Henderson Global Investors launches Pan European Dividend Income Fund
Henderson has further extended its equity dividend offering, with the launch today of the Henderson Horizon Pan European Dividend Income Fund. The fund will be managed by Nick Sheridan, who also manages the Henderson Horizon Euroland (...)
Amundi ETF continues to innovate in Europe providing yield through an Investment Grade Corporate Bonds exposure
Amundi adds to its Fixed Income ETF range by launching the first ETF in Europe to offer exposure to the Markit iBoxx EUR Liquid Corporates BBB Top 60 index. This innovative ETF, listed today on Euronext, will then be cross-listed on the major European stock (...)
Nomura launches Nomura Quantam SolCap® Europe Fund
The investment objective of the fund is to offer clients long only exposure to the DJ EuroStoxx 50® Total Return index with reduced tail risk. Offered in euro format, the fund allows investors to gain exposure to European equities, capturing upside while reducing equity (...)
Deutsche Asset & Wealth Management launches USD corporate bond ETF
Deutsche Asset & Wealth Management (Deutsche AWM) has launched an ETF that provides exposure to the US dollar-denominated liquid corporate bond market.db x-trackers Barclays USD Corporate Bond UCITS ETF (DR) tracks the Barclays USD Liquid Investment Grade Corporate (...)
Barclays Launches Shiller Barclays US REIT Value Index
REITs are investment vehicles in real estate that are available to many investors and are commonly traded on major stock exchanges. They derive most of their revenue from ownership or financing of rental properties, such as apartment building, hotels and shopping (...)
BofA Merrill Lynch October Fund Manager Survey shows global investor risk-aversion growing as cash allocations increase to near-15-year highs
Cash levels jumped from 5.5% in September to 5.8% this month. Investors’ average cash balance was last this high in July 2016 (post-Brexit vote) and in Fall 2001.
Nervousness rose last week as investors continued to prepare for a December Fed hike - increasingly likely - and ahead of the US elections. US rates, the dollar and breakevens progressed, while equities dropped (...)
European ETF Market flows slowed down in September 2016
Net New Assets (NNA) during this month amounted to EUR2.0bn, significantly below the year to date average of EUR3.2bn. Total Assets under Management are up 7% vs. the end of 2015, reaching EUR480bn, and including a market impact of (...)
Merger Arbitrage Expected to Continue Its Climb in Q4
As the third quarter came to an end, it is time to take some perspective. The summer lull fuelled risk assets after a turbulent first half (MSCI World +4.5% in Q3) and hedge funds benefitted from it. Strategies with higher betas outperformed, such as L/S Equity and (...)
According to BofA Merrill Lynch Global Research report, fund flows data reveal that inflows into high-grade funds have slowed down over the past few weeks. Chart 1 indicates that the four-week average trend has decelerated to its lowest point since (...)