‘ Themes and Strategy ’

Ossiam Shiller Barclays CAPE US Sector Value ETF reaches $1bn in AUM

Jul 24th, 2017 | By
Ossiam Shiller Barclays CAPE US Sector Value ETF reaches $1bn in AUM

Ossiam has reported that the Ossiam Shiller Barclays CAPE US Sector Value UCITS ETF (LON: UCAP) passed the $1 billion AUM milestone in June. The ETF uses the cyclically adjusted price-to-earnings (CAPE) ratio, developed jointly by Barclays and Nobel Prize-winning economist Professor Robert Shiller, as a valuation driver in a sector rotational strategy. Professor Shiller said: “I feel grateful to the people at Ossiam and at Barclays for the careful work they have done to make the CAPE products a reality for so many people.”



Hedge fund professionals anticipate greater use of ETFs

Jul 24th, 2017 | By
Hedge fund professionals anticipate greater use of ETFs

More than nine out of ten (92%) of senior hedge fund professionals expect to see an increased value of ETFs being used within their industry this year, according to research commissioned by European ETF provider Source. Chris Mellor, executive director, equity product management at Source, said: “Hedge fund managers are sophisticated investors and it is clear they are increasingly seeing the benefits that ETFs provide them, such as a cost-effective means to execute their strategies.”



ETF Managers Group to close big data and fintech ETFs

Jul 24th, 2017 | By
ETF Managers Group to close big data and fintech ETFs

White label exchange-traded fund provider ETF Managers Group has announced its decision to close the PureFunds ISE Big Data ETF (NYSE Arca: BIGD) and the PureFunds Solactive FinTech ETF (Nasdaq: FINQ) based on an ongoing review of market demand.



WisdomTree offers outlook for UK equities & sterling

Jul 24th, 2017 | By
Viktor Nossek , director of research at WisdomTree in Europe.

By Viktor Nossek , director of research at WisdomTree in Europe.

Expectations of a hard Brexit that triggered a marked devaluation of sterling last year have effectively reversed since a now markedly weakened PM in charge of a minority government must lead the exit negotiations with diminished political capital/leverage. Britain looks ready to make more concessions to the EU than previously envisioned.



ETF Securities comments on outlook for the euro

Jul 24th, 2017 | By
ETF Securities comments on outlook for the euro

By Martin Arnold, global FX & commodity strategist at ETF Securities.

European Central Bank (ECB) President Draghi wants to engineer a smooth transition away from ultra stimulative monetary policy…but not too soon, because inflationary forces remain depressed. The problem is the strength of the euro, which further depresses inflation. The ECB wants a weaker euro…



Financials top MSCI’s sector indices during June

Jul 21st, 2017 | By
London Financial District

MSCI has released its index performance report for June 2017, breaking down the best and worst performing equity indices over this period by country, factor and sector. The index provider, which is one of the leading providers of equity indices to the exchange-traded fund industry, reports the highest index returns in June were achieved by financials, for sector exposure, while Canada and enhanced value topped the lists of country and factor exposures respectively.



WisdomTree: Japan is leading dividend growth in international markets

Jul 19th, 2017 | By
Jeremy Schwartz, director of research at WisdomTree.

By Jeremy Schwartz, director of research at WisdomTree.

Once a year, WisdomTree conducts a rebalance of its dividend-weighted stock indices which adjusts positions based on changes in relative valuations. We measure these relative valuations by examining stock price movements versus fundamentals in international markets, primarily utilising a company’s dividend stream in our broad-based index strategies. At this year’s May rebalance, we noticed how Japan is leading the international markets in terms of underlying dividend growth.



Thomson Reuters updates ESG ratings and indices

Jul 19th, 2017 | By
ESG Environmental Social Governance

Thomson Reuters, in partnership with boutique index provider S-Network Global Indexes, has announced changes to the methodology underlying its corporate responsibility ratings and index suite. The range also been rebranded the Thomson Reuters/S-Network ESG Best Practices Ratings & Indices to better reflect the change.



MSCI examines fundamentals of quality factor

Jul 19th, 2017 | By
Hitendra Varsani, executive director of factor strategies, MSCI

By Hitendra Varsani, executive director of factor strategies, MSCI.

We have seen substantial rotation in factor index performance in the past 12 months. Value, the best-performing equity factor index in the second half of 2016, was the worst performer in the first six months of 2017. On the other hand, quality, which had lagged last year, has performed well in 2017. But this has left quality stocks at peak valuations for the past decade, confronting investors with a question: Is it time to reduce exposure to this factor?



Eastern Europe ETFs showing strong 1-year returns

Jul 19th, 2017 | By
Eastern Europe ETFs among best performing emerging markets

ETFs tracking Eastern Europe equities have delivered strong returns over the past year following robust economic growth in the countries within this bloc. The iShares MSCI Eastern Europe Capped UCITS ETF (LON: IDEE) is up 20.9% over the past year.