‘ Global X Funds ’

Indxx launches smart beta Japan dividend index

Aug 22nd, 2017 | By
Nikko: Japan’s inflation and monetary policy outlook

Indxx, an index provider headquartered in New York, has launched the Indxx Dominant Dividend Japan Index. The smart beta index gives exposure to 50 high dividend paying stocks domiciled in Japan. Indxx has indicated the index is suitable for use as the underlying for ETF creation.

First robotics and automation ETF hits $1bn in assets

Aug 16th, 2017 | By
First robotics and automation ETF hits $1bn in assets

The ROBO Global Robotics & Automation Index ETF (Nasdaq: ROBO) recently surpassed $1 billion in assets under management (AUM). Launched in October 2013, the ETF was the first to offer thematic equity exposure to companies involved in the production and use of robotics, automation and related technologies.

Global X’s MLP ETF crosses $500m AUM on 5-year anniversary

May 4th, 2017 | By
Global X Robotics & AI ETF passes $450m in assets one year after launch

The Global X MLP ETF (NYSE: MLPA) has surpassed $500 million in assets under management, coinciding with the fund’s five year anniversary since its launch.

iShares launches Argentina ETF

May 2nd, 2017 | By
iShares launches Argentina ETF

iShares has launched the iShares MSCI Argentina and Global Exposure ETF (Bats: AGT). The ETF is designed to provide exposure to Argentina equity and companies with significant exposure to Argentina. The ETF may attract investors looking for a tactical play on whether Argentina will be reclassified from a frontier market to an emerging market following a review by MSCI scheduled for June 2017 – reclassification is expected to trigger as much as $1bn to flow into Argentinian equities.

Robotics ETFs record strong inflows as sector outperforms

Apr 13th, 2017 | By
Robotics ETFs record strong inflows as sector outperforms

According to a note from Bank of America Merrill Lynch, flows into robotic ETFs and mutual funds have grown significantly over the last year, swelling assets from around $5.1 billion to $8.9bn.

Trust Company of America launches ETF trading platform featuring Guggenheim and Global X

Apr 4th, 2017 | By
Trust Company of America launches ETF trading platform featuring Guggenheim and Global X

Trust Company of America, a provider of integrated technology, custody and management support for Registered Investment Advisors, has launched ETF Custody Advantage, a trading platform designed for exchange-traded funds. Joshua Pace, president and CEO, Trust Company of America, commented: “[Our] ETF platform will ensure investors receive greater levels of diversification through exposure to a wide array of asset classes.”

Source launches Europe’s first fintech ETF

Mar 14th, 2017 | By
Source launches Europe’s first ETF tracking fintech equities

Source has launched the Source KBW NASDAQ Fintech UCITS ETF (LON: FTEK) – Europe’s first ETF focused solely on the fast growing financial technology (“fintech”) sector in the US. The fund tracks the KBW NASDAQ Financial Technology Index, which captures the equal-weighted performance of 50 significant fintech companies listed in the US. Dr. Chris Mellor, Executive Director, Equity Product Management at Source, commented: “Faster, more efficient and more joined-up technology in the financial arena has driven stellar growth for fintech companies and this trend shows no sign of slowing.”

Global X launches US Infrastructure Development ETF

Mar 9th, 2017 | By
Lyxor launches US and European infrastructure ETFs

New York-based ETF provider Global X Funds has unveiled the Global X US Infrastructure Development ETF (BATS: PAVE), offering investors a one ticket solution to access a sector positioned to benefit from Donald Trump’s fiscal expansion plans. Indicative of the growth potential of the fund, the American Society of Civil Engineers has estimated the cost to repair and modernize the US’s infrastructure will reach $10 trillion by 2040.

Global X unveils thematic ETF tracking US founder-run companies

Feb 16th, 2017 | By
Alex Ashby, director of product development at Global X

Global X Funds has launched the Global X Founder-Run Companies ETF (Bats: BOSS), tracking an equal-weighted index of US large- and mid-cap companies led by CEOs who are the original founders of their firms. The smart beta fund is the fourth in Global X’s “Alpha” suite of ETFs, designed with the aim of delivering broad market-beating returns. Alex Ashby, Director of Product Development at Global X, said: “Founders bring a unique vision and innovative culture to their companies that we believe will translate into more sustainable long-term growth.”

FactSet launches Global FinTech Index

Jan 16th, 2017 | By
Source launches Europe’s first ETF tracking fintech equities

FactSet has launched the FactSet Global FinTech Index, tracking the performance of global companies providing disruptive technologies to the financial services space including those engaged in electronic payment processing, credit card technology, financial & compliance ERP software and point-of-sale terminal manufacturing. The index is designed to serve as the underlying for future ETFs which would compete with existing FinTech funds from Global X and PureFunds.