ETFs – Page 7
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Special Report
Liquidity & Implementation: A cost comparison: futures versus ETFs
In this article, we use a cost comparison framework to contrast index futures (CME Group’s E-mini S&P 500 index futures) and three popular US-listed exchange-traded funds (ETFs) tracking the same index – SPY, VOO and IVV.
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Special Report
ETFs for ESG: Corporate governance for passive investors in Japanese equities
The Japanese economy has been experiencing significant and positive change since the election of Prime Minister Shinzo Abe in 2012. After a sustained period of economic stagnation, Japan’s return to growth is being fuelled by Abe’s transformative economic policies.
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Special Report
Innovation: What could disrupt ETFs?
Over the last two decades, exchange-traded funds (ETFs) have been one of the most disruptive forces in the asset management industry. But could the tables be turned? In an era of excitement over the possibilities of financial technology (fintech), are ETFs vulnerable to being displaced themselves?
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Special Report
Focus on Fixed Income: Do fixed income ETFs distort the market?
In this article, which is an excerpt from a recent State Street Global Advisors publication, we address one of the key misconceptions about fixed income (bond) ETFs – namely, that they have become so large that they are distorting the underlying bond market. Instead, we argue, despite their recent growth, fixed income ETFs represent a relatively small proportion of the world’s debt markets.
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Special Report
ETFs for ESG: Gender equality ETFs gain a foothold
Can a new category of ETFs help address one of the oldest economic imbalances of all?
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Special Report
ETFs for ESG: Why passive makes sense for ESG
ESG investing – the incorporation of environmental, social and governance (ESG) factors into investment criteria – has grown rapidly in recent years.
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Special Report
ETFs for ESG: Sustainable investing is here to stay
Sustainable investing was once viewed as a trade-off between value and ‘values’. Yet today, it’s something investors can no longer afford to ignore.
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Special Report
Liquidity & Implementation: Woodford fallout renews focus on ETF risks
The recent suspension of redemptions from Neil Woodford’s Equity Income fund is a cautionary tale and one that has further sharpened the spotlight on the liquidity of mutual funds, a category that includes exchange-traded funds (ETFs).
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Special Report
Focus on Fixed Income: The rise and rise of fixed income ETFs
When ETFs first broke up the active management party in the fallout of the financial crisis, it was equity funds that bore the brunt of the impact.
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Special Report
Focus on Fixed Income: ETFs: the natural home for fixed income
In recent years, fixed income ETFs have been grabbing a larger slice of the ETF market as investors look to capitalise on the enhanced diversification, tradeability, price transparency and liquidity they can provide to bond portfolios. According to the latest research by Citi Business Advisory Services, fixed income ETF assets have increased at a robust 25% annual compound growth rate over the last decade, hitting more than $870bn by the end of 2018.
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Special Report
Liquidity & Implementation: The shifting sands of index provision
As ETFs are created to track ever more specialised market exposures, competitive pressures and new regulations are impacting the complex relationships between asset managers and index providers.
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News
Varma ploughs €200m into ESG-themed ETF
Former senior AP2 and AP3 staff to sit on a five-person board to decide on exclusions for the Legal & General fund
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News
Dutch schemes cut back tracker holdings to comply with ESG policy
The collective DC schemes for ING and NN plan to reduce their exposure to trackers such as exchange-traded funds in order to avoid investing in excluded companies
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NewsIlmarinen backs BlackRock US ESG exchange-traded fund with €750m
Finnish pension insurer co-developed the ETF as part of a shift towards responsible investments in its €47bn portfolio
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News
Chart of the Week: Institutions pump money into ETFs
Allocations to exchange-traded funds grew dramatically in 2018, according to Greenwich Associates
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Special Report
Implementation: Five myths about ETFs debunked
Over the years, exchange-traded funds (ETFs) have attracted their fair share of criticism from market participants, regulators and investors
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Special ReportImplementation: The future is active
While passive ETFs continue to dominate flows, active ETFs are one of the factors that will drive further growth in the sector
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Special Report
The market: M&A activity in European ETFs
The European ETF industry is still relatively youthful compared with its US counterpart, but already there have been significant mergers and acquisitions
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Special Report
Factor investing & smart beta: Advances in factor-based fixed income indices
Global fixed income investors have benefited from a long bull market that began in the early 1990s
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Special ReportFactor investing & smart beta: What’s in a name?
Many smart beta ETFs are bought with the expectation of long-term market outperformance. The factors that many are based on have been proven both academically and empirically to produce excess returns





