‘ Source ’

LSE reports October ETF trading volume up 3%

Nov 8th, 2017 | By
LSE reports October ETF trading volume up 3%

The London Stock Exchange (LSE) has reported that total on-exchange value traded for ETFs in October 2017 was £27 billion through 290k trades, an increase of 3% compared to October 2016. The average order book trade size for ETFs was £38k during the month.

PowerShares Source lists Europe small-cap ETF in Italy; PIR compliant

Nov 4th, 2017 | By
PowerShares Source cross-lists Europe small cap ETF in Italy

PowerShares Source has listed the Source STOXX Europe Small 200 UCITS ETF (SDJSML IM) onto the Borsa Italiana. The ETF, which meets the requirements of Italy’s new PIR tax-exempt savings plan, gives exposure to small-cap equities from developed markets in Europe. 

ETF commentators respond to BoE’s ‘dovish’ rate hike

Nov 3rd, 2017 | By
BOE announces dovish rate hike

The Bank of England (BoE) has announced a widely expected increase in the base rate from 0.25% to 0.50%, the first rise in over a decade, after the Bank’s Monetary Policy Committee voted 7-2 in favour of the hike. Market commentators from across the ETF industry share their interpretations of the rate rise.

SPY passes $250 billion AUM milestone

Oct 23rd, 2017 | By
SPY passes $250 billion AUM milestone

State Street Global Advisors‘ SPDR S&P 500 ETF (NYSE Arca: SPY), the first ETF to launch in the US, has hit more than $250 billion in assets under management. While the milestone is clearly impressive, the giant ETF is actually losing ground to lower-cost alternatives from rival issuers iShares and Vanguard.

PowerShares rolls out eurozone HY bond ETF in partnership with PIMCO

Oct 13th, 2017 | By
PowerShares Source rolls out new euro bond ETF in partnership with PIMCO

Invesco PowerShares has unveiled a eurozone short-term high yield ETF to complement its existing $1.2 billion US-focused product. Launched in partnership with fixed income specialists PIMCO, the ETF is likely to appeal to investors who are seeking higher income than they can get from government or investment grade corporate bonds.

September ETF trading on LSE up 18% from 2016

Oct 11th, 2017 | By
VanEck launches two new ETFs in London

The London Stock Exchange (LSE) has released its monthly ETF roundup for September 2017. Total on-exchange value traded for ETFs during the month was £28.2 billion through 289k trades, up 18% compared to September 2016.

Invesco PowerShares launches Europe’s first preferred shares ETF

Oct 3rd, 2017 | By
Nicolas Samaran, head of EMEA ETF innovative product development at Invesco

Invesco PowerShares has launched the first ETF in Europe to offer targeted exposure to preferred shares. The PowerShares Preferred Shares UCITS ETF (PRFD) is linked to the BofA Merrill Lynch Diversified Core Plus Fixed Rate Preferred Securities Index and has been listed on the London Stock Exchange. Nicolas Samaran, head of innovative product development at Invesco PowerShares, said: “With interest rates and bond yields at all-time lows, investors have really struggled to generate meaningful income. Preferred shares provide yields comparable to high-yield bonds, but from securities issued typically by more well-known companies.”

Thematic investing with ETFs: Infrastructure

Oct 2nd, 2017 | By
Thematic investing using ETFs: Infrastructure

Infrastructure is an essential part of a functioning society. It encompasses the physical structures and services that connect the different parts of a society and enable its efficient functioning. In this article, we take a look at how investors can use thematic ETFs to gain exposure to infrastructure.

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.”

Thematic investing with ETFs: Healthtech

Sep 27th, 2017 | By
Tema launches cardio-focused biotech ETF

Advances in technology are changing healthcare. From cell therapy to neuroscience, to big data and nanotechnology, the frontiers of healthcare and medicine are constantly being expanded. The $4.2 billion poured into healthtech start-ups in 2016 shows the vast potential in the area for firms developing cutting-edge healthcare technology solutions. For investors, thematic ETFs such as the iShares Healthcare Innovation UCITS ETF provide a simple way to gain pure-play exposure to this exciting megatrend.