Archive for January 2017

Donald Trump is ‘making Russian ETFs great again’

Jan 12th, 2017 | By
FinEx Russian corporate Eurobond ETF implodes

In the world of Donald Trump’s post-truth politics, one fact remains undisputed: Russian equity ETFs have performed well in 2016 and analysts expect this performance to continue this year. The bounce back of crude oil prices and the olive branch from the US President-elect to Russian President Vladimir Putin helped the widely-followed MICEX Index to rise 27.6% during 2016 in Russian rouble terms, compared to a fall of 6.7% in the MSCI Emerging Markets Index over the same period. European investors may gain access to Russian equities through ETFs provided by Lyxor, iShares, Deutsche Asset Management, ComStage, RBS and HSBC.


Global ETF assets reach new record high at end of 2016

Jan 12th, 2017 | By
US and EM equity ETPs lead September flows, finds BlackRock

Assets invested in ETFs and ETPs listed globally reached a new record high of $3.546tn at the end of 2016 passing the prior record of $3.444tn set at the end of November 2016, according to ETF industry consultant ETFGI. ETFs/ETPs listed globally gathered a record $389.3bn in net inflows, surpassing the prior record of $372.3bn gathered in 2015. Equity ETFs/ETPs gathered the largest net inflows for the year with $231.9bn while fixed income and commodity ETFs/ETPs set new yearly records of $111.6bn and $30.8bn respectively.


ALPS launches US sector ETF based on Dorsey-Wright’s momentum strategy

Jan 12th, 2017 | By
Pacer ETFs modifies Trendpilot strategy with new ‘Extreme Valuation Trigger’

ALPS Advisors, in collaboration with investment advisory firm Dorsey, Wright & Associates (DWA), has launched the ALPS Dorsey Wright Sector Momentum ETF (Nasdaq: SWIN), designed to capture the returns attributable to momentum investing at both the sector and stock level in the US market. The fund is not the first to harness the DWA relative strength methodology and will compete with ETFs from Invesco PowerShares and First Trust.


UBS cross-lists Barclays TIPS 10+ ETF on Xetra

Jan 12th, 2017 | By
Andrew Walsh, Head of Passive & ETF Specialist Sales for UK & Ireland, UBS Asset Management

UBS Global Asset Management has cross-listed the UBS Barclays TIPS 10+ UCITS ETF (UIMB) on Deutsche Börse’s Xetra and Frankfurt exchanges. The fund tracks the Barclays Capital US Government 10+ Year Inflation-Linked Bond Index, providing exposure to US Treasury Inflation-Protected Securities (TIPS) with a minimum term of 10 years. Andrew Walsh, Head of UBS ETF Sales UK & Ireland, commented: “[With this] ETF our clients our able to protect long-term purchasing power and gain access to an asset class that compounds the real rate of return.”


Trump’s opposition to AT&T and Time Warner merger overshadows US sector ETFs

Jan 12th, 2017 | By
AT&T Time Warner Sector ETFs

US sector ETFs that invest in telecommunications and technology stocks are at risk after Donald Trump has opposed the $85.4bn deal to merge US telecom giant AT&T Inc and media behemoth Time Warner Inc. The US President-elect has described the merger as a “bad deal” leading to the shares of AT&T and Time Warner falling by 3.1% and 3.8% respectively on the day of the announcement. The firms’ equities had previously rallied around 10% since the election. Telecoms ETFs listed in Europe from Deutsche Asset Management and Lyxor hold almost 25% in AT&T.


Beaumont Capital launches ETF-based smart beta fixed income strategy

Jan 11th, 2017 | By
Dave Haviland, Beaumont Capital Management’s Managing Partner.

Beaumont Capital Management, has launched the BCM Dynamic Global Fixed Income strategy, a smart beta investment solution seeking opportunities in a universe of fixed income ETFs based on bond market volatility. Dave Haviland, Beaumont Capital Management’s Managing Partner, said: “More than ever, investors need the same benefits of tactical management in their fixed income portfolio as they do for their equity investments.”


Nutmeg launches ETF-based fixed allocation portfolios

Jan 11th, 2017 | By
Martin Stead, CEO of Nutmeg.

Nutmeg has launched a new investment range of fixed allocation portfolios, becoming the first digital investment firm to offer both a fixed allocation product and a managed portfolio service. For an annual fee of 0.45%, or 0.25% for investments above £100,000, investors will receive a globally diversified portfolio constructed exclusively with ETFs, with free dividend reinvestment, automated rebalancing, and no extra or hidden costs. Martin Stead, CEO of Nutmeg, commented: “Our new fixed allocation portfolios will particularly appeal to experienced investors with a long-term mind-set.”


BCA Research introduces ETF analytics product

Jan 9th, 2017 | By
Morningstar reports strong 7.5% quarterly growth in ETF Managed Portfolios

Canada-headquartered investment research firm BCA Research has launched Global ETF Strategy, a new service that harnesses its thematic top-down macro research to provide greater analysis of a wide range of US-listed ETFs in terms of cost, liquidity, and efficiency, as well as portfolio risk profile.


Guggenheim places 16 ETFs on E*TRADE’s commission-free platform

Jan 5th, 2017 | By
Guggenheim changes name of actively managed $1bn enhanced short duration ETF

Guggenheim Investments has placed 16 ETFs on E*TRADE’s commission-free trading platform including the $11.8bn Guggenheim S&P 500 Equal Weight ETF (NYSE: RSP). William Belden, Managing Director and Head of ETF Product Development at Guggenheim Investments, commented: “Guggenheim’s participation in E*TRADE’s Commission-Free ETF platform underscores our ongoing commitment to providing investors access to innovative solutions through our distinctive ETF product line. Equal weight strategies represent an alternative to traditional cap-weighted strategies, which have several potential drawbacks.”


Schwab adds 12 ETFs to commission free platform

Jan 4th, 2017 | By
Heather Fischer, vice president, ETF and mutual fund platforms, Charles Schwab

Charles Schwab has announced that Schwab ETF OneSource is adding 12 more ETFs to its line up, allowing investors to trade a total of 228 ETFs without paying any commission, enrolment chanrges or early redemption fees. Heather Fischer, Vice President of ETF Platform Management at Charles Schwab, commented: “Schwab ETF OneSource is growing in every way – we’ve added to both our provider and fund ranks in the last year, and continue to offer investors of all sizes the most choice when it comes to commission-free ETFs.”