Bringing you live news and features since 2006 

S&P comments on concern over too many ETFs

RELATED TOPICS​

Todd Rosenbluth, head of mutual fund and ETF research at S&P Global Market Intelligence, has commented on the age old issue of whether investors in ETFs should be concerned that there just too many offerings. 

Rosenbluth cites Investment Company Institute data, noting that ETFs have gathered USD246 billion in new money from September 30, 2015 to August 17, 2016, while mutual funds had USD191 billion of net outflows.  ETFs are winning apparently, in the quest for investor interest.
 
S&P Global Market Intelligence has research on 219 ETFs that launched since the end of August 2015 and is aware of filings from asset managers such as Fidelity to bring more to market, Rosenbluth says. “Many of the new ETFs and mutual funds have so far failed to gather interest from investors. In particular, many ETF providers rolled out currency hedged versions of their existing global or international equity products.”
 
The problem with ETFs with limited asset bases and trading volume is that they can have wide bid/ask spreads. Rosenbluth writes: “But if the dollar again is pressured, such products may resonate with investors seeking downside protection.”

Latest News

EFAMA has published its latest Monthly Statistical Release for May 2024...
Solactive writes that it has expanded its collaboration with Kiwoom Asset Management by providing the underlying indices to the KIWOOM..
MSCI has announced the launch of MSCI Private Capital Indexes, writing that with growing investor interest in private markets, high..
Matteo Greco, Research Analyst at Fineqia International, writes that bitcoin (BTC) ended the week at approximately USD68,150, marking a 12.1..

Related Articles

Scott Kefer, VictoryEx Capital Holdings
Bailey McCann writes that active ETFs are capturing investor interest, according to the latest data from Morningstar, which finds that...
Chris Lo, Columbia Threadneedle
In a recent insight on India by Columbia Threadneedle Investments, the firm reports that the country’s economic reforms, which aim...
With an election on the horizon in the United States a group of ETFs is poised to capture investments on...
Robot worker
Qraft Technologies, based in South Korea, specialises in the use of AI in security selection and portfolio construction....
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