News
Frankfurt-headquartered index provider writes that cash flow is a fundamental metric for evaluating the financial health and resilience of a business.
Crypto ETP provider ETC Group has announced that its flagship product, ETC Group Physical Bitcoin (BTCE), holds a record amount of 25,863 bitcoins and total assets under management at ETC Group have surpassed USD1 billion for the first time since April 2022.
Global launches this week saw Mirae in Hong Kong launching an ETF tracking the Solactive China Little Giant Index, while South Africa saw the first ETF platform from Prescient. We also have First Trust with a buffer ETF and WisdomTree focusing on quality dividends. MVIS also licensed five ESG indices to Fineco.
Five new ETF offerings were launched for the week, each with a distinct value proposition for investors. Detailed below are the respective launches from each asset manager.
Global custodian, BNP Paribas’ Securities Services with USD12.6 trillion in assets under custody, has gone live with ULTUMUS’ COSMOS platform for its UCITs and ICAV equity funds in Ireland.
Coincover, a blockchain protection company, has joined forces with Utila, a crypto operations platform in a move designed to bring together Coincover’s protection solutions and Utila’s secure, non-custodial wallet infrastructure.
Index creator MerQube, a pioneer in technology for next generation index-linked investing, has joined forces with Impact Cubed, a provider of ESG data and investment solutions, to bring bespoke indices, driven by factual ESG impact data, to the USD17 trillion passive investment market.
MarketVector announces the licensing of the MarketVector Bioproduction Tech and Tools ESG Index (MVBIOP), MarketVector Artificial Intelligence ESG Index (MVAI), MarketVector Global Metaverse and e-Games ESG Index (MVMETV), MarketVector Global Clean Energy Transition ESG Index (MVCET ), and MarketVector Japan Quality Tilt ESG Index (MVJPNQ) to underlie five new ESG UCITS ETFs issued by Fineco Asset Management.
WisdomTree has expanded its flagship equity ETF range with the launch of the WisdomTree UK Quality Dividend Growth UCITS ETF (UGRW) on the London Stock Exchange. UGRW, seeks to track the price and yield performance, before fees and expenses, of the WisdomTree UK Quality Dividend Growth Index and has a total expense ratio of 0.29 per cent.
First Trust has announced the launch of the First Trust Cboe Vest U.S. Equity Moderate Buffer UCITS ETF on the London Stock Exchange. The firm writes that the fund is designed to help investors maintain a pre-determined level of 15 per cent downside protection, while also taking advantage of the growth of the S&P 500, up to a cap of 14.04 per cent.
Digital asset investment products saw inflows totalling USD176m last week in a continuation of consecutive weekly inflows that has now lasted eight weeks, according to CoinShares.
Digital asset exchange, Bullish, led by Tom Farley, has announced that it has acquired CoinDesk, the integrated media, events and index platform for the future of finance, from Digital Currency Group (DCG).
CoinShares’ James Butterfill has published a note on the likely impact of the launch of a US bitcoin ETF on the price of bitcoin.
Mirae Asset Global Investments Hong Kong has launched their new China Little Giant ETF that seeks to track the performance of the Solactive China Little Giant Index, which selects 50 innovative Chinese companies designated by the government as “Little Giants”.
Income Research + Management and BondBloxx Investment Management have announced a new partnership, with BondBloxx filing a registration statement for the BondBloxx IR+M Tax-Aware Short Duration ETF, which IR+M will sub-advise.
