‘ United Kingdom ’

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.



Record Q2 dividends puts spotlight on UK income ETFs

Jul 19th, 2017 | By
Record Q2 UK dividends puts spotlight on income ETFs

UK companies distributed an all-time record £33.3 billion in dividends in the second quarter, comfortably beating the previous record of £29.1bn set in Q2 last year, according to research from Capita. The dividend windfall highlights the income-generating potential of UK stocks and is likely to enhance the appeal of UK income ETFs to yield-seeking investors.



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.



European ETF industry adds €8.5bn in net new assets during June

Jul 19th, 2017 | By
Euros Currency Cash Money Net Inflows

Net new assets (NNA) added to the European ETF industry during June 2017 totalled €8.5 billion with fixed income ETF net inflows (+€4.5bn) outstripping those for equity ETFs (+€4.0bn) for the first time since September 2016. These were the findings according to European ETF provider Lyxor’s monthly flows analysis.



Fourteen new ETFs listed on London Stock Exchange in June 2017

Jul 17th, 2017 | By
Fourteen new ETFs list on London Stock Exchange in June 2017

Fourteen new ETFs were listed on London Stock Exchange in June 2017, bringing the total number of ETFs or ETPs listed on the exchange to 912 and 457 respectively. ETF providers listing on the London market during June included Amundi, Deutsche Asset Management, Lyxor, iShares and UBS.



BMO launches enhanced income covered call ETFs

Jul 13th, 2017 | By
Rob Thorpe, head of UK intermediary, BMO Global Asset Management

BMO Global Asset Management has launched a suite of enhanced income ETFs on London Stock Exchange. The three ETFs – tracking UK, eurozone and US equities – provide exposure to stocks with sustainable dividend yields and also utilise a covered call option overlay strategy. Rob Thorpe, head of UK intermediary, BMO Global Asset Management (EMEA), said: “Investors’ search for yield is as strong as ever, as is their focus on ensuring their portfolios are protected on the downside, minimising volatility risk.”



BMO to launch three enhanced income equity ETFs

Jul 5th, 2017 | By
Chris McHaney, vice president & portfolio manager, BMO Global Asset Management

BMO Global Asset Management is planning to launch three new ETFs on the London Stock Exchange tracking the FTSE 100, Euro Stoxx 50 and S&P 500 indices while boosting portfolio income through the use of covered call overlay strategies. Chris McHaney, vice president & portfolio manager, BMO GAM, commented: “By using an options overlay that adds meaningful income while mitigating the opportunity cost of the strategy, the new ETFs offer the potential to achieve benchmark returns over the long term, with reduced volatility and higher current income.”



UK wealth manager Tavistock rolls out three new ETF portfolios

Jul 5th, 2017 | By
UK wealth manager Tavistock rolls out three new ETF portfolios

UK-based wealth manager Tavistock has introduced three new ETF-based portfolios as an extension of its Acumen range of investment solutions. The new launches include the Acumen bond portfolio, which invests in global bonds (developed and emerging); the Acumen Equity Portfolio, which invests in global equities; and the Acumen Strategic Portfolio, which invests in a range of asset classes.



UBS launches currency-hedged MSCI Europe ETF on LSE

Jul 4th, 2017 | By
Andrew Walsh, head of passive and ETF specialist sales UK & Ireland

UBS has launched the UBS MSCI Europe UCITS hedged GBP ETF (UBEU) on the London Stock Exchange, providing exposure to approximately 85% of the market capitalization across 15 developed markets in Europe while hedging currency risk relative to the British pound. Andrew Walsh, head of passive and ETF specialist sales UK & Ireland, said: “Investors are increasingly keen to participate in foreign denominated investments but want to limit exposure to potential currency fluctuations.”



IndexIQ launches five multi-factor ESG ETFs

Jun 28th, 2017 | By
IndexIQ launches five multi-factor ESG ETFs

IndexIQ has launched five new ETFs that employ an environmental, sustainable and governance (ESG) filter to screen potential securities and then a smart beta multi-factor methodology to weight the selected constituents. The suite includes three equity and two bond (sovereign and corporate) ETFs listed on the Euronext Paris Exchange.