Bank of Japan Buys $500 Million of ETFs Monday
According to a Marketwatch news release, the Bank of Japan began actively buying exchange-traded funds to support the Tokyo equity market on Monday, setting a new single day record, totaling approximately $500 million dollars (nearly 40 billion yen). Since December, 2010 the Bank of Japan has invested nearly $1 trillion yen in ETFs, with plans to invest [...]
Next ETFs Files for New Line of ETFs
Next ETFs has plans for a new series of ETFs. The issuer is expected to start with a unique US ETF which would track the premier Nikkei 225 Japanese index. The Nikkei 225 Index is a leading Japanese benchmark made up of 225 liquid stocks within the Tokyo Stock Exchange. According to the press release, [...]
Precious Metal ETFs Closely Linked to Automobile Demand
The automobile industry has a major impact on the value of both platinum and palladium ETFs. The precious metals are both used in the manufacturing of catalytic converters within automobiles. The demand for automobiles is down considerably over the past few months, which has put a dent in the recent values of platinum and palladium. [...]
WisdomTree Funds Take a Trip to Mexico
WisdomTree will take nine of its most popular US listed funds across the border to list on Mexican stock exchanges. The move will allow the fund to tap into a growing investment class in Mexico and bring variety to a limited marketplace. WisdomTree’s move comes six years after iShares first moved its funds south of [...]
Shipping ETF Sails Toward an Economic Recovery
Often a leading indicator, shipping companies have outperformed the market in 2010, indicating that the economy is on a long road to recovery. Year-to-date, the Claymore/Delta Global Shipping ETF (SEA: Quote, Profile, Advanced Chart, News) has earned investors a hefty 14.8% return compared to 4.5% for the S&P 500. Demand for global shipping companies is [...]
WisdomTree Plants Roots in Innovative Hedged International ETF
To welcome the New Year, WisdomTree launched the WisdomTree International Hedged Equity ETF (HEDJ: Quote, Profile, Advanced Chart, News) on December 31. The fund will be the first ETF to hedge its own positions against changes in international exchange rates. Investors have long been plagued with the ties to currency movements, as international stocks usually [...]
Limp Currency Funds Revive with a Fresh Investment Infusion
The vitality of currency ETFs was long questioned, as only a few were operating with enough assets to cover expenses. However, investors recently have picked up the pace, investing nearly as much in October as the first nine months of 2009 combined. $548 million was added to currency ETFs in October, pushing the year to [...]
iShares Taps into European and Asian Financial ETFs
In a bid to bring foreign stocks closer to the United States through ETFs, iShares has filed with the SEC to create two new funds dedicated to overseas financial companies. The new funds will be the first of their kind, but will hope to follow in the footsteps of popular US-based financial ETFs trading on [...]
Claymore Taps the Dragon with a New All-Cap China Fund
Reaching into an untapped market in China, Claymore has launched the Claymore/AlphaShares China All-Cap ETF fund (YAO: Quote, Profile, Advanced Chart, News) to offer U.S. investors a gateway into Chinese stocks. The fund will be one of the broadest Chinese ETFs trading in the U.S., featuring a selection of 99 stocks. The Claymore/AlphaShares China All-Cap [...]
ETF Analysts Enthused Over Japanese Election
As Japan exits the monetary policy debacle of the “Lost Decade,” the Democratic Party of Japan won a landslide election, signaling a new chapter for the history books. Many investors believe this event could be a deciding moment for the Japanese economy. The Democratic Party of Japan intends to shift the nation from an infrastructure-led [...]
