Ossiam Unveils FTSE 100 Low Vola ETF
(LONDON) French ETF issuer Ossiam has launched a fund on the London Stock Exchange offering exposure to the FTSE 100 but with lower volatility. The Ossiam ETF FTSE 100 Minimum Variance fund uses physical replication to track the underlying index, which is designed to deliver the net total return performance of the most liquid stocks
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Global ETP Assets Reach $1.52 trillion
(LONDON) According to the latest figures released today by the BlackRock Investment InstituteFixed income exchange traded products (ETPs) were the ETP marketplace’s fastest growing asset category in 2011, with assets under management (AUM) increasing by 24.4 percent, or $50.6 billion, compared with 2010. Global fixed income ETP assets now total $258 billion. The Year End
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First Hong Kong Domiciled Swap-based ETF Platform Launched
(HONG KONG) Some days ago, Hong Kong based asset management firm, Enhanced Investment Products Limited (EIP) announces that it has received the Securities and Futures Commission’s (SFC) authorisation for the launch of a new and innovative suite of ETF products. The investment boutique EIP was established in 2002 by a team from Jardine Fleming (which
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ETFs Grow 20.6%, NYSE Claims Most New Listings
(NEW YORK CITY) The number of listed exchange-traded funds grew 20.6 percent in 2011 and the number of listed exchange-traded notes grew 53.8 percent, according to U.S. figures developed by the Exchange-Traded Fund Association. Separately, NYSE Euronext said it led the market in listings of new exchange-traded products, globally, in 2011. The operator of the
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Vanguard, iShares and SSgA Are Inflow Leader 2011
(IRVINE/NAPLES/LONDON) Accordig to the lastet figures, U.S.-listed exchange traded funds attracted higher inflows in 2011 to take the business to $1 trillion in assets under management. Leading the charge, Vanguard brought in the most in new investment dollars for the second year in a row. While smaller providers gained greater market share as larger providers
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Australian ETF Industry Inflows Top $500 mn
(SYDNEY) The 2011 year was a watershed year for the Australian ETF industry, with ASX listed ETFs attracting over $500 million in net inflows, according to the latest BetaShares Australian ETF Review. The increase is particularly striking in that it came at a time when the general equity markets dropped significantly. Assisting ETF inflows were
DetailsBlackRock to List Eight ETFs on BATS
(NEW YORK CITY) BlackRock, which has created the world’s largest family of exchange-traded funds, has agreed to list eight new ETFs with BATS. The new funds will be based on international stocks and parameters will be issued by BlackRock’s iShares unit. The iShares funds are based on MSCI indexes. The eight funds listing on BATS
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Online Brokers Hunt For Active Traders
(CAMBRIDGE/MA) Nearly a third of Active Traders, investors who make three or more trades on a monthly basis via a self-service online trading platform, indicate they are likely to open a new online trading account in the next six months. While this group of investors recognizes 19 online brokerage providers, only six firms have a
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“Chuck” Introduces Index Fund 401(k) Plans
(SAN FRANCISCO) Schwab Retirement Plan Services already serves 1.5 million workers saving for retirement, but hopes that its new Schwab Index Advantage service will increase participation even more by demystifying the 401(K) saving process. The new service gives 401(k) plan participants access to index mutual funds with low operating expenses, as an alternative to more
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Investors Pulled $171 Bn. From Mutual Funds
(WASHINGTON/DC) Investors worldwide pulled $171 billion out of mutual funds in the third quarter of 2011, according to statistics released late Thursday by the Investment Company Institute. The bulk of the money was withdrawn from equity funds, which posted $109 billion in net outflows for the quarter. In the Americas and Europe, equity funds experienced
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The 10 Most Hated Companies in America
(NEW YORK CITY) Customers, employees, shareholders and taxpayers hate large corporations for many reasons. 24/7 Wall St. reviewed a lengthy list of corporations for which there is substantial research data to choose the 10 most hated in America. Research about companies comes in two sets. One is public research about consumer satisfaction, customer care, pricing
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