The week's best and worst performing ETFs in USD, excluding leveraged (18th July- 25th July, 2021)
The iShares MSCI Europe SRI UCITS ETF EUR Hedged (Dist), launched on Xetra, is designed to allow investors to participate in the performance of large and medium-sized companies from 15 European industries that have a comparatively high ESG rating within their sector, are not involved in the extraction or production of fossil fuels and do not own fossil reserves.
The independent ratings system and forecasting service, The Index Standard, headed by Laurence Black, has expanded to include the hire of a new head of analytics, Jay Watson.
This week has seen a wide variety of ETFs launched, presumably before the lull of August impacts all new activities.
Global X’s European Thematic UCITS Report for June 2021 reveals that in June, UCITS Thematic ETFs recorded USD986 million of net inflows, rebounding after USD112 million of net outflows in May.
iM Global Partner, a global asset management network, has made another alliance in its US expansion by entering a partnership with Richard Bernstein Advisors (RBA). The firm acquired a 45 per cent non-controlling stake in RBA as of July 28, 2021.
BNP Paribas Easy has launched two new ETFs which have been tradable on Xetra and Börse Frankfurt since Tuesday this week.
Impact Shares has launched the Impact Shares Affordable Housing MBS ETF (NYSE: OWNS), an ETF that invests in agency mortgage-backed securities (MBS) backed by pools of mortgage loans made to minority families, low- and moderate-income (LMI) families, and/or families that live in persistent poverty areas.
Global brokerage infrastructure platform DriveWealth, LLC has announced the planned launch of a new line-up of yield-focused fixed income ETFs, providing retail investors alternatives to low yielding cash accounts.
US-based boutique value equity manager Hillman Capital Management is the latest firm to step into ETF waters through a partnership with SS&C ALPS Advisors.