Top Portfolio Products: Stock Split, Euro Stoxx ETFs Launched
Plus, 361 Capital files to launch a long/short product, while Schwab adds Direxion, other ETFs to OneSource.
Schwab Adds 65 ETFs to Fee-Free Platform
Investors can now trade more than 180 ETFs online through Schwab with no charge.
Top Portfolio Products: ProShares Rolls Out Emerging Market Bond ETF; China Gets S&P 500-Based ETF
Meanwhile, Franklin Templeton and K2 roll out multi-strategy product, and a Power Dividend Index Fund is introduced in the U.S.
Top Portfolio Products: ProShares Offers Hedged High-Yield Bond ETF
Smarsh and NASDAQ OMX announce partnership; S&P Capital IQ adds to its ETF research lineup.
New Hire Roundup: Lincoln Financial Advisors Appoints Joseph Gaeckle
This week in new hires, Joseph Gaeckle was appointed managing principal at Lincoln Financial Advisors, and Jeff Conway was named to lead a data analytics group at State Street.
Largest ETF Firms Still See Ample Room for Growth
“Only 3% of households today own ETFs; less than 50% of FAs use ETFs on a regular basis,” said ProShares CEO Michael Sapir at the InsideETFs Conference.
Judge Dismisses ProShares ETF Lawsuit
The judge ruled that the registration statements accompanying ProShares leveraged and inverse ETFs stated “in plain English” their daily performance objectives.
Top Portfolio Products: ProShares ETF Focuses on Germany; BlackRock Offers New Fund
New products over the last week include a new ETF focusing on German debt from ProShares and a reintroduced multi-asset income fund from BlackRock.
ProShares Launches ETF Focused on German Debt
ProShares announced Thursday the launch of the first U.S.-based ETF focused on sovereign and sub-sovereign debt from Germany, which has the world's third-largest public debt market and is widely recognized for its fiscal strength.
Top Portfolio Products: BlackRock Launches 3 Funds; New Putnam Fund Seeks Total Return
New products introduced over the last week include three alternative investment funds from BlackRock, a new dynamic allocation fund from Putnam, and two Credit Suisse funds reorganized into Aberdeen funds.