The amount of money invested in exchange traded funds (ETFs) last year was $530bn (£430bn) larger than the total invested in the entire global hedge fund industry, according to new data from ETFGI, an independent research and consultancy firm.
Lyxor Asset Management, the European fund manager wholly owned by Societe Generale, has launched what it claims to be the world’s first green bond exchange-traded fund (ETF).
Deutsche Asset Management has launched a range of low cost fixed income exchange traded funds (ETFs) which all use direct physical replication.
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.
Investors kept faith in US equities in January, despite the Trump rally losing steam, according to Morningstar ETF flows data.
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.
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.
European investors have turned positive on emerging market debt again in January after two months of net outflows, reports Blackrock.
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.
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.
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.
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.
