All news

Money graph

US ETF and ETN assets up 21 per cent

Assets in US listed exchange-traded funds and exchange-traded notes totalled approximately USD814.8bn at August 2010 month-end, an increase of approximately 21 per cent over August 2009 month-end when assets totalled USD672.3bn, according to National Stock Exchange. »

Market

CBOE Holdings added to Dow Jones Global Exchanges Index

Dow Jones Indexes has completed its regular quarterly review of the Dow Jones Global Exchanges Index. »

Gold

BlackRock makes changes to iShares Gold Trust

BlackRock’s iShares exchange-traded funds business has made further changes to the iShares Gold Trust. »

Document and pen

Next ETFs files exemptive application for new ETFs

Next ETFs, a wholly-owned subsidiary of Next Investments, intends to sponsor a new series of exchange-traded funds and has filed, through its counsel Katten Muchin Rosenman, an application with the SEC for exemptive relief under the 1940 Act.  »

ETFs

Vanguard surpasses iShares in ETF adviser loyalty

Vanguard now ranks first among exchange-traded fund providers in adviser loyalty, displacing the long-standing industry leader iShares. »

Index

Stoxx changes composition of blue-chip indices

Index provider Stoxx has completed its regular annual review of the Stoxx Europe 50, Euro Stoxx 50, Stoxx Nordic 30, Stoxx EU Enlarged 15 and Stoxx Sub Balkan 30 indices. »

Money loss

US ETPs see USD142m of outflows

Total exchange-traded products outflows in the US added up to USD142m during the week ending 27 August, research from Deutsche Bank shows. »

Man with laptop

Kneip acquires fund reporting company Co-Link

Kneip, an independent service provider to the asset management industry, has acquired Co-Link, a specialist in fund reporting technology and services for investment funds. »

Asia Pacific

Asia Pacific ETF turnover level at USD856m

Monthly average daily turnover of Asia Pacific exchange-traded funds remained at about the same level in week ending 27 August at USD856m, according to Deutsche Bank. »

Globe and graph

Leveraged and inverse ETFs could cause investment shortfall, report finds

Investors who hold leveraged and inverse exchange-traded funds for periods longer than a day expose themselves to substantial risk that the holding period returns will deviate from the returns to a leveraged or inverse investment in the index, according to a report from Securities Litigation and Consulting Group. »

Walt Bettinger, Schwab president and chief executive officer

Schwab to acquire Windward Investment Management

Charles Schwab has entered into an agreement to acquire Windward Investment Management for USD150m in stock and cash. »

Beta

ETFs gain ground on futures for beta investing

Despite a 30 per cent equity market decline over the last three years, exchange-traded funds tracking eight popular equity indices, such as the S&P 500 and FTSE 100, have doubled in assets over the same period, a report by Deutsche Bank shows. »

Peter Stapleton  Maples and Calder

The continuing evolution of Ucits in Ireland

Market commentary and discussion on the merits and limitations of alternative Ucits funds continue to generate considerable interest for hedge fund managers and their investors. »

phil masterson SEI

Are you ready to capitalise on convergence?

Due to the combination of bruising market losses, high correlation among asset classes, unexpected illiquidity and epic scandals, the investment management industry faces a restless, empowered investor base. »

Global currency

Global ETF assets rise by 5.7 per cent

At the end of July 2010 the global exchange-traded fund industry had 2,282 ETFs with 4,872 listings, assets of USD1,095.2bn, from 124 providers on 42 exchanges around the world, according to a report by BlackRock. »

Money flow

US ETP inflows total USD4.2bn

US exchange-traded product inflows totalled USD4.2bn during the week ending 20 August, according to research by Deutsche Bank. »

ETFs

Alerian launches master limited partnership ETF

Alerian has launched an exchange-traded fund providing access to the master limited partnership asset class. »

India

Van Eck launches Market Vectors India Small-Cap Index ETF

New York-based asset manager Van Eck Global has launched the Market Vectors India Small-Cap Index ETF, an open-end exchange-traded fund which provides investors with exposure to small-cap stocks in India. »

Risk

S&P expands range of risk control indices

Standard & Poor’s is extending its range of risk control indices with the launch of two risk control index series.  »

Index

Stoxx changes composition of benchmark indices

Index provider Stoxx has changed the composition of several of its benchmark indices. »