US funds giant BlackRock said its iShares business had seen $130bn of new inflows during 2015 as strong retail and institutional demand drove the global exchange traded funds (ETFs) to post a record annual increase of $347bn.
The Qatar Financial Centre (QFC) Regulatory Authority has introduced a new set of Islamic banking regulations and a revised set of its Conduct of Business rules to boost the Gulf nation’s appeal to financial businesses and investors.
Deutsche Asset & Wealth Management has launched its first strategic beta sovereign bond exchange-traded fund (ETF).
Vanguard has launched its first range of active ETFs as it seeks to extend its presence in Europe into active funds.
ETF provider Source has appointed Legal & General Investment Management as manager for a new physical fund platform, Source Markets II Plc.
In anticipation of a Fed rate hike, institutional investors have withdrawn $1bn from their emerging market debt holdings in the past two weeks, according to data collated by the International Institute of Finance.
While some have been keen to pronounce platforms to be ‘dead’ providers do not seem willing to throw in the towel and have launched a counter-attack.
Hong Kong’s advisory body for developing financial services said action must be taken to stop the city from being overtaken by other jurisdictions as a centre for exchange-traded funds.
Deutsche Asset & Wealth Management has launched an ETF that offers exposure to the US dollar-denominated liquid corporate bond market.
The pace of inflows into index-trackers shows no sign of abating. With still three months to go this year, ETFs listed in Europe have already surpassed the previous inflows record set in 2014.
HSBC Global Asset Management has halved the fees on three of its main developed market tracker funds, joining a growing list of ETF providers cutting charges.
While money market ETFs are losing their attractiveness due to near zero interest rates in most parts of the world, they are popular in China as the recent stock rout has investors turning to fixed-income products for safety.
