‘ iShares ’

Bond ETFs on track to reach $1.5 trillion by 2022, says BlackRock

Oct 23rd, 2017 | By
Bond ETFs to reach $1.5 trillion by 2022, says BlackRock

Assets invested in bond ETFs are on track to double to $1.5 trillion globally by 2022 if current growth rates persist, according to BlackRock. The asset manager behind the iShares range of ETFs notes that the global bond ETF industry has seen a significant uptick in net inflows during 2017, gathering $126.4bn as at the end of September – already surpassing 2016’s full-year flows of $115.6bn.



SPY passes $250 billion AUM milestone

Oct 23rd, 2017 | By
SPY passes $250 billion AUM milestone

State Street Global Advisors‘ SPDR S&P 500 ETF (NYSE Arca: SPY), the first ETF to launch in the US, has hit more than $250 billion in assets under management. While the milestone is clearly impressive, the giant ETF is actually losing ground to lower-cost alternatives from rival issuers iShares and Vanguard.



ICE completes acquisition of BofAML index division

Oct 23rd, 2017 | By
ICE completes acquisition of BofAML index division

Intercontinental Exchange (ICE), the owner of NYSE, has completed its acquisition of the index business of Bank of America Merrill Lynch (BofAML) encompassing more than 5,000 fixed income, currency and commodity indices. With the completion of the acquisition, ICE estimates AUM benchmarked against its combined fixed income index suite will be nearly $1 trillion.



European ETFs record net inflows for 36th consecutive month

Oct 20th, 2017 | By
European-listed ETF assets on course to smash records in 2017, reports ETFGI

ETFs domiciled in Europe saw $7.4bn of inflows during September 2017, marking the 36th consecutive month of net inflows, according to analysis by ETF industry consultants ETFGI.



Franklin Templeton adds EM multi-factor ETF to LibertyShares suite

Oct 19th, 2017 | By
Franklin Templeton adds multi-factor ETF to Liberty Shares suite

Franklin Templeton has added to its line-up of Europe-listed ETFs with the launch of the Franklin Templeton LibertyQ Emerging Markets UCITS ETF, tracking the performance of large- and mid-cap emerging markets stocks selected using a multi-factor approach. Vivek Kudva, head of EMEA and India at Franklin Templeton, said, “We think this new strategy can be utilised as a strategic and long-term allocation for those investors looking for an alternative way of accessing emerging markets as part of their diversified portfolio.”



Boost for Dow ETFs as index passes 23,000

Oct 19th, 2017 | By
Boost for Dow ETFs as index passes 23,000

Investors in ETFs that track the Dow Jones Industrial Average (DJIA) have enjoyed a year of incredibly strong performance and were again celebrating as the index closed over 23,000 for the first time on 18 October 2017. The index, which celebrated its 120-year anniversary in 2016, has risen 30.4% in the 12 months to 18 October compared to the 21.9% returned by the S&P 500 Index over the same time period.



BlackRock: What’s next for China’s economy?

Oct 19th, 2017 | By
BlackRock: What’s next for China’s economy?

By Richard Turnill, global chief investment strategist at BlackRock.

China’s growth is set to cool in 2018 after a surprisingly strong year while economic risks are rising, thinks Richard Turnill, Global Chief Investment Strategist at BlackRock.



Large flows recorded into BlackRock’s US sector ETFs

Oct 18th, 2017 | By
Large flows into BlackRock’s US sector ETFs

Significant inflows into three of BlackRock’s iShares US sector ETFs, those providing exposure to equities in the financials, information technology, and healthcare sectors, have been recorded over the last month.



BlackRock adds global equity ETF to iShares ESG suite

Oct 17th, 2017 | By
Manuela Sperandeo, head of specialist sales, EMEA at BlackRock

BlackRock has expanded its range of environmental, social and governance (ESG) ETFs with the launch of the iShares MSCI World SRI UCITS ETF (SUSW) on the London Stock Exchange. Manuela Sperandeo, head of specialist sales, EMEA at BlackRock, commented, “This ETF is the latest addition to a range that allows investors to express their active investment decisions on a broad range of markets and geographies, quickly and cost-effectively.”



SSGA enters fee war with ultra-low-cost SPDR Portfolio ETFs

Oct 17th, 2017 | By
SSGA enters fee war with ultra-low-cost SPDR Portfolio ETFs

State Street Global Advisors (SSGA) has unveiled the SPDR Portfolio ETFs, a suite of “ultra-low-cost” ETFs that aims to assist investors in the construction of a core portfolio strategy. Comprising 15 existing funds with reduced expense ratios, the SPDR Portfolio ETFs provide access to a range of asset classes including fixed income, and US, emerging market and international equity. Commenting on the move, Todd Rosenbluth, director of ETF & mutual fund research with CFRA, said SSGA has “aggressively crashed the low-fee ETF party consisting of iShares, Vanguard and Schwab.”