‘ United States and Canada ’

WisdomTree and IQCIO launch ETF model portfolios

Nov 3rd, 2017 | By
WisdomTree and IQCIO launch ETF model portfolios

WisdomTree has launched the WisdomTree IQCIO Risk-Managed Model Portfolios in collaboration with quant-focused portfolio advisors IQCIO. The model portfolios combine WisdomTree’s fundamentally weighted investment approach with IQCIO’s Intelligent Portfolio Optimizer for ETF selection and dynamic asset allocation.



First Trust unveils actively managed municipal high income ETF

Nov 3rd, 2017 | By
First Trust unveils actively managed municipal high income ETF

First Trust Advisors has launched the First Trust Municipal High Income ETF (Nasdaq: FMHI), a new actively managed fund investing primarily in municipal debt securities. The ETF seeks to provide a high level of tax-exempt income with a secondary objective of long-term capital appreciation.



SIX reports slowdown in ETF turnover

Nov 3rd, 2017 | By
SIX reports slowdown in ETF turnover

SIX Swiss Exchange reported a 13.7% drop in Q3 ETF trading volumes compared to Q2, with the majority of the decrease accounted for by equity ETFs, after the benchmark Swiss Market Index SMI traded sideways for much of the quarter. The year-on-year decline was a relatively modest 3.6%.



ETFMG sued by Nasdaq as HACK ETF fallout continues

Nov 3rd, 2017 | By
ETFMG sued by Nasdaq as HACK ETF fallout continues

ETF Managers Group (ETFMG) is being sued by Nasdaq for allegedly fabricating reasons to justify taking control of a number of ETFs, including the $1.1 billion fund now known as the ETFMG Prime Cyber Security ETF (NYSE Arca: HACK).



Horizons launches Canada’s first AI-driven ETF

Nov 2nd, 2017 | By
Horizons launches active equity dividend ex-North America ETF

Horizons ETFs has launched the Horizons Active AI Global Equity ETF (MIND) on the Toronto Stock Exchange. MIND is Canada’s first ETF to use artificial intelligence for all security selection decisions. Steve Hawkins, president and co-CEO of Horizons ETFs, commented: “Unlike today’s portfolio managers who may be susceptible to investor biases such as overconfidence or cognitive dissonance, MIND is devoid of all emotion. It is purely systematic in how it makes investment decisions.”



Deutsche cross-lists six US sector ETFs to SIX

Nov 2nd, 2017 | By
Simon Klein, head of passive distribution, EMEA and APAC, Deutsche Asset Management

Deutsche Asset Management has cross-listed six US sector ETFs onto SIX Swiss Exchange. The ETFs, which are linked to MSCI indices, are listed in dollars and provide exposure to US equities in the consumer discretionary, consumer staples, financials, information technology, healthcare and energy sectors. Simon Klein, head of passive distribution, EMEA and APAC, commented: “The new sector ETFs give investors the flexibility to trade at a more granular level than region or country. As ETFs are used more tactically, this kind of granularity is important.”



WisdomTree launches technology platform aimed at financial advisors

Nov 2nd, 2017 | By
WisdomTree launches technology platform aimed at financial advisors

WisdomTree has launched the WisdomTree Advisor Solutions platform, focused on providing technology-enabled solutions to help advisors grow and scale their business. The platform includes several key benefits and tools for advisors: investment research and ETF education, portfolio construction services, ETF model portfolios, practice management resources, and wealth management technology.



Exponential ETFs launches reverse cap weighted S&P 500 ETF

Nov 2nd, 2017 | By
Phil Bak, CEO of Exponential ETFs

Exponential ETFs has unveiled the Reverse Cap Weighted US ETF (CBOE: RVRS), providing exposure to S&P 500 equities weighted by the inverse of their relative market capitalization. Phil Bak, CEO of Exponential ETFs, commented: “Market capitalization weighting exposes investors to a concentrated portfolio and an extreme bias toward mega-capitalization companies, which can result in returns being left on the table. With RVRS, we’re solving this problem.”



Inspire adds US large cap ETF to biblical values suite

Nov 2nd, 2017 | By
Inspire adds US large cap ETF to biblical values suite

Impact investment firm Inspire Investing has launched the Inspire 100 ETF (NYSE Arca: BIBL), bringing the total number of funds within its range of biblically aligned ETFs to four. The fund utilizes Inspire’s proprietary Impact Score methodology within the US large cap equity universe.



Evolve to buy Sphere’s ETF range

Nov 2nd, 2017 | By
Evolve to buy Spheres ETF range

Evolve Funds has announced it has entered an agreement to buy Sphere Investment Management’s five ETFs, which are listed on the Toronto Stock Exchange.