‘ SSgA SPDRs ’

SSGA introduces currency-hedging for global aggregate bond ETF

Feb 21st, 2018 | By
SSGA rolls out currency-hedging for Bloomberg Barclays global aggregate bond ETF

State Street Global Advisors has introduced three currency-hedged share classes for the recently launched European-listed SPDR Barclays Global Aggregate UCITS ETF. The new share classes offer currency hedging relative to US dollars, pounds sterling, or euros.

US-listed ETFs attract record-breaking inflows in January

Feb 7th, 2018 | By
US-listed ETFs enjoy record-breaking inflows in January, finds SSGA

US-listed ETFs are off to a record-breaking year as investors piled $78 billion worth of net inflows into these products during January — the highest monthly inflow ever — according to data from State Street Global Advisors (SSGA). Matthew Bartolini, head of SPDR Americas research at SSGA, said the net inflows shattered the previous high of $59bn set in November 2016.

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.

Bullish outlook for dividends bodes well for high income ETFs

Jan 29th, 2018 | By
Bullish outlook for dividends bodes well for high income ETFs

The findings of a report by IHS Markit could mean high dividend ETFs are in for a strong year. The IHS Markit Dividend Forecasting Report predicts that 2018 will be the third consecutive year of increasing global dividends and will also see the fastest dividend growth since 2014. Emerging markets are expected to lead the way. Thomas Matheson, head of dividend research at IHS Markit, commented, “We expect to see stronger performance across sectors, coupled with resurgent growth in Europe and a notable decrease in dividend cuts.”

Bitcoin no substitute for gold, says World Gold Council

Jan 25th, 2018 | By

“Bitcoin, and cryptocurrencies more generally, are not a substitute for gold”, concludes the World Gold Council in its latest investment update. While the assertion might not come as a huge surprise, the organisation makes some valid points.

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.”

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.

SSGA partners with Kensho on three ‘new economy’ thematic ETFs on NYSE Arca

Jan 5th, 2018 | By
SSGA launches three ‘innovative industry’ ETFs

State Street Global Advisors (SSGA) has teamed up with Kensho Technologies for the launch of three ETFs on NYSE Arca designed to provide investors with access to companies driving innovation in three so-called ‘new economy’ industries – intelligent structures, smart mobility, and future security. Nick Good, co-head of the global SPDR business at SSGA, said investors could use the ETFs to “make targeted allocations providing exposure to the firms behind the emerging trends that are reshaping our economy, and very way of life.”

New Frontier Advisors launches ETF-based global balanced index

Dec 15th, 2017 | By
Dr. Richard Michaud, CEO of New Frontier Advisors.

New Frontier Advisors has unveiled the New Frontier Global Balanced Index tracking the performance of a global multi-asset risk-managed portfolio. The index is a 60/40 balanced portfolio currently comprising 27 ETFs. Dr. Richard Michaud, CEO of New Frontier Advisors, said, “We believe the New Frontier Global Balanced Index represents the next step in the evolution of major financial indices.”

ETF providers take active approach to stewardship: Morningstar

Dec 13th, 2017 | By
ETF providers take active approach to stewardship Morningstar

ETF providers are taking an increasingly active approach to stewardship of the companies they hold passive stakes in, according to new research from Morningstar. The report reveals that contrary to passive investing critics, the shift to index investing has not led to an abdication of shareholder oversight.