‘ Charles Schwab ’

Morningstar reports strong growth in ETF Managed Portfolios AUM

Apr 24th, 2018 | By
Schwab to launch low-cost high yield bond ETF

Investment research firm Morningstar has published the latest instalment of its ETF Managed Portfolios Landscape Report. The report, which covers the fourth-quarter of 2017, found that total AUM in the ETF managed portfolios segment increased by 7.0%, to $123.0 billion. Charles Schwab Investment Advisory holds the top spot with over $12.4bn in AUM across 15 strategies.

Tech ETFs recoup February losses, and then some

Mar 15th, 2018 | By
Cutting-edge technologies support the growth of the sector

One sector has more than recouped its losses from February’s volatility. Technology has stormed ahead over the past month; 12 of the 15 top-performing London-listed ETFs over one-month track a tech-based index. But, as Chris Dhanraj, Head of the ETF Investment Strategy team at iShares, notes, “In investing, past is not prologue… the question is: Can the good times roll on?”

Invesco knocks down fee on PowerShares Active US Real Estate ETF

Mar 12th, 2018 | By
Invesco knocks down fees on Active US Real Estate fund

Invesco is to take a chunk out of the management fee on its NYSE Arca-listed PowerShares Active US Real Estate ETF (PSR US), knocking it down from 0.80% to 0.35% as of 1 April 2018.

Deutsche adds two Xtrackers ETFs to Schwab’s commission-free platform

Jan 5th, 2018 | By
DWS lists international and EM ESG ETFs on NYSE

Deutsche Asset Management has announced it is offering two new ETFs on Schwab ETF OneSource, Charles Schwab & Co.’s program that provides investors and advisors with access to commission-free ETFs. Fiona Bassett, head of passive asset management in the Americas, said, “Through the addition of these funds to the program, Schwab clients will have the ability to access the Chinese and German equity markets in a cost-efficient way.”

Morgan Stanley launches ETF-based robo-advisor

Dec 13th, 2017 | By
JP Morgan Chase unveils ETF-based robo-advisor

Morgan Stanley has become the latest entrant into the US robo-advisor market following the official launch of Morgan Stanley Access Investing after a successful six-month pilot programme. The automated digital wealth management service consists of ten portfolios, comprising a mix of blended active-passive solutions, as well as purely passive portfolios constructed using ETFs.

ETF flows chasing fee cuts, reports FactSet

Nov 17th, 2017 | By
WisdomTree launches three inverse fixed income ETPs

ETF flows have started to chase the fund fee cuts that have become a staple of the industry in recent months, according to new research released by FactSet. The report comes in the wake of numerous announcements in the last few months of fee reductions and new ultra-low-cost funds from major players, including Charles Schwab, State Street Global Advisors, Franklin Templeton, Deutsche Asset Management and Invesco PowerShares.

Global ETF inflows up 80% on 2016 YTD, reports ETFGI

Oct 25th, 2017 | By
YTD Global ETF inflows up 80% on 2016, reports ETFGI

Year-to-date (YTD) net inflows for ETFs globally reached a record $433 billion at the end of September 2017, according to ETFGI, an increase of 79% from the same period in 2016. The $49bn of net new assets gathered during September marked the forty-fourth consecutive month of inflows and brings total global ETF assets to $4.5 trillion.

SSGA enters fee war with ultra-low-cost SPDR Portfolio ETFs

Oct 17th, 2017 | By
SSGA to offer Europe’s cheapest S&P 500 ETFs

State Street Global Advisors (SSGA) has unveiled the SPDR Portfolio ETFs, a suite of “ultra-low-cost” ETFs that aims to assist investors in the construction of a core portfolio strategy. Comprising 15 existing funds with reduced expense ratios, the SPDR Portfolio ETFs provide access to a range of asset classes including fixed income, and US, emerging market and international equity. Commenting on the move, Todd Rosenbluth, director of ETF & mutual fund research with CFRA, said SSGA has “aggressively crashed the low-fee ETF party consisting of iShares, Vanguard and Schwab.”

Moody’s investigates effects of smart beta ETF price war

Sep 14th, 2017 | By
Defiance launches S&P 500 target income ETF

The ongoing price war in smart beta ETF fees has the potential to negatively impact the credit ratings of traditional active asset managers as well as smart beta ETF providers, according to credit rating agency Moody’s.

US-listed ETFs gather $300bn net inflows YTD

Sep 14th, 2017 | By
US and EM equity ETPs lead September flows, finds BlackRock

ETFs and ETPs listed in the US have gathered $300 billion of net inflows in the first eight months of 2017 after attracting $24.2bn net new assets during August, according to ETF industry consultant ETFGI. The net inflows in August marked the 19th consecutive month of positive net gatherings for the region.