5446 results found
First Trust Announces Changes on First Trust Taiwan AlphaDEX® Fund
News,
… First Trust Exchange-Traded AlphaDEX ® Fund II, have voted to approve a new investment objective for the Fund. The Fund’s new investment objective will be to seek investment results that correspond generally to the … an equity index called the NIFTY 50 Equal Weight Index. In addition, the Fund will change its name to First Trust India …
Pacer ETFs Crosses $2 Billion AUM Threshold
News,
… passive, rules-based strategies, announced a major milestone in less than three years since launch. “We’re very excited to have crossed the $2 billion mark in under three years. Our rapid growth rate is due, in part, to our unique series of ETFs, the Pacer Trendpilot® Series, …
ROBO Global announced primary listing venue change for the ROBO Global Robotics & Automation ETF
News,
… listing venue change for the ROBO Global Robotics & Automation ETF o ROBO Global announced its plans to change the primary listing venue for the ROBO Global Robotics & Automation ETF (ROBO) from Nasdaq to NYSE Arca. o The ROBO …
Malaysian regulator may issue robo adviser licences by mid-year Asia Asset Management
News,
… Securities Commission Malaysia (SC) may award its first batch of … robo advisory licences by the middle of the year, according to financial technology (fintech) sources. The robo advisory … fund business incorporates innovative technologies into discretionary portfolio management services. It allows …
Borsa Italiana welcomed an ETF issued by First Trust
News,
… Borsa Italiana has welcomed the First Trust Indxx Innovative Transaction & Process … which seeks investment results that correspond generally to the price and yield (before the Fund's fees and expenses) … investing in, developing, or have products that are poised to benefit from blockchain technology. The index seeks to …
FCA to launch asset management Mifid probe
News,
… The UK financial regulator is to begin a review of the EU rules that changed how asset … the cost of research from transaction charges and trading commissions, a process known as unbundling. The move was …
Mirae Asset Expands ETF Business with Completion of Global X Acquisition
News,
… Mirae Asset Global Investments today announced that it has completed the previously announced acquisition of Global X … partnering with Mirae Asset, Global X gains access to the resources and reach of a large, global financial …
Index weighting makes Saudi Arabia hard to ignore
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… While a number of managers already have exposure to Saudi Arabia, they expect the country will receive more attention following its promotion by MSCI Inc. to its Emerging Markets index. The country's expected 2.6% weighting in the MSCI EMI "is big enough to make sure most funds don't ignore Saudi as they did …
Amazon a prime threat to fund managers, analysts warn
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… A move by the tech giant Amazon into selling mutual funds would spark a price war that could … further, analysts have warned. Amazon is “well-placed” to move into selling funds to retail investors, said … up robo-advisory services, the analysts wrote, as Chinese e-commerce giant Alibaba has already done. Robo-advisers …
Wilshire Launches Two New Broad Market Target Income Indices
News,
… services, investment products and technology solutions, today announced the launch of two new target income indices, the Wilshire TargetIncome 5% Plus Index and … Treasury +2% Plus Index. The indices have been licensed to New York-based ETF provider Global X funds as the …