November was a huge month for exchange-traded funds as assets flowed in at record levels. But amid all the good news, investors appeared to give up on China as China-listed funds experienced a third month of outflows.
The rising cost of derivatives has many institutional investors turning elsewhere for ways to hedge—and exchange-traded funds are on the list of alternatives for some.
The Securities and Exchange Commission has approved a new exchange-traded mutual fund. But what does this mean for transparency, something institutional investors love about their exchange-traded funds?
After a decade of neglect, Canadian innovation needs capital says OMERS' Ruffolo.
Depending on which data set you look at, October was either a great month or a decidedly spooky one, where Canada-listed exchange-traded funds experienced outflows in a month that was positive on a global basis. But there were a few bright spots.
Transparency—along with liquidity and low fees—is one of a trio of exchange-traded fund (ETF) advantages often touted by their manufacturers. And the U.S. Securities and Exchange Commission aims to keep it that way, at least for now. Last week, the U.S. regulator rejected a proposal by BlackRock to launch a non-transparent ETF. The question is, what now?
A new research paper addresses the critics of leveraged exchange-traded funds (ETFs) by pointing out that they ignore the effects of capital flows on ETF rebalancing demand. The authors demonstrate that capital flows can either increase or decrease ETF rebalancing demand because those flows alter the size of the ETF.
Taleb to speak at 20th anniversary of the Global Investment Conference.
Star power can make a lot of money in Hollywood, but it can be toxic in the investment industry. That message came across loud and clear the other week when superstar investor Bill Gross left the firm he founded to go to a competitor. One interesting development that has come along with Gross’s departure has been where investors are choosing to put their money—exchange-traded funds, which have experienced a big bump in assets.
As Canadian institutional investors embrace fixed income exchange-traded funds, they need to be aware of where the liquidity is coming from - and what it means for performance.