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FocusShares broadens its low-cost sales pitch
MArch 20, 2012--A year after launching its initial suite of US equity exchange traded funds, FocusShares is embarking on its first marketing campaign to raise assets and awareness among advisers of its low-cost products.
Since its inception FocusShares has looked to position itself as the price leader in the heavily commoditised world of domestic equity ETFs. Its large-cap ETF, for example, has an expense ratio of 5 basis points.
And he reiterated his pledge that Brazil will take tough action to combat the ill effects of such policies.
read more CFTC Releases Staff Analysis of Market Data Related to Single-Name and Index Credit Default Swaps
Analysis of this data may supplement other information considered in connection with the final rules defining the terms noted above, and it is made available to allow the public to consider this supplemental information. The CFTC and SEC staffs expect that the Commissions will consider the adoption of the final rules in the next several weeks.
view the Comments for Proposed Rule 75 FR 80174 view the SEC Memorandum-Information regarding activities and positions of participants in the single-
name credit default swap market
CFTC.gov Commitments of Traders Reports Update Standard & Poor's Announces Changes In The S&P/TSX Canadian Indices Company additions to and deletions from an S&P equity index do not in any way reflect an opinion on the investment merits of the company.
New Russell ETFs offer high dividend yield exposure The Russell High Dividend Yield ETF (HDIV) and Russell Small Cap High Dividend Yield ETF (DIVS)
seek to track the market capitalization-weighted Russell U.S. Large Cap High Dividend Yield and Russell U.S.
Small Cap High Dividend Yield Indexes, respectively. Each of these new ETFs is composed of dividendpaying
companies with quality characteristics such as their ability to pay a higher dividend yield, exhibit
sustained dividend growth and deliver earnings stability. The quality characteristics of each company are then
evaluated by measures of financial strength including positive cash flow, return on equity and analyst
forecasts for earnings growth. Once the universe is screened for financially strong securities, the constituents
are selected to help maximize dividend yield. read more
Finance minister pledges bold action to safeguard economic competitiveness
March 17, 2012--Brazil’s finance minister Guido Mantega has stepped up his attack on rich country economic policies that he says have opened the flood-gates to harmful capital flows to the developing world.
Writing exclusively in today’s Emerging Markets, Mantega says the economic competitiveness of emerging nations must not fall victim to ultra-loose monetary policies being pursued by the US, Europe and Japan in response to the global crisis.
Source: Emerging Markets
March 16, 2012--The staffs of the Commodity Futures Trading Commission (CFTC) and Securities and Exchange Commission (SEC) have released analyses of market data related to single-name and index credit default swap (CDS) transactions.
The analyses, which were conducted by the staff of the SEC’s Division of Risk, Strategy and Financial Innovation and shared with the CFTC’s Office of Chief Economist, are available for review as part of the comment files for rules the Commissions jointly proposed to further define the terms “swap dealer,” “security-based swap dealer,” “major swap participant,” “major security-based swap participant” and “eligible contract participant.” The rules were proposed in December 2010 as one part of the implementation of Title VII of the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank Act”). For access to the information, please see the Related Links.
Source: CFTC.gov
March 16, 2012--The current reports for the week of March 13, 2012 are now available.
view updates
Source: CFTC.gov
March 16, 2012--Standard & Poor's will make the following changes in the S&P/TSX Canadian Indices:
The shareholders of RuggedCom Inc. (TSX:RCM) have accepted the $CDN33.00 cash per share offer from Siemens Canada Limited.
RuggedCom will be removed from the S&P/TSX SmallCap, Equity SmallCap and Clean Technology Indices effective after the close of Wednesday, March 21, 2012.
Source: Standard & Poor's
ETFs use transparent, rules-based indexes and quality screens that aim to identify financially strong companies
March 15, 2012--Global asset manager Russell Investments launched two high dividend yield exchange-traded funds (ETFs) today on the NYSE Arca, expanding on its line-up of next-generation solutions with focused exposure to quality companies that demonstrate higher dividend yields.
The Russell High Dividend Yield ETFs are yield-focused products that seek to deliver more predictable returns, while offering an alternative to currently lower yielding fixed income products.
Source: Russell
