ETF Report

 ETFs: Transforming European Regulatory Structures

Six months ago, STOXX, in conjunction with Merrill Lynch and the Deutsche Börse, launched Europe’s first ETF.

ETF Report

 Fine-tuning regional indices

While many exchanges have existing indices upon which they can base an ETF, some are seeking out the services of specialist index providers to help them fine-tune their products.

ETF Report

 NSCC Moves to Enhance ETF Capabilities

The National Securities Clearing Corp Index Share Service is a pioneer in providing services to enable effective and timely processing of exchange traded funds.

ETF Report

 Misunderstood ETFs: debunking some common myths

As with any novel product or concept, misconceptions will flourish. Exchange-traded funds are no exception. Although they have been around since 1993 when the American Stock Exchange introduced the Spider, an investment vehicle that tracks the S&P 500 and trades intraday, ETFs have only recently achieved limited recognition among the investing public.

ETF Report

 Setting the Stage for Actively Traded ETFs

Exchange-traded funds have caught on fast, expanding from $33 billion in December 1999 in assets on the American Stock Exchange to more than $50 billion in September this year.

Journal Of Indexes

J.P. Morgan's European Credit Approach

J.P. Morgan Securities Ltd. launched an index for European credit default swaps,
known as the ECSI, on March 1.

Journal Of Indexes

Swapping Your Way Into European Credits

J.P. Morgan has introduced an index of credit exposure to Europe based on credit swaps. It is intended to solve a difficult problem for traditional bond investors: How to build a balanced investment in the European fixed-income market. It achieves much broader diversification than existing credit indexes that track outstanding bond issuance. The principle may be applicable to other credit markets.

Journal Of Indexes

Dealing With The Active

Granted that active managers cost more for many reasons than passive managers and on average have performed worse, what can you do about it?