Net fund flows into global gold ETFs in the first half this year have already surpassed the same period of 2009 during the financial crisis, as Brexit has created more uncertainties in the global economic outlook.
Exchange traded fund provider WisdomTree has launched a Eurozone Quality Dividend Growth Ucits ETF (EGRA) on the London stock exchange.
Despite Brexit, the chief investment officer of Deutsche Bank’s wealth division, Christian Nolting, still sees upside potential for equities in the UK and Europe.
Pictet Asset Management is overweight gold as concerns grow over political risks and the US dollar, said chief strategist Luca Paolini.
After recent oil ETF launches by China’s CSOP and Samsung AM in Hong Kong, Mirae Asset Global Investments has followed with its own product.
Samsung Asset Management has launched Hong Kong’s first leveraged and inverse ETFs.
WisdomTree has launched the US Quality Dividend Growth Ucits ETF and WisdomTree Global Quality Dividend Growth Ucits ETF on the London Stock Exchange.
Emerging markets specialist ZyFin has listed a Turkish sovereign bond Ucits ETF on the London Stock Exchange today.
British professional investors are increasingly drawn in by the cost efficiency, liquidity and income earning potential of ETFs and ETPs, a study commissioned by Source UK Services found.
The passive products are gathering momentum in Asia, which is still in the early stages of ETF adoption, said Deborah Fuhr, managing partner of UK-based research consultancy ETFGI.
Oil’s recent jaunt through $50 a barrel, its highest level since November last year, highlights once again how suddenly things can change, particularly when it comes to the commodities complex.
But Natixis GAM, which conducted the study, believes they may be over-estimating the passive products.
