July 30, 2010--TDX Independence Funds has filed a post-effetive amendment, registration statement with the SEC for TDX Independence 2010 Exchange-Traded Fund (NYSE Arca, Inc. – TDD)
TDX Independence 2020 Exchange-Traded Fund (NYSE Arca, Inc. – TDH)
Global X Funds Lists Global X Brazil Financials ETF on NYSE Arca
July 29, 2010--–- NYSE Euronext (NYX) announced that its wholly-owned subsidiary, NYSE Arca, today began trading the Global X Brazil Financials ETF (Ticker: BRAF). The ETF is sponsored by Global X Funds.
Global Equity Index & ETF Research : Holiday calendar in full swing, another quiet week
Weekly European ETP Market Roundup July 29, 2010--Net Cash flows
Major equity indices edged higher in the week that ended July 23rd 2010. The Euro Stoxx 50 index rose by 2.8%, the DAX rose by 2.1% and FTSE 100 fell by -0.5%. The price of gold (USD) continued to fall, -0.1% to the end of last week and -2.4% by July 27th.
Despite generally positive market sentiment, cash flows grinded to a complete halt. Total European ETP cash flows registered at just €142 million for the past week. In addition to lingering questions about the strength of the economic recovery, the very slow cash flows mainly reflect subdued investment activity due to the European summer holiday calendar.
Double-digit growth predicted for China
Revaluation of China currency important for rebalancing, says IMF
Warnings against rising housing and asset prices July 29, 2010--China’s skillful response to the global financial crisis has blunted the worst of the downturn, but IMF economists say trade and current account surpluses must be prevented from reasserting themselves as the global economy recovers and China’s stimulus is withdrawn.
ETFs: Fixed Income: Defined Maturity Fixed Income ETFs - A "Maturing" Investment-Morgan Stanley
July 29, 2010--The introduction of fixed income ETFs with defined maturity dates is an important evolutionary development within the ETF
market. In an environment where many investors are concerned about rising rates, defined maturity
ETFs, which terminate and distribute their net asset
value at predetermined dates, offer a compelling alternative to traditional fixed income funds.
However, they also entail additional complexities.
July 29, 2010--Index firm MSCI says it plans to cut around 70-80 jobs in the first round of a restructuring as it absorbs its £1.55bn acquisition of risk management and environmental social and governance (ESG) research firm RiskMetrics.
