State Street Introduces 2 New Corporate Bond ETFs

By Benzinga.com State Street’s STT -0.55% State Street Global Advisors unit, the second-largest U.S. ETF sponsor, will introduce two new bond ETFs on Tuesday. The SPDR BofA Merrill Lynch Crossover Corporate Bond ETF will track an index that offers exposure to dollar-deonominated U.S.-issued BBB and BB-rated corporate debt. BBB is the lowest investment grade rating […] Read More

19 June, 2012

Junk ETF Bond Volumes Signal Electronic Demand

  by Lisa Abramowicz Trading of exchange-traded funds that focus on junk bonds is soaring while volume in the underlying securities slumps as dwindling dealer holdings prompt investors to seek electronic platforms. Volumes in the two biggest ETFs in June have climbed 22 percent above the six-month average while overall trading for the debt has […] Read More

17 June, 2012

Goldman Highlights ETF Correlations (XLF, XLK, XLU)

By Benzinga.com In a note out today, Goldman Sachs GS +1.96% said investors are continuing to increase usage of ETFs as hedging tools, a move that is “creating unintended consequences to their portfolios.” Goldman notes that managers and analysts are increasingly creating less-than-desirable hedges due, in part, to surprisingly high correlations among some sector funds. […] Read More

17 June, 2012

JPMorgan Caps Issuance on MLP ETN

The ETF Professor, Benzinga Staff Writer JPMorgan Chase (NYSE: JPM) announced on Thursday that will cap issuance for the popular Alerian MLP Index ETN (NYSE: AMJ) at 129 million notes. The move is significant because with almost $4.2 billion in assets under management, the Alerian MLP Index ETN is the largest exchange-traded product offering exposure […] Read More

17 June, 2012

What’s Next? ETFs for IPOs. Renaissance Capital Joins the…

Reported by IndexUniverse’s Devon Layne and Olly Ludwig Kudos to IU for scooping the news media– Renaissance Capital, a research and investment management firm known for its IPO Plus Aftermarket Fund, filed regulatory paperwork requesting permission to offer a broad swath of ETFs targeting U.S. and non-U.S. stocks and bonds, with the first to be […] Read More

14 June, 2012

Private Equity Firms Target ETF Portfolio Managers

Reporting from Devon Layne, IndexUniverse ETF model portfolio firms are gaining in popularity as FT Capital, Aquiline Capital Partners and other firms seek to enter the space by investing in such firms that specialize in ETF asset allocation strategies, according to an article on Reuters. ETF model portfolios, which invest in a selection of ETFs […] Read More

14 June, 2012

Popular ETFs You Should Never Use..

  Courtesy of CNBC..By: Lee Brodie Exchange traded funds are among the more popular ways to trade. Called ETFs on the Street they allow investors to diversify risk through a basket of stocks. A pro like trader Steve Grasso of Stuart Frankel who works on the floor of the NYSE, can barely move a foot […] Read More

14 June, 2012

Fragmentation Harming Market Quality, Warn Traders

Courtesy of MarketsMedia With new trading venues catering to institutional investors ready to enter the fray, market participants say that more fragmentation is not necessarily the solution to cure market imbalances. ‘Fragmentation of the markets is not a good thing for long-term investors,” Manoj Narang, chief executive and founder of Tradeworx, a hedge fund and […] Read More

14 June, 2012

What Happens When an ETF Doesn’t Match its Index

Article from June 13 edition, written by Maureen Nevin Duffy Wall Street’s creative genius never runs out of new investment strategies for another exchange-traded fund based on one index or another. But in many cases, the funds barely reflect the actual securities in the indexes to which they are tied. In fact, many ETFs hold […] Read More

13 June, 2012

PIMCO’s Eyes Fixed on ETFs

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 have exposure to bonds, but […] Read More

12 June, 2012

Man Group’s GLG ETF breaks $500m barrier

  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 Strategies (MSS), has outperformed the […] Read More

12 June, 2012

The Global Chase (Race) to Capturing Yield; High Yield…

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 the greatest interest. The two […] Read More

11 June, 2012

“How Do You Like Them #Apple(s)?

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 reveals they are not as […] Read More

11 June, 2012

New Rules: NASDAQ Options Exchange (NasdaqBx) To PAY Takers…

Courtesy of Peter Chapman TRADERS Magazine interview with Nasdaq OMX EVP Eric Noll unveils a new tact in the ever-changing world of major exchange strategies to attract order flow. In this case, NasdaqBx is up-ending the current industry “make-take” fee model whereby exchanges pay rebates to market-makers who improve prevailing bids/offers, and charge fees to […] Read More

8 June, 2012

10 New Commodities ETPs listed Down Under

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 asset class was typically achieved […] Read More

8 June, 2012

Direxion Files Plans to Introduce Another Bearish Bank ETF…

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 Daily Financial Bear 1X Shares […] Read More

7 June, 2012

#Apple Makes The Move to All-ETF Retirement Plans: Benzinga.com

      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 the part of mainstream journalism […] Read More

6 June, 2012

Zacks To Launch Yield Payout, MLP ETFs

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 (NasdaqGM:ZDIV) and the Zacks MLP […] Read More

6 June, 2012