European robo-adviser ETFmatic to target IFAs
The chief executive of fledging robo-adviser ETFmatic has said the company is looking to target the IFA market as it continues to expand across Europe.
ETF
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Investors keep pouring money into US equity ETFs
Investors kept faith in US equities in January, despite the Trump rally losing steam, according to Morningstar ETF flows data.
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iShares European ETF first to top $20bn
Blackrock’s iShares Core S&P 500 Ucits ETF has become the first European ETF to top $20bn (£16.1bn, €18.9bn) in assets, coinciding with new highs in the S&P 500 index as the reflation trade continues.
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Morgan Stanley pays $8m to settle ETF investment charges
Morgan Stanley has agreed to pay $8m (£6.4m, €7.5m) and admit wrongdoing to settle charges that it did not ensure clients understood the risks associated with buying inverse exchange-traded funds (ETFs) the firm recommended.
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European investors pile into EM debt
European investors have turned positive on emerging market debt again in January after two months of net outflows, reports Blackrock.
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New commodity tracker fund sees record inflows
A new Ucits exchange-traded fund (ETF), which tracks the Bloomberg Commodity Index (BCOM), has become the fastest growing European tracker fund in the last five years, according to its promoter Source UK Services.
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Passive investments set to overtake actives by 2024, says Moody’s
Assets held in passive investments will represent more than 50% of the US market in four to seven years’ time, with the growth rate in Asia expected to increase, according to a Moody’s report.
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Europe’s ETF market hits record but sales growth slows
The European ETF market hit a new record in terms of total funds under management last year though the flow of money in the asset class slowed from the record levels of 2015, according to new data from Thomson Reuters Lipper.
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Asia Pacific ETF assets lag other regions despite record year
Asia Pacific ex-Japan ETF/ETP assets hit a record high of $135bn (£110bn, €127bn) in 2016, but still only account for 4% of the industry’s global assets, according to ETFGI.
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China’s robo-advisers struggle to attract investors
The biggest challenge for robo-advisers in China is convincing people to take a long-term view on passive investing, says Frank Wang, managing director at Creditease Wealth Management.
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Pimco fined $20m for misleading investors on active ETF
Investment manager Pimco has been fined nearly $20m (£15.9m, €18.9m) by the US Securities and Exchange Commission (SEC) for misleading investors about the performance of its actively managed Total Return ETF.
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Northstar unveils index linked range with capital protection
Bermuda-based Northstar Financial Services has launched an S&P 500 index-linked product which will carry a 100% capital return guarantee.