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Investors pour billions into S&P equal weight fund as tech fears rise
January 15, 2025--Invesco ETF garners record inflows on growing concerns over Magnificent Seven's dominance of US market
Investors have poured record amounts of money into a fund that spreads its assets equally across the S&P 500, as concerns mount that Wall Street's returns have become overly reliant on a handful of technology titans.
The Invesco S&P 500 Equal Weight exchange traded fund took in about $14.4bn in the second half of 2024, according to data from Morningstar, as investors hedged themselves against the dominance of big technology stocks.
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Source: ft.com
Simplify Introduces China A Shares Plus Income ETF (CAS), Providing A Share Exposure with Options Overlay Designed to Deliver Additional Income
January 14, 2025-- CAS is actively managed to provide exposure to small, mid and large cap Chinese mainland-listed companies; the Fund uses total return swaps so investor cash would not be locked up in the event of adverse geopolitical events.
Simplify Asset Management ("Simplify"), a leading provider of Exchange Traded Funds ("ETFs"), today introduced the Simplify China A Shares PLUS Income ETF (CAS), an actively-managed fund designed to achieve capital appreciation in its core portfolio, while providing investors additional current income via exposure to mainland Chinese equities utilizing an options overlay.
China A shares are equities that trade on mainland China exchanges and are predominantly held by domestic Chinese investors. The exposure available via the A share market is much broader than that available via the offshore Chinese equities that are typically accessed by foreign investors.
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Source: Simplify Asset Management Inc.
YieldMax Launches Its First Portfolio ETF The Crypto Industry & Tech Portfolio Option Income ETF (LFGY)
January 14, 2025--YieldMaxTM announced the launch today of its first YieldMaxTM Portfolio Option Income ETF:
YieldMaxTM Crypto Industry & Tech Portfolio Option Income ETF (NYSE Arca: LFGY)
LFGY Overview
LFGY is an actively managed ETF that seeks current income and capital appreciation via direct investments in a select portfolio of 15-30 crypto industry and technology ("Crypto") companies. LFGY aims to generate current income through an options portfolio on Crypto companies and/or Crypto ETFs.
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Source: YieldMax
ETFGI reports that assets invested in the ETFs industry in the United States reached a new record of US$10.73 trillion at the end of January
February 13, 2025-ETFGI, a leading independent research and consultancy firm renowned for its expertise in subscription research, consulting services, events, and ETF TV on global ETF industry trends, reported today that assets invested in the ETFs industry in the United States reached a new record of US$10.73 trillion at the end of January.
During January the ETFs industry in the United States gathered net inflows of US$90.25 billion, according to ETFGI's January 2025 US ETFs and ETPs industry landscape insights report, the monthly report which is part of an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)
Highlights
Assets invested in the ETFs industry in the United States reached a record of $10.73 Tn at the end of January beating the previous record of $10.59 Tn at the end of November 2024.
Net inflows of $90.25 Bn in January are the highest on record, followed by January net inflows of $78.78 Bn for 2018 and the third highest recorded January net inflows are of $71.09 Bn in 2024.
In January, Vanguard led with the highest net inflows, amounting to $36.05 billion. They were followed by iShares, which attracted $9.64 billion, and Invesco, which saw $7.70 billion in net inflows.
In January, SPDR ETFs experienced the largest net outflows, totalling $11.28 billion. They were followed by Direxion with $947.06 million and VanEck with $890.28 million in net outflows.
33rd month of consecutive net inflows.
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Source: ETFGI
Vanguard Expands Fixed Income Lineup with New Actively Managed Bond ETF
January 10, 2025--Vanguard today announced plans to introduce Vanguard Short Duration Bond ETF (VSDB), an active fixed income ETF that will be managed by Vanguard Fixed Income Group.
Vanguard intends to launch the ETF in early April of this year.
"The addition of VSDB to our line up underscores Vanguard's commitment to meeting the needs of our clients, providing them with access to Vanguard's world-class active investment talent at a low cost with the convenience and flexibility offered by the ETF structure," said Dan Reyes, head of Vanguard Portfolio Review Department.
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Source: Vanguard
BlackRock filing for hedge fund strategy ETF underlines new tilt
January 9, 2025-- Move demonstrates manager's new determination to democratise alternatives and could be timely, analysts say
BlackRock's ambitions to extend its dominance into the world of alternative assets have become crystal clear in the past year. It has now unveiled its latest foray- bringing a hedge fund strategy to its exchange traded fund investors.
BlackRock's ambitions to extend its dominance into the world of alternative assets have become crystal clear in the past year. It has now unveiled its latest foray- bringing a hedge fund strategy to its exchange traded fund investors.
The world's largest asset manager has snapped up Global Infrastructure Partners, the planet's second-largest manager of private infrastructure assets; Preqin, a major private markets data group; and HPS Investment Partners, a private credit manager, as well as sealing a deal with Switzerland's Partners Group to create model portfolios containing private equity, private credit and real estate funds.
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Source: ft.com
Griffin Asset Management Announces Strategic Partnership with Hedgeye Asset Management to Launch the Full Cycle Investment Strategy
January 9, 2025-- Griffin Asset Management has engaged in a strategic partnership with Hedgeye Asset Management (HAM) to launch the Full Cycle Investment Strategy. The long only separately managed account strategy will execute ETF and Stock trades based on a proprietary model portfolio designed by HAM to track the published investment research and trade signals of Hedgeye Risk Management (Hedgeye).
HAM has licensed the full cycle investment strategy model portfolio exclusively to Griffin Asset Management, which will be responsible for the product's advisory and operational responsibilities. HAM is a subsidiary of Hedgeye, a leading independent research provider and financial media company headquartered in Stamford, CT.
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Source: Griffin Asset Management
Fidelity to convert $180mn bond index fund into ETF
January 7, 2025--The proposed move is thought to be the first conversion in the US of a passively managed index mutual fund to an ETF.
Fidelity Investments will become the first asset manager to convert an index mutual fund into an ETF, according to industry analysts.
The firm's $178mn Municipal Bond Index Fund board intends to refashion the product into an ETF in April, according to a regulatory filing.
However, the conversion of its index fund would be the first time a US fund manager has filed to refashion such a product into an ETF, according to Morningstar analyst Dan Sotiroff.
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Source: ft.com
Strive files to launch 'bitcoin bond' ETF
January 7, 2025--Filing says active ETF would invest in bonds issued by companies such as MicroStrategy
Strive Asset Management plans to launch an exchange traded fund investing in bonds issued by companies to pay for bitcoin investments, according to a regulatory filing.
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Source: ft.com
ETF flows top $1.1tn for 2024 thanks to soaring stocks and bitcoin bonanza
January 7, 2025-- A closer look at ETFs' record-breaking year.
It will be new to no one that ETFs had a stellar year in 2024.
The vehicle, in the US, ended the year with $1.1tn in inflows, more than it has ever collected before, and over $10tn in assets under management, according to data from Morningstar Direct.
ETFs averaged $92bn of inflows per month in 2024, and had over $100bn of inflows in each month of Q4.
The year's flows were boosted by strong equity markets, the S&P 500 ended the year about 23%, a post election bump and rate cuts, as well as new bitcoin products, which proved especially popular.
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Source: citywire.com