Deutsche Asset & Wealth Management, a division of Deutsche Bank AG and a provider of exchange-traded funds, has announced the launch of two new ‘industry-first’ products from its stable of exchange-traded products on the NYSE Arca. Though ETFs focused on municipal bonds have ballooned to $12.3 billion dollars in assets as of year-end 2012 from $600 million in 2007, the …
New ETFs On The Block: Vanguard Emerging Markets Government Bond Index Fund (VWOB)
Vanguard, the Valley Forge, Pennsylvania-based third largest exchange traded funds issuer with nearly $286 billion in ETF assets, and one of the biggest asset management firms in the world, will roll out its much-awaited emerging markets bond ETF in early June, once the ‘subscription period’ of its mutual fund with the same strategy is complete. The ETF shares of Vanguard …
New ETFs On The Block: First Trust Senior Loan ETF (FTSL)
First Trust Advisors, the Wheaton, Il-based money manager known for its niche strategies, has launched its fourth actively managed ETF. The First Trust Senior Loan ETF (FTSL) is expected to compete with the recently launched SPDR Blackstone/GSO Senior Loan ETF (SRLN). Debuted last month, SRLN is also actively managed and has already accumulated assets of more than $160 million. FTSL …
New ETFs On The Block: ishares Defined Maturity Corporate Bond ETFs
iShares, the world’s largest manager of exchanged traded funds and a business arm of New York-based BlackRock Inc, recently launched four iShareBonds Corporate ex-Financials Term ETFs. The new products are designed to offer you bond-like features such as a range of defined maturities while offering the benefits of ETF diversification and liquidity. The ETFs provide you access to a diversified …
New ETFs On The Block: Wisdomtree Global Corporate Bond Fund (GLCB)
WisdomTree Investments, the New York-based ETF sponsor with over $20 billion in assets under management and known for its fundamentals-focused funds, has rolled out an actively managed global corporate bond ETF to be sub-advised by Western Asset Management Company (Western Asset). The WisdomTree Global Corporate bond Fund (GLCB) is one of the first funds that blend a diverse portfolio of …
New ETFs On The Block: State Street’s Crossover Corporate Bond ETF (XOVR)
Boston-based ETF issuer State Street launched a crossover fixed income focused ETF last week as the market continues to rebalance its portfolio towards debt instruments. The ETF industry has been quick to focus on segments that are often overlooked by investors through the launch of niche and novel products. The crossover segment of the bond market is one such example. …