Latest News
State Street research finds majority of EMEA investors rate the ETF as the most significant investing innovation of their lifetime
State Street Global Advisors, the asset management business of State Street Corporation, has launched the findings from the State Street Global Advisors ETF Impact Survey, a global study looking at investor attitudes and perceptions about ETFs as well as sentiment towards markets and macroeconomic drivers in the US, APAC and EMEA regions.
Amundi launches Euro Corporate Bond PAB UCITS ETF
French-headquartered asset manager Amundi has launched a Euro Corporate Bond ETF tracking a PAB (Paris-Aligned Benchmark) index.
BNY Mellon expands outsourced trading to buy-side clients
BNY Mellon has launched an outsourced trading offering for buy-side institutions globally, including asset managers and asset owners.
Metaverse proving to be next big trend in Europe according to Cerulli
The metaverse looks set to emerge as a fast-growing trend in the European fund sector as virtual reality and the next iteration of the internet take off, according to the latest issue of The Cerulli Edge—European Monthly Product Trends.
CI Global Asset Management launches Minimum Downside Volatility ETFs
CI Global Asset Management has announced that CI Global Minimum Downside Volatility Index ETF and CI U.S. Minimum Downside Volatility Index ETF have begun trading on the Toronto Stock Exchange under the tickers CGDV, CGDV.B, CUDV and CUDV.B.
Panagram launches actively managed CLO ETF
Panagram Structured Asset Management, a USD13.5 billion credit asset manager and a subsidiary of Eldridge, has launched its first ETF: Panagram BBB-B CLO ETF (NYSE: CLOZ).
First Trust expands its Target Outcome ETFs line-up
First Trust Advisors has launched the Moderate Buffer ETF Series of Target Outcome ETFs: the FT Cboe Vest U.S. Equity Moderate Buffer ETF – January (Cboe: GJAN). The firm writes that the fund is the latest addition to First Trust’s suite of Buffer ETFs, which has over USD7.8 billion in total net assets for the product line as of 12/30/22 and is among the fastest growing in the outcome-oriented ETFs space.
Franklin Templeton to convert Franklin Focused Growth Mutual Fund to an ETF
Franklin Templeton is to convert its USD68 million Franklin Focused Growth mutual fund to an ETF for US investors. The conversion, which is subject to shareholder approval, is expected to be effective in the fourth calendar quarter of 2023. If approved, this will be the firm’s third mutual fund-to-ETF conversion.
Hargreaves Lansdown research finds passive funds dominated in 2022
During a challenging year for investors in 2022 Hargreaves Lansdown fund analysts examined how active UK and US fund managers performed against their passive peers.
VanEck’s Foster comments on the 2022 gold market
VanEck’s Joe Foster, Portfolio Manager, Gold Strategy comments that in 2022 the gold price finished with of loss of just USD5.18. “While gold ended nearly unchanged, the year was far from calm, with prices dropping USD450 from highs to lows before returning to its starting point,” Foster writes. “Gold saw a maximum drawdown of 11.3 per cent but finished with just a 0.3 per cent loss, which was a very respectable result, given the 18.1 per cent loss for the S&P 500 Index and 64.3 per cent loss for bitcoin.”
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