‘ United States and Canada ’

S&P DJI announces S&P GSCI composition for 2018

Nov 13th, 2017 | By
S&P Dow Jones Indices announces S&P GSCI composition for 2018

S&P Dow Jones Indices has announced the composition and weights of the S&P GSCI Index for 2018. The S&P GSCI is a world production-weighted commodity index tracked by two US-listed ETFs. In 2018, the index will be composed of 24 exchange-traded futures contracts on physical commodities across five sectors – energy, industrial metals, precious metals, agricultural and livestock.



ETF flows can impact underlying constituent share prices, finds KBW

Nov 9th, 2017 | By
KBW reports on share price impact of ETF flows

Large flows to and from ETFs that are significant shareholders in their underlying constituents relative to those constituents’ average daily trading volumes are likely to impact the share prices of the those constituents, according to research from investment bank Keefe, Bruyette & Woods (KBW).



Oil price rally leads to profit taking, reports ETF Securities

Nov 8th, 2017 | By
ETF Securities expands Brent crude ETC range as geopolitical tensions rise

Weekly flows analysis from ETF Securities shows that oil ETFs saw outflows of $73 million on the back of profit taking during the week commencing 30 October. Oil has risen steadily in price since the summer and the outflows come as Brent crude closed at a two-year high of $64.27 on 6 November.



EMEA-listed ETFs gather $8bn in October, reports BlackRock

Nov 8th, 2017 | By
EMEA-listed ETFs gather $8bn in October, reports BlackRock

EMEA-listed ETFs recorded net inflows of $7.8 billion in October, according to research from BlackRock. Equity ETFs dominated again with $6.3bn of the net new assets while fixed income ETFs gained $1.1bn. Net new assets for ETFs in the region in the year-to-date now stand at $81bn, already greater than the previous full calendar year record set in 2015.



LSE reports October ETF trading volume up 3%

Nov 8th, 2017 | By
LSE reports October ETF trading volume up 3%

The London Stock Exchange (LSE) has reported that total on-exchange value traded for ETFs in October 2017 was £27 billion through 290k trades, an increase of 3% compared to October 2016. The average order book trade size for ETFs was £38k during the month.



Wells Fargo launches robo-advisor hybrid service

Nov 7th, 2017 | By
Wells Fargo launches robo-advisor hybrid service

Wells Fargo has announced the launch of Intuitive Investor, a hybrid online offering that provides new and emerging investors with a robo-advisor service for investing in a managed portfolio of ETFs, with the additional option to speak to human investment advisors.



Equium Capital rolls out ETF share class of tactical allocation fund

Nov 7th, 2017 | By
Equium Capital rolls out ETF share class of tactical allocation fund

Toronto-based Equium Capital has unveiled an ETF share class for its global tactical allocation fund, which was launched in March 2017. The ETF shares will trade on the Toronto Stock Exchange under the name Equium Global Tactical Allocation Fund (ETAC).



Invesco to migrate PowerShares Canadian govt bond ETF to NEO

Nov 6th, 2017 | By
Jos Schmitt, president and CEO, NEO Exchange.

Invesco has announced it is planning to change the listing venue of the PowerShares Ultra Liquid Long Term Government Bond Index ETF (PGL) from the Toronto Stock Exchange to Aequitas NEO Exchange. Jos Schmitt, president and CEO, NEO Exchange, commented: “Invesco’s decision to migrate an ETF to us shows that we are succeeding in our mission to innovate and improve Canada’s capital markets for all investors through competition.”



Look beyond an ETF’s expense ratio: SSGA

Nov 3rd, 2017 | By
James E. Ross, chairman of the global SPDR business, SSGA

By James E. Ross, chairman of the Global SPDR business at State Street Global Advisors.

It’s a refrain we repeat often at State Street Global Advisors and during meetings with clients: when selecting an ETF, you need to look beyond the expense ratio to assess a fund’s total cost of ownership. Why? Because using the expense ratio as the sole factor when selecting an ETF without considering additional variables, especially how you will invest and trade that fund, could wind up costing you more money in the long run. 



First Trust launches US SMID dividend achievers ETF

Nov 3rd, 2017 | By
First Trust launches SMID dividend achievers ETF

First Trust Advisors has launched the First Trust SMID Cap Rising Dividend Achievers ETF (Nasdaq: SDVY), providing exposure to a diversified portfolio of high quality US-listed income-producing equities from the small- and mid-cap segments of the market.