Courtesy of James Armstrong You know a market has arrived when the big kids start to play, and it became obvious that fixed-income exchange-traded funds were around to stay when the don of bonds—PIMCO—jumped into the game. With the current volatility of the equities markets, investors know they need to…Read More
Man Group, Europe's largest hedge fund manager, has announced that its GLG Europe Plus Source ETF (MPFE:GR), launched in January 2011, has reached assets of $565m as of May 31 2012. The ETF, which tracks the long-only total return equity index Man GLG Europe Plus, created by Man Systematic…Read More
Courtesy of Paul Amery, IndexUniverse.eu On a longer-term view, last month’s US$1.3 billion net outflow from high-yield bond ETFs looks like nothing more than a blip. Fixed income trackers are currently the fastest-growing sector of the ETF market and, within that category, high-yield (or “junk bond”) funds have recently attracted…Read More
Courtesy of post-distribution desk notes from WallachBeth Capital's ETF Execution Expert, Chris Hempstead.. 8am Monday June 11 Maybe Apple can solve the world’s problems. We find out today! As global markets react positively to the news of yet another ‘solution’ to the European debt crisis, a soft poll of peers…Read More
By Ben Collins ETF Securities has released 10 new exchange traded products that aim to provide direct exposure so the commodities boom. The ten new exchange traded commodities products have been listed on the Australian Securities Exchange (ASX), bringing the total number listed to 15. "Historically, gaining exposure to this…Read More
By Benzinga.com Direxion, the firm behind the behind the infamous yet highly popular Direxion Daily Financial Bear 3X Shares FAZ +0.64% , is looking to add its lineup of non-leveraged products and has filed plans with the SEC to possibly introduce the Direxion Daily Financial Bear 1X Shares. The Direxion…Read More
Whoaaa!...EDITOR NOTE RE: story below--re-distributed June 6 by this platform ONLY AFTER numerous 'highly-accredited' news outlets did the same earlier that day, has since been overtly challenged for its accuracy/veracity by IndexUniverse . In hindsight, IU's challenging multiple media outlets that regurgitated this story for a failure on…Read More
Zacks Funds, a Chicago-based financial research firm and mutual fund manager, on June 20 plans to roll out through Exchange Traded Concepts' ETF platform a pair of ETFs-one focused on dividend-paying stocks and the other serving up exposure to master limited partnerships. At heart, both the Zacks Sustainable Dividend ETF…Read More
By Benzinga.com For those that have always wanted to invest in a hedge fund, but can't afford those pesky minimum investments (often well into six and seven figures) or for those that want to part with 2% or 3% in management fees on top of 20%-30% of the profits, the…Read More
reporting from Lisa Abramowicz Exchange-traded funds that own junk bonds are attracting unprecedented sums of cash from institutional investors seeking to slip in and out of the market as dealer inventories decline. Institutional holders own 51 percent of BlackRock Inc.’s high-yield ETF, up 11 percentage points this year, according…Read More
By LIAM PLEVEN Exchange-traded funds have lured many investors away from mutual funds by offering lower fees. But increasingly, some ETFs are also using fees to compete with other ETFs. In a handful of high-profile cases, particularly in commodities and stocks, investors can choose between two ETFs that are virtually…Read More
Rebecca Hampson 04 Jun 201 Africa is fast becoming a hotspot for the exchange-traded fund market, with South Africa in particular driving growth.The total value of the ETF market on South Africa’s national bourse, the Johannesburg Stock Exchange, grew 60% to R4.8bn ($622m) at the end of 2011 compared…Read More
The AlphaClone Alternative Alpha ETF (ALFA), which began trading on Thursday, will invest in disclosed equity positions held by established hedge fund managers—the first ETF to do so. The new ETF “seeks to capture alpha from these managers’ long positions while protecting against protracted market downturns through a dynamic…Read More
By Christopher Condon on May 31, 2012 If you are convinced, really convinced, the price of crude oil will rise today and U.S. stocks will fall, Factor Advisors LLC has an exchange-traded fund for you. The FactorShares 2X: Oil Bull/S&P500 Bear (FOL) (FOL) offered by the New York-based firm…Read More
by Michael Johnston on May 31, 2012 Innovation in the ETF industry has become standard over the past several years, with countless first-to-market products opening up new asset classes and strategies. And it turns out that the U.S. isn’t the only place where product development is going full throttle; our…Read More
iShares, the exchange-traded fund provider, and data vendor Bloomberg have joined forces to offer a consolidated tape for ETFs in a bid to increase post-trade transparency and limit the effects of market fragmentation in Europe. As part of the joint venture, the first of its kind in the…Read More
Jacques Cousteau's grandson is the newest member of the exchange-traded-fund world. Philippe Cousteau, the grandson of the famed conservationist, has teamed up with ETF provider AdvisorShares Investments LLC to launch an actively managed socially conscious ETF. Mr. Cousteau won't have anything to do with managing the newly minted AdvisorShares Global…Read More
May 25 2012 | 3:26am ET Metals trading hedge fund RK Capital Management has thrown down the gauntlet to JPMorgan Chase over the latter's plan to launch a physical copper exchange-traded fund. Lawyers for the firm, which runs the Red Kite hedge funds, warned the Securities and Exchange Commission…Read More