ETF Express Newsletter 02.02.24

Vote now!

This week saw the voting open for the 14th outing of the popular ETF Express European ETF awards.
Vote now using this link to support your favourite European ETF service providers and issuers, based on data supplied by Trackinsight.
This week saw Fiona Nicolson talk to Stuart Forbes of Rize ETF and head of ARK Europe about what is happening to the firm post its acquisition. Forbes says: "We are now part of a globally recognised firm with nearly USD30 billion in assets under management. This puts us on a strong financial footing from which we can invest in further building out the European business."
"Our immediate focus is on bringing three of ARK’s flagship products to the European market in Q1 or early Q2. Our ambitions are not limited to Europe: we are considering what we may launch in other regions too."
The ETF Analyst was launched this week – our new column with investment analyst Matt Brazier delving underneath one of the new ETF launches, featured on our pages, in partnership with STOXX, to discover the investment case behind it.
His first outing saw him examining the Green Deal, as represented by HANetf and Societe Generale’s Green Deal ETF (EUGD).
Brazier writes: "The strong representation of capital-intensive utility operators within EUGD is likely to temper returns, but also reduces the risk profile of the ETF. I counted 16 companies operating in the utilities sector within EUGD’s current holdings, roughly a third of the fund."
To all ETF issuers out there, do make sure to send us your ETF launches – we aim to cover all global ETF launches and to always run a ticker so that they can be easily identified.

Beverly Chandler, Managing Editor
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