JPM’s Copper ETF Opposed By Copper Merchants

New York, May 24 (Finance Enquiry.com) – A group of copper users have registered their opposition with the  Securities and Exchange Commission to JP Morgan Chase & Co’s  (NYSE: JPM) proposal of copper ETF. In a letter addressed to SEC, dated May 9, Vandenberg & Feliu, a New...

Barclays Floats Three iPath ETNs On Toronto Stock Exchange

New York, April 17 (FinanceEnquiry.com) – Barclays Bank has rolled out two volatility-linked iPath ETNs and one commodity linked iPath ETN on the Toronto Stock Exchange. These are the first ETNs to be listed locally on an exchange in Canada. The notes offer investors access to USD-denominated indices...

iShares S&P 500 Crosses USD10 Billion In AUM In Europe

New York, April 12 (FinanceEnquiry.com) – Ten years after its launch, the iShares S&P 500 fund has topped $10 billion in assets under management in Europe. Presently, the fund is the third largest exchange-traded fund (ETF) in Europe and the most traded European ETF with exposure to the US equity...

US ETP’s AUM Falls 0.9%, Flows Continue To Be Positive

New York, April 11 (FinanceEnquiry.com) – According to the figures released by Deutsche Bank, the US exchange-traded product (ETP) assets worth $10.4 billion were pulled-back. Negative equity markets and less-than-average inflows were the reasons for the pull back. The assets under management of ETPs...

APAC ETPs Report USD664 Billion Outflows In March

New York, April 10 (FinanceEnquiry.com) – The market of Asia-Pacific exchange-traded products (APAC ETPs) posted monthly cash outflows of $664 million for the month of March. This brought the year-to-date cash flows to less than $385 million, according to the figures released by Deutsche Bank. Before...

S&P Capital IQ: Equity ETFs May Witness Higher Highs

New York, April 10 (FinanceEnquiry.com) – Analysts warn that the equities market is ripe for a correction, although US equities and stock ETFs have reached their highs. These equity ETFs may see even higher highs, once the markets fall from their highs, as per S&P Capital IQ. The S&P 500...

New Legislation To Exclude Passive Investors From Commodity Markets

New York, April 9 (FinanceEnquiry.com) – A rule is being drafted by a US senator that would ban commodity index funds and ETFs, due to concerns regarding the rising oil and gasoline prices, as per a report. These passively managed vehicles are believed to be responsible for the price increase, which...

Lower-Than-Expected Jobs Data Affects Stock ETFs

New York, April 9 (FinanceEnquiry.com) – Weaker-than-expected jobs data reported by the Labor Department has knocked down stock ETFs. Nearly 120,000 jobs were created by the US economy in March, the department revealed on Friday. Last Thursday, the DJIA closed lower than its 20-day SMA for only the...

iShares To Roll Out Two New ETFs

New York, April 6 (FinanceEnquiry.com) – BlackRock’s (NYSE: BLK) iShares unit, which is the world’s largest ETF sponsor, will soon list its third and fourth ETFs on the BATS Exchange. The iShares Global High Yield Corporate Bond Fund will follow the Markit iBoxx Global Developed Markets...

Commerzbank (CBK) Floats 12 ETNs On Xetra

New York, March 27 (FinanceEnquiry.com) – Commerzbank AG (ETR: CBK) has launched its twelve new exchange-traded notes (ETNs) on Xetra. These funds have been tradable on the stock exchange since Monday. The new ETNs keep the track of both the positive and the reverse performance of the SGX Nikkei 225...

Lyxor Adds Four Lyxor Commodtiy Index Funds On Xetra

New York, March 27 (FinanceEnquiry.com) – Lyxor has rolled out four new commodity index exchange-traded funds (ETFs). These new products, which have been tradable on Xetra since Monday, track the strategy indices in the commodities sector. The Lyxor ETF Broad Commodities Momentum TR focuses on a...

Direxion Floats NASDAQ-100 Equal Weighted ETF

New York, March 23 (FinanceEnquiry.com) – Direxion has boosted its lineup of exchange-traded funds (ETFs) with the launch of the Direxion NASDAQ-100 Equal Weighted Index Shares. The ETF offers a wide diversification and exposure to investors to the holdings that include the NASDAQ-100 index. Presently,...