETF provider in Asia with over ¥4 trillion in ETF assets under management).

Despite all the fanfare, Japan never did truly move to a negative policy interest rate. When announced in January 2016, negative policy rates were only applied to bank reserves at the BOJ that were deemed excessive.



Tradeweb reports strong net buying of ETFs during October

Nov 8th, 2017 | By
Tradeweb reports strong net buying of ETFs during October

Tradeweb has reported that all ETF asset classes saw net buying in October, according to its most recent monthly trading report. October proved to be another strong month for the platform as total traded volume surpassed €13.7 billion, beating September by more than half a billion euros.



Lyxor launches Europe’s first gender equality ETF

Nov 7th, 2017 | By
Lyxor Gender Equality etf

Lyxor has launched the Lyxor Gender Equality ETF (ELLE FP), Europe’s first ETF to focus on companies leading the field in gender equality. Commenting on the launch, Clarisse Djabbari, deputy head of Lyxor ETFs & indexing, said: “This ETF marks an important step in our progress towards a complete range of environmental, social and governance based investment products.” The ETF is linked to the Equileap Global Gender Equality Index, an index of 150 high-ranking stocks based on gender equality.



Exponential rise in indices spells “death of benchmarking”, argues Bernstein

Nov 7th, 2017 | By
There are (way) more indices in the world than stocks

The number of indices available to investors has risen exponentially in the past few years, from less than 1000 in 2012 to well over a million today, a period that has also witnessed a sharp increase in assets invested in products that track indices, including ETFs. A recent report from Bernstein argues that this rapid expansion does not represent a triumph of indices but rather the “last hurrah” or “death of benchmarking” altogether.