Global ETF News Older than One Year
First Bridge 'ETF 20/20': Exchange Traded Fund-October 2017
October 23, 2017--Key Highlights
Our monthly 'ETF 20/20' report briefly summarizes recent Exchange Traded Fund (ETF) trends globally. It uses data from the First Bridge ETF database that includes all global ETPs.
Global ETF assets grew by 2.7% in September 2017 and crossed the $4.5T threshold.
State Street (the third largest ETF issuer in the US by assets) re-named and significantly lowered fees on 15 of its existing ETFs and branded them as 'Portfolio' ETFs.
Bernstein, a subsidiary of $517B asset manager Alliance Bernstein, launched two ETFs in the US under the tickers BERN and BRGL. Bernstein is packaging its active 'Outperform' stock recommendations in the form of index linked ETFs.
There were 1141 new ETF launches in the first 3 quarters of 2017 including cross-listings. Ten issuers accounted for a little more than half of the new listings globally.
US Small Cap ('IWM') was the best performing of 6 ETFs representing the major asset classes in the trailing 1 month through October 20, 2017.
Source: First Bridge
ETF Securities Weekly Flows Analysis-Largest weekly inflows into Robotics since inception
October 23, 2017--Minor gold outflows of US$12.6mn, following inflows over the previous 5 weeks, totalling US$312mn.
Recent rising oil prices have led to outflows in 12 of the last 13 weeks, totalling US$381mn.
Robotics inflows last week totalled US$33mn, the largest weekly inflow since inception.
Gold saw minor outflows of US$12.6mn, following gold inflows over the previous 5 weeks totalling US$312mn. The previous weeks of inflows are on a par to inflows seen in February this year. The gold market has been wrestling with the fact that corporate confidence data (PMIs) has highlighted that developed world growth is at a cycle high, which typically dampens sentiment for gold. Conversely, geopolitical risks, including Catalonia and North Korea keep escalating. The threat of a December interest rate hike in the US and possible tighter monetary policy from the ECB and UK is also likely to put pressure on gold prices in the coming months, particularly as we continue to see better than expected corporate earnings.
Source: etfsecurities.com
Ultumus-USAA and Cathay Securities
October 23, 2017--USA
United Services Automobile Association to list five ETFs
USAA, the group that provides financial services to members and veterans of the US military, is listing six ETFs in New York.
They are:
USAA Core Short-Term Bond ETF (USTB)
USAA Core Intermediate-Term Bond ETF (UITB)
USAA MSCI USA Value Momentum Blend Index ETF (ULVM)
USAA MSCI USA Small Cap Value Momentum Blend Index ETF (USVM)...
Taiwan
Cathay cross-lists funds into USD
Cathay Securities is cross-listing three plain vanilla ETFs into US dollars. They are:
Cathay FTSE China A50 ETF (00636K)
Cathay Nikkei 225 Currency-hedged ETF (00657K)
Cathay Dow Jones Industrial Average ETF (00668K)
Source: ULTUMUS-Financial Data Management
DECPG Global Weekly
October 20, 2017--Taking Stock
U.S. industrial production rebounded in September;
jobless claims fell to a 44-year low.
U.S. industrial production rose 0.3 percent (m/m, sa) in September, after a 0.7 percent decline in August, as the effects of Hurricane Harvey and Irma began to fade.
Output in manufacturing, mining, and utilities expanded, following contracti ons in August. Meanwhile, U.S. initial jobless claims decreased by 22,000 to 222,000 in the week ended October 14,the lowest level since March 1973, pointing to a rebound in job growth after the decline in nonfarm payrolls in September. The less-volatile 4-week moving average of claims dropped 9,500 to 248,500.
Source: World Bank
Ultumus-High Yields and Dividends
October 20, 2017--USA
BlackRock lists high yield corporate bond ETF
BlackRock has listed a new fixed income ETF in the US that gives broad exposure to US dollar denominated corporate junk bonds, the iShares Trust Broad USD High Yield Corporate Bond ETF (USHY).
BlackRock is not the first issuer to track this index. Lyxor has a product doing so in Europe, via swaps (HYST). BlackRock is unlikely to be the last either. High yield debt has been cracked wide open by ETFs in recent years....
VictoryShares lists emerging markets high dividend yield
VictoryShares is listing a new dividend ETF in New York that tracks the highest dividend paying companies in emerging markets, the Victory CEMP Emerging Market High Div Volatility Wtd Index ETF (CEY).
CEY hunts its big dividend stocks via an in-house index. The index takes the “500 largest emerging market companies by market capitalization with positive earnings” the past 12 months...
Europe
UK
BlackRock brings successful biotech ETF to Europe
BlackRock is listing a biotechnology ETF on the London Stock Exchange, the iShares Nasdaq US Biotechnology UCITS ETF (BTEK, BTEC). BTEK tracks an index that takes the NASDAQ and selects its top performing biotechnology and pharmaceutical companies....
BlackRock cross-lists bond ETF into euros
Switzerland
BlackRock makes long-term treasuries ETF available in CHF
BlackRock is making its iShares USD Treasury Bond 20+yr UCITS ETF USD Dist (DTLC) available to Swiss investors in Swiss francs...
Source: ULTUMUS-Financial Data Management
Ultumus-Canadian bank lists Canadian bank ETF
October 19, 2017--Canada
Royal Bank of Canada lists three funds
Canada's largest company, the Royal Bank of Canada, is listing three new ETFs in Toronto. They are:
RBC Canadian Bank Yield Index ETF (RBNK)
RBC 6-10 Year Laddered Canadian Corporate Bond ETF (RMBO)
RBC Short Term US Corporate Bond ETF (RUSB)....
Taiwan
Fubon lists preferred US ETF
Fubon Securities, one of Taiwan's biggest ETF issuers by assets, is listing the Fubon S&P US Preferred Stock ETF (00717) in Taipei. 00717 will track the S&P US Preferred Stock Index, which puts together an index of US preferred stocks.
Source: ULTUMUS-Financial Data Management
ETFGI reports assets invested in Smart Beta equity ETFs/ETPs listed globally have increased 21.9% in 2017 to reach a new record of US$644 billion at the end of September
October 19, 2017--ETFGI, a leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, reported today that assets invested in Smart Beta equity ETFs/ETPs listed globally have increase 21.9% in the first 9 months of the year to reach a new record of US$644 Bn at the end of September, according to ETFGI's September 2017 global smart beta equity ETF and ETP industry insights monthly report which is part of an annual paid for research subscription service.
Record levels of assets were reached at the end of September for equity smart beta ETFs/ETPs listed globally with US$644.40 Bn, in the United States with US$571.45 Bn, in Europe with US$48.44 Bn, in Canada with US$14.40 Bn and in Asia Pacific (ex-Japan) with US$6.08 Bn.
Source: ETFGI
Population ageing and rising inequality will hit younger generations hard
October 19, 2017--Younger generations will face greater risks of inequality in old age than current retirees and for generations born since the 1960s, their experience of old age will change dramatically.
Moreover, with family sizes falling, higher inequality over working lives and reforms that have cut pension incomes, some groups will face a high risk of poverty, according to a new OECD report.
Preventing Ageing Unequally says that in 1980, there were only 20 people aged 65 and over for every 100 of working-age, on average across the OECD; by 2015 this number had risen to 28 and by 2050 is projected to almost double to reach 53. Many OECD and emerging economies are ageing much faster. At the same time, inequalities have been increasing from one generation to the next. Among people starting their working life it is now already much higher than among today's elderly. .
Source: OECD
Digital Cryptocurrency Vault DigiPulse Reaches $1 million in Token Sale
October 19, 2017--DigiPulse a 'digital cryptocurrency vault' which provides an inheritance service for digital and crypto assets, has reached the $1 million mark in a token sale which ends on 31 October 2017.
The new brand enables customers to safely secure and pass on their digital assets to those they care about when they pass away. These assets can include cryptocurrencies, digital images and other documents.
Source: Blockchain News
ETFGI reports assets invested in Active ETFs and ETPs listed globally have increased 44.9 percent in 2017 to reach a new record of 63.60 billion US dollars at the end of September
October 18, 2017--ETFGI, a leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, reported today that assets invested in Active ETFs/ETPs listed globally have increase 44.9% in the first 9 months of the year to reach a new record of US$63.60 Bn at the end of September, according to ETFGI's September 2017 Active ETF and ETP industry insights report an annual paid for research subscription service.
Record levels of assets were reached at the end of September for active ETFs/ETPs listed globally reaching US$63.60 Bn, in the United States at US$40.90 Bn, in Canada at US$10.37 Bn, in Europe at US$8.33 Bn and in Asia Pacific (ex-Japan) at US$3.91 Bn.
Source: ETFGI
