By Veronica Zhang Deputy Portfolio Manager, Environmental Sustainability We outline the environmental themes we are watching in 2023 and which companies provide exposure to them. After a volatile end to 2022, a few themes stand out to us for 2023: Onshoring or “nearshoring” and the Inflation Reduction Act (IRA)-fueled manufacturing buildout. The transition for green metals [...]
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Luxury goods retailers could be headed for a strong Valentine’s sales season if estimates prove accurate. According to the National Retail Federation (NRF), consumer spending in the U.S. may reach as high as $25.9 billion this year on Valentine’s Day gifts ranging from gold jewelry to clothes to fine chocolates. That would make 2023 the [...]
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By Jan van Eck Chief Executive Officer As ESG enters the political realm, it’s not a question of “if” we should have policies that restrict the voting shares of fund companies, but “which one.” “The politicization of American investing just reached a new low,” states Eric Pan, head of mutual fund and ETF industry organization [...]
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Active ETFs have become increasingly popular with investors and advisors over the past couple of years as strong demand has driven a growing supply, according to Tim Coyne, head of ETFs at T. Rowe Price. “Active ETFs are really starting to grow and become a more prominent part of the market,” Coyne said. “There’s a [...]
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To learn more about Main Management and how some of our strategies could help you with your investment needs, please contact Darol Ryan, our Head of Sales and National Accounts, at ryan@mainmgt.com. Also check out Main Management CEO Kim Arthur on Twitter and Main Management on LinkedIn.
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Reopenings are a key theme this year, but not all economic restarts are created equal. Yes, China’s reopening and unwinding of its “zero-COVID” rules will have a significant impact on global markets. But rampant COVID deaths, political risk, and a lagging real estate sector have ensured that Chinese markets are no sure thing. That said, [...]
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Yields for U.S. corporate high yield debt have dropped while prices have climbed, suggesting that investors are counting on the Federal Reserve to be able to bring down inflation without triggering a recession. Yields on U.S. junk bonds were trading at an average of 8.03% as of Thursday, according to Ice Data Services. That’s down [...]
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Fresh off Exchange wrapping up earlier this week, VettaFi head of research Todd Rosenbluth appeared on “Countdown With Claman” on Fox Business News to discuss the importance of doing your homework when picking out funds and how subtle differences among indexes could make similar funds perform in divergent fashions. The exercise began with Rosenbluth introducing [...]
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Dimensional Fund Advisors (DFA), the largest sub-$100 billion ETF issuer according to VettaFi’s ETF Issuer League Table, has ridden 2019’s ETF rule and a series of mutual fund conversions to a successful run over the last few years. Speaking at the Exchange ETFs conference in Miami, DFA’s head of ETF capital markets Nicole Hunter and [...]
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By Michael Contopoulos Director of Fixed Income According to Bloomberg, January was a record month for investment grade (IG) corporate bond ETF flows as the credit hype machine went into overdrive. As a result, the amount investors are being compensated for the additional risk relative to US Treasury bonds (known as credit spreads) has declined [...]
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It may not be Ross and Rachel, but this year does have a pretty big “will they or won’t they” dynamic going between the Fed and a possible recession. Recession is one of the biggest concerns on investors’ minds this year, according to VettaFi’s advisor engagement surveys, which certainly builds the case for a recession-resistant [...]
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One of the reoccurring arguments against investing along climate principles is that doing so comes at the cost of returns, but the KraneShares Global Carbon Transformation ETF (KGHG) continues to challenge that narrative. The carbon transition-focused ETF offered significant return outperformance in the second half of 2022 and is continuing that performance into this year. [...]
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By Andrew Poreda & Emma Harper The consideration of ESG issues has become an essential component for investors to both manage risk and identify future investment opportunities. A recent Moody’s report highlighted that a quarter of credit ratings would be different if not for the integration of ESG factors, and nearly 30% of issuers are [...]
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Active REIT ETFs are a strong choice for 2023 as they started the year off on a high note, outpacing broader markets. Large drawdowns in global REIT’s performance last year have led to higher future return potential. Real estate, in its various forms, historically has provided a hedge against inflation and rising interest rates. REITs [...]
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The WisdomTree U.S. MidCap Fund ETF is seeing unusually high volume in afternoon trading Friday, with over 334,000 shares traded versus three month average volume of about 42,000. Shares of EZM were off about 0.1% on the day.
In trading on Friday, the First Trust Nasdaq Oil & Gas ETF is outperforming other ETFs, up about 3.4% on the day. Components of that ETF showing particular strength include shares of Kosmos Energy, up about 5.8% and shares of Murphy Oil, up about 5.2% on the day.
Direct indexing can provide some additional advantages to investors that are not available in a regular index fund, panelists at Exchange: An ETF Experience argued. Among the biggest advantages include opportunities for customization and tax-loss harvesting. As Ben Hammer, head of client development for Vanguard Personalized Indexing explained it, direct indexing is an individual account [...]
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In trading on Friday, shares of the iShares 1-5 Year Investment Grade Corporate Bond ETF (Symbol: IGSB) crossed below their 200 day moving average of $50.23, changing hands as low as $50.22 per share. iShares 1-5 Year Investment Grade Corporate Bond shares are currently tradin
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the BBMC ETF (Symbol: BBMC) where we have detected an approximate $155.4 million dollar inflow -- that's a 10.9% increase week over week in outstanding
In trading on Friday, shares of the Vanguard Intermediate-Term Corporate Bond ETF (Symbol: VCIT) crossed below their 200 day moving average of $79.29, changing hands as low as $79.26 per share. Vanguard Intermediate-Term Corporate Bond shares are currently trading down about 0