Americas ETP News
If your looking for specific news, using the search function will narrow down the results
Mirae Asset Management- Latin America Equity Market Outlook
February 28, 2013--The fragile global economic backdrop is likely to cause continued volatility for Latin American equities into the first quarter of 2013. We do not currently subscribe, however, to a scenario of rupture within the euro zone or a collapse in U.S. growth due to a failure to negotiate the fiscal cliff.
The developed world is undergoing a prolonged phase of structural deleveraging, both at the household and at the sovereign level. As a result, the emerging world will remain the driver of global output, led by China, with positive implications for Latin America, a key trading partner.
Brazilian earnings revisions are bottoming, Mexico is undergoing significant structural reform and the Andean markets are set for another year of robust growth. Argentina stands out as the region’s only major highrisk economy.
In the current environment of low global economic and earnings visibility, companies delivering stable earnings growth and reliable cash generation are likely to command a rising premium. Falling yields in U.S. Treasury, Gilt and Bund markets will increasingly force asset allocators toward higher risk assets, including equities, and we expect this search for yield to result in rising premiums for dividend-paying blue chips with strong balance sheets. Latin American income properties, airports and toll roads fall into this category.
view more
Source: Mirae Asset Management
U.S. ETF prices come to Canada
Ultra-cheap ETFs have arrived.
February 28, 2013--It's been a few years since we've had a good old-fashioned gas-price war at the pumps. But most of us can still remember the vehicle lineups.
Some car owners even filled Jerry cans to squeeze every last ounce of value from the temporarily depressed fuel costs. A few bucks saved on a couple tanks of gas is one thing; but that’s peanuts compared to what you could save during the price war now raging at an investment brokerage near you. It’s a marvel what a little competition can do for a marketplace.
view more
Source: Canadian Business
U.S. Department of the Treasury TIC Annual and Benchmark Surveys Update
February 28, 2013--The preliminary data from the annual survey on Foreign Portfolio Holdings of U.S. Securities at End-June 2012 are available, along with the Press Release, dated February 28, 2013.
view more
Source: US Department of the Treasury
First Trust Launches First Trust High Yield Long/Short ETF
Actively Managed High-Yield ETF Utilizes Investment Strategy to Seek Enhanced Returns in Various Market Conditions While Potentially Mitigating Interest-Rate Risk
February 28. 2013--First Trust Advisors L.P. ("First Trust"), a provider of more than 200 investment products, many of which offer transparency, tax efficiency and a rules-based approach to stock selection, has launched a new actively managed exchange-traded fund ("ETF"), the First Trust High Yield Long/Short ETF (NASDAQ: HYLS).
The First Trust High Yield Long/Short ETF (“the Fund”) seeks to provide current income by investing primarily in a diversified portfolio of below-investment-grade or unrated high-yield debt securities, including U.S. and non-U.S. corporate debt obligations, bank loans and convertible bonds. Its secondary objective is to generate capital appreciation. Since the historical correlation of performance between high-yield securities and traditional fixed-income, including investment-grade corporate bonds and Treasury securities, is low, First Trust believes the addition of high-yield securities to a well-diversified portfolio has the potential to enhance overall return and provide diversification benefits while potentially decreasing portfolio volatility.
view more
ProShares Launches Listed Private Equity ETF "Private equity has long been a staple of institutional and high-net-worth individuals' portfolios; for other investors, it's been difficult to access," said Michael L. Sapir, Chairman and CEO of ProShare Advisors LLC, ProShares' investment advisor. "PEX offers access to global private equity with the liquidity, transparency and cost effectiveness of an ETF." view more WealthManagement.com Survey: Advisors Still Uneasy About ETFs view more U.S. ETF prices come to Canada view more Horizons ETFs Announces Unit Consolidation
Unit Consolidation
After the TSX has closed for trading on Tuesday, March 12, 2013, the units of the ETF will be consolidated on the basis of the ratio (the "Consolidation Ratio") set out
view more FTSE and TMX Datalinx create new global fixed income index business: FTSE TMX Debt Capital Markets read more
Horizons ETFs Launches Broad Commodity Index ETF view more
Source: First Trust
Private Equity Publicly Available Through an ETF
February 28, 2013--ProShares, a premier provider of alternative ETFs, today announced the launch of ProShares Global Listed Private Equity ETF (BATS: PEX).
PEX is the first globally diversified ETF focused on companies that invest primarily in private enterprises.
Source: Proshares
Despite the dramatic growth of ETFs, many advisors still don't use them and don't understand them, a new WealthManagement.com survey found.
February 28, 2013--Exchanged traded products like exchange traded notes and exchange traded funds are one of the fastest growing investment vehicles in the market, both in terms of assets and number of products.
Globally, assets in ETFs and ETPs reached an all-time high of $2.05 trillion at the end of January, according to ETFGI, a London-based research and consultancy firm. There are currently 4,766 different exchange traded products in the market.
Source: Wealth Management.com
Ultra-cheap ETFs have arrived
February 28, 2013--It's been a few years since we've had a good old-fashioned gas-price war at the pumps.
But most of us can still remember the vehicle lineups. Some car owners even filled Jerry cans to squeeze every last ounce of value from the temporarily depressed fuel costs. A few bucks saved on a couple tanks of gas is one thing; but that’s peanuts compared to what you could save during the price war now raging at an investment brokerage near you. It’s a marvel what a little competition can do for a marketplace.
Source: Canadian Business
February 27, 2013--Horizons Exchange Traded Funds Inc. ("Horizons ETFs") and its affiliate Horizons ETFs Management (Canada) Inc., the manager and trustee of the Horizons BetaPro S&P 500 VIX Short-Term Futures(TM) Bull Plus ETF (the "ETF"), listed on the Toronto Stock Exchange ("TSX") under the symbol HVU, has announced today that it intends to consolidate
the units of the ETF, as indicated below:
Source: Horizons Exchange Traded Funds
FTSE TMX Debt Capital Markets will be one of the leading global fixed income ETF index providers
Will combine TMX Datalinx's fixed income index business, PC-Bond, with FTSE's existing international fixed income business
February 27, 2013--FTSE Group ("FTSE"), part of London Stock Exchange Group ("LSEG"), and TMX Group today announce that they have signed a definitive agreement to combine their fixed income index businesses in a new joint venture.
FTSE TMX Debt Capital Markets will be the third largest fixed income exchange traded fund (ETF) index provider globally. Together these indices are used as benchmarks for more than C$1 trillion in fixed income assets.
Source: London Stock Exchange
February 26, 2013--Horizons Exchange Traded Funds Inc. ("Horizons ETFs") and its affiliate AlphaPro Management Inc. ("AlphaPro") are pleased to announce the launch of the Horizons Auspice Broad Commodity Index ETF ("HBR"), an innovative alternative strategy ETF that offers investors diversified, tactical long exposure to up to 12 different commodity futures in the energy, metals and agricultural sectors.
HBR is designed to track, before fees and expenses, the Auspice Broad Commodity Excess Return Index (the "Auspice Index"), hedged to the Canadian dollar. The Auspice Index is a commodity futures based index developed by Calgary-based Auspice Capital Advisors Ltd. ("Auspice"). Auspice is a leader in the design and execution of systematic commodity trading strategies in Canada, and a seasoned manager of commodity risk.
Source: Horizons Exchange Traded Funds
