ETFs started March on a high note, as major indexes gained over 1% for the week. This increase came after a job market report saw the unemployment rate hold steady, slightly exceeding expectations. Industrials and technology stocks were some of the best performers as 1,000 jobs were added to the American manufacturing industry and Apple reached an all-time high in share price. Below, we offer our picks for the week’s most important and interesting ETF stories from around the Web: [click to continue…]
ProShares, a leading provider of inverse and leveraged ETFs, has filed for approval on seven addition ETFs, including four “ultra” international ETFs and three products focusing on a popular regional bank index. The international ETFs complement four existing 200% inverse products, and include: [click to continue…]
Investing in emerging and frontier markets can often help investors to diversify equity holdings and provide exposure to growth opportunities not available in advanced economies. But with any opportunity for big gains often comes significant risk, including the potential for political instability, currency revaluation, and government intervention in the private sector. There’s also the issue [...]
BlackRock’s acquisition of Barclays Global Investors and iShares seemingly went off without a hitch earlier this month. But certain actions required by terms of the deal have proven difficult to wrap up, resulting in a dozen iShares funds now operating under interim investment advisory agreements and potentially closing down.
Score one for Goliath. Three weeks after Global X announced that it would launch the first ETF investing exclusively in Peruvian equities, iShares beat its much smaller rival to the punch, launching the MSCI All Peru Capped Index Fund (EPU). EPU, which has an expense ratio of 0.63%, provides investors with an opportunity to invest in [...]
Barclays Global Investors announced Thursday it has agreed to purchase the Naftrac ETF program from Mexico’s development bank Nacional Financiera. Terms of the deal were not immediately disclosed. Daniel Gamba, chief executive for Latin America and the Carribean of Barclays Global Investors said the company is looking to expand its presence in the region, both through additional [...]
