The ETF 'Gold Rush'
The evolving ETF space
ETFs remain an attractive proposition for investors. New geographies and asset classes can be accessed through ETFs, enlarging a portfolio's exposure. However, there are plenty of risks – one of them being liquidity risk. Moreover, new technologies are transforming the landscape in unprecedented ways. Read some of the latest insights on this market sector below.
The Importance Of Index Design In Thematic Investing (Qontigo)
Thematic ETFs have grown in importance in recent years. However, investors also need to pay attention to how their benchmarks are designed.
Australian ETF Review: May 2023 (BetaShares)
For compliance reasons, this paper is only accessible in certain geographies
The Australian ETF market remains volatile, but flows towards these products have been improving this year.
Why Digital Tokenization Is A Priority For The ETF Industry (State Street)
Asset managers, including hedge funds, mutual funds and ETF managers are moving closer to trading tokenized versions of shares in their funds on blockchain.
The Great Yield Reset: Bond ETFs and a Generational Opportunity (BlackRock)
For compliance reasons, this paper is only accessible in certain geographies
Bond ETFs are becoming more relevant for allocators seeking to re-position their portfolios during these times of uncertainty and volatility.
ETFs In Insurance General Accounts 2023 (S&P Dow Jones Indices)
As of year-end 2022, U.S. insurance companies invested USD 36.6 billion in ETFs. This represented only a fraction of the USD 6.5 trillion in U.S. ETF AUM.
What are the Best Times for ETF Investors to Trade? (Alpha Architect)
The authors analyze the effect of time of day on the average bid/ask spread of an ETF by examining a cross-section of 55,781 intraday spread observations.
Liquidity Buffers and Open-end Investment Funds (ECB)
Investors cannot redeem ETF shares as they would redeem shares of open-end funds, instead needing to sell in the secondary market. This can lead to specific risks.
European Fund Flow Report: May 2023 (Refinitiv)
Recent data shows that European ETFs have seen an increase in flows from allocators seeking exposure to the region's markets and asset classes.
Can ChatGPT Personalize Index Funds’ Voting Decisions?
How will ChatGPT impact index funds' voting decisions? This question leverages a greater concern for investors: the broader impact of AI on asset ownership.
Shining A Light On Opening Auctions When Trading ETFs (Vanguard)
For compliance reasons, this paper is only accessible in certain geographies
When it comes to trading ETFs, the opening price can be dictated by the volume in the auction rather than the price of the underlying securities that make up the ETF.
A Primary Market Primer: How Bond ETF Units Are Created And Redeemed (LGIM)
For compliance reasons, this paper is only accessible in certain geographies
This article dives into the important topic of liquidity, explaining some of the processes that enable fixed income ETFs to trade efficiently.