INTERVIEW

New ETF gives pure play access to India’s financial services stocks for the first time

New ETF gives pure play access to India’s financial services stocks for the first time

US-based NextFins has launched INDF, the Nifty India Financials ETF, based on the Nifty Financial Services 25/50 Index, which reflects the performance of Indian banks, financial institutions, housing finance companies, insurance companies and other financial services companies.

IN MY OPINION

Three cheers for the innovators of Switzerland & three lashes for the UK’s Financial Services gatekeepers

Three cheers for the innovators of Switzerland & three lashes for the UK’s Financial Services gatekeepers

By Allan Lane, Algo-Chain – If you are a Discretionary Fund Manager running Model Portfolios on financial adviser platforms, you will often find that ETFs available on one platform are not available on another, which invariably forces the manager to oversee multiple incarnations of what is meant to be the same portfolio.

FUND LAUNCH

Defiance ETFs launches into SPACs space with SPAK

Defiance ETFs launches into SPACs space with SPAK

That most fashionable, but potentially volatile, of sectors, Special Purpose Acquisition Companies (SPACs) has seen enormous growth so far this year, with 133 SPACs, which are also known as blank cheque companies, floated in the US, raising USD51.1 billion, nearly four times last year’s volume, and a further 67 waiting to launch, according to Spac Research. Some 80 SPACs raised more than USD32 billion in Q3 2020.

FUND LAUNCH

Rareview ETF launch focuses on closed end fund solution to yield needs

Rareview ETF launch focuses on closed end fund solution to yield needs

US-based registered investment adviser and ETF issuer, Rareview Capital LLC, is targeting the yield needs of investors with the launch of two ETFs designed to generate a high monthly income.  The Rareview Dynamic Fixed Income ETF (RDFI) and the Rareview Tax Advantaged Income ETF (RTAI) seek to combine the traditional benefits of fixed income with the non-traditional advantages of closed-end funds.