‘ Latin America ’

Deutsche lists UCITS ETFs on Mexican Stock Exchange

Jan 17th, 2018 | By
Deutsche adds USD high-yield corporate bond ETF to fixed income suite

Deutsche Asset Management (Deutsche AM) has announced the listing of its first set of UCITS-compliant exchange-traded funds on the Mexican Stock Exchange. ETFs are rapidly gaining importance among Latin American institutions. Moreover, they are increasingly seeking UCITS products due to their potential for tax efficiency and access to exposures and features unavailable to other ETF jurisdictions.

Four additional First Trust ETFs approved for Mexican pensions

Oct 17th, 2017 | By
WisdomTree cross-lists eight ETFs on Mexico’s stock exchange

An additional four new First Trust ETFs have been approved by the Mexican pension funds investment regulator, La Comisión Nacional del Sistema de Ahorro para el Retiro (CONSAR), for sale to Mexican pension funds. The latest round of approvals brings the total number of First Trust ETFs now available for sale to Mexican pension funds to eleven.

S&P Dow Jones unveils Brazil non-state owned enterprises index

Jun 20th, 2017 | By
S&P Dow Jones unveils Brazil non-state owned enterprises index

S&P Dow Jones Indices, in partnership with Sao Paulo-headquartered financial market infrastructure company B3, has launched the S&P/BOVESPA Non-State Owned Enterprises Index, representing the most liquid stocks trading on the Brazilian Stock Exchange that are not controlled, directly or indirectly, by public entities, municipalities or states of the Federal District.

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.

Brazilian equity ETFs buoyed but economic recovery still to materialize

Feb 1st, 2017 | By
S&P Dow Jones unveils Brazil non-state owned enterprises index

Brazilian equity ETFs continue to bring investors positive returns despite forecasts of a significant economic upturn having thus far failed to materialize. GDP will grow just 0.5% in 2017, according to a central bank survey, while the IMF recently cut its growth outlook for Brazil to 0.2%. Despite the mediocre figures, the Brazilian Bovespa Index is up more than 7.3% year to date and over 60% in the past 12 months. Investors may gain access to Brazilian equities through an ETF wrapper from providers such as iShares, Amundi, HSBC, Lyxor and Deutsche Asset Management.

FTSE Russell launches emerging markets and Latin America sustainability indices

Dec 7th, 2016 | By
FTSE Russell launches emerging markets and Latin America sustainability indices

To celebrate the 15th anniversary of its flagship FTSE4Good Index Series, FTSE Russell has launched the FTSE4Good Emerging Markets Index and FTSE4Good Latin America Index, tracking the performance of firms meeting specific thresholds in relation to ESG practices. Mark Makepeace, CEO, FTSE Russell, commented: “The investment landscape has changed beyond recognition and sustainable investing, climate risk, the transition to a low carbon economy, and ESG integration are now a core focus for our clients”.

Chasing momentum in emerging markets may be short-lived

Nov 1st, 2016 | By
Viktor Nossek , director of research at WisdomTree in Europe.

By Viktor Nossek, Director of Research, WisdomTree Europe: “It is often thought that “inefficient markets”—like Emerging Markets – are where there are great opportunities for active managers to add value. It would stand to reason that if there is a large opportunity for outperformance, there is also a large opportunity for underperformance. In other words, someone must be on the other side of the ‘inefficiencies.’”

Brazilian equity ETFs defy political turmoil

Sep 6th, 2016 | By
S&P Dow Jones unveils Brazil non-state owned enterprises index

Exchange-traded funds tracking Brazilian equities have soared in 2016 with the market on track to be the best performing asset category in 2016, despite ongoing political uncertainty in the country which has recently culminated in the impeachment of the country’s president Dilma Rousseff. The MSCI Brazil is up 32.7% year-to-date (1 September 2016) in local currency terms, contributing to significant gains for ETFs from iShares, Amundi, HSBC and db X-trackers which track the index.

DeAWM’s NYSE-listed China A-Share ETF receives Chilean pension approval

Jul 14th, 2014 | By
First Trust enter strategic partnership to boost ETF presence in Chile

Deutsche Asset & Wealth Management’s NYSE-listed db X-trackers Harvest CSI 300 China A-Shares ETF (ASHR) has been approved for distribution by the Comisión Clasificadora de Riesgo, Chile’s pensions regulator. From now on pension fund administrators in Chile, known as Administradoras de Fondos de Pensiones, can utilize the ETF as a registered investment instrument enabling plan participants to gain direct equity exposure to the China A-shares market. The ETF is the first such product to offer direct investment in China A-shares to be registered in Chile.

DeAWM expands physical ETF offering

Jun 4th, 2014 | By
DeAWM expands physical ETF offering

Deutsche Asset & Wealth Management (DeAWM), the asset manager behind the db X-trackers brand of exchange-traded funds, is to switch a further 12 of its European listed ETFs from indirect, synthetic, to direct, physical replication. The latest switch in ETF replication methodology mainly covers exposures to the equity markets of countries in the Asia-Pacific region, and represents approximately €2.5 billion in assets. It follows the successful conversion earlier this year of 18 db X-trackers ETFs from synthetic to physical replication, a move that made DeAWM one of Europe’s largest providers of physical ETFs.