IndexIQ, the firm behind a suite of hedge fund replication ETFs and small cap country-specific funds, notched another first for the ETF industry on Thursday. The IQ Japan Mid Cap ETF (RSUN) will seek to replicate an index that consists of about 100 mid cap Japanese stocks. The weighted average market capitalization of the companies that make up the index will be approximately $3 billion. [click to continue…]
Despite continued uncertainty over the health of global markets and skyrocketing crude prices, equity markets managed to post relatively strong performances during the last week. These gains were largely the result of broad improvement across the market but especially positive outlooks in the technology, materials, and consumer goods sectors. The few losers over the past [...]
IndexIQ, the firm known for pioneering the hedge fund replication ETF space, recently made an SEC filing detailing plans for close to a dozen new funds targeting international equity markets. The filing was light on details such as ticker symbols or expense ratios, but highlighted the investment objectives for the innovative funds:
Brazil has become one of the most popular investment destinations in recent years, as U.S. investors have begun to question their “home country bias” and tilt portfolios more heavily towards the fast-growing emerging markets. Once upon a time, options for exposure to Brazil were somewhat limited; most mutual funds and some of the first ETFs [...]
There is no denying that the ETF boom is in full swing, as billions of dollars continue to flow into the industry every month despite a difficult economic environment. As individual investors and advisors alike become more informed on the nuances and potential benefits of ETFs, usage has surged. Part of the impressive surge in [...]
Today marks another development in the emerging market ETF boom; Global X, the New York-based firm that burst on to the ETF scene with sector-specific China ETFs, is now tackling the Brazilian market. Two weeks after debuting the Brazil Mid Cap ETF (BRAZ), Global X announced today the launch of the Brazil Consumer ETF (BRAQ). [...]
Investors hoping to coast through the summer months learned early in June that a summer slowdown wasn’t in the cards. Trading volumes remained elevated throughout the month, and volatility continued its impressive climb higher. With the latest developments out of Europe continuing to ripple through the global economy and fresh concerns about the best approach [...]
Global X, the NewYork-based ETF issuer perhaps best known for its sector-specific China ETFs, bulked up its international product lineup today with the launch of the Brazil Mid Cap ETF (BRAZ). The new fund will track the Solactive Brazil Mid Cap Index, a benchmark designed to reflect the performance mid-market capitalization companies that are domiciled [...]