PERFORMANCE

McNeil celebrates record assets in white label platform

McNeil celebrates record assets in white label platform

Europe’s first white label ETF platform HANetf has enjoyed 600 per cent AUM growth over the last six months, with net creations across the entire range of products, and assets growing to over USD500 million, according to Hector McNeil (pictured), co-CEO, who founded the firm with Nik Bienkowski in 2017 and issued their first ETF at the end of 2018.

RETURNS

VEGAN outperforms the S&P 500 over its first two years

VEGAN outperforms the S&P 500 over its first two years

Beyond Investing’s US Vegan Climate Index, a low-carbon benchmark for cruelty-free and sustainable investing, is two years old, and is celebrating the fact with an announcement that it has enjoyed outperformance versus the S&P 500 of 5.93 per cent, an annualised excess return of 2.92 per cent with a tracking error of 1.39 per cent since launch.

FUND FEES

Morningstar comments on ETF fees, new structures and that retail trading frenzy

Morningstar comments on ETF fees, new structures and that retail trading frenzy

Morningstar’s Director of Global ETF Research, Ben Johnson, has commented on the latest annual US fund fee study from Morningstar which shows that in 2019 the asset-weighted average expense ratio across all mutual funds and ETFs was roughly half what investors paid in fund fees as of 20 years ago at 0.45 per cent.