Gold ETFs get a boost from banking turmoil
Mar 21st, 2023 | By James Lord, CFA
Gold ETFs have performed well in recent weeks, notching up gains due to increased demand for safe-haven assets amid stress in the global banking system.
Gold ETFs have performed well in recent weeks, notching up gains due to increased demand for safe-haven assets amid stress in the global banking system.
Roundhill Investments has launched a new ETF providing focused exposure to the largest US-listed banks without any “filler holdings”.
Another ETF investing in special purpose acquisition vehicles (SPACs) is due to shut this week in a further sign that investor interest in what was once the stock market’s hottest trend has well and truly subsided.
ETFs providing exposure to Additional Tier 1 (AT1) bonds have come under pressure as a result of stresses in the global banking system following the demise of SVB and Signature in the US and Credit Suisse in Europe.
Fidelity International has launched a new fixed income ETF in Europe providing climate-friendly exposure to a broad portfolio of local currency government bonds issued globally.
JP Morgan Asset Management has launched a new actively managed equity ETF in the US focused on stocks listed in the Greater China region.