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The world's biggest exchange-traded fund (ETF) provider, iShares, is starting a campaign for more transparency in the market for these products and says it will hold client events across Europe to promote its views.
The UBS rogue trader scandal has reignited the controversy over exchange traded funds at a time when the French banking system is worryingly exposed to Greek debt. But investment professionals say most buyers are institutional investors who know the risks, writes George Mitton.
The controversy over exchange-traded funds (ETFs) has grown so intense that iShares, the BlackRock-owned ETF giant that leads the market with about a 40% share, has released a public report calling for greater transparency and regulation.
Pimco and Source are launching an exchange-traded fund (ETF) that will invest in emerging market bonds based on an index that weighs each country's GDP and capacity to repay its debts.
The news that UBS trader Kweku Adoboli, who allegedly caused losses of about €1.7 billion through rogue trading, dealt in exchange-traded funds (ETFs) at the Swiss bank has reignited a debate over the apparent dangers of ETFs.
European equity funds suffered further redemptions in July making ETFs and bond funds the mainstays of the industry, according to Lipper.
HSBC has launched an emerging markets ETF, claiming a highly competitive total expense ratio.
The final week of August saw flows into EPFR Global-tracked Equity Funds stage a modest rebound on the back of bargain hunting and optimism that the US Federal Reserve will pull the trigger on another round of quantitative easing.
Investing in commodities can protect against wars and supply shocks while cashing in on emerging market growth. But the asset class is blamed for worsening hunger in the Third World, finds George Mitton.