Are ETFs The Cause For Market Volatility?
(IRVINE, CA) Exchange traded funds have been accused of being the reason for some of the wild market swings that occur. Are these funds the real culprit behind market volatility? ETFs have gained popularity over the years, due to their diversification benefits and low cost. The flexibility to trade a basket of stocks throughout the
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The 50 Mutual Funds With Facebook Stakes
(NEW YORK CITY) In a recent note, Morningstar research found that 50 mutual funds have stakes in either the A class or B class of Facebook. Among the largest holders are T. Rowe Price, Fidelity Investments and Morgan Stanley. Morgan Stanley also is the lead underwriter in the offering, which is expected to raise at
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How Global Are The New iShares Commodity Producer ETFs?
(SAN FRANCISCO) BlackRock lauched five iShares ETFs focused on large-cap commodity producers. The new global equity-based funds, which are traded on the NYSE Arca, offer access to commodity producers. According to iShares’ press release, the series includes “the first equities-based solution to express a view on global energy prices”. Some experts questioned this expression, as
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New Push For Bond ETFs in Down Under
(SYDNEY) Australian retail investors seeking fixed income products have traditionally had a limited range of choices, but a recent regulatory change to allow fixed income exchange traded funds on to the Australian Securities Exchange (ASX) could be a significant boost to the asset class, the FT reports. New rules to allow the listing of fixed
DetailsEGShares Plans New Emerging Market ETFs
(NEW YORK CITY) EGShares is planning to launch two ETFs that would add to the firm’s already impressive emerging markets product lineup. The two funds are: EGShares Beyond BRICs ETF: This fund will seek investment results that correspond to the price and yield performance of the INDXX Beyond BRICs Index, and will also feature a
DetailsALPS Files For High Volatility Fund
(DENVER) According to SEC registration documents, ALPS is planning to debut a volatility ETF that will give investors access to an intrguing options trading strategy. The U.S. Equity High Volatility Put Write Index Fund (HVPW) will seek to track the NYSE Arca U.S. Equity High Volatility Put Write Index, and will charge a 0.95% expense
DetailsMarket Vectors to Split Shares of Five ETFs
(NEW YORK CITY) Market Vectors announced today that the Board of Trustees of the Market Vectors ETF Trust has approved share splits for five recently introduced Market Vectors ETFs. The split covers five of the six ETFs launched following the completion of Market Vectors’ exchange offer for corresponding Merrill Lynch HOLDRS. Details of the splits
DetailsAdvisorShares Rolls Out New Active ETF
(BETHESDA) AdvisorShares, well-known sponsor of actively managed Exchange Traded Funds, added to its rapidly-growing lineup of active ETFs recently with the debut of the Accuvest Global Opportunities ETF (ACCU), which utilizes country-specific ETFs with the goal of generating excess returns relative to benchmarks such as the MSCI All Country World Index. Accuvest, the portfolio manager
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State Street Uses Cloud to Service ETFs
(BOSTON) State Street has expanded its servicing capabilities to enable daily ETF monitoring, from basket-creation through to trade processing and settlement. The investment group has announced the expansion of its computing services for exchange-traded funds (ETFs), reflecting the growth in the ETF industry over the past decade. TotalETF, State Street’s computing service, now uses cloud
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LSE Achieves 30 Microsecond Round-Trip Time
(LONDON) The London Stock Exchange Group said it had achieved 30-microsecond round-trip times for trading inside its primary data center in the City of London. The exchange also has achieved a sub-100 microsecond round trip time, between that data center in the City of London and a secondary center offering co-location services in Wapping, three
Detailsdb x-trackers Issued New ETFs on Xetra
(FRANKFURT) Two new equity index ETFs issued by db X-trackers have been tradable in Deutsche Börse’s XTF segment since Wednesday, 25 January 2012. The new offer comprise the db X-trackers S&P Equal Weight ETF and the db X-trackers ATX ETF. The db X-trackers S&P Equal Weight ETF enables investors for the first time to participate
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