china etfs launch on the lse
With the launch of two ETFs‚ European investors are now able to buy shares in smaller‚ faster-growing Chinese companies.
With the launch of two ETFs‚ European investors are now able to buy shares in smaller‚ faster-growing Chinese companies.
Fund of hedge funds (FoHFs) have registered a ninth consecutive quarter of outflows, with the sector now accounting for an all-time low 32% of total hedge fund assets, according to eVestments latest institutional report.
BlackRock has completed its acquisition of Credit Suisse’s ETF business, with the combined business operating under the iShares brand from today.
BlackRock’s acquisition of Credit Suisse’s ETF business is due to complete by 1 July after being approved by the Office of Fair Trading (OFT).
Alexis Marinof has been appointed as inaugural head of Europe, Middle East and Africa at State Street Global Investors’ ETF platform SPDR as business in the area gains momentum.
BlackRock iShares is launching Europe’s first ETF with an international security structure, with the aim of improving liquidity, easing cross-border ETF processing and lowering transaction costs for investors.
The Office of Fair Trading (OFT) has delayed approval on BlackRock’s acquisition of Credit Suisse’s ETF business for 10 working days, with a view to ending the consideration period on 13 June.
FinEx Group has entered the European exchange-traded fund market with the listing of a Russian Corporate Bond Fund on the London Stock Exchange today.
US investment house First Trust Advisors is to enter the European ETF market with the launch of a new suite of ‘smart passive’ products, the firm announced today.
Credit Suisse and BlackRock have today announced a deal which will see the American giant acquire the Swiss firm’s ETF arm by the end of 2013 – a consolidation 7IM's Peter Sleep said will keep fund charges inflated.
Global funds under management have reached a record $84.1trn and could rise further to $85.2trn by the end of the year, according to TheCityUK’s 2012 fund management report.
Global exchange traded product (ETP) flows reached $43.3bn (£26.7bn) in September, the highest monthly figure since December 2008, according to BlackRock.