Lyxor launches robotics and AI ETF

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Lyxor launches ‘Rise of the Robots’ ETF

Lyxor has announced the launch of the Lyxor Robotics & AI UCITS ETF on LSE, Xetra and Borsa Italiana, offering exposure to firms that stand to benefit from the growth of the robotics, automation and artificial intelligence (AI) industries. It is based on the work of futurist Martin Ford. Chanchal Samadder, Head of Equity Product Development at Lyxor, said, “The robotics and AI industry is likely to change significantly as more players create and adopt the technology. The unique universe captured by our ETF could really help investors stay at the forefront of this dynamic market.”

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Latest news

BlackRock launches thematic ETFs on Inclusion & Diversity and Digital Security

BlackRock has launched a pair of ETFs – unconnected to each other – providing exposure to companies globally that are closely aligned with the themes of workplace inclusion & diversity and digital security. The funds have been listed on the London Stock Exchange and Xetra, and track indices provided by Thomson Reuters and Stoxx. Rob Powell, Lead Strategist, iShares Thematic Investing, commented: “As more and more investors are getting to know ETFs beyond the broad equity market exposures, our focus is on expanding this choice of tools to build future-smart portfolios.”

Kathryn Sweeney, Head of SPDR Americas Institutional Sales

SSGA expands presence in Mexico with 29 SPDR ETF cross-listings

State Street Global Advisors (SSGA) has cross-listed 29 SPDR ETFs, representing over $33.5 billion in assets under management, on the Mexican stock exchange, Bolsa Mexicana de Valores (BMV). “We are always looking for opportunities to improve access to markets for investors around the globe, and these additional listings provide greater choice to our institutional clients in the region,” said Kathryn Sweeney, Head of SPDR Americas Institutional Sales.

Invesco Communications services

Invesco launches ETF tracking new S&P 500 Communications sector

Invesco has broadened its range of US sector ETFs with the launch of the Invesco Communications S&P US Select Sector UCITS ETF (XLCS LN) on London Stock Exchange, providing exposure to the newly created Communications sector of the S&P 500 Index. Chris Mellor, Head of EMEA ETF Equity Product Management at Invesco, said “the new, broader Communications sector will offer higher growth potential, albeit with higher risk, and give investors the opportunity to access more cyclical companies.”

Caroline Baron Franklin Templeton ETFs

Franklin Templeton expands multi-factor equity suite with European ETF

Franklin Templeton has added the Franklin LibertyQ European Equity UCITS ETF to its line-up of European listed ETFs. The new ETF provides equity exposure to developed market European companies selected and weighted using a multi-factor smart beta approach. Caroline Baron, Head of ETF Sales EMEA at Franklin Templeton, commented: “We continue to build momentum and develop our suite of LibertyQ funds for the European market. For our line-up of multi-factor strategies, we target high quality companies that are attractively valued using momentum to identify investment trends and avoid value traps. We also use low volatility to help provide a defensive measure against downturns.”

Fixed Income

SDG bonds: Creating a world of opportunity for issuers and investors

Mike Amey, Head of Sterling Portfolio Management and ESG Strategies at PIMCO.

By Mike Amey, Head of Sterling Portfolio Management and ESG Strategies at PIMCO.

The United Nations has already provided the framework with the 2015 Sustainable Development Goals (SDGs), and investors like PIMCO stand ready to provide much needed financing to support these targets, which include bolstering infrastructure, ending poverty and making the planet greener. But to achieve these ambitious goals, we believe bond issuers, whether they are governments or companies, have an essential part to play by aligning debt issuance to specifically support the SDGs.

Fixed income specialist Tabula debuts with European CDS ETF

MJ Lytle, Chief Executive, Tabula Investment Management

Tabula Investment Management has launched its first ETF – the Tabula European Performance Credit UCITS ETF (TCEP LN) – on London Stock Exchange, providing exposure to European credit through an index tracking the credit default swap (CDS) market. The fund aims to provide a competitive yield without the direct interest rate risk inherent in traditional corporate bond indices. Michael John Lytle, CEO of Tabula, said the new ETF offers “precise credit exposure and the ability to increase or decrease it whenever you want to”.

Alternatives / Multi-Asset

American Century launches three new ETFs

American Century Investments ETFs

American Century Investments has launched three new ETFs on NYSE Arca. The funds include two passively managed smart beta products providing exposure to international and US equities and an actively managed municipal bond portfolio.

MVIS launches new index tracking leading crypto assets

MVIS launch new index tracking leading crypto assets

MV Index Solutions (MVIS), the indexing division of ETF issuer VanEck, has launched the Amun Crypto Basket Index, a digital assets index designed to track the top crypto assets. Developed in collaboration with Amun, a London-based financial technology company, the index includes the top five crypto assets by market cap and liquidity.

Commodities

Broad commodities: Does an optimised strategy still make sense?

Nitesh Shah Director Research WisdomTree

By Nitesh Shah, Director of Research, WisdomTree.

Investors in broad commodity ETFs have been well rewarded over the past year with the Bloomberg Commodity Index, a popular benchmark for these strategies, up over 7% since last June. This reflects strengthening commodity fundamentals with global demand still robust and supply tightness evident in some metals. Given the resulting backwardation in some commodities, does an optimised commodity strategy still make sense for investors?

WisdomTree adds currency hedging to smart beta commodity ETF

WisdomTree brings currency hedging to its smart beta broad commodity ETF

WisdomTree has introduced a new currency-hedged share classes for its WisdomTree Enhanced Commodity UCITS ETF. The new share classes help to mitigate currency risk between the US dollar-denominated futures contracts and the euro or pound sterling.

Equities

Fidelity unveils suite of dividend factor ETFs on Toronto Stock Exchange

Rob Strickland, President of Fidelity Investments Canada.

Fidelity Investments Canada has launched a suite of factor-based ETFs on Toronto Stock Exchange. The six new ETFs focus on dividend-payers from across Canadian, US, and international equity markets. “Factor investing offers tremendous opportunity to bring innovation to the Canadian marketplace,” said Rob Strickland, President of Fidelity Investments Canada.

Global X to shut ‘iconic US brands’ ETF

Global X to shut iconic US brands ETF

Global X Funds has announced that it will close and liquidate the Global X Iconic US Brands ETF (LOGO US). The fund’s last day of will be 28 September 2018.

Lyxor lists ESG “Trend Leaders” ETFs on Borsa Italiana

Lyxor lists ESG "Trend Leaders" ETFs on Borsa Italiana

Lyxor has cross-listed its suite of ESG “Trend Leaders” ETFs onto Borsa Italiana. Aimed at ethically conscious and socially responsible investors based in Italy, the ETFs provide exposure to the equity performance of high ESG (Environmental, Social and Governance) rated companies within the global, US, eurozone, and emerging markets universes.

ETF and Index News

Beyond 2018 – An ETF Odyssey

Beyond 2018 - An ETF Odyssey

By Allan Lane, PhD, Founding Partner, Algo-Chain.

As the ETF industry launches into ‘Passive Investing 3.0’ in the year of the 50th Anniversary of Stanley Kubrick’s science fiction masterpiece 2001: A Space Odyssey, it seems fitting that we can now talk about new ETFs that fall into the Artificial Intelligence & Machine Learning (AIML) category.  The trend for themed ETFs continues apace, so what exactly constitutes an AIML based ETF and do they provide a good investment opportunity?

Hang Seng launches China ‘New Economy’ and Stock Connect indices

Hang Seng launches China new economy and stock connect indices

Hang Seng Indexes has unveiled two new indices tracking different segments of the Chinese equity market. The Hang Seng China New Economy Index reflects the performance of Chinese companies that operate in ‘New Economy’ industries, while the Hang Seng Stock Connect Sector Top Index tracks the performance of companies across different sectors that are eligible for trading via the Stock Connect schemes.

Tradeweb reports net buying of equity and fixed income ETFs amid summer slowdown

Tradeweb reports net buying of equity and fixed income ETFs amid summer slowdown

Tradeweb has reported that equity and fixed income ETFs saw net buying on its European ETF marketplace during July, while muted total traded volume reflected similar seasonal patterns from prior years.