‘ Themes and Strategy ’

Commerzbank cross-lists multi-asset ETF to SIX Exchange

Aug 30th, 2017 | By
Commerzbank cross-lists multi-asset ETF to SIX Exchange

Commerzbank has cross-listed the ComStage Vermögensstrategie (asset strategy) UCITS ETF onto Switzerland’s SIX Exchange. The passively-managed multi-asset ETF offers investors a one-ticket portfolio solution by investing in a broadly diversified mix of asset classes.



ETF Managers Group to close HealthTech ETF

Aug 30th, 2017 | By
Healthcare Technology ETFs

White-label ETF platform ETF Managers Group has announced it has decided to close the ETFMG ETFx HealthTech ETF (Nasdaq: IMED) based on an ongoing review of market demand. Effective immediately, IMED will increase its cash holdings in contemplation of liquidation and will no longer accept creation orders.



SSGA to close seven UCITS ETFs

Aug 29th, 2017 | By
SSGA to close seven UCITS ETFs

State Street Global Advisors (SSGA), the asset manager behind the SPDR range of ETFs, is closing seven of its Europe-listed funds, including five equity and two fixed income ETFs. In a notice to shareholders on 25 August, the firm announced the decision to close the funds was made because “the Net Asset Value of each Fund is currently less than the minimum amount specified in the Prospectus” and SSGA does “not believe that it will increase materially in the near future and the Funds are uneconomic to operate.”



Smart beta dividend ETFs avoid Provident Financial collapse

Aug 24th, 2017 | By
Quality UK dividend ETFs avoid Provident Financial collapse

Shares of subprime lender Provident Financial, a favourite of star fund manager Neil Woodford, have dived nearly 70% following a profit warning, the resignation of its CEO and the cancellation of its dividend. While the stock is held in many well-known equity income funds, including strategies from Invesco Perpetual’s Mark Barnett plus actively managed funds from Jupiter, Rathbones, M&G and Aberdeen, it is notably absent from the BMO MSCI UK Income Leaders UCITS ETF (ZILK) and SPDR S&P UK Dividend Aristocrats UCITS ETF (UKDV) – two smart beta ETFs that deploy rules-based screens to achieve dividend sustainability.



Assets in smart beta ETFs/ETPs reach record high

Aug 24th, 2017 | By
Smart Beta & Factor Correlations to the S&P 500

Assets invested in smart beta equity ETFs/ETPs listed globally reached a new record of $607 billion at the end of July 2017, according to data from ETF industry consultant ETFGI. Record levels of assets were also reached at the end of the month for equity smart beta ETFs/ETPs listed in the United States at $538.6bn, in Europe at $44.8bn, in Canada at $14.8bn and in Asia Pacific (ex-Japan) at $5.6bn.



SPDR ETFs: Will debt ceiling debate end low volatility?

Aug 24th, 2017 | By
SPDR ETFs: Will debt ceiling debate end low volatility?

By Michael Arone, chief investment strategist at State Street Global Advisors.

This summer, investors have been saying “hakuna matata” to the turmoil emanating from Washington and using a problem-free philosophy to send stocks to fresh highs and market volatility to multi-year lows. But investors should be prepared: September may bring a sudden dose of volatility to mellow markets.



Redwood launches emerging markets dividend ETF on Aequitas NEO

Aug 24th, 2017 | By
Redwood launches emerging markets dividend ETF on Aequitas NEO

Redwood Asset Management has launched the Redwood Emerging Markets Dividend ETF (REM) on Aequitas NEO Exchange in Canada. The actively managed fund targets exposure to high-quality, income-generating companies in developing countries while seeking to lower volatility compared to the broad market.



First Trust launches institutional preferred securities ETF

Aug 24th, 2017 | By
First Trust launches institutional preferred securities ETF

First Trust has unveiled the First Trust Institutional Preferred Securities and Income ETF (NYSE Arca: FPEI), an actively managed fund investing in preferred securities issued mainly to institutional-level investors.



WisdomTree says Japan’s economy has entered sweet spot

Aug 24th, 2017 | By
Jesper Koll, WisdomTree's head of Japan.

By Jesper Koll, WisdomTree’s head of Japan.

The April-June GDP report suggests that the Japanese economy has entered into a sweet spot, with growth accelerating and broadening into all components of domestic demand. While the 4% annualised GDP growth rate marks peak slingshot acceleration, the details of the report fully verify our thesis that Japan has entered a self-sustaining domestic demand-led up-cycle.



7IM: Ten years in the life of ETFs

Aug 23rd, 2017 | By
Peter Sleep, senior investment manager, Seven Investment Management (7IM).

Peter Sleep, senior investment manager, Seven Investment Management (7IM) takes a look at key developments over the decade that he’s spent with 7IM. He reviews falling fees, the arrival of new players, through to some potential challengers for the future.