‘ Russell ’

Wahed Invest launches Shariah-compliant US equity ETF

Jul 16th, 2019 | By
SP Funds launches Sharia-compliant global technology ETF

Halal-focused investment firm Wahed Invest has debuted its first ETF – the Wahed FTSE USA Shariah ETF (HLAL US). Listed on Nasdaq, the fund is linked to the FTSE USA Shariah Index which provides exposure to US large- and mid-cap firms that comply with Shariah principles.

FTSE Russell launches two new ESG index families

Nov 30th, 2017 | By
Emerge debuts three sustainable equity ETFs

FTSE Russell, one of the biggest players in the ETF indexing space, has announced the expansion of its environmental, social and governance (ESG) equity index offering with the launch of the FTSE Global Climate Index Series and the FTSE ESG Index Series.

Fullgoal becomes first Chinese issuer to list ETF in Europe

Jun 22nd, 2016 | By
Fullgoal becomes first independent Chinese issuer to list an ETF in Europe

HK-based Fullgoal Asset Management has launched a fixed income ETF on the London Stock Exchange, becoming the first Chinese issuer to list an ETF in Europe independently in its own right. The Fullgoal FTSE China Onshore Sovereign and Policy Bank Bond 1-10 Year Index ETF (LSE: RMB3) provides exposure to RMB-denominated bonds issued by the Chinese government and China’s so-called “policy” banks. Michael Chow, Head of International Business and Managing Director at Fullgoal, said: “The Chinese onshore fixed income market is the world’s third-largest bond market. Our fund provides an avenue for overseas investors to access an otherwise not easily accessible market. We believe that, over time, RMB fixed income will become an essential asset class for global investors.”

LSE to acquire Russell, creating major player in ETF indexing space

Jun 26th, 2014 | By
VanEck launches two new ETFs in London

London Stock Exchange Group (LSE) has been successful in its bid to acquire the Frank Russell Company. The board of LSE believes the acquisition is a rare opportunity to acquire a high quality US business with a leading global indexing brand – Russell Indexes. The acquisition comes at a time when passive index-linked investing – particularly via exchange-traded funds – is fast taking market share from traditional active strategies. The combination of Russell Indexes with FTSE, LSE’s existing index brand, creates a global leader in index services and the number three provider of indices to ETFs globally.

LSE Group eyeing bid for indexing giant Russell

May 13th, 2014 | By
VanEck launches two new ETFs in London

The London Stock Exchange Group (LSEG) has confirmed that is evaluating the merits of a potential bid for Russell Investments. LSEG is the owner of FTSE Group, a leading index provider, and is understood to be interested in acquiring Russell primarily for Russell Indexes, the company’s vast indexing business. Russell Indexes is one of the leading providers of indices to the fast-growing exchange-traded funds industry, with more than $150 billion in assets invested in Russell-linked ETFs.

Russell launches highly tradable UK mid-cap index

Dec 4th, 2013 | By
Active equity funds underperform benchmarks in UK, finds S&P

Russell Investments, a leading investment manager and index provider, has announced the launch of the Russell UK Mid 150 Index, an index providing a highly tradable representation of the UK mid-cap market. The index has been designed in response to specific sell-side demand for exposure to the UK mid-cap market that can be traded with high efficiency, and can be used as the basis for index-linked investment products such as swaps, futures and exchange-traded funds (ETFs).

Traditional fund managers poised to capitalise on active ETFs

Aug 4th, 2013 | By
Traditional fund managers poised to capitalise on active ETFs

Despite declining fund use among advisors, traditional mutual fund managers, particularly large fund complexes, are poised to play a leading role in the next phase of the exchange-traded fund (ETF) revolution – the rollout of active ETFs – according to a report from Cogent Research. As interest in active ETFs builds, it appears that traditional fund managers are well positioned to capture (or retain) a portion of future active ETF flows.

Russell terminates passive ETFs to focus on active asset allocation ETFs

Aug 20th, 2012 | By
Russell terminates passive ETFs to focus on active asset allocation ETFs

Following a strategic review, Russell Investments has formally announced the termination and liquidation of the company’s US passively managed family of exchange-traded funds (ETFs). Russell will continue to focus on offering solutions in the actively managed, asset allocated ETF space, including maintaining the Russell Equity ETF (ONEF), as part of its core capability in investment strategy implementation as well as in the passive ETF space through its index licensing business.

Russell and FocusShares signal retreat, while Direxion, Lyxor and Horizons announce specific ETF closures

Aug 7th, 2012 | By
Russell and FocusShares signal retreat, while Direxion and Lyxor announce specific ETF closures

Two relative newcomers to the US ETF game, Russell Investments and FocusShares, have signalled their retreat, reflecting the intense competitive pressures within the US market as ETF giants iShares, SPDR and Vanguard monopolise inflows. Meanwhile, elsewhere, US-based Direxion, Europe-based Lyxor and Canada-based Horizons have announced the pending closure or delisting (of secondary listings) of some of their less popular funds.

FTSE launches low volatility FTSE Global Minimum Variance Index Series

Aug 1st, 2012 | By
DWS unveils risk-controlled high yield ETF

FTSE Group has leveraged its combined index and analytics experience to launch a series of indices aimed at delivering reduced index volatility. The newly launched FTSE Global Minimum Variance Index Series provides investors with a broad, diversified and investable portfolio incorporating a low volatility/variance objective, thereby offering potential improvements to the risk/reward trade-off versus conventional indices. The index series will compete against similar products from MSCI, S&P, Stoxx and Russell and could form the basis for future ETF launches.