Difficulty in accessing onshore market means liquidity providers are having trouble hedging China A-share exposure
LONDON - db x-trackers, Deutsche Bank’s exchange-traded fund (ETF) platform, launched two ETFs linked to the DB Currency Returns Index (DBCR) last week.
Deutsche Bank has hired Chris Lee as head of structured products for Asia, just a few months after he left a similar position at UBS
LONDON – ETF Securities reported assets of $120 million in its currency-linked exchange-traded portfolio as of April 23, signalling increased demand for these products.
GLOBAL - Issuance of currency-linked exchange-traded products (ETPs) has soared in the past year, but concerns are emerging over the counterparty risks inherent in these products.
NEW YORK - WisdomTree, a New York-based guarantor, is set to introduce 25 new currency exchange-traded funds (ETFs), with a focus on emerging market currencies, as it continues to deepen its footprint in this market.
LONDON - Analysts at Barings and State Street Global Advisors (SSgA) expect emerging market (EM) currencies to continue on a trajectory of strength, despite suffering bouts of weaknesses amid the current market turmoil.
NEW YORK - Wisdom Tree has confirmed its plans to launch its first multi-currency exchange-traded fund (ETF), as single currency exchange-traded products take the brunt of the rising dollar.
ROCKVILLE, MD - Rockville-based Rydex Investments is set to launch four currency exchange-traded products linked to emerging market currencies at the end of the month, as the market for these products grows.
NEW YORK - Two more currency-linked exchange-traded funds (ETFs) were listed on the New York Stock Exchange's NYSE Arca on June 25.
NEW YORK - Morgan Stanley's Market Vectors double-long leveraged euro exchange-traded notes (ETNs) have outperformed their double-short counterparts by almost 30 times in trading volumes.
WASHINGTON, DC - US regulators approved trading and clearing for futures and options based on the Standard & Poor's Depositary Receipts (SPDR) Gold Trust, an exchange-traded fund (ETF), on June 2.
STAMFORD, CT – The Parker FX index reported a return of 1.40% in September, with managers benefiting from a declining greenback.
LONDON – State Street Global Advisors (SSgA), the investment management arm of State Street, has reached $100 billion in assets under management for its currency strategies.
LONDON – AXA Investment Managers (AXA IM) has launched its first active FX fund since creating a new currency management team last July.