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UBS IQ Morningstar Australia Quality ETF

Fund Manager: UBS
Inception Date: Oct 01, 2012

Without a doubt, one of the biggest announcements of 2018 in ETFs has been Australian provider Betashares’ announcement of their partnership with US based fund manager behemoth Legg Mason. Whilst perhaps not a well recognised brand name in Australia, Legg Mason are one of the biggest fund managers in the world, managing close to US $800 billion. To put their size into perspective, a 2017 report showed Legg Mason ranked as the 30th largest fund manager in the world, well ahead of Austr ... [More]

As the Australian ETF market matures, there are only so many traditional index weighted ETFs available for product issuers to target. Whilst there are still a few gaps (where’s the ASX listed FTSE ETF?), we expect new issues of these types of ETFs to further decline. This means ETF issuers need to get more creative in their listings, finding themes, trends and strategies that attract investor funds. One of the most exciting developments in ETFs over the last couple of years has been the ... [More]

BetaShares shareholder buys $13 billion fund manager

Financial Standard - Feb 20, 2018

A significant shareholder in BetaShares has added a $13 billion ETF manager to its growing stable. Korea-based Mirae Asset Global Investments entered a $616 million definitive agreement to purchase 100% of fully diluted shares in New York-based ETF provider Global X. Established in 2008, Global X specialises in robotics and artificial intelligence with about 50 available products and about $12.9 billion in assets under management. The acquisition provides Mirae Asset with an anchor presence in the US for its existing ETF businesses. In addition to BetaShares, Mirae Asset owns Canadian provider Horizons and Asia's Tiger ETF Under the agreement, Global X will continue to operate under its existing brand and no changes will be made to the day-to-day operations of the business. Global X said partnering with Mirae Asset will provide access to the resources of a large global financial institution, enabling it to continue expanding its thematic, income and international ETF solutions and to broaden its distribution capabilities. [More]

ETF manufacturer VanEck has launched a product that screens out market darlings from the US technology sector including Apple, Amazon, Facebook and Google. Many ETFs are pitched as a cheap way of buying into multi-national tech giants at low cost but VanEck's MSCI International Sustainability Equity ETF calls out those companies for having unsustainable business models and failing to meet their obligations as good corporate citizens. VanEck managing director Arian Neiron said the appetite for a more rigid ethical overlay was evident among charities and high net worth investors looking for a product that aligned with their own investment and impact objectives. [More]

In January this year, investment firm BlackRock set an industry record by surpassing the $US6 trillion of assets under management mark. The relentless flow of money into low-cost, easy-to-access investment products has cemented its status as a new financial superpower. The money it manages exceeds the gross domestic product of Japan, the world's third largest economy. But how big is too big? "I don't think there's a line," Geraldine Buckingham, the firm's New York-based head of global strategy, tells The Australian Financial Review. [More]

Time for a good hard look at ETFs

The Australian - Feb 16, 2018

The biggest thing in Australian investment markets last year was the arrival of exchange-traded funds. More than $10 billion simply poured into these low-cost index-based listed funds. Now in the wake of the first serious correction to hit the market since ETFs became popular, a question looms: are they good or bad for the average investor? In common with any new financial product that is greeted with initial enthusiasm, ETFs are now facing an inevitable backlash. In essence there are two factors at play. First, they have evolved from their original proposal as a simple mirror fund that returns whatever the market returns into more complex offerings. [More]

Smart beta to drive ETF market growth

Morningstar - Feb 14, 2018

Investors seeking low-cost investment strategies with well-defined outcomes are flocking to smart beta exchange-traded funds (ETFs), which could account for one-third of all ETFs listed on the Australian Securities Exchange (ASX) by the end of 2018. The Australian ETF market enjoyed record growth last year. As at 31 December 2017, the market capitalisation of the 175 exchange-traded products (ETPs) listed on the ASX had jumped 39 per cent to $35.7 billion compared to 12 months earlier, according to ASX data. ETP flows were the highest on record in 2017 at $7.9 billion. ETFs make up 92 per cent of total ETPs by market capitalisation. Globally, smart beta is the fastest growing segment of the investment management industry, with over 1,200 products listed with US$592 billion of funds invested in smart beta ETFs. [More]

Perennial launches new ETF

Money Management - Feb 14, 2018

Perennial Value Management has announced the launch of its new exchange trade fund (ETF), the elnvest Income Generator Fund, aimed at providing investors with a tax-effective income stream. The investment philosophy behind the new fund would be based on the Perennial Value Shares for Income Trust, which was launched in 2005 and generated an eight per cent per annum gross distribution yield after fees, the firm said. The fund would be run by Stephen Bruce and a team comprising 15 investment professionals with an average of 16 years’ experience managing and analysing Australian shares. [More]

Australian ETF industry reaches all time high

Money Management - Feb 14, 2018

According to the BetaShares Australian ETF Review, the Australian Exchange Traded Fund (ETF) industry grew by nearly $600 million, with total funds under management (FUM) reaching an record high of $36.6 billion. The review said new inflows accounted for 75 per cent of the FUM growth, with asset value appreciation accounting for the remainder. The largest flows were in International Equities, while flows into Australian bonds were also strong despite recent market volatility. [More]

VanEck launches sustainable ETF

Financial Standard - Feb 12, 2018

VanEck is set to launch a global equities ETF on the ASX to meet investors' shifting preferences for sustainable options. The VanEck Vectors MSCI International Sustainable Equity ETF, to list under ticker code ESGI, will invest in international companies using in-depth sustainability criteria. he fund charges management fees of 0.55% per annum and will track the MSCI World ex Australia ex Fossil Fuel Select SRI and Low Carbon Capped Index. The index excludes companies with fossil fuel reserves and high carbon emission; operate in alcohol, gambling, tobacco, military weapons, civilian firearms, nuclear power, adult entertainment and genetically modified organisms. [More]

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