‘ United States and Canada ’

Morgan Stanley launches ETF-based robo-advisor

Dec 13th, 2017 | By
Morgan Stanley enters robo-advisor arena with ETF-based service

Morgan Stanley has become the latest entrant into the US robo-advisor market following the official launch of Morgan Stanley Access Investing after a successful six-month pilot programme. The automated digital wealth management service consists of ten portfolios, comprising a mix of blended active-passive solutions, as well as purely passive portfolios constructed using ETFs.



US equities lead global ETF flows in November, finds BlackRock

Dec 13th, 2017 | By
US equities lead strong global ETF flows in November, finds BlackRock

The global ETF industry gathered $52.6 billion in November, including $40.9bn in equity funds led by US and broad developed market exposures, according to BlackRock’s latest ETF industry landscape report.



Mackenzie launches actively managed gender diversity ETF on NEO

Dec 13th, 2017 | By
Mackenzie Global Leadership Impact ETF NEO Exchange Canada

Mackenzie Investments has launched the actively managed Mackenzie Global Leadership Impact ETF (MWMN CN) on NEO Exchange in Canada. The ESG-focused fund invests primarily in companies that promote gender diversity and women’s leadership within their organizational structure.



WisdomTree launches three inverse government bond ETPs

Dec 12th, 2017 | By
WisdomTree launches three inverse government bond ETPs

WisdomTree has launched three new Boost ETPs offering investors inverse exposure to UK Gilts, and triple inverse exposure to German Bunds and US Treasuries. Jose Poncela, head of ETNs at WisdomTree, Europe, said: “We’re excited to be launching three inverse fixed income ETPs at a time when such products are attracting the majority of flows year-to-date in the European short-and-leveraged market.”



Gold ETFs add 9.1 tonnes in November

Dec 12th, 2017 | By
Gold ETFs add 9.1 tonnes in November

The World Gold Council has reported that gold ETFs saw net inflows amounting to 9.1 tonnes of gold ($393 million) during November, bringing total holdings to 2,357t ($8.5 billion).



JP Morgan launches managed futures ETF on NYSE

Dec 12th, 2017 | By
JP Morgan launches actively managed futures ETF on NYSE

JP Morgan Asset Management (JPMAM) has launched the JPMorgan Managed Futures ETF (JPMF US) on the NYSE Arca. The fund follows an actively managed hedge fund strategy and provides exposure to carry and momentum factors across fixed income, currency, commodity and equity markets.



WisdomTree cross-lists eight ETFs on Mexican exchange

Dec 11th, 2017 | By
WisdomTree cross-lists eight ETFs on Mexico’s stock exchange

WisdomTree has cross-listed a further eight ETFs on the Mexican stock exchange, Bolsa Mexicana de Valores (BMV).



First Trust introduces CAD-hedged units of US sector ETFs

Dec 8th, 2017 | By
First Trust introduces CAD-hedged units of US sector ETFs

First Trust Portfolios Canada has introduced currency-hedged units for four of its US sector ETFs currently listed on Toronto Stock Exchange. The four ETFs in question provide exposure to Russell 1000 equities from the consumer staples, industrials, technology, and healthcare sectors using the AlphaDEX methodology as a stock selection overlay.



BNP Paribas cross-lists US and EM sustainability ETFs on Deutsche Börse

Dec 8th, 2017 | By
BNP Paribas cross-lists US and EM sustainability ETFs on Deutsche Börse

BNP Paribas has cross-listed two new equity ETFs on Deutsche Börse’s Xetra and Frankfurt exchanges, providing exposure to companies listed in the US and in emerging markets.



PowerShares KBW Bank Portfolio ETF passes $1 billion AUM milestone

Dec 8th, 2017 | By
Invesco cuts fees on two PowerShares S&P 500 factor ETFs

Invesco has announced that the PowerShares KBW Bank Portfolio ETF (KBWB US) has surpassed $1 billion in assets under management. Dan Draper, global head of ETFs at Invesco, commented: “Strong interest in KBWB is likely the result of market optimism toward stronger economic growth, corporate tax reform, and higher interest rates, which overall has created an improved outlook for banks.”