‘ Global ’

Hedge fund professionals anticipate greater use of ETFs

Jul 24th, 2017 | By
Hedge fund professionals anticipate greater use of ETFs

More than nine out of ten (92%) of senior hedge fund professionals expect to see an increased value of ETFs being used within their industry this year, according to research commissioned by European ETF provider Source. Chris Mellor, executive director, equity product management at Source, said: “Hedge fund managers are sophisticated investors and it is clear they are increasingly seeing the benefits that ETFs provide them, such as a cost-effective means to execute their strategies.”



ETF Securities comments on outlook for the euro

Jul 24th, 2017 | By
ETF Securities comments on outlook for the euro

By Martin Arnold, global FX & commodity strategist at ETF Securities.

European Central Bank (ECB) President Draghi wants to engineer a smooth transition away from ultra stimulative monetary policy…but not too soon, because inflationary forces remain depressed. The problem is the strength of the euro, which further depresses inflation. The ECB wants a weaker euro…



Three new iShares equity and bond ETFs launched on Xetra

Jul 21st, 2017 | By
Three new iShares equity and bond ETFs launched on Xetra

BlackRock has cross-listed three of its iShares ETFs to Deutsche Börse’s Xetra and Frankfurt exchanges. The new additions include two equity ETFs which track European and global stocks that are characterised by above-average dividend yields and high quality fundamentals, as well as a fixed income ETF which tracks the performance of floating rate bonds denominated in US dollars.



Thomson Reuters updates ESG ratings and indices

Jul 19th, 2017 | By
ESG Environmental Social Governance

Thomson Reuters, in partnership with boutique index provider S-Network Global Indexes, has announced changes to the methodology underlying its corporate responsibility ratings and index suite. The range also been rebranded the Thomson Reuters/S-Network ESG Best Practices Ratings & Indices to better reflect the change.



Nikko: China’s deleveraging – when and how will it end?

Jul 19th, 2017 | By
Woon Khien Chia, senior portfolio manager, Nikko Asset Management

By Woon Khien Chia, Senior Portfolio Manager, Nikko Asset Management.

China’s deleveraging campaign has been underway for more than three years, starting with the real sector and progressing to the financial sector. While excesses in key industrial sectors have been reduced and the overheated bond and currency markets have also corrected sharply, the country’s aggregate debt ratios are still not declining.



MSCI examines fundamentals of quality factor

Jul 19th, 2017 | By
Hitendra Varsani, executive director of factor strategies, MSCI

By Hitendra Varsani, executive director of factor strategies, MSCI.

We have seen substantial rotation in factor index performance in the past 12 months. Value, the best-performing equity factor index in the second half of 2016, was the worst performer in the first six months of 2017. On the other hand, quality, which had lagged last year, has performed well in 2017. But this has left quality stocks at peak valuations for the past decade, confronting investors with a question: Is it time to reduce exposure to this factor?



GICS reclassification to shake up sector ETFs

Jul 18th, 2017 | By

Potential changes to the Global Industry Classification Standard (GICS) being proposed by MSCI and S&P Dow Jones Indices (S&P DJI) could cause a shake-up of the constituents of ETFs tracking the telecom, technology and consumer discretionary sectors. The two indexing firms are currently running a consultation to potentially change the current telecommunications services sector to a new communications services sector.



Principal launches actively managed preferred securities ETF

Jul 18th, 2017 | By
Principal launches actively managed preferred securities ETF

Principal Financial has launched the Principal Spectrum Preferred Securities Active ETF (PREF) on Bats Exchange. The actively managed fund will invest in a range of preferred securities, including preferred stock, certain depository receipts, and various types of junior subordinated debt, from global companies.



Fourteen new ETFs listed on London Stock Exchange in June 2017

Jul 17th, 2017 | By
Fourteen new ETFs list on London Stock Exchange in June 2017

Fourteen new ETFs were listed on London Stock Exchange in June 2017, bringing the total number of ETFs or ETPs listed on the exchange to 912 and 457 respectively. ETF providers listing on the London market during June included Amundi, Deutsche Asset Management, Lyxor, iShares and UBS.



BlackRock reports iShares AUM passes $1.5 trillion milestone

Jul 17th, 2017 | By
BlackRock reports iShares AUM passes $1.5 trillion milestone

According to BlackRock’s second quarter earnings report, the firm’s ETF arm iShares has crossed $1.5 trillion in assets under management after adding a record $74 billion of net inflows during the three months. According to the report, “Growth was balanced among iShares core funds, precision exposures and financial instruments, demonstrating that ETFs are no longer used only as passive allocations, but increasingly by active investors to generate alpha in their portfolios.”