Archive for 2013

Direxion introduces triple leveraged long and short junior gold miners ETFs

Oct 10th, 2013 | By
Getting giddy for gold miners

Direxion, a leading provider of short and leveraged exchange-traded funds, has introduced two new products offering triple leveraged long and short exposure to a global portfolio of junior gold mining companies. Both products have been listed on the NYSE Arca and are linked to the Market Vectors Junior Gold Miners Index.


BATS Chi-X Europe signs up iShares for debut ETF listings

Oct 9th, 2013 | By
BATS Chi-X Europe unveils ETF transparency initiative

BATS Chi-X Europe, Europe’s largest equity exchange, has revealed plans to launch a pan-European listings business which aims to address specific inefficiencies in the European exchange-traded fund market. The announcement comes just five months after the exchange was granted Recognised Investment Exchange status by the UK’s Financial Conduct Authority. The listings business looks set to get off to a bright start having signed up ETF giant iShares as the first issuer to list on the regulated market segment of the exchange.


Lyxor lists China A-share ETF on London Stock Exchange

Oct 9th, 2013 | By
Nikko: Will investors be ready when Chinese bonds go global?

Lyxor, Europe’s third largest provider of exchange-traded funds, has extended its range of emerging markets ETFs with the launch of the Lyxor UCITS ETF CSI 300 A Shares (CSIL) on the London Stock Exchange. The fund is linked to the CSI 300, an index consisting of the 300 stocks with the largest market capitalisation and liquidity from the entire universe of A-share companies traded on China’s Shanghai and Shenzhen stock exchanges.


Pimco, Source add GBP trading line to EM local bond ETF

Oct 9th, 2013 | By
IG Group offers commission free ETF trading to ISA accounts during March and April

Pimco and Source have announced that the Pimco EM Advantage Local Bond Index Source ETF is now available in GBP on the London Stock Exchange. The fund, which was previously tradable in USD only, is linked to the innovative Pimco EM Advantage Local Currency Bond Index. The Pimco EM Advantage Local Currency Bond Index tracks the performance of a GDP-weighted basket of locally-denominated government debt and currencies of emerging market countries. The index currently offers exposure to 12 emerging market countries.


iShares expands range of currency-hedged Japanese equity ETFs

Oct 8th, 2013 | By
Nikko launches yen-hedged DJIA ETF in Japan

iShares, the exchange-traded funds (ETF) platform of BlackRock, has expanded its currency-hedged ETF range with the launch of the iShares MSCI Japan USD Hedged UCITS ETF (IPJD) on the London Stock Exchange. Linked to a currency-hedged version of the MSCI Japan Index, the fund invests in Japanese equities in a way that seeks to protect investors from the impact of fluctuations between the base currency of the fund – US dollar – and the currency denomination of the underlying investments – yen.


Lyxor launches SG European Quality Income ETF

Oct 7th, 2013 | By
Lyxor launches SG European Quality Income ETF

Lyxor has unveiled the Lyxor UCITS ETF SG European Quality Income (SGQG), an exchange-traded fund that seeks to deliver a risk profile similar to many low-volatility equity strategies with the added advantage of a higher dividend yield income. The new fund comes on the back of the success of the Lyxor UCITS ETF SG Global Quality Income (SGQL), a global equity fund based on the same underlying strategy, which has gathered almost $550 million in assets since its launch in 2012.


Global ETF and ETP assets reach $2.22 trillion, a new record high

Oct 7th, 2013 | By
US and EM equity ETPs lead September flows, finds BlackRock

Strong net inflows of $35 billion in September and positive market performance helped to push global exchange-traded fund (ETF) and exchange-traded product (ETP) assets to $2.22 trillion, a new record high, at the end of Q3 2013, according to ETFGI, a London-based consultancy. The global ETF/ETP industry now has 4,982 ETFs/ETPs, with 10,019 listings, across 57 exchanges, from 212 providers.


WisdomTree launches emerging markets consumer growth ETF

Oct 7th, 2013 | By
WisdomTree launches China equity and global balanced income ETFs

WisdomTree, a US-based provider of exchange-traded funds (ETFs), has announced the launch of the WisdomTree Emerging Markets Consumer Growth ETF (EMCG). The fund, which has been listed on the Nasdaq Stock Market, is linked to the WisdomTree Emerging Markets Consumer Growth Index, a fundamentally weighted index that consists of stocks that best exemplify growth trends in emerging market consumers and their local economies.


Nasdaq OMX and Newfound to develop rules-based strategy indices

Oct 7th, 2013 | By
Nasdaq OMX and Newfound to develop rules-based strategy indices

Newfound Research, a Boston-based quantitative investment advisor, and Nasdaq OMX Group, a leading exchange group and index provider, have agreed to collaborate on a range of rules-based investment strategy indices. The news indices, which will combine Newfound’s investment insight with Nasdaq OMX’s pedigree in the index space, will include a risk managed income strategy, a global defensive equity strategy, a target excess yield strategy and a US equity dynamic long/short strategy.


Source, Nomura offer private equity exposure in liquid ETF format

Sep 30th, 2013 | By
Have high-yield ETFs created liquidity risk?

Source, a European provider of exchange-traded funds, has teamed up with Asian investment bank Nomura to unveil an innovative new ETF which aims to match the returns of investing in private equity buyout funds through exposure to listed, public-market instruments. Listed on the LSE and linked to the Nomura QES Modelled Private Equity Returns Index (PERI), the newly launched Source Nomura Modelled PERI UCITS ETF has a lower minimum investment than traditional private equity funds and, like all ETFs, can be bought and sold on exchange, throughout the trading day.