Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itsel
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itsel
By Natalia Gurushina Chief Economist, Emerging Markets Fixed Income Pressures on EM sovereign debt may feel pervasive, but strong fundamentals and credible policies help to keep sovereign spreads in check. Ukraine Debt Restructuring Ukraine made an official request for a 2-year suspension of coupon/principal payments on foreign-currency denominated bonds. The Paris Club of official creditors also issued [...] Read more at ETFtrends.com.
By Jeff Weniger, CFA Head of Equity Strategy We are living through another chapter in the decade-old currency wars — and Japan is winning. After a bold move from ¥103 to ¥138 per dollar in less than two years, suddenly the Japanese yen is at a weakness level not seen since 1998. The yen’s collapse [...] Read more at ETFtrends.com.
By David Schassler Head of Quantitative Investment Solutions The prospect of recession contributed to a decline in commodity prices, but this may have created an attractive entry point for inflation-fighting assets. Are We Heading for a Recession? Yet again, inflation has surprised to the upside. The Consumer Price Index (CPI) was up 1.3% month-over-month and 9.1% [...] Read more at ETFtrends.com.
Equities extended their year-to-date losses during the recent period between selection dates (June 9, 2022 to July 14, 2022, the “Period”) of the BUZZ NextGen AI US Sentiment Leaders Index (the “BUZZ Index” or “Index”). Amid continued elevated levels of inflation, the U.S. Federal Reserve (“Fed”) raised its benchmark rate by 75bps in its most [...] Read more at ETFtrends.com.
Eight billion. That’s what the global population is expected to reach in November, for the first time ever. Even as birth rates are retreating worldwide, couples continue to have babies, and later this year we will be sharing the planet with 8 billion fellow humans, according to a new report by the United Nations Population Fund (UNFPA). [...] Read more at ETFtrends.com.
By Natalia Gurushina Chief Economist, Emerging Markets Fixed Income DM central banks are in a catch up mode, but many EMs are still frontloading hikes, so the policy rate differential between EM and DM is peaking but still substantial. ECB’s Hawkish Liftoff The European central bank (ECB) delivered a hawkish surprise this morning, initiating the first [...] Read more at ETFtrends.com.
Ford Motor Co. has its eyes on the prize, setting plans in motion to ramp up electric vehicle production significantly in the coming years, reported Reuters. To bring its plans of producing 600,000 electric vehicles globally by the end of 2023, the vehicle manufacturer has partnered with Contemporary Amperex (CATL), a major Chinese battery manufacturer, [...] Read more at ETFtrends.com.
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. Read more at ETFtrends.com.
Roxanna Islam, CFA and associate director of research at VettaFi, recently appeared on TD Ameritrade to talk about the sustained growing interest in streaming and gaming and the longer-term trend for the sector with host Oliver Renick. “I think we’re still fighting off some of these broad assumptions, and I would call them misconceptions too, [...] Read more at ETFtrends.com.
With rising rates pushing up the strength of the U.S. dollar, its rise is impacting other currencies. The WSJ Dollar Index rose 8.7% through June, giving it its best first half since 2010. The index went up another 1.4% this month through Thursday. This rally isn’t just affecting currencies in emerging markets — it’s also [...] Read more at ETFtrends.com.
Despite it underperforming broad-based market indexes during the second quarter, investors continued allocating assets to the ARK Fintech Innovation ETF (ARKF) in June. ARKF was ARK Invest’s most popular fund in June, as measured by net inflows, taking in $31 million during the month. Investors are being rewarded, as ARKF is up nearly 6.5% over [...] Read more at ETFtrends.com.
Last week, the euro and dollar reached a virtual parity to the U.S. dollar as global investors fled to the greenback as fears of worldwide economic slowdowns continue to mount. Despite a recent bounce, the euro is still at two-decade lows as inflation, geopolitical tensions, and energy shortages grip the bloc. VettaFi contributor Dan Mika [...] Read more at ETFtrends.com.
Oftentimes, mid-caps are seen as the sweet spot between achieving growth-like gains of small caps and the quality of large caps. Investors who are not privy to the mid-cap arena can always opt for an actively managed strategy if they have reservations. One of the resounding benefits of mid-caps is their performance over the years. [...] Read more at ETFtrends.com.
Given its use cases and current trends, the global demand for lithium will continue to soar. The global lithium-ion battery market size is expected to reach $182.53 billion by 2030 from $48.19 billion in 2022, growing at a CAGR of 18.1% during the period.
Environmental, social, and governance investing is “a big initiative” for Fidelity Investments, according to the firm’s head of ETF management and strategy, Greg Friedman. “We see the trends; our clients are asking for it,” he said. Speaking with VettaFi’s editor-in-chief Lara Crigger for ETF Leaders, powered by the New York Stock Exchange, Friedman explained [...] Read more at ETFtrends.com.
During volatile and bear markets, active domestic equity managers are apparently doing their best work. Analysis by Morningstar shows that 62.9% of U.S. equity funds beat their benchmarks through the end of May. For the category, the average excess return was 1.36%. “It’s not atypical to see success rates between 20% and 40% for certain [...] Read more at ETFtrends.com.
The FlexShares US Quality Low Volatility Index Fund (QLV) is a favored core equity holding for investors looking for the benefits of a quality low volatility strategy. Low volatility investing is an attempt to minimize the fluctuation of the value of an investment over a period of time and is often considered a defensive strategy. [...] Read more at ETFtrends.com.
German energy company RWE and Dutch-Norwegian company SolarDuck have announced a full-scale pilot of floating solar panels in the North Sea. The floating solar parks in the North Sea are a technology that RWE is hoping to deploy globally and is a “new frontier for solar energy,” according to the press release. The floating solar [...] Read more at ETFtrends.com.