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EWD

Sweden ETF Bucks The Trend

by Eric Dutram on February 10, 2010

Most European equity markets have fallen sharply through the first six weeks of 2010, as worries over an escalating crisis in Greece have spread throughout the region. Both broad-based funds and country-specific ETFs are far in the red: the iShares MSCI EMU Index Fund (EZU) has lost more than 10%, while the MSCI Spain Index Fund (EWP) has shed almost 15%. But one European country has come through the crisis relatively unscathed: Sweden. [click to continue…]

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Thanks to strong economic recoveries in Germany and France, the 16-country euro zone has now officially exited its worst recession in a half century. According to data released on Friday, the euro zone grew by 0.4% in the third quarter, compared with a 0.2% decline in the second quarter. Although the news strengthened hopes of a sustained global recovery, many European economies continue to contract, facing strong headwinds on their recovery track. [click to continue…]

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Over the weekend in Germany, an alliance between the conservative Christian Democratic Union and the pro-business Free Democratic Party claimed a majority in Germany’s lower house of Parliament that could set the stage for slashes to government spending and income taxes. German Chancellor Angela Merkel now has a partner who supports implementing tax cuts, not [...]

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It’s been quite a week for the ETF industry. Last Friday, Van Eck launched its Market Vectors Vietnam ETF (VNM), the first exchange-traded product to offer U.S. investors exposure to Vietnamese equity markets. Now New York-based Global X Management Company has launched the Global X FTSE Nordic 30 ETF (GXF), the first U.S.-listed fund to [...]

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Over the past several months, concerns over the fallout from the massive stimulus plans, rising unemployment, and continued weakness in corporate earnings have left many investors rethinking their allocations to U.S. equities. Once considered an essential element of any portfolio, American stocks have fallen out of favor with some investors who have shifted assets towards [...]

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