‘ Themes and Strategy ’

EY: Majority of asset managers expected to offer ETFs in five years

Nov 21st, 2017 | By
EY: Majority of asset managers expected to offer ETFs in five years

Two-thirds (67%) of survey respondents believe most asset managers will have an ETF offering in the next five years, according to consultancy firm EY. Although pointing to robust growth within the industry, the report also suggests that ETF providers will face new challenges as the industry grows in size and influence. Lisa Kealy, EY EMEIA wealth & asset management ETF leader, commented: “The industry will need to innovate around investors, refine investor journeys and reduce investor costs to remain competitive.”



Income ETFs in focus as global dividends hit record highs

Nov 21st, 2017 | By
Income ETFs in focus as global dividends hit record highs

The world’s largest 1,200 companies distributed a third-quarter record of $328.1 billion (£248bn) in dividends, according to research from Janus Henderson, putting a new full-year record for 2017 comfortably within reach. The dividend windfall is likely to enhance the appeal of equity income ETFs to yield-seeking investors.



Stretched equity valuations triggering gold ETF inflows

Nov 21st, 2017 | By
Stretched equity valuations triggering gold inflows, says ETF Securities

Stretched equity valuations have prompted the fourth consecutive week of inflows into gold ETFs, according to the latest ETF Securities’ fund flows report – a weekly analysis of capital flows across the firm’s entire ETF range.



Invesco cross-lists PowerShares Preferred Shares ETF on SIX

Nov 21st, 2017 | By
Invesco cross-lists PowerShares Preferred Shares ETF on SIX

Invesco has cross-listed the PowerShares Preferred Shares UCITS ETF (PRFD SW) on SIX Swiss Exchange. PRFD provides exposure to fixed rate US dollar denominated preferred securities issued in the US domestic market.



O’Shares to close two currency-hedged quality dividend ETFs

Nov 21st, 2017 | By
Connor O'Brien, CEO of O'Shares

Boston-based ETF issuer O’Shares Investments has announced the closing of two ETFs which provide currency-hedged exposure to high quality dividend-paying equities listed in Europe and Asia Pacific. Connor O’Brien, CEO of O’Shares, commented: “The decision has been made to close the funds so we can direct resources to developing new O’Shares ETFs to meet investors’ demand for different strategies.”



Hang Seng launches three ‘southbound’ Hong Kong Stock Connect indices

Nov 21st, 2017 | By
Hang Seng launches three Hong Kong Stock Connect indices

Hang Seng Indexes has launched three indices tracking Hong Kong- and China-based equities listed on the Hong Kong Stock Exchange that are accessible through the southbound trading link of the Stock Connect Hong Kong (SCHK) schemes.



Sector ETFs set to be impacted by changes to GICS

Nov 21st, 2017 | By

MSCI and S&P Dow Jones Indices have announced changes to the Global Industry Classification Standard (GICS) that will see the telecommunication services sector being broadened and renamed as communication services. The changes are set to affect ETFs that provide exposure to the telecoms, technology and consumer discretionary sectors, and will take effect in September 2018.



Solactive launches bricks-and-mortar retail index

Nov 21st, 2017 | By
Solactive launches bricks-and-mortar retail index

Solactive has launched the Solactive-ProShares Bricks and Mortar Retail Store Index, which tracks US retail companies that rely principally on in-store sales. The recently-launched ProShares Decline of the Retail Store ETF (EMTY US) provides inverse exposure to the index.



Invesco launches three PowerShares fixed income ETFs in Europe

Nov 20th, 2017 | By
Paul Syms, head of fixed income product management at Invesco PowerShares

Invesco has launched three PowerShares-branded fixed income ETFs in Europe. The funds track Bloomberg Barclays indices and provide exposure to bonds from USD-denominated corporates, EUR-denominated corporates, and emerging market sovereigns. Paul Syms, head of fixed income product management at Invesco PowerShares, commented: “There is strong demand from investors for low-cost, simple, transparent and well-structured fixed income solutions. Invesco PowerShares is determined to be the leading provider of such ETFs in Europe.”



First Trust Eurozone AlphaDEX ETF passes €100m milestone

Nov 17th, 2017 | By
Derek Fulton, CEO at First Trust Global Portfolios

The First Trust Eurozone AlphaDEX UCITS ETF (FEUZ LN) has grown to over €100 million in AUM three years after launch. The ETF, which provides smart beta exposure to eurozone stocks with growth and value characteristics, has also been awarded a coveted five-star Morningstar Rating based on a risk- and cost-adjusted analysis of fund performance compared to similar eurozone large-cap equity funds. Derek Fulton, CEO at First Trust Global Portfolios, commented: “We believe this demonstrates the true flexibility of the ETF structure to deliver alpha for investors.”