ESG Observatory from TrackInsight recognises huge growth in demand for ESG ETFs
ETF data provider TrackInsight has launched ESG ETF platform, ESG Observatory, on the back of the huge growth in demand for ESG ETFs observed during 2020.
ETF data provider TrackInsight has launched ESG ETF platform, ESG Observatory, on the back of the huge growth in demand for ESG ETFs observed during 2020.
Germany’s Deutsche Börse has published its review of its ETP business for 2020, noting that sustainability, thematic and cryptocurrencies ETFs dominated the year.
2020 was quite the year for ETFs, as assets continued to roll in, and many firms predict that 2021 will continue on much the same course.
Another week and another crypto launch for Switzerland’s SIX Exchange with the arrival of CoinShares with its new physically backed ETP, CoinShares Physical Bitcoin (BITC).
Refinitiv’s Lipper team reports that ETF promoters in Europe experienced estimated net inflows of EUR23.2 billion for December, while assets under management in the European ETF industry (EUR992.6 billion) increased during December.
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.
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.”
The Lipper team at Refinitiv reports that the European ETF industry is on course to face the highest annual number of ETF closures since its inception in the year 2000.
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.
Former hedge fund manager, Michael Winter, has seized the opportunities created by the arrival of the ETF rule with the launch of Leatherback Asset Management and his first ETF, the Leatherback Long/Short Alternative Yield ETF (LBAY).
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).