ETF Express Newsletter

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NEWSLETTER | 6 Nov 2020

This week’s edition of the ETF Express newsletter carries an interview with the UK’s Sparrows Capital, Mark Northway detailing their approach to offering model portfolios, now with added ESG, entirely invested in ETFs and index funds. Asked if ESG is a factor or a filter, Northway says: “Our clear recommendation to an investor is to assume it is a filter. Investors should adopt socially responsible investing for reasons of conscience rather than in expectation of improved performance.”

We also had a conversation with Defiance ETFs’ president, Paul Dellaquila, on the launch of their Spacs ETF SPAK which keeps them up in the innovative, first mover territory that they are most comfortable with. Interest in Spacs shows no sign of falling off and this ETF is designed to give an investor access to this growth area.

Rareview Capital is a firm that focuses on goals-based investment, and Neil Azous, Founder & CIO, explains that this approach lies behind the launch of their first two ETFs, seeking to provide yield from active portfolios based on fixed income closed ended funds.

The Index Industry Association has published its fourth survey of global indices and, again, ESG wins out, with a 40 per cent growth in the number of ESG indices over the year. The association’s CEO Rick Redding comments: “Indices today are sophisticated representations of markets covering a wide spectrum of asset classes and investment themes, and an integral piece of the global investor’s toolkit.”

Beverly Chandler
Managing Editor, ETF Express

Companies in this issue
CIBC Asset Management
Defiance ETFs
DWS
ETFGI

Global X
The Index Industry Association
Rareview Capital
Reflection Asset Management
Scotial Glbal Asset Management
Sparrows Capital

Global ETF assets extend lead over hedge fund assets to USD3.58 trillion

Thu | 5 Nov 2020, 13:34

Assets invested in the global ETFs and ETPs industry extended their lead over global hedge fund industry assets to USD3.58 trillion at the end of Q3 2020, an increase of 18.15 per cent since 2019.

Thu | 5 Nov 2020, 13:34

Stockpiles of gold held by ETFs increased by around 1,003 tonnes this year, compared to a rise of 398.1 tonnes last year. According to Block-Builders.de, the precious metal is popular not least among German investors, with a total of 393.6 tonnes of the gold held in gold ETFs attributable to fund purchases from Germany.

Thu | 5 Nov 2020, 13:34

The Index Industry Association’s (IIA) fourth Annual Benchmark Survey has revealed a 40 per cent growth in the number of indices measuring ESG criteria in the past year, and indexes covering fixed income also saw growth, 7.1 per cent over the last year and close to 15 per cent in the last two years.

Thu | 5 Nov 2020, 13:34

That most fashionable, but potentially volatile, of sectors, Special Purpose Acquisition Companies (SPACs) has seen enormous growth so far this year, with 133 SPACs, which are also known as blank cheque companies, floated in the US, raising USD51.1 billion, nearly four times last year’s volume, and a further 67 waiting to launch, according to Spac Research. Some 80 SPACs raised more than USD32 billion in Q3 2020.

Thu | 5 Nov 2020, 13:34

Sparrows Capital has launched a range of ESG portfolios on its platform-based model portfolio service, SCore MPS, aimed at financial advisers.

Thu | 5 Nov 2020, 13:34

US-based registered investment adviser and ETF issuer, Rareview Capital LLC, is targeting the yield needs of investors with the launch of two ETFs designed to generate a high monthly income. The Rareview Dynamic Fixed Income ETF (RDFI) and the Rareview Tax Advantaged Income ETF (RTAI) seek to combine the traditional benefits of fixed income with the non-traditional advantages of closed-end funds.

Global ETF launches 29.10-05.11.20

Thu | 5 Nov 2020, 13:34

If timing is the key to success then Reflection AM could be on to a winner, at least with the blue ‘half’ of the USA with the launch of its new Democratic Values ETF on election day. Elsewhere, Xtrackers launched a new Japanese equities fund on Xetra, Scotia Global debuted a suite of index tracker funds, and Global X added infrastructure and cleantech funds to Thematic Growth suite.