Global ETP Flows: Fixed Income Leads The Field
(NEW YORK CITY) January saw a significant jump in capital flowing into fixed-income exchange-traded products, according to the latest “ETP Landscape” report published by the BlackRock Investment Institute. These products set a new global monthly record of $9.0 billion of inflows in January 2012, soundly besting the previous record of $6.7 billion of inflows set
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SSgA Unveils New High Yield Bond ETF
(LONDON) State Street Global Advisors has launched its high yield bond ETF on the London Stock Exchange on the back of rising demand for fixed income. The new “SPDR Barclays Capital Euro High Yield Bond ETF” is physically replicated, buying all the constituents in the underlying index. According to CityWire, SSgA said the ETF offers
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First Ex-Japan Small Cap ETF Launched
(SAN FRANCISCO/NEW YORK CITY) According to a news release, iShares continued its torrid pace of product development with yet another first-to-market ETF, rolling out a fund targeting small cap Asian stocks excluding Japan. The new iShares MSCI All Country Asia ex Japan Small Cap Index Fund (Ticker AXJS) is the first to specifically target small
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BMO Led Canadian ETF Industry in Growth in 2011
(TORONTO) BMO Asset Management recently announced that its ETF business led the Canadian ETF industry in growth in 2011, accounting for $2.3 billion CDN or 49% of the growth of assets under management. Further, BMO ETFs, currently a suite of 44 funds, more than doubled in size, increasing from $1.5 billion to $3.8 billion in
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XIE Shares Will Start Trading Soon
(HONG KONG) Newcomer Enhanced Investment Products (EIP) confirmed the launch of seven new ETF products under the brand name “XIE Shares”. These ETFs will be an extension of EIP’s cost-effective index product offerings. The new “XIE Shares” will be launched on February 16 and February, 21 2012. These seven country-specific products intend to provide investment
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Institutions Turn To Leveraged And Inverse ETFs
(LONDON) Leveraged and inverse exchange traded funds are seen as the bad boys of the ETF world, criticised for delivering unexpected results and blamed for exacerbating market volatility. However, interest among institutional investors is growing, according to the FT’s February ETF special. The second most heavily traded ETF in Europe last year was an inverse
DetailsDB Launched Roll-Optimized ETC
(FRANKFURT) A new exchange traded commodity issued by db ETC Index plc has been tradable on Xetra since Friday. The new fund called “db Metals & Energy Booster ETC (EUR)” tracks the performance of the db Metals and Energy Booster Euro Unhedged Index. The index comprises 13 commodities from the precious and industrial metals and energy
DetailsTwo New UBS ETFs Tradable On Xetra
(FRANKFURT) UBS issued two new ETFs within Deutsche Börse’s XTF segment – both linked to US infrastructure companies. The first ETF is called “UBS ETF MSCI USA Infrastructure (USD) I”, the second one “UBS ETF MSCI USA Infrastructure (USD) A”. The two new ETFs are based on the same reference index, the MSCI USA Infrastructure
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Increased Desire For Tailor-Made Indices
(LONDON) Most money in ETFs tracks mainstream indices from one of the major index providers, such as FTSE, Dow Jones, Standard & Poor’s or MSCI. These indices are familiar products, understood even by not very sophisticated investors and reported on the news as indicators of the overall stock market. Recently, however, as the range of
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BNY Mellon Won New ETF Mandate
(NEW YORK CITY) BNY Mellon recently won the servicing mandate (including custody, fund accounting and fund administration) for the AdvisorShares Rockledge SectorSAM ETF (SSAM). This mandate expands BNY Mellon’s relationship with AdvisorShares, which began in 2009, to include 12 ETFs with assets totaling more than $420 million. Sub-advised by Rockledge Advisors LLC, the new ETF
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US ETF Trading Volumes Fall To Historic Lows
(NEW YORK CITY) Trading in the most popular US exchange-traded funds fell to multiyear lows in January, threatening to increase transactions costs for retail investors, the FT wrote. ETFs, which track the performance of a basket of securities such as an equity or bond index, have surged in popularity in recent years, reaching $1tn in
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