Vanguard led all ETF issuers in cash inflows last year, thanks in no small part to a shift among investors towards the most cost-efficient ETF options. Now the company is lowering expenses on six of its international equity ETFs, reflecting greater efficiencies realized in the form of asset growth and operating cost reductions. The ETFs impacted by the expense ratio reduction include: [click to continue…]
Old Mutual Global Index Trackers, a South Africa-based division of asset Manager Old Mutual, launched three new ETFs on Tuesday, bringing the number of funds in its product line to five. The new ETFs include:
The reasons for the rise of the ETF industry are numerous: intraday liquidity, (potentially) superior tax efficiency, and enhanced transparency relative to traditional actively-managed mutual funds have all contributed to the billions of dollars of inflows that these funds have seen in recent years. But the real attraction for most ETF investors is the reduced [...]
After decades of flying high and shrugging off crises around the world, U.S. equity markets have fallen on some tough times. The epicenter of the mortgage crisis that evolved into a global recession has scared away many investors away from the U.S. markets, afraid that the worst is yet to come and that the “glory days” [...]
Old Mutual has filed a registration statement for five new ETFs, each of which tracks an index maintained by the FTSE group. Old Mutual, founded in 1845 in South Africa, provides long-term savings solutions, asset management services, and general insurance services in 38 countries worldwide. The new ETFs include:
