‘ United States and Canada ’

Ossiam Shiller Barclays CAPE US Sector Value ETF reaches $1bn in AUM

Jul 24th, 2017 | By
Ossiam Shiller Barclays CAPE US Sector Value ETF reaches $1bn in AUM

Ossiam has reported that the Ossiam Shiller Barclays CAPE US Sector Value UCITS ETF (LON: UCAP) passed the $1 billion AUM milestone in June. The ETF uses the cyclically adjusted price-to-earnings (CAPE) ratio, developed jointly by Barclays and Nobel Prize-winning economist Professor Robert Shiller, as a valuation driver in a sector rotational strategy. Professor Shiller said: “I feel grateful to the people at Ossiam and at Barclays for the careful work they have done to make the CAPE products a reality for so many people.”



ETF Managers Group to close big data and fintech ETFs

Jul 24th, 2017 | By
ETF Managers Group to close big data and fintech ETFs

White label exchange-traded fund provider ETF Managers Group has announced its decision to close the PureFunds ISE Big Data ETF (NYSE Arca: BIGD) and the PureFunds Solactive FinTech ETF (Nasdaq: FINQ) based on an ongoing review of market demand.



TSX reaches record 500 ETFs on exchange

Jul 21st, 2017 | By
Toronto Stock Exchange 500 ETFs

Toronto Stock Exchange has announced that it has reached a significant milestone with 500 ETFs listed on its exchange. This number has more than doubled in the past five years, bringing the total market capitalization of listed ETFs to approximately $130 billion as of 30 June 2017.



Thomson Reuters updates ESG ratings and indices

Jul 19th, 2017 | By
ESG Environmental Social Governance

Thomson Reuters, in partnership with boutique index provider S-Network Global Indexes, has announced changes to the methodology underlying its corporate responsibility ratings and index suite. The range also been rebranded the Thomson Reuters/S-Network ESG Best Practices Ratings & Indices to better reflect the change.



Schwab files for first ETF launch in four years

Jul 19th, 2017 | By
Investors want more ETFs as smart beta stirs interest

Charles Schwab has filed a regulatory request with the Securities and Exchange Commission (SEC) to list its first ETF since 2013. The fund, named the Schwab 1000 Index ETF, will track an in-house index composed of the largest 1,000 US stocks by market cap putting the fund in direct competition with ETFs that track the Russell 1000 Index.



GICS reclassification to shake up sector ETFs

Jul 18th, 2017 | By

Potential changes to the Global Industry Classification Standard (GICS) being proposed by MSCI and S&P Dow Jones Indices (S&P DJI) could cause a shake-up of the constituents of ETFs tracking the telecom, technology and consumer discretionary sectors. The two indexing firms are currently running a consultation to potentially change the current telecommunications services sector to a new communications services sector.



BlackRock cross-lists iShares EUR-hedged smart beta ETF

Jul 18th, 2017 | By
BlackRock cross-lists EUR hedged smart beta ETF on Deutsche Börse

BlackRock has cross-listed the iShares Edge S&P 500 Minimum Volatility UCITS ETF EUR Hedged (IS31) on Deutsche Börse. The euro-hedged share class of the fund offers investors hedged exposure to a US large-cap equity portfolio that offers a similar return to the S&P 500 Index with lower overall volatility.



PowerShares unveils S&P 500 Minimum Variance ETF

Jul 18th, 2017 | By
PowerShares unveils S&P 500 Minimum Variance ETF

Invesco PowerShares has launched the PowerShares S&P 500 Minimum Variance ETF (Bats: SPMV), providing exposure to select constituents from the bellwether S&P 500 Index while producing lower volatility characteristics compared to the broader US large-cap equity market.



Legg Mason launches small-cap smart beta ETF

Jul 18th, 2017 | By
Legg Mason launches international high dividend low volatility ETF

Legg Mason has launched a multi-factor ETF that gives exposure to small-cap US equities. The Legg Mason Small-Cap Quality Value ETF (Nasdaq: SQLV) tracks the Royce Small-Cap Quality Value Index, which has been developed by small-cap specialists Royce & Associates.



Principal launches actively managed preferred securities ETF

Jul 18th, 2017 | By
Principal launches actively managed preferred securities ETF

Principal Financial has launched the Principal Spectrum Preferred Securities Active ETF (PREF) on Bats Exchange. The actively managed fund will invest in a range of preferred securities, including preferred stock, certain depository receipts, and various types of junior subordinated debt, from global companies.