Cinthia Murphy

Cinthia Murphy is managing editor of, 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

US Commodity Licenses New Copper Index

SummerHaven Index Management, the Stamford, Conn.-based index provider behind the U.S. Commodity Funds’ broad commodities ETF (NYSEArca: USCI), is again expanding that partnership by licensing its recently launched copper index to the fund provider.

Less than a month ago, U.S. Commodity Funds acquired licenses for SummerHaven’s metals and agriculture benchmarks, in a move the company characterized as an effort to expand its roster of commodities funds beyond single-commodity ETFs.

Features and News

Morgan Stanley To Sell Invesco Stake

Morgan Stanley, one the largest U.S. banks, is selling its 6.7 percent stake in Atlanta-based asset manager Invesco just five months after it acquired it.

The sale of the estimated $700 million stake is an effort to “reallocate capital into the firm’s client-driven, flow businesses,” Morgan Stanley’s President and Chief Executive Officer James Gorman said in a press release.

Features and News

Russell-Axioma Indexes Take On Systemic Risk

Russell Investments, one of the world’s leading index providers, along with risk analysis firm Axioma, launched four new factor-based indexes that take on the issue of systemic risk.

Features and News

JP Morgan To Nix Derivatives In Active ETFs

J.P. Morgan joins a growing number of firms that won’t use derivatives in their ETF strategies.

Features and News

PowerShares Drafts Bank Loan ETF

Invesco PowerShares, the Wheaton, Ill.-based exchange-traded fund firm best known for its PowerShares QQQ ETF (Nasdaq: QQQQ) of the 100 biggest Nasdaq companies, filed papers with the Securities and Exchange Commission to launch an ETF that invests in speculative bank loans.

Features and News

Van Eck Rolls Out Rare Metals ETF

Van Eck launches a rare metals ETF in the latest sign of increased competition in the space.

Features and News

Deutsche Dodges Currencies In Planned ETFs

Deutsche Bank plans equity ETF lineup with currency exposure hedged—a sign of the uncertain times if ever there was one.

Features and News

Russell Global Equity Index Eyes Institutions

Russell Investments, the index and analytics provider, has launched a new global benchmark specifically aimed at institutional investors that meets a growing demand for broader exposure to investable companies around the world.

The Russell World Cap Index essentially invests in U.S. equities from all capitalization tiers as well as in global large-cap-only stocks by combining the U.S. broad-market Russell 3000 Index and the Russell Global ex-Global ex-U.S. Large Cap index into one.

Features and News

Home Prices Disappoint, Case-Shiller Says

Case-Shiller report again shows sluggishness in U.S. housing market.