‘ ETNs and ETCs ’

LGIM to buy ETF Securities’ European ETF platform

Nov 16th, 2017 | By
LGIM to buy ETF Securities’ European ETF platform

Legal & General Investment Management (LGIM) has agreed to buy ETF Securities’ European ETF platform known as Canvas. The news comes two days after WisdomTree announced a deal to buy ETF Securities’ European ETP business. Graham Tuckwell, founder and chairman of ETF Securities, commented, “Combining the ETF expertise and capabilities of Canvas with the scale and reach of LGIM should be transformative for existing and new customers.”

S&P DJI announces S&P GSCI composition for 2018

Nov 13th, 2017 | By
S&P Dow Jones Indices announces S&P GSCI composition for 2018

S&P Dow Jones Indices has announced the composition and weights of the S&P GSCI Index for 2018. The S&P GSCI is a world production-weighted commodity index tracked by two US-listed ETFs. In 2018, the index will be composed of 24 exchange-traded futures contracts on physical commodities across five sectors – energy, industrial metals, precious metals, agricultural and livestock.

S&P DJI: Diwali gold buying may be the safest since 1996

Oct 18th, 2017 | By
S&P DJI: Diwali gold buying may be the safest since 1996

By Jodie Gunzberg, head of commodities indices, S&P Dow Jones Indices.

In light of the gold buying tradition for the upcoming Diwali festival in India, many might be wondering how valuable their gifts may be based on the price of gold. Several factors influence the price of gold that make timing gold as an investment difficult; however, now there might be upside potential for gold, especially since its volatility is so low.

September ETF trading on LSE up 18% from 2016

Oct 11th, 2017 | By
VanEck launches two new ETFs in London

The London Stock Exchange (LSE) has released its monthly ETF roundup for September 2017. Total on-exchange value traded for ETFs during the month was £28.2 billion through 289k trades, up 18% compared to September 2016.

Unpredictability in the air for Germany ETFs after election

Sep 27th, 2017 | By
German election results likely to have muted impact on ETFs

The results from Germany’s election are in and Angela Merkel’s centre-right coalition remains the largest force in parliament. But with the two largest parties recording their worst result since the 1940s and the far-right Alternative for Germany (AfD) party enjoying considerable support, the political direction of Germany has an added air of unpredictability. How has all this affected markets and, in turn, what’s been the impact on ETFs linked to German equities and bonds?

Gold ETF inflows reach three-week high

Sep 25th, 2017 | By
Gold ETF inflows reach 3-week highs, says ETF Securities

Although gold prices erased most of the past month’s gains, inflows into gold ETFs rose to $39 million in the week beginning 18 September 2017, marking a three-week high, according to weekly flows analysis from ETF securities. Nitesh Shah, director, commodity strategy at ETF Securities said that investors were seeking a safe haven asset in light of geopolitical tensions in spite of action from the Fed that caused gold price weakness.

VanEck Merk Gold ETF reduces fees for gold delivery

Sep 21st, 2017 | By
VanEck Merk Gold Trust reduces fees for gold delivery

The VanEck Merk Gold Trust (NYSE Arca: OUNZ) has reduced the fees investors pay to take delivery of their gold. The fund gives investors access to buy and hold gold through an ETF with the option to take delivery of the gold in exchange for the fund’s shares. Axel Merk, president of Merk Investments, the sponsor of OUNZ, commented: “We are reaffirming our commitment to provide investors with easy and cost-effective access to their gold,”

Heating oil and gasoline ETPs hit two-year highs in Hurricane Harvey’s wake

Sep 5th, 2017 | By
Hurricane Harvey ETFs ETF Securities

Harvey, the first category three hurricane to make landfall in the US since 2005, has sent the prices of ETPs tracking heating oil and gasoline to their highest levels since summer 2015 after the storm damaged a third of US oil refineries when it swept through the Gulf Coast at the end of August.

S&P DJI: Metals never had an August this hot

Sep 5th, 2017 | By
S&P DJI: Metals never had an August this hot

By Jodie Gunzberg, managing director, product management, S&P Dow Jones Indices.

August 2017 was the first August on record that all the metals gained together (since 1995 – the earliest year all seven metals were included in the index,) and it was the first month every metal gained together since September 2016. As a result, the S&P GSCI All Metals Total Return Index gained 7.3% in August, posting its best August ever since 1995.

GraniteShares rolls out lowest-cost gold ETC

Sep 1st, 2017 | By
GraniteShares rolls out lowest-cost gold ETC

US-based ETF provider GraniteShares has launched the GraniteShares Gold Trust (NYSE Arca: BAR), a physically backed exchange-traded commodity which boasts the lowest expense ratio of all gold ETPs in the marketplace.