Cinthia Murphy

Cinthia Murphy is managing editor of ETF.com, specializing in all things ETFs. Her experience includes time at Dow Jones and former BridgeNews, covering commodity futures markets in Chicago and Brazil equities in Sao Paulo. Murphy has a bachelor’s degree in journalism from the University of Missouri-Columbia.

Features and News

SummerHaven, US Commodity In Indexing Pact

U.S. Commodity Funds looks to expand fund offerings using two SummerHaven indexes.

Features and News

Reinvented iShares Chip ETF Goes Live

iShares looks to attract more investors with revamped microchip ETF.

Features and News

Van Eck Debuts First China A-Shares ETF

New Van Eck ETF opens a promising new investment frontier in mainland China.

Features and News

Barclays Debuts Emerging Market Bond Index

Barclays Capital, one of the largest global providers of inflation-linked bond products, is expanding its platform of government inflation-linked bond indexes with the launch of a more liquid version of its flagship inflation-linked emerging markets sovereign debt index.

The Emerging Markets Tradable Government Inflation-Linked Bond Index (EMTIL) is a subset of the company’s Emerging Markets Government Inflation-Linked Bond Index (EMGILB), the first comprehensive local-currency-issued government inflation-linked debt from developing nations first made available to investors in 2007.

The new benchmark strives to be more “tradable” than its parent by investing only in the most liquid bonds included in the larger index, with measures in place to ensure regional diversification, according to the company.

EMTIL adds another wrinkle to an extensive lineup of benchmarks Barclays provides that underscores not only growing investor demand for plays on global inflation trends, but also reflects the market’s enormous appetite for emerging market strategies.

"The EMTIL Index is a logical extension of our leading inflation-linked index family and underscores our commitment to offering index users a complete spectrum of Emerging Markets indices," Waqas Samad, Head of Index, Portfolio and Risk Solutions for Barclays Capital, said in a press release.

"Global debt managers, many of whom are already using Barclays Capital benchmarks for their fixed income assets, will benefit directly from the depth, expertise, and client solutions offered by our growing EM index platform."

EMTIL is a rule-based benchmark comprised of the most liquid local-currency bonds from various emerging markets inflation-linked issuers included in the company’s flagship index. Among them, Brazil, Mexico, Chile, Turkey, South Africa, Poland and South Korea make the list.  The index will be rebalanced annually.

Features and News

Alaska Fund To Use FTSE RAFI Index

The FTSE Group is licensing one of the indexes it manages in collaboration with Rob Arnott’s Research Affiliates to the $35 billion Alaska Permanent Fund Corporation (APFC), which will use the fund for a $1 billion passive allocation to U.S. equities.

Features and News

Russell Adds 5 Large-Cap ETFs To Pipeline

Russell Investments, the index and financial analytics provider, made another push to broaden the scope of its planned roster of equity ETFs by amending its June filing with the Securities and Exchange Commission to include another five ETFs that tap into various pockets of the the large-cap equities space.

The new funds increase to 33 the number of different ETFs Russell plans to launch that target both U.S. and global stocks.

The proposed ETFs will track, through full replication when possible, a series of Russell-Axioma Large Cap indexes that invest in U.S. large-cap stocks honing in on variables such as volatility, beta and momentum. Large-cap strategies have garnered significant investor interest in recent weeks, as investors look for steady returns, often in the form of dependable dividends, in a sluggish economy.

The company didn’t disclose how much it will charge investors. The funds and their proposed tickers are:

  • Russell 1000 Low Beta ETF (NYSEArca: LBTA)
  • Russell 1000 High Beta ETF (NYSEArca: HBTA)
  • Russell 1000 Low Volatility ETF (NYSEArca: LVOL)
  • Russell 1000 High Volatility ETF (NYSEArca: HVOL)
  • Russell 1000 High Momentum ETF (NYSEArca: HMTM)

 

The Tacoma, Wash.-based company, whose ETF arm is located in San Francisco, might be a latecomer to ETFs, but its push has been characterized by a comprehensive offering of equity funds.

Russell Investment Management Co. is the adviser of the funds.

Features and News

DENT Dumps US, Bets On Gold

Predicting storm clouds ahead, DENT sheds
U.S. stocks and hunkers down in gold and other commodities.