Refinitiv reports that its Lipper data reveals that the promoters of ETFs in Europe experienced net inflows of EUR5.3 billion for May, bringing the total up to EUR798.7 billion, as markets bounced back from their lows.
Assets invested in the global ETFs/ETPs industry increased by 4.7 per cent, from USD5.84 trillion at the end of April 2020, to USD6.10 trillion at the end of May.
Rebecca Chesworth, Senior ETF Strategist at SPDR, has commented that healthcare is currently the most attractive sector for investors, with further opportunities to be found in Technology; Communication Services; Consumer Staples and Utilities.
Vincent Denoiseux, Head of ETF Research and Solutions at Lyxor ETF has published a report that reveals ESG ETF inflows were strong over the month of May, with EUR2.4 billion flowing in, creating a record year so far for ESG ETFs, and assets up at EUR10.6 billion.
The UK’s Leverage Shares has expanded its range of short and leveraged ETPs listed on the London Stock Exchange to 40, adding 28 new launches based on the most heavily traded US stocks.
Amplify ETFs is to liquidate the the Amplify EASI Tactical Growth ETF (EASI). Based upon the recommendation of Amplify Investments LLC, the Fund’s investment adviser, the Board of Trustees of the Amplify ETF Trust unanimously determined that it was in the best interests of the Fund and its shareholders to liquidate the Fund.
It is with great sadness that we report that ETF industry veteran and legend Denise Krisko, President and Co-Founder of Vident Investment Advisory (VIA) died unexpectedly on 10 June.
Bloomberg has launched the Bloomberg US Multi-Asset Indices, comprising Bloomberg indices across the major asset classes, with each index constructed from a composite of at least one fixed income and one equity index.
First Trust Advisors' First Trust International Equity Opportunities ETF (FPXI) has passed USD100 million in total net assets.
Direxion has expanded its range of buy and hold products with the launch of the three new ETFs: the Direxion Dynamic Hedge ETF (DYHG, Net Expense Ratio: 0.57 per cent), the Direxion High Growth ETF (HIPR, Expense Ratio: 0.40 per cent), and the Direxion Fallen Knives ETF (NIFE, Expense Ratio: 0.50 per cent).