All news

Noah Hamman, chief executive officer and founder of AdvisorShares

BNY Mellon Asset Servicing supports ETF short positions

BNY Mellon Asset Servicing has become the first service provider to support short positions in an exchange-traded fund after being selected to provide ETF services, custody, fund accounting and fund administration for the Mars Hill Global Relative Value ETF, the first actively managed ETF to pursue a long-short equity strategy. »

Money transfer

ETFs see strong asset inflows in first half of 2010

Assets in the US exchange-traded fund industry decreased 0.4 per cent during the first half of 2010 as investors held USD772bn in 897 ETFs as of 30 June, according to State Street Global Advisors. »

Anton Rakhmanov, managing director at Troika Dialog Asset Management

Troika Dialog launches ETF on RTS exchange

Troika Dialog has launched an open-ended index fund called Troika Dialog – Index RTS Standard. »

Euros

Long Euro ETC rallies as Eurozone sentiment continues to improve

ETFS Long EUR Short USD has risen by over five per cent over the past month, buoyed by the positive results from the European Commission’s stress tests for the banking system, according to ETF Securities. »

Three

Three new listings for US ETP market

There were three new listings in the US exchange-traded products market in the week ending 23 July, all of them listed on NYSE Arca. »

Lithium battery

Orocobre selected in first lithium ETF

Orocobre has been included in the world's first lithium based exchange-traded fund. »

Guernsey plans timing for move to automatic exchange of information

Guernsey plans timing for move to automatic exchange of information

Guernsey’s government plans to give financial institutions a window from 1 January 2011 to 1 July 2011 for moving to automatic exchange of information. »

Daniel Wills, senior analyst at ETF Securities

BP spill has implications for oil prices and alternative energy, says ETF Securities

The BP oil spill in the Gulf of Mexico has potentially large implications for the energy sector with the cost of the spill being estimated at USD32.2bn, according to ETF Securities.  »

Nasdaq OMX executive vice president John Jacobs

First domestic Nasdaq-100 Index ETF available in Japan

The Nasdaq OMX Group and the Osaka Securities Exchange have said the first domestic exchange-traded fund based on the Nasdaq-100 Index will soon be available to Japanese investors. »

Birthday cake

Equal Sector ETF celebrates first anniversary

The Alps Equal Sector Weight ETF has outperformed the S&P 500 Index in its first year of operations. »

Silver

Gold and silver ETCs with currency hedging launched on Xetra

Two exchange-traded commodities issued by DB ETC Index, the exchange-traded commodity platform of Deutsche Bank, are now trading on Xetra. »

Asia Pacific map

Asia Pacific ETF AUM up 2.7 per cent

Assets under management of Asia Pacific exchange-traded funds rose 2.7 per cent in the week ending 23 July to USD65.2bn, according to research by Deutsche Bank. »

India

WisdomTree India Earnings Fund passes USD1bn AUM

The WisdomTree India Earnings Fund passed USD1bn in assets under management on 21 July 2010. »

Trader at screen

Bank of America Merrill Lynch launches ETF algorithm

Bank of America Merrill Lynch has launched an exchange-traded fund algorithm, ETF-aX. »

Thomas M. Joyce, chairman and chief executive officer, Knight Capital Group

Knight Capital acquires Astor Asset Management

Knight Capital Group has agreed to acquire Astor Asset Management, a money management firm specialising in macro-economic strategy and ETF portfolio construction, for approximately USD20m in cash and stock, based on assets under management at the close. »

Finance graph

Global X Funds post record trading volumes

Global X Funds Lithium ETF traded more than 450,000 shares on its opening day on 23 July 2010, making it one of the most successful ETF launches this year. »

Emerging markets currencies

Van Eck launches Emerging Markets Local Currency Bond ETF

New York-based asset manager Van Eck Global has launched the Market Vectors Emerging Markets Local Currency Bond ETF. »

Lithium battery

Global X Funds launches lithium ETF

Global X Funds, the New York-based provider of exchange-traded funds, has launched the first lithium ETF.  »

ETFs

Pillsbury warns hedge funds about ETF ownership limits

Law firm Pillsbury says hedge funds should be aware that substantially increasing their long positions in exchange-traded funds could result in a violation of the ownership limit set forth in the Investment Company Act of 1940. »

Calm ocean

July brings calm to European ETP market

Total European exchange-traded products cash flows of EUR1bn point to a positive yet relatively calm week where equity investors seem to be pausing to take stock and on some occasions fine-tune their game. »