Source has unveiled the Source Bloomberg Commodity UCITS ETF (LON: CMOD), a new fund tracking the well-known Bloomberg Commodity Index, and the latest addition to the firm’s “portfolio essentials” range of ETFs. At a cost of 0.40% per annum, investors may receive diversified exposure to over 20 commodities across the agriculture, energy, industrial metals, precious metals and livestock sectors. The fund will compete with existing funds from ETF Securities and UBS which track the same index.

UBS Global Asset Management has cross-listed the UBS Barclays TIPS 10+ UCITS ETF (UIMB) on Deutsche Börse’s Xetra and Frankfurt exchanges. The fund tracks the Barclays Capital US Government 10+ Year Inflation-Linked Bond Index, providing exposure to US Treasury Inflation-Protected Securities (TIPS) with a minimum term of 10 years. Andrew Walsh, Head of UBS ETF Sales UK & Ireland, commented: “[With this] ETF our clients our able to protect long-term purchasing power and gain access to an asset class that compounds the real rate of return.”

Thomson Reuters has launched the Thomson Reuters Western Eurozone Mid & Small Cap Total Return Index, a market capitalization weighted reference for the performance of small- and mid-cap companies listed in the Western Eurozone bloc. The index may be licensed by ETF providers for product development.

UBS has launched a suite of ETFs seeking to mitigate inflation risk by tracking US Treasury Inflation-Protected Securities (TIPS). The ETFs provide exposure to either shorter term (with remaining maturities between one and ten years) or longer term (greater than ten years) TIPS, while trading in British pounds. Currency-hedged versions of the shorter term TIPS ETF relative to the British pound, Swiss franc or euro have also been launched. Andrew Walsh, Head of UBS ETF Sales UK & Ireland, commented: “With this innovative suite of ETFs our clients our able to protect long-term purchasing power and gain access to an asset class that compounds the real rate of return.”

UBS has launched the UBS S&P 500 hedged GBP UCITS ETF (LON: USPG), offering exposure to the performance of the bellwether S&P 500 Index, the most widely followed reference for the performance of US large cap stocks, while hedging exposure to fluctuations in the US dollar/British pound exchange rate. Andrew Walsh, Head of UBS ETF Sales UK & Ireland, commented: “The launch of our S&P 500 hedged GBP ETF is particularly timely given recent events in the US and we would expect to see this product gain a fair amount of interest.”

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.”

WisdomTree has launched the WisdomTree Dynamic Currency Hedged International Quality Dividend Growth Fund (Bats: DHDG), an ETF providing exposure to developed international dividend-paying stocks with strong growth and value characteristics. The fund further aims to boost returns by using hedges only when they are deemed to be profitable – according to carry, value and momentum signals. Jeremy Schwartz, WisdomTree Director of Research, commented: “For those who do not want to make the timing decision themselves, DHDG will help dynamically adjust currency-hedge ratios based on a data-driven, transparent process.”

European-listed equity ETFs have seen positive inflows of €4.6bn between July and September, the first quarter of positive inflows this year as investors poured €2.5bn into US large cap and €3.3bn into emerging market ETFs. Jose Garcia-Zarate, Associate Director of Passive Strategies Research for Morningstar, notes that the relative strength of the US market, and a more positive outlook for emerging markets, are significant factors driving these flows.

BlackRock has expanded its range of iShares smart beta exchange-traded funds with the launch of four US equities ETFs. The funds have been launched in response to growing demand for smart beta strategies in Europe, with the industry recently surpassing $30bn in AUM. Each fund tracks an MSCI index targeting broad US equities exposure while seeking to enhance risk-adjusted returns by tilting towards one of four factors: value, low size, momentum or quality.

BNP Paribas has unveiled the BNP Paribas RICI Enhanced Brent TR Index ETC on Deutsche Börse, allowing investors to participate in the performance of Brent Crude oil prices. The ETC applies an optimised rolling strategy by purchasing Brent Crude futures only with expiration dates in June and December, thereby potentially avoiding high negative rolling costs often associated with front month futures trading.