Massachusetts regulators sent subpoenas to four brokerage firms on Friday asking about their sales practices relating to inverse and leveraged exchange traded funds weeks after Edward D. Jones, Ameriprise, LPL and UBS restricting the sale of the products or stopped selling them altogether.
Investors bought more exchange traded funds in the first half of this year than in the comparable time period in 2008, according to Strategic Insight Mutual Fund Research and Consulting LLC.
The Commodity Futures Trading Commission is mulling setting position limits on physical commodities and is questioning whether swaps dealers should remain exempt from position limits.
At least three brokerage firms have decided not to sell leveraged exchange traded funds a month after the Financial Industry Regulatory Authority Inc. warned brokers that they “typically are unsuitable for retail investors” who hold them longer than a day.
A top index provider is considering offering its own lineup of exchange traded funds, but just what those funds would look like is a mystery.
The reputation of exchange traded products that give investors access to commodities took a hit this month when one of the largest exchange traded commodities pools — the $3.61 billion U.S. Natural Gas Fund LP (UNG) — was forced to stop issuing new shares.
On paper, the case for investing in natural gas is straightforward: It is a clean, largely domestic fuel now selling at 74% below its peak price of a year ago.
Charles Schwab Investment Management Inc. has filed papers with the Securities and Exchange Commission to offer nine exchange traded funds.
Russell Investments today signed an agreement with Jadwa Investments of Riyadh, Saudi Arabia, to launch the Russell-Jadwa Indexes.
Barclays iShares yesterday launched the first ETF listed in the United States that is concentrated on markets in Peru.
A new iShares that is more heavily involved in actively managed exchange traded funds will likely emerge as the company changes hands, though some say it might be late to the party.
Make way for the 1,600-pound gorilla in the money management industry.
Barclays Global Investors North Asia Ltd. announced today that iShares, the firm’s exchange traded fund unit, has expanded its Asia management team.
The ETFs are the RP Growth ETF, RP Focused Large Cap Growth ETF, RP Technology ETF, and RP Financials ETF. They are expected to carry a 0.89% expense ratio, and begin trading on Sept. 1.
ProShare Advisors LLC is extending its dominance of the leveraged exchange traded funds market with the launch of four strategies, the company announced today.
Pacific Investment Management Co. LLC today launched its first exchange traded fund and filed with the Securities and Exchange Commission to offer six more.
Actively managed exchange traded funds are finally starting to trickle into the market.
Investors poured money into equity mutual funds, including exchange traded funds, in April in a reversal from the previous month, when those funds experienced net outflows, according to a report released yesterday by Financial Research Corp. of Boston.
