All news

Retirement

IBD and NorthCoast to offer managed iShares ETF portfolios for retirees

NorthCoast Asset Management and Investor's Business Daily (IBD) have signed a licensing agreement that will provide for the launch of new ETF-based separate account offerings called the NorthCoast Retirement Portfolios. »


Accounts

Direxion appoints Patrick Rudnick as chief financial officer

Direxion has appointed Patrick Rudnick as chief financial officer. »


Luxembourg

Luxembourg Stock Exchange’s fund market infrastructure project branded as Fundsquare

The Luxembourg Stock Exchange is branding its project to build a fund market infrastructure as Fundsquare. »


Survey

Half of institutional investors to increase ETF allocations

Half of institutions using exchange-traded funds expect to increase their allocations to ETFs in the coming year, according to a study from Greenwich Associates. »


Australia

New db X-trackers money market ETF launched on Xetra

A new exchange-traded fund issued by db X-trackers, the db X-trackers II Australian Dollar Cash UCITS ETF, has been tradable in the XTF segment on Xetra since Friday. »


Approved stamp

Global X Funds approves reverse splits for six ETFs

Global X Funds, the New York based provider of exchange-traded funds, has approved reverse share splits for six of its ETFs. »


Globe and money

Global ETPs attracted USD10.3bn in April

Year-to-date global exchange-traded products have seen inflows of USD79.9bn in April, ahead of the USD66.3bn of inflows accounted for during the same period in 2012, according to Blackrock’s ETP Landscape report for the month. »


Japanese flag

MAXIS Nikkei 225 Index Fund named to Schwab ETF Select List for Q2 2013

The MAXIS Nikkei 225 Index Fund has been selected to fill the Japan stock category on the Schwab ETF Select List for the second quarter of 2013.  »


South Korea

Direxion launches two leveraged inverse ETFs

Direxion has launched two leveraged inverse exchange-traded funds, the Direxion Daily Brazil Bear 3x Shares (BRZS) and Direxion Daily South Korea Bear 3x Shares (KORZ). »


Geoff Eliason, chief operating officer, Peak Capital Management

Peak Capital Management appoints ETF expert Geoff Eliason as COO

Peak Capital Management has appointed Geoff Eliason as a partner assuming the role of head of operations for the registered investment advisory firm located in Colorado Springs. »


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