ETF Express Newsletter

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NEWSLETTER | 18 Dec 2020

This week’s newsletter brings you the story behind the Church of England’s move into the index world, actively fighting climate change, and the expectation of an ETF to go with it.

Adam Matthews, Director of Ethics & Engagement at the Church of England Pensions Board and Co-Chair Transition Pathway Initiative says: “There is a lot of interest because the index embeds that forward looking TPI analysis of company commitments. It really distinguishes this is an evolution of indices with embedded factors that look forward and that is really appealing to people.”

We also take a look at conversions, this week, in this case, the rise in the number of US firms converting their mutual funds or separately managed accounts into ETFs – the driver is simple. ETFs come in cheaper, more transparent and more liquid. Conversion gives a 27 per cent cut in the management fee, Marlena Lee of Dimensional tells us.

We also have two new ETF launches from ETF veteran Gabriel Hammond’s new issuer, Emles Advisors – a luxury shopping one, just in time for the holidays, and one that seeks to offer capital protection in difficult markets.

And all the November data is coming in and telling us that in this most extraordinary of years, ETF assets are on record breaking form. Amundi sees optimism in the markets from the vaccine news, and Refinitiv reports European ETFs alone saw USD16.9 billion over November.

Finally, do put down that mince pie or fairy light for just one second and vote in the ETF Express European Awards 2021.

And thank you to Alexandra Levis and the team at Arro Financial Communications for the ETF badge that sits very nicely in these Christmas decorations.

The ETF Express team thanks everyone for their support over 2020, and wishes you all happy holidays. We'll resume business as usual on Monday 4 January, but but we will continue to update our website with the most important industry news during the holiday period.

Beverly Chandler
Managing Editor, ETF Express

Companies in this issue
6 Meridian
Adasina Social Capital
Amundi
Cabana Asset Management
The Church of England
Dimensional Fund Advisors
Emles Advisors
ETFGI
First Trust
HSBC
Innovator Capital Management
ProShares
Refinitiv
TrimTabs
Tuttle Tactical Management
Vanguard

Global ETF/ ETP assets reach a new record of USD7.62tn at the end of November 2020

Thu | 17 Dec 2020, 14:04

Assets invested in ETFs and ETPs listed globally reached new records of USD7.62 trillion and net inflows reached a new record of USD670.57 billion at the end of November.

Thu | 17 Dec 2020, 14:04

2020 has been the year in which the UK’s Church of England went into the index business, with the January launch on the London Stock Exchange of the FTSE-TPI Climate Transition Index.

Emles launches two new ETFs

Thu | 17 Dec 2020, 14:04

Gabriel Hammond’s brand new ETF provider, Emles Advisors, has launched two new ETFs, the Emles Protective Allocation ETF (DEFN) and, just in time for holiday shopping, the Emles Luxury Goods ETF (LUXE).

Conversions create ETF giants

Thu | 17 Dec 2020, 14:04

There has been quite the conversion outbreak in the ETF world in the latter half of this year, with a number of US-based asset managers converting their existing funds into ETFs.

Thu | 17 Dec 2020, 14:04

The Lipper team at Refinitiv reports that for November, ETF promoters in Europe experienced estimated net inflows of EUR16.9 billion for November.

Vaccine optimism boosts global ETF inflows, says Amundi

Thu | 17 Dec 2020, 14:04

Reporting on global ETF flows in November, Amundi notes that positive vaccine news and the resultant optimism about the end of the Covid-19 crisis boosted global ETF in-flows to EUR122.5 billion in November − almost three times higher than in October at EUR42.7 billion.

Global ETF launches 10-17.12.20

Thu | 17 Dec 2020, 14:04

A bumper week for new ETF launches includes a couple of unusual funds, including a new 'social justice' ETF from Adasina Capital, and Tuttle Tactical Management's latest offering which aims to provide access to Special Purpose Acquisition Companies or SPACs, normally the preserve of institutional investors. The week's other newcomers include a new corporate bonds from from Tabula, a new ETF from HSBC GAM focused on the largest technology companies from the Greater China region, and a suite of eight active funds from Vanguard allowing investors to invest in an actively managed portfolio of equity and fixed income ETFs.