State Street Global Advisors has cut the fee charged on the $500 million SPDR MSCI ACWI IMI UCITS ETF, making the fund the cheapest in Europe to track the investable-market-index version of the foremost world equity index, the MSCI ACWI.

S&P Dow Jones Indices and MSCI are set to implement changes to the Global Industry Classification Standard this month, modifications that will have an impact on S&P 500 ETFs as well as ETFs tracking specific sectors of the bellwether index.

After two painful years, the outlook for emerging market equities has notably brightened, according to strategists at SPDR, the ETF business of State Street Global Advisors.

State Street Global Advisors is set to combine two sizable ETFs, both of which provide US small-cap equities exposure, into a colossal fund with more than $7 billion in assets.

Gold ETFs registered their eighth consecutive month of net redemptions in December, although outflows were significantly reduced and flow trends in recent months suggest a turnaround in demand in early 2023.

Amundi has introduced a new fixed income ETF in Europe providing exposure to government and policy bank bonds issued in China.

State Street Global Advisors has announced an expense ratio reduction for the $320 million SPDR MSCI Emerging Markets UCITS ETF from 0.42% to 0.18%, effective 5 December.

Global X has expanded its suite of covered call strategies with three new ETFs targeting the financials, health care, and information technology sectors of the S&P 500.

First Trust has launched a new ETF targeting US-listed stocks of companies operating in the aerospace and defense industry.

Hang Seng Investment Management has launched a renminbi-denominated share class for Hong Kong’s largest ETF, the HK$110 billion ($14.0bn) Tracker Fund of Hong Kong.