‘ Guggenheim ’

Invesco announces changes to ETF line-up

Dec 16th, 2019 | By
Invesco announces changes to ETF line-up

Invesco has announced a shake-up to its product suite in the US including the closure of 42 ETFs and listing venue changes for 22 ‘BulletShares’ funds.

VanEck to close spin-off and EM sovereign bond ETFs

Jun 25th, 2018 | By
ALPS Advisors closing Dorsey Wright US sector momentum ETF

VanEck has announced that it plans to close two VanEck Vectors ETFs. The funds, both of which are listed on the NYSE Arca, are the VanEck Vectors Spin-Off ETF (SPUN) and the VanEck Vectors EM Investment Grade+BB Rated USD Sovereign Bond ETF (IGEM).

Invesco launches equal weight S&P 500 ETF in Canada

May 31st, 2018 | By

Invesco has launched the Invesco S&P 500 Equal Weight Index ETF (EQL CN) on Toronto Stock Exchange. The fund becomes Canada’s first ETF to provide equally weighted exposure to the companies that make up the S&P 500.

Invesco completes its acquisition of Guggenheim’s ETF business

Apr 9th, 2018 | By
Dan Draper, Global Head of ETFs at Invesco.

Invesco has completed its acquisition of Guggenheim Investments’ ETF division. The deal follows the company’s recent acquisition of ETF provider Source, and makes Invesco the fourth largest ETF provider globally with ETF AUM over $215bn. Dan Draper, global head of ETFs at Invesco, commented, “We’re excited to add Guggenheim Investments’ complementary ETF business to our existing robust range of factor, smart beta, fixed income and equal weight ETFs.”

BlackRock expands suite of iShares target-maturity bond ETFs

Mar 23rd, 2018 | By
iShares launches new target-maturity bond ETF

BlackRock has rolled out a new target-maturity fixed-income ETF in the US – the iShares iBonds Dec 2024 Term Muni Bond ETF (IBMM US) – holding investment-grade US municipal bonds maturing between 1 January 2024 and 2 December 2024.

Invesco to move to one global brand

Feb 16th, 2018 | By
Marty Flanagan, President and CEO of Invesco

Invesco has announced that it is moving to a unified global brand. The company will now be referred to as Invesco everywhere it does business with the brands affected by the change being Perpetual, Trimark and Invesco’s ETF business PowerShares. Marty Flanagan, president and CEO of Invesco, said, “Although we are moving to a unified brand, we will preserve the time-tested and distinctive investment perspectives, processes and approaches of our many investment teams across the globe.”

Guggenheim closes large-cap optimised ETF

Nov 22nd, 2017 | By
Amplify to close YieldShares Senior Loan and Income ETF

Guggenheim Investments will close and liquidate the Guggenheim Large Cap Optimized Diversification ETF (OPD US). The fund’s last trading day on the NYSE Arca will be 18 December 2017.

Invesco acquires Guggenheim’s ETF business

Sep 29th, 2017 | By
Martin L. Flanagan, president and CEO of Invesco

Invesco, the asset manager behind the PowerShares brand of ETFs, has agreed a deal to acquire Guggenheim Investments’ ETF business for $1.2 billion in cash. The business includes around $37 billion of assets under management, comprising ETFs such as the $13.8 billion Guggenheim S&P 500 Equal Weight ETF (RSP) and the popular BulletShares suite of defined-maturity bond ETFs. Martin L. Flanagan, president and CEO of Invesco, said: “Guggenheim Investments’ ETF business is highly complementary to Invesco’s, and will enable us to provide one of the industry’s most comprehensive and innovative ranges of smart beta ETFs.”

Indxx launches thematic climate change index

Sep 28th, 2017 | By
UBS AM to launch carbon credit ETC

Indxx has launched a thematic index – the Indxx Climate Change Index – tracking global companies from developed markets that provide products or services to mitigate and remediate the effects of climate change. The New York-based indexing boutique hopes that the index, which has been designed with ETF product development in mind, will enable investors to take a more climate-friendly perspective as well as gain exposure to the megatrend of climate change.

Goldman Sachs launches equal-weight US large cap ETF

Sep 15th, 2017 | By
Alpha Architect launches “Relative Sentiment” asset allocation ETF

Goldman Sachs has introduced the Goldman Sachs Equal Weight US Large Cap Equity ETF (Bats: GSEW) which provides access to the 500 largest US-listed equities while mitigating some of the biases inherent in traditional market cap-weighted indices.