Tema ETF Trust files with the SEC
April 21, 2023--Tema ETF Trust has filed a Form N-1A Registration Statement, Pre-Effective amendment with the SEC.
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CBOE tells Goldman climate ETF it must find more investors
April 21, 2023--A Goldman Sachs environmental, social and governance-focused ETF may be delisted because it has not attracted enough investors, filings show.
The $8.5mn Goldman Sachs ActiveBeta Paris-Aligned Climate US Large Cap Equity ETF (GPAL) has had fewer than 50 beneficial owners for more than 30 days and is therefore in violation of the Chicago Board Options Exchange BZX Exchange's listing standards, the firm disclosed in a filing earlier this month.
The fund first listed in December 2021, and it was found to have been short of the listing requirements since early January 2023, the filing states.
Emerge Canada's debt to suspended ETFs described as 'unusual'
April 21, 2023--The amount the funds were owed rose to C$2.54mn by June 2022 from C$1.12mn at the end of 2021
Fund industry analysts have expressed surprise at the "unusual" financial arrangements of a family of Canadian exchange traded funds that are subject to a trading ban.
The Ontario Securities Commission suspended trading in 11 ETFs after their sponsor, Emerge Canada, failed to file audited financial statements by a March 31 deadline after parting company with its auditor, BDO Canada, in November last year.
J.P. Morgan Asset Management Expands BetaBuilders ETF Suite with Launch of BBLB, BBIB and BBSB
April 20, 2023--Funds include three new fixed income ETFs
J.P. Morgan Asset Management (JPMAM) today announced the launch of three new fixed income Betabuilders ETFs: JPMorgan BetaBuilders U.S Treasury Bond 20+ Year ETF (BBLB), JPMorgan BetaBuilders U.S Treasury Bond 3-10 Year ETF (BBIB) and JPMorgan BetaBuilders U.S Treasury Bond 1-3 Year ETF (BBSB).
All of the new ETFs are listed on the CBOE Global Markets.
BBLB, BBIB and BBSB will be index-tracking, offering low-cost Beta-exposure as an addition to JPMAM's active offerings. The new ETFs complement the firm's existing BetaBuilders ETF line-up which consists of funds such as the JPMorgan BetaBuilders 1-5 Year U.S. Aggregate Bond ETF (BBSA), the JPMorgan BetaBuilders U.S. Aggregate Bond ETF (BBAG), the JPMorgan BetaBuilders USD Investment Grade Corp (BBCB) and the JPMorgan BetaBuilders USD High Yield Corp (BBHY).
Global X Funds files with the SEC-Global X Dow 30 Covered Call & Growth ETF
April 20, 2023--Global X Funds has filed a
post-effective amendment, registration statement with the SEC for the Global X Dow 30 Covered Call & Growth ETF.
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ETF Series Solutions files with the SEC
April 19, 2023--ETF Series Solutions has filed an application for exemptive relief with the SEC.
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Listed Funds Trust files with the SEC-Roundhill Non-Profitable Tech ETF and Roundhill Short Non-Profitable Tech ETF
April 18, 2023--Listed Funds Trust has filed a post-effective amendment, registration statement with the SEC for the Roundhill Non-Profitable Tech ETF
Roundhill Short Non-Profitable Tech ETF.
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The U.S. Dollar as an International Currency and Its Economic Effects: Working Paper 2023-04
April 17, 2023--Summary
The U.S. dollar plays an important role as the most widely used currency in global goods, services, and financial markets. Strong international demand for U.S. dollars and dollar-denominated assets associated with the dollar's status as an international currency has increased the value of the dollar in foreign exchange markets and the value of dollar-denominated assets in financial markets.
As a result, the dollar's status has contributed to persistent U.S. trade deficits and, by lowering interest rates, to increased access to credit for U.S. households, businesses, and the federal government. Over the next decade, the dollar's international use is expected to decline very gradually, in the Congressional Budget Office's assessment, but it will not be overtaken by either of its closest competitors, the euro or the Chinese renminbi.
Former NFL player to acquire $7bn ETF shop
April 17, 2023--Casey Crawford will acquire boutique investment, advisory and financial services firm Vident and its affiliates
Super Bowl winner and entrepreneur Casey Crawford will acquire Vident Investment Advisory and its affiliates, the firm has announced earlier this month.
The terms of the deal were not disclosed. The transaction is expected to close by the end of the third quarter.
All of the boutique firm's investment, advisory and financial services lines will be renamed Vident Asset Management, according to the announcement.
Amplify ETF Trust files with the SEC-Amplify Cash Cow High Income ETF
April 17, 2023-Amplify ETF Trust has filed a Post-Effective Amendment, Registration Statement with the SEC for the Amplify Cash Cow High Income ETF.
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BondBloxx ETF Trust files with the SEC-3 BondBloxx BBB Rated ETFs
April 17, 2023-BondBloxx ETF Trust has filed a Post-Effective Amendment, Registration Statement with the SEC for the
BondBloxx BBB Rated 1-5 Year Corporate Bond ETF
BondBloxx BBB Rated 10+ Year Corporate Bond ETF
BondBloxx BBB Rated 5-10 Year Corporate Bond ETF.
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Amplify ETF Trust files with the SEC-Amplify Cash Cow Dividend Leaders ETF
April 17, 2023-Amplify ETF Trust has filed a Post-Effective Amendment, Registration Statement with the SEC for the Amplify Cash Cow Dividend Leaders ETF.
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ETF Opportunities Trust files with the SEC-Tuttle Capital 2X All Innovation ETF and Tuttle Capital 2X Inverse All Innovation ETF
April 17, 2023-ETF Opportunities Trust has filed a Post-Effective Amendment, Registration Statement with the SEC for the
Tuttle Capital 2X All Innovation ETF
Tuttle Capital 2X Inverse All Innovation ETF.
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BlackRock Ditches 60/40 Portfolio in New Regime of High Inflation
April 17, 2023--April 17, 2020-- Fund manager's strategists call for broader portfolio mix
Sticky inflation means low-rate environment will not return
BlackRock Inc. strategists are ditching the 60/40 portfolio in favor of public and private investments as well as tactical holdings of bonds to navigate higher interest rates.
Strategists from BlackRock Investment Institute, the research arm of the world's largest asset manager, recommend "breaking up traditional asset allocation buckets, moving away from broad allocations to public equities and bonds," according to a Tuesday note.
Investors trapped in Canadian ETFs after trading ban
April 14, 2023--Emerge Canada funds suspended following failure to file financial statements
Investors in a suite of Canadian exchange traded funds face being trapped for an extended period after regulators imposed an "indefinite" trading ban on the funds.
Both primary and secondary market trading has been suspended in 11 ETFs after their sponsor, Emerge Canada, failed to file audited financial statements by a March 31 deadline.