US active managers Dimensional Fund Advisors, with USD514 billion under management, have taken the step into ETF waters with the announcement of the launch of their first ETFs later this year. Their incentive? The ETF Rule whose new measures have encouraged other firms to step into the arena. Read our interview here with Marlena Lee, Head of Investment Solutions at the firm.
An ETF provider right at the heart of the ETF industry and the sectors that have blossomed over recent months is Global X, whose Chief Investment Officer, Jon Maier, reports on the ETFs that attracted USD1.3 billion in last month alone.
Last month actually saw a slight dip in inflows from the strong and record-breaking June according to BlackRock’s figures but gold, of course, did well, breaking every record in July – we have both of these subjects covered in this week’s newsletter.
Bitcoin is on the up, well over 60 per cent this year, and presumably, on the back of that, HANetf’s BTCE has reached USD49 million in AUM in less than two months since its launch.
Finally, let me direct you to our US awards, with nominations pre-selected by Bloomberg, are open for voting. The firm with the most votes wins so do get voting. And we are still working on our etfLIVE North America digital summit – please find the programme here and pre-register your place – professional investors go free.
Beverly Chandler
Managing Editor, ETF Express
Companies in this issue
BlackRock
Dimensional Fund Advisors
Global X
HANetf
Innovator