ETFs Gaining Marketshare in Asia
According to a recent report published by Citi, ETFs have been clear winners in the Asian markets as savers have been reallocating their wealth. Total assets in ETFs have grown to $60 billion, during a time in which the share of Asian household savings in mutual funds has fallen from 14% to 8%. For original [...]
Hong Kong ETF planned for Chinese Investors
An exchange-traded fund is in the works which will enable mainland Chinese investors to access stocks listed in Hong Kong. Current speculation is that the new ETF will be listed in Shanghai, and will likely access stocks on the Hang Seng index. According to Credit Suisse, the fund would have limited scale initially. See original [...]
Top 10 ETF List — a Latin American Surprise
Precious metals based ETFs provided good returns in 2010 along with other funds that invest in countries like Peru and Colombia. The iShares MSCI Peru ETF (EPU) and the Global X/InterBolsa FTSE Colombia ETF (GXG) invested in these two raw material rich growing economies and offered returns in excess of 52% and 57% respectively. The [...]
China ETFs Fall Over Inflation Concerns
ETFs investing in Chinese equities reached all time low or hovered dangerously close to their 200 day moving average. The fall in prices combined with interest rate hike may imply high losses for investors of these ETFs. iShares FTSE China 25 Index Fund (FXI), with total assets worth $6.8 billion, fell 2.5% and hit a [...]
iShares Introduces the First Philippines ETF
BlackRock, Inc. (NYSE: BLK) today announced that the iShares Exchange Traded Funds (ETFs) business, the world’s largest provider of ETFs, launched three new iShares emerging markets ETFs on the NYSE Arca. The new funds are the iShares MSCI Brazil Small Cap Index Fund (EWZS), iShares MSCI China Small Cap Index Fund (ECNS) and the iShares [...]
New ETF Provides Access to Various Emerging Economies
Investors will now have additional access to many emerging markets through the use of a new ETF issued by Van Eck Global. The new ETF, known as Market Vectors Emerging Markets Local Currency Bond ETF (EMLC), is described in the press release as tracking a “basket of bonds issued in local currencies by emerging market [...]
Chinese Fixed Income ETFs May Be on the Horizon
The demand for global fixed income ETFs in China is growing and Barclays is helping to make a launch of these funds a reality. Though China does not currently allow fund managers to offer this type of ETF, the press release reports that Barclays has signed a memorandum of understanding with the Shanghai Stock Exchange. [...]
New Trade Agreement Set to Propel Taiwan ETF
This week Taiwan and China will be finalizing a major economic pact that will significantly enhance trade between the two countries. As a result, ETFs that track these two markets are projected to reap the benefits. The Economic Cooperation Framework Agreement, which is scheduled to be finalized on Tuesday, will most notably reduce tariffs on [...]
Two Emerging Markets Don’t Reach Next Level
In June of each year, MSCI performs an annual review to declare whether any country up for evaluation will be reclassified to a different market level. MSCI also communicates whether any new countries will be reviewed for the upcoming year. According to the press release, this year’s market classification review had no changes from the previous [...]
One Trust’s Fund of Funds Begins Trading
US One Trust launched on Tuesday a new fund-of-funds, which seeks to provide returns similar to the S&P500 with a global investment perspective. The new fund will invest directly in other exchange-traded funds and be actively-managed. The One Fund (ONEF: Quote, Profile, Advanced Chart, News) will be made up of small, medium, and large firms [...]
