Bringing you live news and features since 2006 

VelocityShares to launch additional volatility-related ETNs

RELATED TOPICS​

Janus Capital Group has launched three Volatility-Strategy exchange traded notes (ETNs) under its VelocityShares brand – the VelocityShares VIX Variable Long/Short ETN (LSVX), VelocityShares VIX Tail Risk ETN (BSWN) and VelocityShares VIX Short Volatility Hedged ETN (XIVH). 

The Volatility-Strategy ETNs use a systematic approach to investing in VIX futures that has a net long or net short volatility position that varies due to daily changes in the volatility market. 
 
“These products are the result of our experience in developing sophisticated exchange traded products (ETPs) for institutional investors that seek to use volatility as a component of their portfolios,” says Nick Cherney, senior vice president and head of ETPs at Janus Capital Group.
 
“The products allow sophisticated investors to implement volatility strategies without the need to actively trade underlying positions on a daily basis,” says Steve Quinn, head of ETP distribution at Janus Capital Group. 
 
The new Volatility-Strategy ETNs are being issued by UBS. The underlying indices of the ETNs have been published since 2011.
 
The Volatility-Strategy ETNs are the first ETNs to launch since Janus acquired VS Holdings, the parent company of VelocityShares, in November 2014. The ETNs are the first UBS issued products launched by Janus Capital. 
 
Janus’ exchange traded products business is approximately USD3.3 billion in assets across 18 investment products as of 31 March 2016. 

Latest News

HSBC Asset Management’s (HSBC AM) ETF and Indexing business has passed USD100 billion in assets under management (AUM), reflecting its..
Amundi’s ETF Market Flows Analysis for April reveals that investors added EUR54.1 billion to global ETFs in April with equities..
VanEck has reached USD10 billion in assets under management in Europe for the first time in April 2024...
Global index revenues increased 9.3 per cent in 2023, totalling a record USD5.8 billion, according to a benchmark study published..

Related Articles

Dan Miller, IQ-EQ
With just over a week to go till T+1 settlement begins in North America, Canada and Mexico, time is of...
Emily Spurling, Nasdaq
Last October’s ETF Express US Awards 2023 found Nasdaq winning Best Index Provider – ESG ETFs and Best Index Provider...
Vinit Srivistava, MerQube
Index provider, MerQube, launched in 2019, with the aim of providing a “technology-driven answer to the most complex, rules-based investment...
Sean O' Hara
Pacer ETFs has announced the launch of three Cash Cows UCITS ETFs. The firm writes that this will give European...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by