Exchange-traded products
Asian hedge fund business may halve
The hedge fund business in Asia is set to shrink by 33-50% in managed assets during the coming year, as fund managers face redemptions and struggle to put on successful trading strategies that do not require significant amounts of leverage.
QFII redemptions rise as crisis spreads
Concern over the health of financial markets has led to "a lot of redemptions" from qualified foreign institutional investor (QFII) bond funds, despite their strong performance versus other China-Hong Kong investment schemes, according to Andrew Fung,…
ProShares releases short and leveraged ETFs tracking commodities, Euro and Yen
ProFunds Group, manager of short and leveraged funds, has launched 12 exchange-traded funds (ETF) providing short or leveraged exposure to commodities, the Euro and the Yen. The ETFs tracking broad commodities and crude oil indexes, as well as the ETFs…
MSCI expands Islamic indexes
Index provider MSCI Barra has extended its Islamic indexes family by expanding its Emerging Markets coverage to include Small Cap components and launching a further 16 frontier market country indexes.
Dow Jones launches Islamic Asean index
Dow Jones Indexes has launched the Dow Jones Islamic Market (DJIM) Asean Index, which is designed to provide exposure to sharia-compliant companies in six of the 10 member states of the Association of Southeast Asian Nations (Asean) including Indonesia,…
New ETF exposes investors to large-cap television index
Northern Trust has listed a new exchange-traded fund (ETF) on the Arca platform of the New York Stock Exchange (NYSE.) The Nets (Northern Exchange traded shares) fund will track the performance of the FTSE CNBC Global 300 Index, which includes 300 stocks…
Nasdaq OMX offers Nordic sustainability
Index provider Nasdaq OMX has launched the OMX GES Sustainability Index, a benchmark index which comprises the 50 leading Nordic-listed sustainability companies. The index criteria are based on international guidelines for environmental, social and…
Db x-trackers delivers commodity ETF
Db x-trackers, the exchange-traded fund arm of Deutsche Bank, has launched its commodity ETF on the London Stock Exchange (LSE) tracking the Deutsche Bank Liquid Commodity Index - Optimum Yield (DBLCI OY Balanced). The db x-trackers DBLCI OY Balanced ETF…
ETF Securities offers commodities equity exposure to UK investors
ETF Securities has cross-listed 13 exchange-traded funds (ETFs) on the London Stock Exchange (LSE) which offer equity exposure to commodity markets as well as US equity market exposure.
MSCI launches Peru and Asia Apex exposure
Index provider MSCI Barra has launched the MSCI All Peru, the Asia Apex Mid Cap 50 and the Asia Apex Small Cap 200 indexes, which are designed to underlie financial instruments such as structured products and ETFs.
DB x-trackers delivers first credit ETFs
DB x-trackers, the exchange-traded fund (ETF) arm of Deutsche Bank, has unveiled the first ETFs on the long and short Markit iTraxx Europe Financials indexes, enabling investors to buy and sell credit protection on senior and subordinated financial debt…
Trades on the rise but volumes suffer in Switzerland
The number of structured product and warrant trades on the Swiss structured product exchange, Scoach broke all previous records in October, despite a 13% fall in the volume of Swiss franc issuance. Exchange-traded funds (ETFs), a separate category from…
Mammoth NYSE product transfer following Amex acquisition
NYSE Arca is set to acquire 662 new exchange-traded products by the end of the year, following the completion of its acquisition of the American Stock Exchange (Amex) in October. The move will increase the platform’s number of products on offer to 1037.
PowerShares to release actively managed US Real Estate ETF
Invesco PowerShares has announced its plan to launch an actively managed US Real Estate exchange-traded fund (ETF) on NYSE Arca in November.
Lyxor to list five ETFs on SGX
Lyxor International Asset Management (Lyxor AM) will launch five exchange-traded funds (ETFs) on the Singapore Stock Exchange (SGX) on November 5, with a focus on Asia and commodities. The Lyxor ETF MSCI Asia Apex 50 will be the first ETF to track the…
Carbon and waste ETFs hit Euronext Paris
EasyETF listed both low carbon and global waste exchange-traded funds (ETFs) on NYSE Euronext today. The EasyETF Low Carbon 100 Europe offers investors exposure to 100 blue-chip European companies that have the smallest carbon footprint relative to their…
Direxion burst into ETF market with eight leveraged ETFs
Direxion, a provider of alternative investment strategies, has entered the exchange-traded fund (ETF) arena with eight leveraged bull and bear ETFs, offering 300% leveraged exposure. The Direxion Shares 3x ETFs provide 300% of the daily performance, or…
Mittel European Reflections
Central and eastern Europe is a huge potential market for structured products and exchange-traded funds. Structured Products' first conference in the region explored commodities, foreign exchange and diverse underlyings, but the most pressing issue was…