Asian region-related exchange traded funds are a cheap play for global bargain hunters as valuations for Asia’s equity markets dipped for a third consecutive month in June, touching their lowest level since the start of the COVID-19 pandemic. According to Refinitiv data, the MSCI Asia-Pacific index’s forward 12-month price-to-earnings ratio was at 12.1 as of [...] Read more at ETFtrends.com.
Christopher Waller, a member of the Federal Reserve Board of Governors, is supportive of another 0.75% interest rate increase at the July central bank meeting to aggressively fight inflation, reported the Wall Street Journal. Following the July meeting, the Fed isn’t set to meet again until September. Waller has indicated that a 0.50% rate increase [...] Read more at ETFtrends.com.
VettaFi’s vice chairman Tom Lydon discussed the KFA Mount Lucas Index Strategy ETF (KMLM) on this week’s “ETF of the Week” podcast with Chuck Jaffe of “Money Life.” Managed futures have historically been a strategy utilized by hedge funds but there are an increasing number of ETFs that have brought the strategy to the lower [...] Read more at ETFtrends.com.
China country-specific exchange traded funds climbed Thursday on plans to allow local governments to sell special bonds in the second half of the year to bolster infrastructure funding and stimulate a beleaguered economy. On Thursday, the iShares MSCI China ETF (NASDAQ: MCHI) advanced 2.5%, the KraneShares Bosera MSCI China A Share ETF (KBA) rose 1.7%, [...] Read more at ETFtrends.com.
Inflation and the Fed’s Response Took Center Stage; Markets Now Fear Inflation and Recession We believe continued high inflation readings in the second quarter of 2022 put the Federal Reserve (Fed) in a precarious position; they can either let inflation damage the economy or get more aggressive with monetary policy and potentially put the economy [...] Read more at ETFtrends.com.
United Kingdom country-related exchange traded funds strengthened Thursday after Boris Johnson announced his resignation as British prime minister, ending the latest round of political uncertainty gripping the country. On Thursday, the iShares MSCI United Kingdom ETF (EWU) increased 1.1%, First Trust United Kingdom AlphaDEX Fund (FKU) jumped 1.7%, and iShares MSCI United Kingdom Small-Cap ETF [...] Read more at ETFtrends.com.
Former WisdomTree executive Michael Barrer has joined Matthews Asia as vice president and head of ETF capital markets. In this new role, Barrer serves as the primary relationship manager for all capital markets relationships and partners with the firm’s portfolio management, portfolio strategy, operations, and distribution teams to support the firm’s ETF initiatives. The hiring [...] Read more at ETFtrends.com.
Read the highlights of this week’s commentary from Helios: Personal income rose 0.5% in May, matching economist expectations, though Personal Spending only rose 0.2%, short of the 0.4% expectation, perhaps another signal, along with retail sales, that price increases are starting to take their toll. ISM’s Manufacturing Index for June remained in expansionary territory (above [...] Read more at ETFtrends.com.
Bloomberg recently released their Bloomberg Green’s Electric Car Ratings that ranked the top electric vehicles in the U.S. for 2022, with Tesla having every one of its models included in the top 10. The rankings are based on the Bloomberg Green rating, a methodology formulated as a collaboration between Atlas Public Policy, BloombergNEF, and the [...] Read more at ETFtrends.com.
The investing world seems highly uncertain these days. Investors are understandably having trouble balancing earnings, the Fed, fiscal policy, inflation, economic growth, disease control, and geo- and US politics. However, there appear to be two relatively certain events central to our current portfolio positioning: 1) the Fed will continue to tighten monetary policy and 2) [...] Read more at ETFtrends.com.
Despite headwinds and recent troubles, things are far from hopeless for gold investors, according to the World Gold Council. With relatively flat price action in the first half of 2022, gold was one of the better performing assets. But aggressive central bank moves around the world, equity market volatility, and geopolitical chaos are all hitting [...] Read more at ETFtrends.com.
Dividend, value, and low volatility strategies outperformed in the first half of the year, demonstrating a continuing emphasis on defense. The ALPS Sector Dividend Dogs ETF (SDOG) has been ALPS’ most popular ETF by net inflows for the last few months. SDOG, which has $1.2 billion in assets under management, has seen $80 million in [...] Read more at ETFtrends.com.
The first half of 2022 has been dreadful for investors with broad equity markets off by more than 20% as inflation has proven persistent and the prospects for a soft landing have deteriorated. The 10-Year Treasury yield has increased from 1.51% at year-end 2021 to 3.02% as of June 30. Even energy – the only [...] Read more at ETFtrends.com.
Despite suffering substantial losses and massive selloffs in the first half of 2022, emerging markets may be resilient during a recession in the U.S., according to large investors. The reason being is that emerging and developing markets will be cushioned by low valuations, high yields, rapid growth, and a recovered China. Oliver Harvey, who oversees [...] Read more at ETFtrends.com.
The ARK Genomic Revolution ETF (ARKG) has increased over 5.5% by mid-day Thursday as biotech continues to rally and broader markets increase. The fund is up 18.08% over the past five days and 13.7% over the past month, partially recouping losses from earlier in the year. The fund is down 40.96% year to date. As [...] Read more at ETFtrends.com.
By Justin McKennon This is Part One of a three-part series intended to help financial advisors and wealth managers understand how they can bring additional value to their clients through cryptocurrency exposure. The rate of technology acceleration is staggering. In just the last 10 years we have seen a substantial shift in the automotive market [...] Read more at ETFtrends.com.
The FlexShares STOXX Global Broad Infrastructure Index Fund (NFRA) saw greater inflows in June than any other fund in FlexShares’ ETF lineup as investors look for income and portfolio diversification. Many investors allocate assets to infrastructure to protect against long-term inflation. When inflation rises, most infrastructure operators have historically passed through the cost increases to [...] Read more at ETFtrends.com.
Investors are feeling the squeeze this year in the challenging environment of soaring inflation and rising interest rates. This year’s mid-year check-in with clients will likely be fraught with questions and worry, particularly for those who have seen their wealth and retirement planning impacted by the underperformance of stocks and bonds, and being able to [...] Read more at ETFtrends.com.
At Exchange: An ETF Experience 2022, Stephanie M. Pierce, CEO of Dreyfus, Mellon & Exchange-Traded Funds at BNY Mellon Investment Management was celebrating the two-year anniversary of the issuer’s index ETF suite. BNY Mellon announced the launch of eight ETFs in April 2020, which were designed to cover the core exposures in a typical [...] Read more at ETFtrends.com.