Index IQ plans to liquidate three of its IQ ETFs in an ongoing process to review its product lineup and ensure it meets the evolving needs of clients. The funds set for the chop offer exposure to niche sectors which have not experienced the levels of demand anticipated at launch.

IndexIQ, a New York Life Investments company, has launched the IQ Chaikin US Large Cap ETF (CLRG US) on the Nasdaq Exchange. “The addition of CLRG to our product suite provides investors and advisors with a powerful tool as they contemplate their domestic equity holdings,” said Salvatore Bruno, CIO of IndexIQ.

IndexIQ has begun its foray into the actively managed ETF space with the launch of two new funds targeting the municipal bond market. Salvatore Bruno, IndexIQ CIO, said: “We expect that these new products will allow more investors to gain the benefits of exposure to this complex, yet important, sector of the bond market.”

New york-based asset manager IndexIQ has changed the expense ratios on ten of its ETFs, lowering the fees charged on four of its funds but surprisingly nudging up the costs of six ETFs.

Nasdaq Stock Market hosted 13 new exchange-traded fund listings from four issuers during the second quarter of 2017. ETF providers listing on the exchange during the quarter included Victory Capital, First Trust, Legg Mason and IndexIQ.

IndexIQ has launched five new ETFs that employ an environmental, sustainable and governance (ESG) filter to screen potential securities and then a smart beta multi-factor methodology to weight the selected constituents. The suite includes three equity and two bond (sovereign and corporate) ETFs listed on the Euronext Paris Exchange.

IndexIQ has launched the IQ Chaikin US Small Cap ETF (Nasdaq: CSML), providing investors with a smart beta investment solution targeting multifactor exposure across US-listed small cap equities.

IndexIQ has launched the IQ S&P High Yield Low Volatility Bond ETF (NYSE: HYLV), a factor-based fixed income ETF designed to provide exposure to high yield bonds from US issuers while capturing returns attributable to investing in the low volatility factor. The move is the latest step to expand the firm’s factor-based fixed income ETF range following the launch last year of two ETFs tracking bond sectors displaying the strongest positive total return momentum.

IndexIQ’s research team, including Adam Patti (pictured), CEO and Sal Bruno, CIO, have released its top five insights for market trends during 2017. The team notes that equity market volatility is likely to rise, divergent Central Bank policies may increase uncertainty for foreign exchange movements, and investors are likely to further shift assets into commodities. The firm also believes the ETF industry will continue to attract impressive amounts of net new assets with smart beta fixed income exposures being noted as a particularly strong avenue for growth.

Goldman Sachs Asset Management (GSAM) has unveiled an exchange-traded fund which tracks the 50 US equities that are most recurring in the top 10 positions across a wide range of US-based hedge funds. The ETF thereby provides investors with a cost efficient means of accessing the highest-conviction ideas of some of the best managers in the hedge fund industry. Michael Crinieri, Head of ETF Strategies at GSAM, commented: “We’re thrilled to be able to package these high conviction investment ideas from a broad array of professional investors into a cost effective, tax-efficient and convenient ETF wrapper.”