Amundi nabs UK ETFs head from Blackrock
Ashley Fagan joins after a decade at iShares
Ashley Fagan joins after a decade at iShares
The smart beta Ucits will track the LibertyQ Europe Equity Index
Systematic funds take the emotion out of investing – and that’s for the best, argues Alessandro Laurent, senior investment manager, Seven Investment Management (7IM).
Fidelity International has added two new funds to its quality income-focused exchange traded fund range.
Franklin Templeton Investments has launched a smart beta emerging markets exchange traded fund, which aims to provide higher-risk adjusted returns and lower volatility than the MSCI Emerging Markets Index.
Passive rivals have forced active managers to focus more on fees than ever before. But are active managers biting off more than they can chew by getting into smart beta?
Tilney for Intermediaries is planning the launch a new range of ‘risk graded, low cost multi-asset funds’. In the first quarter of 2017.
Benchmarks are a vital part of the asset management sector. Funds are measured against them, bonuses worked out in relation to them and entire sectors of the industry predicated upon them. But, if recent trends are extrapolated outwards, the days of the benchmark in its current form should be numbered.
Call it symptomatic of the summer lull but, with so much debate centred on cost, genuine product innovation seems to have taken something of a back seat.
In the first half of 2016, investors in Europe have poured in $5.7bn (€5.1bn) into smart beta funds as market capitalisation index trackers saw outflows over the period, according to Morningstar data analysed by ETF provider WisdomTree Europe. Brexit could be one of the reasons for the switch.
Assets invested in smart beta ETFs/ETPs listed globally hit a record $429bn (£330bn, €387bn) at the end of June, according to research and consultancy firm ETFGI.
In an unprecedented move, ERI Scientific Beta, a provider of smart beta indices that is an offshoot of the EDHEC Risk Institute in France, today announced it will offer its mandate clients the option to only pay performance fees.