‘ S&P Dow Jones ’

S&P Dow Jones launches S&P 500 Bond Mega 30 Indices

Feb 15th, 2018 | By
Alex Matturri, CEO, S&P Dow Jones Indices

S&P Dow Jones Indices (S&P DJI) has launched the S&P 500 Bond Mega 30 Index family, tracking the performance of the largest bonds issued by constituents of the S&P 500. The family currently has two subsets of indices, those tracking bonds rated investment grade and those following the high yield segment. Alex Matturri, CEO, S&P Dow Jones Indices, commented, “These new indices track bonds with larger issue sizes which typically trade with greater frequency and enhanced transparency and therefore tend to have higher liquidity.”

Metaurus Advisors launches two innovative ETFs

Feb 7th, 2018 | By
Richard Sandulli, co-CEO of Metaurus Advisors

Metaurus Advisors has launched two new ETFs on NYSE Arca. These funds have effectively stripped the dividend stream and the potential for capital growth of S&P 500 constituents into two seperate components and packaged each component into its own ETF. Richard Sandulli, co-CEO of Metaurus Advisors said, “Investors and their advisors now have precise tools to balance current cash flow potential against their growth and risk tolerance, without sacrificing the diversification potential and low cost of index investing.”

Amundi builds out ETF offering on SIX Swiss Exchange

Jan 31st, 2018 | By
Amundi cross-lists four equity ETFs to SIX Swiss Exchange

Amundi has cross-listed four equity ETFs onto SIX Swiss Exchange in Zurich, expanding its offering for Switzerland-based investors looking for locally listed access. Three of the ETFs track MSCI indices, while the fourth tracks an index from S&P Dow Jones Indices. They include Europe ex-Switzerland, world energy, world financials and global luxury exposures, all based on developed-market stocks.

Amundi adds five ETFs to Borsa Italiana

Jan 30th, 2018 | By
Amundi cross-lists five ETFs to Borsa Italiana

Amundi has cross-listed a medley of five equity ETFs to Borsa Italiana in Milan, expanding its footprint in the Italian market. The ETFs – which offer a varied assortment of exposures – provide a locally listed access point for domestic Italian investors. They include sector-specific exposures to energy, financials and luxury goods; Italian large-caps; and a play on US share buybacks.

SSGA celebrates 25th anniversary of SPDR S&P 500 ETF

Jan 30th, 2018 | By

State Street Global Advisors, the asset manager behind the SPDR range of ETFs, has celebrated the twenty-fifth anniversary of the first ever US-listed ETF, its SPDR S&P 500 ETF (SPY US). Launched on 29 January 1993 with just $6.5m in assets, SPY is now a behemoth with more than $302bn in AUM and average daily trading volume of nearly $25bn.

SPY roars past $300bn, days before 25th anniversary

Jan 25th, 2018 | By
Jim Ross, chairman of global SPDR business

Assets invested in the SPDR S&P 500 ETF (SPY US), the world’s largest exchange-traded fund, have roared past $300 billion just days before the twenty-fifth anniversary of its launch on the American Stock Exchange. Jim Ross, chairman of the global SPDR business, said, “For SPY to reach $300bn in assets just days before the twenty-fifth anniversary of its first day of trading is very special and a testament to the fund’s unmatched resiliency and versatility along with the increased acceptance of passive investing.”

Lyxor cross-lists green bond ETF on Deutsche Börse

Jan 24th, 2018 | By
Lyxor cross-lists EUR-hedged green bond ETF on Deutsche Börse

Lyxor has cross-listed the Lyxor Green Bond Monthly Hedged UCITS ETF on Deutsche Börse, offering access to the performance of euro- and dollar-denominated ‘green bonds’, as defined by the Climate Bond Initiative, issued by investment-grade companies. The ETF, which is linked to the Solactive Green Bond EUR USD IG Index, incorporates an in-built currency hedge, hedging the US dollar-denominated portion of the portfolio back to the euro.

S&P 500 Bond Index sees record issuance in 2017

Jan 17th, 2018 | By
Jason Giordano, director of fixed income at S&P Dow Jones Indices.

S&P 500 companies issued $775 billion in bonds during 2017, the sixth consecutive year of record US corporate bond issuance, according to S&P Dow Jones Indices. Jason Giordano, director of fixed income at S&P DJI, said the rise in issuance was reflective of companies continuing to take advantage of the accommodative environment created by low interest rates and strong investor demand.

US ETF assets up over a third in 2017, finds ETFGI

Jan 8th, 2018 | By
ETF industry celebrates $5 trillion AUM milestone

Assets invested in ETFs listed in the United States increased by over a third (34.3%) during 2017 to reach a new high of $3.42 trillion at the end of December, according to ETF industry consultants ETFGI. The US is on track to chalk up two straight years of consecutive monthly net inflows, with $44.3bn gathered in December 2017 marking the twenty-third successive month of net inflows.

Invesco cuts fees on two PowerShares S&P 500 factor ETFs

Dec 27th, 2017 | By
Invesco cuts fees on two PowerShares S&P 500 factor ETFs

Invesco has lowered the fees charged on two NYSE Arca-listed ETFs, the PowerShares S&P 500 Momentum Portfolio (SPMO US) and the PowerShares S&P 500 Enhanced Value Portfolio (SPVU US), from 0.25% to 0.13%, effective 1 January 2018. Dan Draper, global head of ETFs at Invesco, commented, “We are constantly evaluating our product offerings to ensure that we are offering cost-efficient investment solutions to meet the needs of our investors.”