Americas ETP News Older Than 1 year-If your looking for specific news, using the search function will narrow down the results
iShares fies with the SEC
February 8, 2012-iShares has filed pre-effective amendment no.2 to form S-1
registration statement with the SEC for the
iShares(R) Dow Jones-UBS Roll Select Commodity Index Trust
view filing
Alps files with the SEC
February 8, 2013--Alps has filed a post-effective amendment, registration statement with the SEC for the Barron's 400 ETF.
view filing
Foreign bonds back in Vanguard pipeline
February 8, 2013--Vanguard says it is ready to launch its first international bond fund, after backtracking twice previously on a rollout.
The Total International Bond Index Fund, with an accompanying exchange traded fund share class, is now scheduled to appear sometime before midyear, according to a company announcement.
PIMCO To Launch Foreign Currency Strategy Exchange Traded Fund (FORX)
PIMCO To Launch Foreign Currency Strategy Exchange Traded Fund (FORX)
An actively managed ETF that provides access to a basket of currencies likely to benefit from dollar weakness
February 8, 2013--PIMCO, a leading global investment management firm, will list Feb. 12 the PIMCO Foreign Currency Strategy Exchange Traded Fund (Ticker: FORX), created to offer investors the potential to benefit from fundamental changes in global currency dynamics by diversifying away from the dollar.
The fund will be jointly managed by Scott Mather, managing director and head of global portfolio management; Vineer Bhansali, managing director and head of quantitative investment portfolios; and Thomas Kressin, senior vice president and head of European foreign exchange.
Rising debt levels, limited fiscal flexibility and easy monetary policy in the U.S. may weigh on the dollar for years. FORX is a portfolio of currencies and local currency bonds actively managed to help investors diversify out of the dollar and preserve their purchasing power. The active management is a notable difference for an ETF marketplace made up mostly of passive products in which investors generally must form their own views on individual currencies or currency indexes.
Credit Suisse AG Announces the Repurchase of its Four ELEMENTS(TM) Notes
February 8, 2013--The four notes are the ELEMENTS(TM) Linked to the MLCX Gold Index-Total Return due April 10, 2023, the ELEMENTS(TM) Linked to the Credit Suisse Global Warming Index, Exchange Series due April 10, 2023, the ELEMENTS(TM) Linked to the MLCX Livestock Index-Total Return due April 10, 2023 and the
ELEMENTS™ Linked to the MLCX Precious Metals Plus Index—Total Return due April 10, 2023 (collectively, the "Notes").
Credit Suisse AG expects to deliver notice via The Depository Trust Company of the repurchase of the Notes on or about February 14, 2013. Investors will receive a cash payment in an amount equal to the applicable daily repurchase value on the valuation date. The valuation date in each case is expected to be February 15, 2013. The repurchase date for each Note is expected to be February 21, 2013, which is three business days after the valuation date.
U.S. Department of the Treasury Economic Statistics-Monitoring the Economy Update
February 8, 2013----The Economic Statistics-Monitoring the Economy for U.S. Department of the Treasury have been updated and are now available.
view the US Economic Data-Quarterly report
United States Commodity Funds LLC announces four of its Exchange Traded Commodity Funds are available to trade commission-free in the new Schwab ETF OneSource program
February 7, 2013--United States Commodity Funds, LLC announces that four of its exchange traded commodity funds; United States Commodity Index Fund (ticker: USCI), United States 12 Month Oil Fund, LP (ticker: USL), United States Gasoline Fund, LP (UGA), and the United States 12 Month Natural Gas Fund, LP (UNL), will trade commission-free on the recently announced Schwab ETF OneSource platform.
Charles Schwab & Co. announced earlier today that Schwab clients can now buy and sell 105 ETFs with $0 online trade commissions. They also stated that all major asset classes are included in the offering, with funds from six leading providers, including the United States Commodity Funds. Schwab clients who buy and sell ETFs on the Schwab ETF OneSource platform will pay the exact same operating expense ratio (OER) they would elsewhere, but without paying a commission.
ALPS files with the SEC
February 7, 2013--Alps has filed a post-effective amendment, registration statment with the SEC for the
VelocityShares Emerging Markets DR ETF
VelocityShares Russia Select DR ETF
VelocityShares Emerging Asia DR ETF.
view filing
Deutsche Bank-Synthetic Equity & Index Strategy-North America-US ETF Market Monthly Review- ETPs support January risk-on rally with $29.5bn inflows
February 7, 2013--ETP assets in the US rose by $72.1bn to $1.406 trillion (YTD ↑5.4%) last month. Global ETP industry assets rose and closed at $1.933 trillion (YTD ↑5.2%)
ETP flows support the risk-on rally
US ETP flows experienced inflows of $29.5bn during January (2.2% of last year’s AUM).
Within long-only ETPs, total flows were +$28.6bn in January vs. +$28.9bn in December.
Equity, Fixed Income, and Commodity long-only ETPs experienced cash flows of +$28.0bn, +$0.9bn, and -$0.9bn, respectively.
The risk-on trend was clear across the board last month. Inflows were strong across all regional equities with US (+$12.6bn), EM (+$6.2bn), and Intl DM (+$4.3bn) equities all trending higher; in terms of size allocations, small cap (+$2.9bn) product flows came in stronger than large and mid caps; and sector wise the rotation to Cyclicals (Global +$1.9bn, Dom. +$3.7bn) from Defensives (-$0.3bn) was also clear. Within the Fixed Income space, investors made their preferences clear with Corporates (+$1.8bn) outperforming Sovereigns (-$2.0bn) flow-wise, and high yield (+$0.9bn) leading investment grade (-$1.5bn) ETPs. Finally, the money withdrawal from Gold ETPs (-$1.1bn) also pointed to a departure from safe-haven assets.
New Launch Calendar: income, quality, and global corporates
There were three new ETFs and two new ETNs listed during the previous month. Three of them were listed in the NYSE Arca, while the remaining two products were listed in Nasdaq. The new product offer exposure to MLPs, gold, global corporate bonds and Large Cap companies with solid earnings quality.
Turnover Review: Floor activity increased by 1.2% in January
ETP turnover totaled $1.121 trillion last month, up by 1.2% (+$13.8bn) from the previous month figure of $1.107 trillion, but still 4.1% below last year’s monthly average of $1.168 trillion.
ETP trading made up 24.6% of all US cash equity trading in January, down from last year’s peak of 28.8% in June, and still below its 3-year monthly average of 29.8%.
Equity ETPs turnover fell during last month by $14.7bn or -1.5%; meanwhile Fixed Income and Commodity ETPs turnover rose by $21.5bn (+34.3%) and $4.8bn (+8.8%), respectively.
Schwab Launches Schwab ETF OneSource (TM)
February 7, 2013--Charles Schwab announced today the launch of Schwab ETF OneSource(TM)-a new ETF platform that gives investors and advisors access to the most commission-free ETFs anywhere in the industry1.
Beginning today, Schwab clients can buy and sell 105 ETFs with $0 online trade commissions. The offering spans major asset classes, with funds from leading providers, including State Street SPDR® ETFs, Guggenheim Investments, PowerShares, ETF Securities, United States Commodity Funds, and Charles Schwab Investment Management.
Franklin Templeton files with the SEC
February 7, 2013--Franklin Templeton has filed a pre-effective amendment, registration statement with the SEC for the Franklin Short Duration Goverment ETF, a actively-managed ETF.
view filing
Van Eck files with the SEC
February 7, 2013--Van Eck has filed a post-effective amendment, registration statement with the SEC for the Market Vectors BDC Income ETF.
view fiing
ALPS files with the SEC-U.S. Equity High Volatility Put Write Index Fund
February 7, 2013--Alps has filed a post-effective amendment, registration statement with the SEC for the U.S. Equity High Volatility Put Write Index Fund.
view filing
ProShares files with the SEC
February 6, 2013--ProShares has filed a post-effective amendment, registration statement with the SEC. This post-effective amendment relates only to ProShares Credit Suisse 130/30, ProShares Short MSCI Emerging Markets, ProShares UltraShort MSCI Emerging Markets, ProShares UltraShort MSCI Brazil,
ProShares UltraShort MSCI Mexico Investable Market, ProShares Ultra MSCI Emerging Markets, ProShares Ultra MSCI Brazil, ProShares Ultra MSCI Mexico Investable Market, ProShares Ultra High Yield and ProShares Ultra Investment Grade Corporate, each a series of ProShares Trust.
US sues S&P over inflated ratings
February 6, 2013--The US Justice Department said on Tuesday it is seeking at least $5bn in civil penalties from Standard & Poor's for losses due to inflated ratings of mortgage bonds.
Announcing a suit against S&P and its parent, The McGraw-Hill Companies, Attorney General Eric Holder said the powerful rating agency knowingly exaggerated the ratings on financial securities, misrepresenting their true credit risk.
