Americas ETP News
If your looking for specific news, using the search function will narrow down the results
VanEck Teams with Ned Davis Research to Launch Long/Flat Equity Allocation ETF
October 5, 2017--ETF is designed to guide investors through volatile markets by opportunistically allocating
between U.S. equity and cash.
VanEck today announced the launch of the VanEck Vectors(R) NDR CMG Long/Flat Allocation ETF (NYSE Arca: LFEQ), a new fund with a guided allocation approach designed to help investors manage risk in the U.S. equity market.
"Many investors make an allocation to U.S. equity for the long-term growth potential, but most may not realize that since 1928 the S&P 500 has spent 70% of the time either in a bear market or recovering from one.1 That's not a lot of time spent growing new wealth," said Ed Lopez, Head of ETF Product Management at VanEck.
view more
Source: VanEck
CBOE Holdings Reports September 2017 Trading Volume
October 4, 2017--CBOE Holdings, Inc. (BATS: CBOE | NASDAQ: CBOE) today reported September monthly trading volume and average revenue per contract (RPC)/net revenue capture data at www.cboe.com/monthlyvolrpc.
The data sheet "CBOE Holdings Monthly Volume & RPC/Net Revenue Capture Report" contains an overview of September statistics for options (Chicago Board Options Exchange(R) (CBOE(R)), C2 Options Exchange (C2), BZX(R) and EDGX(R)); CBOE Futures Exchange (CFE(R)); U.S. equities (BZX(R), BYX(R), EDGA(R), EDGX(R)); European equities; and global FX (Bats Hotspot). Data sheets are available on an as reported and combined basis for 2017 and 2016.
view more
Source: CBOE
Merk Insight: Tax Reform- Implications for Gold
October 4, 2017--Last week, I got several calls asking me how U.S. tax reform will impact the price of gold. If you can answer this question, you might be able to answer how tax reform will impact other assets. Let me explain.
If you were to analyze the impact of any tax changes on any asset, you have two sets of dynamics to consider: those of the tax reform and those of the asset. What makes the comparison to gold unique is that gold is, if I may call it such, the purest of all assets because it doesn't change. It is the world around it that changes.
Monetary policy affects nominal prices, whereas fiscal policy affects real prices. That is, printing money might affect the price level, but fiscal policy affects where money gets allocated, and what investments take place.
view more
Source: Merk Investments
CFTC.gov Swaps Report Update
October 4, 2017--CFTC's Weekly Swaps Report has been updated, and is now available.
view more
Source: CFTC.gov
TrimTabs Announces Impressive Performance of TTAC On One Year Anniversary
October 4, 2017--Fund posts 24.81% gains since inception, outperforms benchmark by 577 bps
TrimTabs Asset Management (TTAM), a New York City-based investment manager focused on free cash flow-centric strategies, today announced impressive performance numbers for its flagship fund TTAC, the TrimTabs Float Shrink ETF, on the first anniversary of its launch.
Since inception, the fund has notched 24.81% gains, while outperforming its benchmark, the Russell 3000 Index, by 577 basis points, or 5.77%.
view more info
Source: TrimTabs
Confluence Appoints Todd Moyer to Chief Operating Officer Role Accountable for Operational Excellence and Revenue Growth
October 3, 2017--Moyer to Lead Market Strategy, Business Development and Operational Readiness
Confluence, the global leader in asset management back-office data consolidation and automation, today announced that Todd Moyer has been promoted to Chief Operating Officer, a strategic role focused on ensuring operational excellence, optimizing revenue generation across North America and Europe and evaluating growth potential in adjacent geographic markets globally.
view more
Source: Confluence
Cougar Global Investments Appoints Abdullah "Abe" Sheikh Head Of Research
October 3, 2017--Cougar Global Investments, a globally-oriented solutions-focused asset manager and affiliate of Carillon Tower Advisers, is pleased to announce that Abdullah "Abe" Sheikh, FSA, MAAA, has joined the firm as head of research.
Sheikh will provide enhanced analytics and additional quantitative-research capabilities as part of the Cougar Global investment team.
view more
Source: Cougar Global Investments Ltd.
Ultumus-ETF DNA-US ETF Market Summary September 2017
October 3, 2017--September 2017 saw net inflows of US$ 28.6 Bn.
At the end of September 2017 there were 2,029 ETFs domiciled in the US with assets of $ 3,123 Bn from 81 product issuers and 124 index providers.
Assets increased by $71.5 Bn (or 2.3%) in September, with net inflows of $ 28.6 Bn.
iShares saw the largest net inflows for the month with $16.9 Bn, followed by Vanguard with $9.4 Bn and Schwab with $1.8 Bn, while State Street's SPDRs range experienced the largest net outflows of $2.2 Bn.
ETFs tracking FTSE Russell indices saw the largest net inflows for the month with $7.5 Bn, followed by Bloomberg based indices with $5.3 Bn and ICE with $3.5 Bn, while S&P Dow Jones based products experienced the largest net outflows of $1.5 Bn.
view report
Source: ULTUMUS-Financial Data Management
AdvisorShares Announces ETF Closures
October 3, 2017--AdvisorShares, a leading sponsor of actively managed exchange-traded funds (ETFs), announced today that the AdvisorShares Gartman Gold/Euro ETF (NYSE Arca: GEUR) and the AdvisorShares Gartman Gold/Yen ETF (NYSE Arca: GYEN) will close. The AdvisorShares Board of Trustees approved the closings and subsequent liquidations of GEUR and GYEN.
The last day of trading for both funds will be October 13, 2017, which will also be the final day for creations or redemptions by authorized participants. The funds will cease operations, withdraw their assets, and distribute the remaining proceeds to shareholders on or after October 20, 2017.
view more
Source: AdvisorShares
Goldman Sachs to Explore Starting Bitcoin Trading Venture
October 2, 2017--Goldman Sachs Group Inc. is exploring how it could help clients trade bitcoin and other digital currencies, according to a person briefed on the plan.
The New York-based bank is in talks with cryptocurrency experts but hasn't yet formulated a business plan, a timetable for implementation or made any bitcoin-related investments, according to the person who asked not to be identified talking about internal deliberations.
view more
Source: Bloomberg
