‘ Global ’

Tradeweb’s European ETF market smashes previous trading record in February

Mar 12th, 2018 | By
Adriano Pace, managing director for equity derivatives at Tradeweb.

Trading activity on Tradeweb’s European ETF marketplace reached a record-breaking €24 billion in February, up 20% from the previous record of €20bn set in January 2018. Adriano Pace, managing director for equity derivatives at Tradeweb, said, “Enhanced best execution requirements under MiFID II have highlighted the benefits of transacting ETFs on electronic trading venues like Tradeweb.”

BlackRock: Guess who’s driving the ETF bus?

Mar 9th, 2018 | By
BlackRock: Guess who’s driving the ETF bus?

ETFs got their biggest boost in 2017 from end investors and advisors. Martin Small, head of US iShares at BlackRock, explains why this is such a big deal.

Will you miss the commodity comeback?

Mar 8th, 2018 | By
Florian Ginez, research analyst at WisdomTree in Europe

By Florian Ginez, research analyst at WisdomTree in Europe.

Do commodities have a place in a portfolio? This is an interesting question in today’s environment. Those of us who have read various finance text books including sections on the benefits of things like “asset allocation” and “diversification” would, almost without thinking, say “yes.” But if we look at the reality of what market participants have experienced in the past five years, we then recognize that, behaviourally, what has been practiced may look quite different.

MSCI reports all country, factor and sector indices negative in February

Mar 6th, 2018 | By
MSCI reports all country, factor and sector indices negative in February

MSCI has released its index performance report for February 2018, breaking down the best- and worst-performing equity indices over the period by country, factor and sector. The index provider, which is one of the leading providers of equity indices to the ETF industry, reports that all of its indices produced a negative return during February.

State Street unveils IntelliGX “living indices”

Mar 6th, 2018 | By
State Street unveils IntelliGXSM – a new suite of dynamic indices

State Street, the ultimate parent of SPDR ETFs, has introduced a new suite of rules-based, dynamically adjusting indices.

HANetf sees exciting opportunities for active managers in ETF space

Mar 1st, 2018 | By
European ETF industry flourishes in 2017 with 40% AUM growth

HANetf, a European white-label ETF platform, has urged active managers to prepare themselves for the rise of passives by launching their own low-cost products. Hector McNeil, co-CEO of HANetf, said, “It is a game-changing opportunity, allowing them [active managers] to distribute products in a different way and access new asset bases, particularly Millennials and cost-sensitive investors.”

ETFs not to blame for market sell-off, says new Fed Chair

Feb 28th, 2018 | By
Fed Chair Jerome Powell

“ETFs were not at the heart of the market decline”, said new Fed Chair Jerome Powell during his testimony to the House Financial Services Committee on Tuesday. In February, markets had the worst week since January 2016, and the eighth worst since 2008. The S&P 500 Index, underlying reference of the $275bn SPDR S&P 500 ETF (SPY US), fell 10% between 26th January and 8th February. Powell was asked to respond to a WSJ article which suggested that the close correlation between sectors during that period of volatility was driven by the growing popularity of ETFs.

Smart beta ETFs record two years of consecutive monthly inflows

Feb 28th, 2018 | By
Meet the next generation of ETFs: Smart Alpha

January 2018 marked the twenty-fourth consecutive month of net inflows into smart beta ETFs and ETPs (hereafter ETFs), reports ETF industry consultants ETFGI. According to the firm’s monthly report detailing flows into smart beta ETFs listed globally, assets invested in smart beta ETFs rose by a record $37.8bn during January to bring total assets under management for the segment to a new high of $696bn.

Brompton Funds to convert healthcare and tech funds to ETFs

Feb 28th, 2018 | By
Brompton Funds Healthcare Technology ETFs

Canada-based Brompton Funds has announced that its Global Healthcare Income & Growth Fund and Tech Leaders Income Fund will convert from closed-end investment funds into ETFs, as of 3 April 2018.

JP Morgan cross-lists UCITS ETFs onto Deutsche Börse

Feb 27th, 2018 | By
JP Morgan cross-lists all UCITS ETFs onto Deutsche Börse

JP Morgan Asset Management (JPMAM) has cross-listed its European-listed UCITS ETFs onto Deutsche Börse, comprising two passive bond ETFs and three actively managed ETFs. “We are pleased to be partnering with Deutsche Börse as we launch into the German market for the first time with our initial European ETF offering,” said Christoph Bergweiler, head of Germany, Austria, Central and Eastern Europe and Greece at JPMAM.