‘ United Kingdom ’

Vanguard launches online investment service for UK investors

May 17th, 2017 | By

Vanguard has launched a new investment service for retail investors in the UK that provides direct access to the firm’s ETF range as well as Vanguard’s other funds for an administration fee of just 0.15% per annum. Sean Hagerty, head of Vanguard’s European business, commented: “We aim to deliver investors the highest value investment products and services available with an unwavering commitment to lowering the cost of investing in the UK.”



London Stock Exchange sees 14 new ETF listings during April

May 17th, 2017 | By
London Stock Exchange sees 14 new ETF listings during April

Fourteen new ETF listings (including share classes) debuted on the London Stock Exchange (LSE) during April 2017, bringing the total number of ETF and ETP listings on the exchange to 905 and 450 respectively. The month saw new listings from Fidelity, iShares, Deutsche Asset Management and VanEck.



FTSE 100 ETFs rally as index passes 7,500

May 16th, 2017 | By
FTSE 100 ETFs rally as index passes 7,500

Exchange-traded funds tracking the FTSE 100 Index have rallied as the flagship UK large-cap index closed above 7,500 for the first time on 16 May. The ‘Footsie’ ended the day up 0.91%, on 7,522, following a weaker pound after the release of UK inflation figures showing inflation had risen to 2.7%.



European active funds failing to outperform benchmarks

May 12th, 2017 | By
European active funds failing to outperform benchmarks, finds Lyxor

Only 28% of active funds in Europe outperformed their traditional benchmarks in 2016, according to research from European ETF provider Lyxor, adding support to passive trackers such as ETFs in the active vs. passive superiority debate.



Is Macron’s win the icing on the CAC?

May 9th, 2017 | By
Markets react to Macron win

By Lyxor’s Cross Asset Research Team.

Investors breathed a sigh of relief after centrist, pro-EU candidate Macron’s victory in the 1st round of French elections. Since then, European markets have come out swinging. Now he’s secured the presidency, is another surge likely? In our view, the answer is “oui”



ProShares examines interest-rate sensitivity of dividend ETFs

May 5th, 2017 | By
Principal launches actively managed global dividend ETF

US ETF provider ProShares has found that dividend-grower strategies have historically outperformed high-dividend-yield strategies in both periods of rising and falling rates. Dividend-grower strategies target stocks that consistently grow their dividends over time while high-dividend-yield strategies choose to focus on the stocks with the highest dividend yields.



Source to close FTSE RAFI equity income ETFs

May 3rd, 2017 | By
Source to close FTSE RAFI equity income ETF range

Source, the London-based ETF issuer set to be acquired by Invesco, has announced the forthcoming closure of its FTSE RAFI Equity Income ETF series. In a letter to shareholders, Source advised that the three funds would be terminated on 14 June 2017.



ETFs to consider as inflation erodes cash’s real value

May 2nd, 2017 | By
ETFs to consider as inflation erodes cash’s real value

Seventy percent of financial advisers predict that an increasing number of clients will switch some of their capital out of cash in response to rising inflation, according to a study of 108 UK-based financial advisers commissioned by Investec Wealth & Investment.



Winterflood launches fractional share dealing for ETFs

May 2nd, 2017 | By
Alex Kerry, head of Winterflood Business Services

Winterflood Business Services has launched a fractional share dealing facility allowing clients to trade and hold ETFs to four decimal places. Alex Kerry, head of Winterflood Business Services, commented: “We believe fractional share dealing will help more platforms to build a wider investable universe for micro investors and encourage saving and investment.”



Invesco to acquire ETF issuer Source

Apr 28th, 2017 | By
Martin Flanagan, President and Chief Executive Officer of Invesco.

Invesco has entered into a definitive agreement to acquire European ETF issuer Source. The transaction will add Source’s $25 billion in assets under management to Invesco’s existing global ETF AUM of approximately $120 billion. “We’re excited about this opportunity to build on Invesco’s 40 years of factor investing experience and our existing PowerShares ETF business, which will significantly enhance our ability to deliver meaningful solutions to institutional and retail clients in Europe and around the world,” said Martin L. Flanagan, president and CEO of Invesco.