‘ Markit ’

IHS Markit and KRX launch Korean smart beta indices

Nov 1st, 2017 | By
IHS Markit and KRX launch Korean smart beta indices

IHS Markit and Korea Exchange (KRX) have launched two new smart beta indices that track South Korean equities. The indices will allow ETFs and other market participants to track publicly traded Korean Companies with the strongest dividend prospects based on IHS Markit research.



IndexIQ cuts fees for hedge fund ETF

Oct 24th, 2017 | By
Bermstein: Exponential rise in indices spells death of benchmarking

IndexIQ has reduced the management fee charged for its IQ Hedge Multi-Strategy Tracker ETF (NYSE Arca: QIA) from 0.75% to 0.53%. Including the acquired fund fees, the total expense ratio will now be 0.76%, effective 1 November 2017.



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.



iShares’ giant high-yield bond ETF gets criticised by Kames

Aug 23rd, 2017 | By
iShares' giant high-yield bond ETF (HYG) get criticised by Kames

The world’s largest high-yield bond ETF has come in for some criticism from a bond mutual fund manager at London and Edinburgh-based investment manager Kames Capital. Stephen Baines, co-manager of the Kames Short Dated High Yield Global Bond Fund, says the performance of the iShares iBoxx $ High Yield Corporate Bond ETF (NYSE Arca: HYG), which has returned 70.8%, or 5.5% per annum, over in the ten years since its launch, “looks somewhat disappointing” when compared to the broad high-yield market.



Deutsche to cross-list emerging markets quality bond ETF on SIX

Aug 18th, 2017 | By
SIX reports slowdown in ETF turnover

Deutsche Asset Management is to cross-list the db X-trackers iBoxx USD Emerging Sovereigns Quality Weighted UCITS (EUR Hedged) ETF (XQUE) on the SIX Swiss Exchange. The fund provides currency-hedged exposure to US dollar (USD) currency denominated tradable debt (bonds) issued by governments or central banks in emerging market countries.



Deutsche introduces currency hedging for smart beta EM bond ETF

Aug 9th, 2017 | By
JP Morgan launches five single factor ETFs on NYSE Arca

Deutsche Asset Management has unveiled the db x-trackers iBoxx USD Emerging Sovereigns Quality Weighted EUR-hedged UCITS ETF (XQUE) on Deutsche Börse’s Xetra and Frankfurt exchanges. The fund provides smart beta exposure to high quality emerging market government bonds while mitigating currency risk between the US dollar-denominated bonds and the ETF’s trading currency – the euro.



IHS Markit and Emirates NBD launch sukuk bond index

May 31st, 2017 | By
IHS Markit and Emirates NBD launch sukuk bond index

Index provider IHS Markit has launched the Emirates NBD Markit iBoxx USD Sukuk Index, in collaboration with Middle East banking group Emirates NBD. The index, which has been designed so as to be suitable to underlie ETFs, aims to provide a transparent benchmark for investors in USD sukuk.



Lyxor launches ETF tracking UK inflation expectations

Mar 15th, 2017 | By
VanEck Vectors UCITS ETFs now tradable in GBP on London Stock Exchange

European ETF provider Lyxor has launched a new fund providing investors with exposure to UK inflation expectations. The Lyxor UK£ 10Y Inflation Expectations UCITS ETF (LON: UKBE) targets the spread between traditional bond yields and those of inflation-linked bonds, thus offering a pure play on inflation expectations without exposing the investor to changing interest rates.



BNP Paribas rolls out three core bond ETFs on Euronext Paris

Feb 15th, 2017 | By
BNP Paribas launches 3 new smart beta ETFs

THEAM, a subsidiary of BNP Paribas, has launched three new fixed income ETFs on Euronext Paris, providing exposure to portfolios of Eurozone inflation-linked government bonds, US Treasuries from across the yield curve, and euro-denominated investment grade corporate bonds. Isabelle Bourcier, Head of Index Operations and ETFs at THEAM, notes the listing of these ETFs is a concrete expression of THEAM’s desire to diversify the firm’s current product offering.



Deutsche introduces world’s first dedicated USD Asia ex-Japan corporate bond ETF

Sep 12th, 2016 | By
Deutsche roll out MSCI USA Sector ETFs on Xetra

Deutsche Asset Management has launched the world’s first ETF delivering dedicated exposure to the Asia ex-Japan US dollar corporate bond market. Debuting on Deutsche Börse’s Xetra, the db x-trackers II iBoxx USD Liquid Asia Ex-Japan Corporate Bond UCITS ETF (Xetra: ALQD) provides European investors with easy access to a rapidly growing market that has expanded by over 24% per annum over the past five years. Anson Chow, Deutsche AM’s Head of ETF product development, Asia Pacific, said: “Asia US dollar investment-grade corporate bond issuance increased from around $21bn in 2010 to around $63bn in 2015. This is an important and growing section of the global bond market”.