| | ETFs battle on regardless
It’s not all good news by any means, but a lot of people in the ETF world are quietly enjoying the fact that the sector met a huge period of volatility, long forecasted to be the occasion when ETFs would cause a systemic financial crisis, and sailed relatively safely through.
And here we are a few weeks later, back to launches, with BNY Mellon taking its first step in the water, launching a range of ETFs – a couple of which are completely free. Read our interview with Stephanie Pierce in this week’s newsletter.
DWS came out with its observations that ETFs showed their mettle through the period of financial volatility and Moody’s observed that the only real hint of liquidity issues arose in the fixed income market. Franklin Templeton’s head of capital markets for global ETFs, David Mann, also commented on the fixed income outcome, particularly on the US’s Federal Reserve’s promises to buy up bonds, both directly and through ETFs.
Read our interview with him in which he questions which bond ETFs the Fed might be buying. This is a timely piece with this week’s latest announcement from the Fed’s Chairman Powell that they are battening down the hatches, as they face: “Considerable risks to the economic outlook over the medium term.”
Some good news for ETFs? India likes them – Cerulli Associates reports that assets are growing in the country, backed by support from the regulator and government.
Finally, we have Hartford Funds’ Brian Kraus who urges investors not to forget multi-factor ETFs during this time.
Another great thing not to forget to do is signing up for our almost live digital summit – qualified investment managers can join us for free at etfLIVE Europe which will take place online from 19-21 May. Click here to register.
Beverly Chandler,
Managing Editor, ETF Express
Companies in this issue
BNY Mellon
BlackRock
Cerulli Associates
DWS
Franklin Templeton
Hartford Funds
Lyxor
Moody’s
SCB Asset Management
Solactive
| | | | | | | | | | | | | | | | Solactive and Thai firm produce billionaires’ index and fund | | Fri | 1 May 2020, 13:05 | | German index producer, Solactive, has launched the Solactive US Top Billionaire Investors Index, which it describes as stocks that are leading constituents in the portfolios of investment personages with a longstanding investment track record and success. |
| | | | Don't sleep on multi-factor ETFs | | Fri | 1 May 2020, 13:05 | | Brian Kraus, Head of Investment Consulting, Hartford Funds writes that investors are looking for new opportunities to generate alpha in this volatile market climate, but the potential benefits of multi-factor ETFs should not be ignored. |
| | | | India sees growth in ETF usage | | Fri | 1 May 2020, 13:05 | | Cerulli Associates reports that while actively managed equity funds continue to accumulate flows in India, the local mutual fund industry is seeing increasing activity in the passive segment with the launch of ETFs and index funds. |
| | | | ETFs showed their mettle in recent market volatility, says DWS | | Fri | 1 May 2020, 13:05 | | ETFs proved their resilience through the volatility and, beyond that, acted as instant market access tools, as well as providing price discovery and liquidity for investors, during the recent stressed market scenario, according to a note by DWS’s capital markets team. |
| | | | Market turbulence reveals price of liquidity in fixed income ETFs says Moody’s | | Fri | 1 May 2020, 13:05 | | The latest report from Moody’s Investors Service finds that the March 2020 spate of financial markets volatility demonstrated that ETF performance is governed by its underlying markets. The gap between the price of a fixed income ETF and its net asset value (NAV), which widens during a crisis, is the price of liquidity, the firm says. |
| | | | Global ETF launches 23-30.04.20 | | Fri | 1 May 2020, 13:05 | | The big news in terms of new ETFs this week is the launch by ETF industry giant BNY Mellon of its very first exchange traded funds, a suite of three Morningstar-benchmarked equity ETFs. Elsewhere, Lyxor launched a range of five sustainable investing funds on Xetra and Borse Frankfurt, while BlackRock debuted a new government bonds iShares, also on Xetra and Norse Frankfurt. |
| | | | | | | | | | | | | | | | Copyright © 2020 All Rights Reservered About | Disclaimer Unsubscribe me from the list | | |
|
