‘ ETNs and ETCs ’

UBS commodities ETF surpasses $1 billion in AUM

Mar 16th, 2017 | By
Horizons switches 12 commodity ETFs to Solactive indices

UBS Asset Management has announced that the UBS CMCI Composite SF UCITS ETF (LON: UC14) has surpassed $1 billion in assets under management driven by a surge in net new money of $224 million between 1 January and 13 March 2017. According to UBS, inflows into the ETF gained momentum over the last six months as investors sought to protect portfolios from an increasingly inflationary environment.



Winklevoss-backed Bitcoin ETF halted by SEC

Mar 14th, 2017 | By
Reality Shares and Nasdaq launch Blockchain Tech Index

The Securities and Exchange Commission (SEC) has denied approval for a proposed exchange-traded fund that tracks the price of the cryptocurrency, bitcoin. Gemini, a bitcoin exchange backed by the Winklevoss twins who found fame suing Facebook founder Mark Zuckerburg, applied to list the ETF on the NYSE Arca. The SEC decision, citing the risk of fraudulent activities due to the lack of regulation in major bitcoin markets, comes after more than three years of deliberation.



ETF Securities: Precious metal outflows continue as Fed decision looms

Mar 14th, 2017 | By
ETFs largely unmoved by Jackson Hole speech

For the second week in a row, London-based ETF Securities’ gold and platinum ETFs experienced net outflows as expectations for a March rate hike by the Federal Reserve increased. According to the firm’s weekly flows analysis, its gold ETFs saw $71 million outflows as the spot gold price fell below $1,200/oz for the first time since the beginning of February. Janet Yellen (pictured) will announce the Fed’s rate decision on 15th March.



Amundi captures over 10% of new ETF assets in Europe YTD

Mar 13th, 2017 | By
Fannie Wurtz, managing director at Amundi ETF, indexing & smart beta

Amundi ETF has attracted more than €2.2 billion net inflows year-to-date (28 February 2017), representing over 10% of total European market net new assets. The strong net inflows position the firm as the 3rd most successful gatherer of net new assets in Europe YTD. Fannie Wurtz, Managing Director of the Amundi ETF, Indexing & Smart Beta business line, commented: “Investors choose Amundi ETF as it offers them a full choice of price-competitive and innovative solutions for the different market challenges posed by the fast-changing current economic environment.”



WisdomTree: Don’t let roll yield erode your commodity returns

Mar 9th, 2017 | By
Don’t let roll yield erode your commodity returns

By Nick Leung, Research Analyst at WisdomTree.

In Part 1 of “Don’t let roll yield erode your commodity returns”, we explored how an optimised rolling commodity strategy can respond to changing market conditions arising from policy pressures; better managing the roll return component and lowering volatility at the same time. Part 2 explores another key driver for curve-optimised strategies, which is seasonality.



E*TRADE and Interactive Brokers to offer commission-free access to ETF Securities’ precious metals ETPs

Mar 8th, 2017 | By
Contrasting fortunes for precious metals ETFs, reports ETF Securities

London-based ETF Securities is widening commission-free access to its range of physically-backed precious metal ETPs following agreements with platform providers E*TRADE and Interactive Brokers. The firm notes the move is in response to significantly greater demand for its products since the programme’s initial adoption with Schwab ETF OneSource in 2013.



WisdomTree: Don’t let roll yield erode your commodity returns

Mar 2nd, 2017 | By
Don’t let roll yield erode your commodity returns

By Nick Leung, Research Analyst at WisdomTree.

In this two-part series, we will look into the two key drivers that can affect an optimised rolling commodity strategy – changing market conditions arising from policy pressures and seasonality. We will show how the ability in managing the roll component, coupled with lower volatility, highlights how an optimised strategy can better manage the different return components of commodities investing without sacrificing performance.



Investors lured to gold’s defensive traits, reports ETF Securities

Feb 27th, 2017 | By
Gold ETFs set to benefit as 'fear trade' intensifies, reports World Gold Council

Gold has remained a firm favourite with investors, according to ETF Securities’ latest weekly funds flows report, attracting a net $192.1m into the firm’s gold ETPs during the week ended 24 February 2017. These figures – the fourth consecutive week of positive net gatherings – marked a 30 week high for gold ETPs net inflows. As reported by ETF Securities, investors were lured to gold’s defensive characteristics as the Eurozone remains mired in political uncertainty with Dutch and French elections just around the corner.



ETF Securities reports strong inflows to gold and industrial metal ETPs

Feb 21st, 2017 | By
WisdomTree: Can commodities soar again in 2017?

ETF Securities, a London-based ETF provider, has reported that gold exchange-traded products are currently in favour with investors on the back of continued global political uncertainties. ETF Securities’ Gold ETPs experienced $141m inflows last week, the highest of any sector they cover, as gold prices rose 1.1% to nearly $1242/oz. The safe-haven status of gold

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SSGA launches first US-listed gold ETP with strong dollar risk mitigation

Jan 30th, 2017 | By
SSGA launches first US-listed gold ETF with strong dollar risk mitigation

State Street Global Advisors has unveiled the SPDR Long Dollar Gold Trust (NYSE: GLDW), a physically-backed gold ETP which seeks to mitigate the effect of a rising US dollar on gold prices by combining a long position in physical gold with long dollar exposure against a basket of non-US currencies. Performance of the US dollar against this currency basket is expected to increase or decrease the amount of gold held by the ETP. The new launch may serve as a strategic complement to existing gold-tracking ETPs, allowing investors to enjoy the diversification benefits of holding gold in either strong or weak dollar environments.