VelocityShares is pleased to present the October 2012 Volatility Report, providing insights into the volatility landscape. Highlights from this report include: Year-to-Date Performance for the VIX Index is -21%. Year-to-Date Performance for the S&P VIX Futures Indices: Short-Term: -74% (SPVXSP) Mid-Term: -47% (SPVXMP) Tail Risk: -20% (SPVXTRSP) VIX spot increased…Read More
Courtesy of Tom Lydon The exchange traded fund business in Asia has seen new inflows of $5.5 billion plus, thanks to recent regulatory changes that have created an opening. This follows a $1.42 billion inflow of new assets seen in September for the Asian ETP industry, confirming the trend. Debbie…Read More
The Nasdaq stock market submitted paperwork to regulators proposing fuller use of intraday net asset values (iNAV) in the pricing of equity ETFs, arguing that the integration of such a real-time pricing mechanism will limit the poor trade executions that dog the world of exchange-traded funds. While ETF traders and…Read More
By Jason Kephart BlackRock Inc.'s exchange-traded fund arm, iShares, plans to launch a series of corporate bond ETFs that look and act like individual bonds. The proposed series of iShares Corporate Bond Funds will be a set of target-date ETFs, each holding a basket of investment-grade bonds set to…Read More
A daily double courtesy of IU's Dave Nadig ETFs can be more efficient than the stocks they track, even in surprising places. At almost every conference and ETFs 101 webinar we do, you’ll hear us saying again and again that spreads matter. In fact, getting investors to understand the importance…Read More
Courtesy of Dave Nadig Here’s how I know the ETF Revolution has long since passed, and what we’re living in now is the new ETF normal: The questions from advisors are getting a lot smarter. I used to get emails about how creation and redemption worked. Now I get questions…Read More
Courtesy of Rosalyn Retkwa Most ETFs are still designed to track an index passively at a low cost. But the market can support only so many ETFs that simply copy an index, and with actively managed ETFs still problematic, there is a growing category in between: ETFs that use…Read More
By Ryan Issakainen Ryan Issakainen is an exchange-traded fund strategist for ETF provider First Trust. WHEATON, Ill. (MarketWatch) — One of the biggest attractions of exchange-traded funds is that they are often considerably more tax-efficient than mutual funds. Many ETFs regularly take steps to avoid the annual capital gains distributions…Read More
Courtesy of IndexUniverse.eu Rebecca Hampson The electronic trading platform for exchange-traded funds launched at the end of last month by electronic market place provider, Tradeweb, has been backed by ETF issuer, Source who says that it will create a central hub of liquidity in Europe, which the market currently lacks.…Read More
Courtesy of Daniela Pylypczak Amidst the seemingly never-ending eurozone drama, there have been some surprising bright spots in the space: Europe Dividend ETFs. These products have managed to maintain their footing, while at the same time provide investors with relatively handsome dividend yields. Currently, there are only two funds whose…Read More
Courtesy of Gregory Bresiger.. Excerpts from Part 3 of a series of interviews with Vanguard Chief Investment Officer Gus Sauter How does Vanguard Funds,' famous for Fred Mertz like trading economy, go about finding the lowest possible costs? The process is detailed in Part Three of Traders Magazine's Q&A…Read More
IndexIQ, a leading developer of liquid index-based alternative investment solutions, is launching the newest addition to its Exchange-Traded Fund family, the IQ Hedge Market Neutral Tracker ETF (QMN), on October 4, 2012, it was announced today. QMN is designed to offer investors liquid, transparent Market Neutral hedge fund exposure. QMN…Read More
Widely reported..and excuse our delayed tape i.e. dissemination. Excerpt courtesy of IndexUniverse Vanguard, the world’s biggest mutual fund company, has decided to segue away from some MSCI indexes over the next several months in favor of benchmarks created by FTSE. The move was motivated in part by lower index licensing…Read More
Courtesy of WSJ Reporter Daisy Maxey While growth hasn't been explosive, one family of defined-maturity ETFs, offered by Guggenheim Investments, a unit of Guggenheim Partners LLC, has grown to $1.6 billion since the first funds were launched about two years ago. And a defined-maturity municipal-bond fund group at BlackRock…Read More
Courtesy of Brendan Conway They’re calling it the “ETF bid” — the idea that corporate bond prices get juiced when passively managed funds have to buy them. It’s known to happen in thinly traded stocks in some instances. So it shouldn’t come as a surprise that thinly traded, idiosyncratic markets…Read More
Courtesy of Jason Zweig / WSJ Columnist On Sept. 21, Charles Schwab, SCHW -0.74%the discount broker, cranked up its publicity machine to announce it is cutting expenses on its 15 exchange-traded funds, or ETFs, by an average of 50%, to as low as 0.04%. Invest $10,000 and you can pay as…Read More
Courtesy of Benzinga.com ETF Professor It might just be a coincidence, but one ETF benefited this week from the maelstrom over the NFL's replacement referees and subsequent return to work by the league's regular officials. That fund is the Market Vectors Gaming ETF (BJK: 34.01, -0.10, -0.29%). To say the…Read More