ETF Express Newsletter

NEWSLETTER | 24 Sep 2020

This week’s ETF Express newsletter brings you Global X’s Chelsea Rodstrom detailing the apparently unstoppable economic force that is China, pointing out parallels with the US economy which might not be entirely comfortable reading for many. China is set to be the only world economy to have positive growth in 2020.

We also bring you FiCAS’s launch of a cryptocurrency hedge fund in ETP form on SIX Exchange. This ETP will offer the investor access to a discretionary actively managed portfolio based on 15 cryptocurrencies with the potential of going to fiat cash if things get particularly hairy, and all for traditional hedge fund fees of 2 and 20.

Mediobanca’s Vito Antonio Pinto also took time to talk to us about his firm’s adoption of Bloomberg’s Direct Order Routing (DOR) solution for ETFs. Using it has automated the whole trading process for the bank, reducing the time it takes and making them more efficient.

Take a minute to look at the programme for our upcoming etfLIVE North America digital summit. Professional investors go free with added CPD points. Please register here.

Beverly Chandler
Managing Editor, ETF Express

Companies in this issue
Bloomberg
Cabana Asset Management
Cerulli Associates
FiCAS
Global X
HSBC
Invesco
iShares
Mediobanca
RBC

Thu | 24 Sep 2020, 13:50

TrackInsight has published its first Global ETF Survey, supported by IHS Markit and iShares by BlackRock.

Thu | 24 Sep 2020, 13:50

Cerulli Associates latest ETF report, entitled European Exchange-Traded Funds 2020: Adding Variety to Low Costs and Transparency, shows that the future is bright for the ETF market in Europe, with nearly all the ETF issuers surveyed by the firm expecting healthy levels of annual growth in the ETF market over the next two years.

Thu | 24 Sep 2020, 13:50

The manager of the latest Swiss-based cryptocurrency ETP, listed on the SIX Exchange, describes itself as a cryptocurrency hedge fund, offering discretionary, active management of the top 15 cryptocurrencies.

Thu | 24 Sep 2020, 13:50

China’s recovery from Covid-19 has been an extraordinary phenomenon among many strange events over this year, and China is now projected to be the only economy to have positive economic growth in 2020.

Mediobanca puts on speed through introduction of Bloomberg’s DOR

Thu | 24 Sep 2020, 13:50

Italian investment bank Mediobanca recently became the first client to implement Bloomberg’s Direct Order Routing (DOR) solution for ETFs, enabling it to automate their trading process.

Global ETF launches 17-24.09.20

Thu | 24 Sep 2020, 13:50

This week’s new ETF launches includes a suite of five funds from CI Financial’s US affiliate Cabana Asset Management on the NYSE, which are based on the firm’s existing Target Drawdown Professional Series of separately managed accounts (SMAs) and aim to maintain and grow wealth over the long term with drawdown percentages ranging from 5-16 per cent. Elsewhere, RBC iShares added two new funds to its fixed-income line-up, HSBC debuted a sustainable investments fund on Xetra, and Invesco launched the first euro-denominated hybrids bond ETF.