‘ United Kingdom ’

Is there another Woodford waiting to happen?

Jul 19th, 2019 | By
Is ESG investing a price bubble?

By Laszlo Hollo, Quantitative Research Vice President at MSCI.

When the Woodford Equity Income Fund suspended redemptions on 3 June 2019, it showed how, when a fund’s liquidity profile is misaligned with its shareholder profile and redemption constraints, a single large redemption request can trigger gating.

Should institutional investors be worried about liquidity constraints from other open-end funds? Based on our analysis, a handful of large equity UCITS funds had the potential to find themselves in a situation similar to that of the Woodford Equity Income Fund.

BetaShares FTSE 100 ETF commences trading on ASX

Jul 18th, 2019 | By
BetaShares launches Australian government bond ETF

The BetaShares FTSE 100 ETF (F100 AU) has commenced trading on the Australian Securities Exchange (ASX). The fund is Australia’s first ETF to track the FTSE 100, the UK’s pre-eminent blue-chip equity index. Alex Vynokur, Chief Executive Officer of BetaShares added, “We’re very pleased to have launched the first UK-oriented ETF available on the ASX, which will give investors the ability to specifically allocate UK stocks into their portfolios.”

EFAMA dismisses concerns over ETF liquidity and counterparty risk

Jul 17th, 2019 | By
EFAMA dismisses concerns over ETF liquidity and counterparty risk

The European Fund and Asset Management Association (EFAMA) has dismissed concerns voiced by the European Central Bank’s semi-annual Financial Stability Review last year relating to potential liquidity and counterparty risks in ETFs, labelling the concerns as ‘misplaced’.

Ultumus and Woodseer Global partner on ETF dividend forecast product

Jul 16th, 2019 | By
Woodseer Global and ULTUMUS partner on ETF Dividend Forecast product

ETF data provider Ultumus and dividend forecasters Woodseer Global have teamed up to launch an ETF Dividend Forecast product. The service provides a forward-looking yield profile for equity ETFs based on the predicted dividend payments of its underlying securities. Bernie Thurston, CEO, Ultumus, said, “Working with Woodseer allows us to provide our clients with a reliable and comprehensive ETF dividend data source which is fully integrated into our service offering.”

UK wealth portfolios to accelerate ETF use, predicts BlackRock

Jul 8th, 2019 | By
Joe Parkin, Head of iShares UK

The proportion of UK wealth portfolios invested in index funds and ETFs will grow by 50% in the next two years, making up around 30% of total UK managed assets, according to a report from BlackRock, the issuer of iShares ETFs. Joe Parkin, Head of iShares UK, said, “There is growing recognition that many of the habits and processes that have got us to where we are today have become outdated and won’t meet the needs of clients in the future. The investment industry is beginning to stir and respond, and while change won’t happen overnight, the direction of travel is clear and irreversible.”

BetaShares to introduce Australia’s first FTSE 100 ETF

Jul 8th, 2019 | By
Australia to welcome its first FTSE 100 ETF BetaShares

Sydney-based ETF issuer BetaShares is set to unveil the BetaShares FTSE 100 ETF (F100 AU) on the Australian Securities Exchange. The fund, which according to Bloomberg is scheduled to begin trading on 17 July 2019, is the country’s first ETF to provide exposure to the UK’s flagship equity market index, the FTSE 100.

UK equity income: an alternative approach

Jun 28th, 2019 | By
WisdomTree rolls out GBP share classes for three oil ETCs

By the ETF Research Team at WisdomTree.

As we enter the latter part of the economic cycle many investors are reticent about dramatically lowering their equity allocations and giving up potential upside but are also wary of market risks both at home and globally. Against this backdrop, investors are considering the benefits of allocating to UK equity income strategies that focus on holding high yielding dividend paying companies.

HANetf assets surpass $50m

Jun 28th, 2019 | By
European investors demand defined outcome ETFs

Assets under management at white label UCITS ETF issuer HANetf have surpassed $50 million. The success of the platform and the speed with which funds have been brought to market offer a proof of concept of the white label model. Hector McNeil, co-Founder and co-CEO HANetf, said, “We are delighted to have reached this important milestone, which demonstrates the unique power of the HANetf platform.”

BlackRock slashes fees on two UK gilt ETFs

May 30th, 2019 | By
BlackRock trims fees on its three flagship US equity ETFs

BlackRock has slashed the fees on two of its largest fixed income ETFs providing exposure to UK government bonds, commonly known as gilts. The ongoing charges figure (OCF) for the iShares Core UK Gilts UCITS ETF (IGLT LN) has been reduced to 0.07% from 0.20%, while the iShares GBP Index-Linked Gilts UCITS ETF (INXG LN) has been trimmed to 0.10% from 0.25%.

BlackRock unveils MyMap active multi-asset portfolios built with ETFs

May 29th, 2019 | By
BlackRock launches suite of active portfolios built with ETFs

BlackRock has launched a range of actively managed multi-asset portfolios, branded MyMap, which are built exclusively using iShares ETFs and passive index funds. The range comprises four portfolios which cater to different risk appetites by targeting defined volatility bands. Pollyanna Harper, Head of iShares UK Intermediary Sales at BlackRock, commented, “With increasing emphasis on individuals to take control of their finances themselves, it’s vital they have access to simple, accessible products which allow them to feel more in control.”