Archive for 2012
Sep 4th, 2012 |
By Simon Smith, CFA
STOXX has announced the introduction of the STOXX+ Global Max Traded 200 Index. The new index applies an advanced set of screens to ensure that only the largest and most frequently traded companies worldwide are included, while at the same time offering a wide global diversification. The STOXX+ Global Max Traded 200 Index is geared towards active trading purposes and has been designed to act both as a proper benchmark for actively managed funds, and to underlie exchange-traded funds (ETFs) and other investable products.
Posted in ETF and Index News |
Comments Off on STOXX unveils new global blue-chip index
Tags: Amundi, Credit Suisse, DWS Xtrackers, ETF and Index News, ETF Industry News, iShares, Lyxor, Source, SSGA SPDR, STOXX, UBS
Sep 4th, 2012 |
By Simon Smith, CFA
Deutsche Bank has announced the launch of the DB Core US CPI Index (Bloomberg ticker: DBLNCPI, Reuters RIC: DBLNCPI), the first tradable index that tracks core inflation. The DB Core US CPI Index, tradable on an over-the-counter basis, is designed to track the Core Consumer Price Index (CPI).
Posted in ETF and Index News |
Comments Off on Deutsche Bank launches first tradable index tracking core US inflation
Tags: DWS Xtrackers, ETF and Index News, ETF Industry News, ETNs and ETCs, Europe, Fixed Income, Invesco, United States and Canada
Sep 4th, 2012 |
By Simon Smith, CFA
Daniel Green, a currency strategist at JP Morgan Asset Management in London, recently made the case for a tactical short-term long position in the euro versus the Australian dollar. One potential way to play this is via ETF Securities’ ETFS Short AUD Long EUR ETC (XNJK). This ETC tracks the MSFX Short Australian Dollar/Euro Total Return Index and provides short exposure to movements in exchange rate between AUD and EUR.
Posted in Alternatives / Multi-Asset |
Comments Off on Long euro, short Australian dollar ETC could be about to bounce
Tags: Asia Pacific, Currencies, ETF Securities, ETNs and ETCs, Europe, JP Morgan, Themes and Strategy
Sep 3rd, 2012 |
By Simon Smith, CFA
The LGIM Commodity Composite Source ETF (LGCU), a broad-based commodity exchange-traded fund, has accumulated more than $150 million in assets since its launch in January this year, according to a statement from the fund’s sponsors, Legal & General Investment Management (LGIM) and Source. Commenting on the milestone, Stefan Garcia, Head of commodity sales at Source, said: “The success of this product supports both the value of optimised indices, counterparty risk diversification and the role of LGIM as index manager.”
Posted in Commodities |
Comments Off on LGIM Commodity Composite Source ETF surpasses $150m in assets
Tags: Commodities, ETF and Index News, ETF Industry News, ETF Securities, iShares, Lyxor, RBS, Source, United Kingdom
Sep 3rd, 2012 |
By Simon Smith, CFA
Financial advisers and investors are struggling to prepare for the imminent impact of new regulations under the Financial Service Authority’s Retail Distribution Review (RDR), a BlackRock-commissioned survey of advisers has found. From January next year, investment advice will become fee-based, replacing commissions advisers previously received from product providers. However, 61 percent of advisers said they did not feel prepared for RDR, with 87 percent admitting they had not finalised future client propositions.
Posted in ETF and Index News |
Comments Off on Financial advisers and investors struggling to prepare for RDR
Tags: ETF Industry News, iShares, United Kingdom
Sep 3rd, 2012 |
By Simon Smith, CFA
First Trust Advisors, a US-based investment manager, has announced the launch of the First Trust CBOE S&P 500 VIX Tail Hedge ETF (VIXH), an S&P 500-tracking exchange-traded fund (ETF) with an inbuilt insurance mechanism to help protect against extreme market swings. The NYSE-listed fund employs a tail-hedging strategy which utilises call options on the CBOE Volatility Index (VIX) in an attempt to offset some of the potential losses associated with extreme unexpected events, so-called “black swans”.
Posted in Alternatives / Multi-Asset |
Comments Off on First Trust launches CBOE S&P 500 VIX Tail Hedge ETF (VIXH)
Tags: Equities, ETF Industry News, ETF Launch, First Trust, Invesco, Ossiam, S&P Dow Jones, United States and Canada, Volatility
Aug 29th, 2012 |
By Simon Smith, CFA
The price of gold reached $1,674 per ounce last week – a four-month high, and a 4% gain for the week – as a result of speculation concerning a third round of quantitative easing in the US and further accommodative monetary policy in Europe. With central banks on both sides of the Atlantic seemingly preparing to fire up the printing presses, investors have been turning to physically-backed gold exchange-traded funds (ETFs), such as SSgA’s $69 billion SPDR Gold Shares ETF (GLD), to preserve their wealth.
Posted in Commodities |
Comments Off on Investors buy gold ETFs in anticipation of QE3
Tags: DWS Xtrackers, ETF Securities, ETNs and ETCs, Europe, Gold and Precious Metals, iShares, Source, SSGA SPDR, Themes and Strategy, United Kingdom, United States and Canada
Aug 29th, 2012 |
By Simon Smith, CFA
Amid growing wealth and increased government spending, pharmaceuticals, medical technology and health infrastructure have been highlighted as attractive investments in emerging markets. For investors seeking broad exposure to emerging markets healthcare, a number of exchange-traded funds (ETFs) fit the bill. Moreover, many of these funds, such as the db x-trackers MSCI Emerging Markets Healthcare TRN Index ETF (XMEH) and the EGShares Health Care GEMS ETF (HGEM), have been strong performers this year, demonstrating the potential of the sector.
Posted in Equities |
Comments Off on Emerging markets healthcare ETFs to benefit from growing wealth and government spending
Tags: China, Dow Jones Indexes, DWS Xtrackers, EG Shares, Emerging and Frontier, Equities, MSCI, Themes and Strategy
Aug 29th, 2012 |
By Simon Smith, CFA
The S&P/Case-Shiller Home Price Index showed that US home prices gained in the second quarter, and for the fifth straight month. David M. Blitzer, Chairman of the S&P Dow Jones Index Committee, said: “We seem to be witnessing exactly what we needed for a sustained recovery: monthly increases coupled with improving annual rates of change.” This represents yet more good news for US homebuilder ETFs, which have already enjoyed outstanding performance so far this year.
Posted in Equities |
Comments Off on US house prices continue to rise; positive for homebuilder ETFs
Tags: Dow Jones Indexes, Equities, Invesco, iShares, S&P Dow Jones, SSGA SPDR, Themes and Strategy, United States and Canada
Aug 29th, 2012 |
By Simon Smith, CFA
Canada’s BMO Financial Group has announced that its exchange-traded fund (ETF) business has surpassed C$7 billion in assets under management (AUM) and has grown by C$1 billion (16 percent) in the last two months alone. “Our recent success has been driven by flows into ETFs which combine growth with attractive income,” said Kevin Gopaul, Chief Investment Officer and Senior Vice President, BMO Asset Management.
Posted in ETF and Index News |
Comments Off on Growth and income ETFs drive AUM higher at Canada’s BMO Financial Group
Tags: Barclays, Dow Jones Indexes, Equities, ETF and Index News, ETF Industry News, Fixed Income, United States and Canada