‘ Themes and Strategy ’

Will you miss the commodity comeback?

Mar 8th, 2018 | By
Florian Ginez, research analyst at WisdomTree in Europe

By Florian Ginez, research analyst at WisdomTree in Europe.

Do commodities have a place in a portfolio? This is an interesting question in today’s environment. Those of us who have read various finance text books including sections on the benefits of things like “asset allocation” and “diversification” would, almost without thinking, say “yes.” But if we look at the reality of what market participants have experienced in the past five years, we then recognize that, behaviourally, what has been practiced may look quite different.

Wiener Börse and Limeyard partner to bolster index offering

Mar 7th, 2018 | By
Patrick Valovic, founder & managing partner of LIMEYARD

Wiener Börse (or Vienna Stock Exchange) and Zurich-based boutique index provider Limeyard have formed a joint-venture to bolster their capabilities in the fast-growing and increasingly important indexing space. Limeyard was founded by ex Stoxx CFO Patrick Valovic.

MSCI reports all country, factor and sector indices negative in February

Mar 6th, 2018 | By
MSCI reports all country, factor and sector indices negative in February

MSCI has released its index performance report for February 2018, breaking down the best- and worst-performing equity indices over the period by country, factor and sector. The index provider, which is one of the leading providers of equity indices to the ETF industry, reports that all of its indices produced a negative return during February.

ETF issuers comment on Italian election results

Mar 6th, 2018 | By
Populist movements in Italy signal a return of political risk in Europe

The results of elections in Italy could signal a return to uncertainty for the European Union as Italian voters favoured two anti-establishment parties, the Five Star Movement (M5S) and the Northern League, in a outcome that failed to provide any party with the majority needed to govern. ETF issuers ETF Securities, WisdomTree and SPDR ETFs, offered their take on the election results.

State Street unveils IntelliGX “living indices”

Mar 6th, 2018 | By
State Street unveils IntelliGXSM – a new suite of dynamic indices

State Street, the ultimate parent of SPDR ETFs, has introduced a new suite of rules-based, dynamically adjusting indices.

Janus Henderson to close two ETFs

Mar 6th, 2018 | By
Janus Henderson to close two ETFs

Janus Henderson has announced plans to close and liquidate two of its NYSE-listed equity ETFs: the Janus Velocity Tail Risk Hedged Large Cap ETF (TRSK US) and Janus Velocity Volatility Hedged Large Cap ETF (SPXH US).

A sunny start to the year for Brazilian equity ETFs

Mar 5th, 2018 | By
A sunny start to the year

So far this year, ETFs tracking Brazilian equity indices have reflected the country’s sunny summer weather. The Ibovespa, an index representing around 60 highly traded stocks listed on the São Paulo stock exchange and the underlying reference for the Lyxor Brazil (Ibovespa) UCITS ETF (RIOU_LN), is up some 10% year-to-date on the back of an improving economic background.

T. Boone Pickens lends name to new US energy ETF

Mar 2nd, 2018 | By
T. Boone Pickens lends name to new US energy ETF

TriLine Index Solutions, an affiliate of BP Capital Fund Advisors, has launched the NYSE Pickens Oil Response ETF (BOON US), whose name and ticker honours the leadership of American oilman T. Boone Pickens. The fund tracks the NYSE Pickens Oil Response Index which selects stocks with a high correlation to changes in the price of Brent crude oil. It aims to provide a higher Sharpe ratio compared to traditional energy ETFs, the S&P 500, and ICE Brent Crude Oil, as well as commodity-oriented indices.

Insufficient assets prompts Direxion to close its billionaire-mimicking ETF

Mar 2nd, 2018 | By

Direxion Investments is to close its billionaire-mimicking ETF, the Direxion iBillionaire Index ETF (IBLN US).

High-yield bond ETFs attract record demand from short sellers

Mar 1st, 2018 | By
Sam Pierson IHS Markit

By Sam Pierson, analyst at IHS Markit.

Short demand for high-yield bond ETFs is at the highest level recorded, currently over $7bn in total. Demand remains elevated despite a rally off the lows, which recovered half of the year-to-date losses for the products.