ETFs are justly celebrated for their transparency but Abraham Thomas, Chief Data Officer and Co-Founder of Quandl believes that it can be difficult for investors to view or trust underlying ETF holdings across their entire portfolio.
By Allan Lane, Algo-Chain – With the news that PayPal has entered the cryptocurrency market, quickly followed by the world’s biggest ever IPO, where Ant, the financial services arm of Alibaba, raised USD34 billion from investors, it would be fair to say that 2020 has proven to be a breakthrough year for the FinTech movement. With Alipay reputedly accounting for USD17,000,000,000,000 in online payments, and with Ant’s share issue taking place in Asia rather than the US, the sheer scale of what is at stake here will not be lost on many.
Despite unprecedented market volatility in March 2020, the structures for creating, redeeming, and trading shares of ETFs – including ETF issuers, authorised participants (APs), and ETF liquidity providers – proved their resilience, according to a new paper on the Covid-19 market crisis from the Investment Company Institute (ICI) entitled “Experiences of US Exchange-Traded Funds During the Covid-19 Crisis.”
European investors are prioritising climate-linked products in an ETF format, according to Cerulli Associates. Targeting portfolio holdings that focus on minimising carbon usage or being free from fossil fuels is set to be the most popular approach to incorporate ESG factors into ETFs, the firm says, with 86 per cent of the ETF issuers in Europe that responded to a survey believing it will be the case.
The inaugural etfLIVE North America digital summit saw a huge geographical spread across the US, with speakers drawn from Texas, Nebraska, the twin cities, San Francisco, Chicago, Ottawa, the UK and of course New York.
Lyxor ETF has released its latest Money Monitor report, which provides an analysis of flows in European open-ended funds and ETFs. The report also looks at the main investment trends observed over the past month.
It's seconds out for Dave Wagner, CFA and Brad Rapking this week, CFA portfolio managers at Aptus Capital Advisors, as they get stuck into the potential impact of the US election on the ETF space…
ETF Express award winner REX Shares, a Fairfield, CT-based ETP provider, has seen its assets rise to over USD1 billion, a 1000 per cent increase since 1 January.
ETF assets are on a roll and currently predicted to grow to USD50 trillion by 2030, driven by their improved regulatory status in the US, with the arrival of the ETF rule, and the rise of active funds, including the semi and non-transparent version. July saw the launches of actively managed ETFs exceed passive ETFs for the first time.
The fifth Invesco Global Factor Investing Study has found that the use of ETFs to invest in factor strategies has grown significantly. For wholesale investors, the study found that ETFs now account for 50 per cent of factor allocations, standing at 35 per cent for private banks and rising to 74 per cent for wealth managers.
Lipper figures from Refinitiv show that ETF promoters in Europe experienced net inflows of EUR5.9 billion for September, but assets under management in the European ETF industry (EUR870.9 billion) decreased over the month.
ETF industry veteran Gabriel Hammond, founder of Alerian and SteelPath Capital Management, is back with the launch of new asset management firm Emles Advisors, working with former Alerian CFO, Dave Saxena.
