Back when I first started blogging about exchange-traded funds (ETFs), institutional use was pretty sparse and limited to handful of products. However, that picture has changed markedly over the last few years—institutional use has grown exponentially and the spectrum of products they’re turning to is also shifting, with greater attention on fixed income ETFs for liquid access.
Waiting for a rate hike? According to the folks at Bloomberg nine of the 10 biggest exchange-traded fund losers in the U.S. debt market were those following a strategy of betting against Treasuries.
A new report by the International Monetary Fund puts the regulatory spotlight on exchange-traded funds and mutual funds. This time, however, the IMF isn’t pointing simply to issues such as leverage or technology -- it’s cutting to the very heart of what ETFs offer investors: liquidity.
In Canada, mutual funds still trump exchange-traded funds (ETFs) when it comes to assets, but in the U.S. last week, investors pulled money out of mutual funds while ETFs saw big inflows.
The 2015 ETF Summit covered the tools and strategies being used by Canadian institutional investors today. Here are my top five take-aways.
The Healthcare of Ontario Pension Plan reported its strongest return in decades, ending 2014 up 17.71%, with net assets topping $60.8 billion and a funded status of 115% up from 114%.
Strong funded status means benefit improvements.
The debate over leveraged and inverse exchange-traded funds (ETFs) continues. A team of academics has come up with new evidence that perhaps these ETFs do ramp up end-of-day volatility—and that the effects can be detrimental to investors, particularly in the real estate sector.
An exclusive conversation with the influential financial author on how not to be fooled by randomness
Burton Malkiel and Kal Ghayur debate the ins and outs of factor indexes