Americas ETP News
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Global X files with the SEC-14 ETFs
July 7, 2011--Global X has filed a post-effective amendment, registration statement with the SEC for 14 ETFs.
The funds are:
Global X FTSE Portugal 20 ETF
Global X Slovakia ETF
Global X FTSE Ukraine ETF
Global X Qatar ETF
Global X FTSE Greece 20 ETF
Global X Kuwait ETF
Global X Hungary ETF
Global X Nigeria ETF
Global X Luxembourg ETF
Global X FTSE Bangladesh ETF
Global X FTSE Morocco 20 ETF
Global X FTSE Sri Lanka ETF
Global X Czech Republic ETF
Global X Kazakhstan ETF
view filing
Source: SEC.gov
ProShares files with the SEC
July 7, 2011--ProShares has filed a post-effective amendment, registration statement with the SEC for the ProShares Hedge Replication ETF.
view filing
Source: SEC.gov
AdvisorShares files with SEC
July 7, 2011--AdvisorShares has filed a post-effective amendment, registration statement with the SEC for the Rockledge SectorSAM ETF.
view filing
Source: SEC.gov
Van Eck files with the SEC
July 7, 2011--Van Eck has filed a post-effective amendment, registration statement with the SEC for the CEF Municipal Income ETF (XMPT).
view filing
Source: SEC.gov
Pimco files with the SEC
July 7, 2011--Pimco has filed a Post-Effective Amendment No. 32 to the Registration Statement for the PIMCO Total Return Exchange-Traded Fund
(TRXT).
view filing
Source: SEC.gov
Treasury volumes fall in second quarter
July 7, 2011--Trading in Treasuries during the second quarter declined from the first three months of the year, according to revised data issued by the leading US banking industry group.
The falling volumes, coming amid still-depressed equity trading, could weigh on second-quarter results for financial institutions such as banks and exchanges that start arriving next week.
read more
Source: FT.com
ProFunds Group names Troy Goldstein director of national accounts
July 7, 2011--)--ProFunds Group, a premier provider of alternative ETFs and mutual funds, announced today that Troy Goldstein has been named to the newly created role of Director of National Accounts. Mr. Goldstein, most recently with UBS AG, will oversee the National Accounts Group for ProShares ETFs and ProFunds mutual funds.
He reports to Donald Roberson, Managing Director, Distribution for ProShares and ProFunds.
“Troy has extensive industry relationships and a proven track record of building teams, delivering strategies and providing investment solutions,” said Mr. Roberson. “He’ll be a valuable asset to the team as financial advisors increasingly turn to our alternative ETFs and funds to be part of their clients’ portfolios.”
read more
Source: Business Wire
Opening Statement: First Open Meeting to Consider Final Rules Pursuant to the Dodd-Frank Act
Commissioner Jill E. Sommers
July 7, 2011--Good Morning. Thank you Mr. Chairman and thank you to the five teams who have final rules before us today. Over the past year you have all been under an incredible amount of pressure to complete drafts by certain deadlines.
We are all aware that you have worked late nights and weekends to meet those deadlines and we are very grateful to all of you for your dedication to your work and to this agency. Obviously we could not do this without you.
We are starting the process of finalizing rules today with a group of rules that do not relate to the structural and broader issues of trading and clearing swap transactions. Nonetheless, we are beginning without a plan. There have been no Commission decisions regarding the internal process or the implementation schedule for this very important and complicated task we have in front of us to finalize the rules and regulations required by the Dodd Frank Act. We have been discussing the appropriate sequencing of final rules as well as an implementation plan for many months and at this point I am still hopeful that the Commission will move forward to adopt a reasonable phased-in approach supported by market participants.
read more
Source: CFTC.gov
Morgan Stanley-US ETF Weekly Update
July 6, 2011--Weekly Flows: $2.1 Billion Net Inflows
ETF Assets at $1.1 Trillion, Up 10% YTD
No ETF Launches or News
US-Listed ETFs: Estimated Flows by Market Segment
ETFs exhibited net inflows of $2.1 billion last week, rebounding from the prior week’s outflows
EM Equity and Fixed Income ETFs posted the largest net inflows last week (combined $3.0 bln net inflows)
ETF assets stand at $1.1 trillion, up 10% YTD; we estimate from both net new money and market appreciation
ETF assets up 4% last week amid equity market gains
13-week flows remained mostly positive among asset classes
$28.4 billion net inflows into ETFs over past 13 weeks (Fixed Income up $9.9 bln; Commodity down $3.3 bln)
We estimate ETFs have generated net inflows 16 out of 26 weeks YTD; YTD net inflows of $56.7 bln
US-Listed ETFs: Estimated Largest Flows by Individual ETF
For the second consecutive week, Vanguard MSCI EM ETF (VWO) generated the most net inflows
The top and bottom net in/outflows were dominated by US equity ETFs
Over the past 13 weeks, VWO has put up the most net inflows ($3.5 bln) while the iShares Silver Trust (SLV)
has posted the largest net outflows ($2.1 bln)
request report
Source: Morgan Stanley
BM&FBOVESPA: Individual Investors’ Share Of ETFs Traded On Exchange In June Reaches 14.1%
Institutional Investors Continue To Lead Participation
June 6, 2011--Individual investors’ share in the volume of ETFs traded on the Exchange in June reached 14.1%. Institutional investors continued to lead in terms of volume, at 47.3%, followed by foreign investors (18.4%), financial institutions (17.0%) and public and private companies (3.1%).
ETFs are a simple investment diversification alternative for equities. In a single operation the investor can buy a stock portfolio without having to manage the component shares individually.
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Source: BM&FBOVESPA
