FUND PERFORMANCE

Value enjoys return to the spotlight in Wide Moat form

Value enjoys return to the spotlight in Wide Moat form

Value investing is under the spotlight already this year, having spent some five to 10 years in the doldrums, outshone by its glamorous growth cousin. Brandon Rakszawski (pictured), Senior ETF Product Manager at VanEck, has noted that November 2020 saw the Morningstar Wide Moat Focus Index come back strongly relative to the S&P 500 Index to erase a good portion of its 2020 relative underperformance. 

COMMENT

Global X CEO comments on advance into Europe

Global X CEO comments on advance into Europe

Commenting on yesterday’s news of Global X’s expansion into Europe, Luis Berruga, CEO at Global X says: “Europe is the second largest ETF market in the world with over USD1 trillion in assets and I think that number will triple over the next four to five years, so as a global player, we wanted to enter the European market.”

NEWS

Global X to launch in Europe

Global X to launch in Europe

Mirae Asset’s Global X, the New York based provider of ETFs, is to launch in Europe, with the hire of Rob Oliver from JP Morgan as Head of Business Development for Global X ETFs in Europe and Morgane Delledonne (pictured) from BMO Global Asset Management, as Director of Research.

MANAGER INSIGHTS

ARK enjoys stellar year as disruptive innovation hits its stride

ARK enjoys stellar year as disruptive innovation hits its stride

Year to date figures for ARK Invest, the thematic investment firm focused on disruptive innovation, show their flagship fund, available as an ETF, and in a variety of other formats, ARK Disruptive Innovation, has returned 101.8 per cent year to date (as of 17/11/2020), while the firm’s assets, totalled at USD4 billion when ETF Express last interviewed them in 2018, are now USD33.3 billion (as of 31/10/2020).