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ETF flows top $1.1tn for 2024 thanks to soaring stocks and bitcoin bonanza
January 7, 2025-- A closer look at ETFs' record-breaking year.
It will be new to no one that ETFs had a stellar year in 2024.
The vehicle, in the US, ended the year with $1.1tn in inflows, more than it has ever collected before, and over $10tn in assets under management, according to data from Morningstar Direct.
ETFs averaged $92bn of inflows per month in 2024, and had over $100bn of inflows in each month of Q4.
The year's flows were boosted by strong equity markets, the S&P 500 ended the year about 23%, a post election bump and rate cuts, as well as new bitcoin products, which proved especially popular.
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Source: citywire.com
Faith Investor Services Launches the FIS Bright Portfolios Focused Equity ETF (BRIF)
January 7, 2025--New actively managed ETF combines innovative investment strategies with biblically responsible principles
Faith Investor Services, LLC (FIS) and Bright Portfolios, LLC are excited to announce the launch of the FIS Bright Portfolios Focused Equity ETF, listed on the NYSE Arca under the ticker symbol BRIF.
This actively managed ETF is designed to deliver long-term capital appreciation by investing primarily in large-cap companies with strong growth potential, while aligning with Christian values.
The FIS Bright Portfolios Focused Equity ETF views investing as ownership. Ownership comes with an ethical responsibility to advance products, processes and priorities that positively impact the lives of others. The Bright team applies a proprietary "Bright Score" screening process, which incorporates quantitative and qualitative analysis to identify companies that contribute value to others and avoid activities contrary to Christian values.
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Source: Faith Investor Services, LLC
Hull Tactical Announces Transfer of Exchange Listing of Hull Tactical US ETF
December 30, 2024-The Hull Tactical team announced intentions to transfer the Hull Tactical US ETF (HTUS) from NYSE Arca, Inc. ("NYSE Arca") to CBOE BZX Exchange, Inc. ("CBOE") on January 15th, 2025, at market open.
HTAA, LLC is the investment advisor for the Hull Tactical US ETF, which is a series of the Capitol Series Trust (the "Trust"). The Board of Trustees of the Trust approved the transfer at a meeting held on July 11th, 2024.
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Source: Hull Tactical Asset Allocation
A Record-Shattering $1 Trillion Poured Into ETFs This Year
December 30, 2024 -Assets in U.S. exchange-traded funds grew by more than 30% in 2024
Investors plowed more than $1 trillion into U.S.-based exchange-traded funds in 2024, shattering the previous record set three years ago and raising Wall Street hopes for an even bigger year ahead.
The rebound from last year's lackluster flows marked a broad embrace of U.S. assets in a year in which the S&P 500 gained around 25%, analysts said. Longer-term trends also played a role as investors extended a yearslong practice of swapping their mutual funds for the greater tax advantages and easy trading of ETFs.
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Source: wsj.com
Stockpicking funds suffer record $450bn of outflows
December 30, 2024 -Shift into passive strategies and ETFs has accelerated as performance of pricier mutual funds lags behind benchmarks
Investors plowed more than $1 trillion into U.S.-based exchange-traded funds in 2024, shattering the previous record set three years ago and raising Wall Street hopes for an even bigger year ahead.
Investors pulled a record $450bn out of actively managed stock funds this year, as a shift into cheaper index-tracking investments reshapes the asset management industry.
The outflows from stockpicking mutual funds eclipse last year's previous high of $413bn, according to data from EPFR, and underline how passive investing and exchange traded funds are hollowing out the once-dominant market for active mutual funds.
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Source: ft.com
NEOS Investments Announces Strategic Investment from Aretex Capital and Tom Lydon
December 20, 2024--NEOS Investments LLC, an innovative ETF issuer known for its tax-efficient income strategies, announces that Aretex Capital Partners, along with ETF industry expert Tom Lydon, acquired a minority interest in the company.
"We are excited to welcome Andrew Feller, David Badham and Tom Lydon. This partnership allows NEOS to continue focusing on what we value most, our clients, and delivering innovative products to meet their income needs. Additionally, they each bring different industry experience to support our continued growth. We have worked with Tom Lydon for many years and are excited to have his guidance as we continue to educate financial professionals and institutions about options-based income strategies," said NEOS Investments Co-Founder and Managing Partner, Garrett Paolella.
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Source: NEOS Investments
First Eagle Investments Unveils First Active Equity ETFs
December 20, 2024--Manager's entry into the ETF space packages the firm's time-tested approach to global value investing in an efficient and cost-effective structure
First Eagle Investments ("First Eagle") today announced the launch of its first two active exchange-traded funds (ETFs), the First Eagle Global Equity ETF (FEGE) and the First Eagle Overseas Equity ETF (FEOE), which are now available on the New York Stock Exchange.
The First Eagle ETFs leverage rigorous, bottom-up research to invest in high-quality stocks trading at discounts to their "intrinsic value"*, an approach First Eagle's Global Value team believes could help to avoid the permanent impairment of capital and drive its growth over the long term.
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Source: First Eagle Investments
Frontier Asset Management Selects SEI to Launch Active ETFs
December 20, 2024-Advisors' Inner Circle Fund Trust Powers Growth for Asset Managers
SEI today announced that Frontier Asset Management (Frontier) selected the Advisors' Inner Circle Fund series trust as its operational platform to launch six new active ETFs, including:
Frontier Asset Absolute Return ETF
Frontier Asset Core Bond ETF
Frontier Asset Opportunistic Credit ETF
Frontier Asset Global Small Cap Equity ETF
Frontier Asset Total International Equity ETF
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Source: SEI Investments Company
Neuberger Berman Expands Actively Managed Lineup With Launch of Total Return Bond and Growth ETFs
December 20, 2024-Neuberger Berman, a private, independent, employee-owned investment manager, is pleased to announce the launch of two new actively managed ETFs: Neuberger Berman Total Return Bond ETF and Neuberger Berman Growth ETF.
The new Neuberger Berman Total Return Bond ETF is a Core-plus fixed income portfolio seeking to outperform its benchmark over market cycles, driven by multiple potential alpha sources:
Dynamic & Diverse Sector Allocations
Utilize a broad opportunity set of fixed income sectors-not limited to benchmark sectors.
Efficient Use of 'Plus' Sectors
Avoid static overweights to below-investment grade and emerging markets-dynamically adjust allocations based on portfolio managers' relative value views.
High Conviction Security Selection
Aims to be additive across credit market environments—best ideas approach built upon sector specialty research teams.
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Source: Neuberger Berman
Global X ETFs Launches the Global X U.S. Electrification ETF (ZAP)
December 18, 2024-Fund will focus on companies engaged in U.S. power grid infrastructure modernization, expansion of data centers, and conventional and alternative electricity generation
Global X ETFs, the New York-based provider of exchange-traded funds (ETFs), today announced the launch of the Global X U.S. Electrification ETF (ZAP).
The fund, which seeks to provide investment exposure to companies that potentially stand to benefit from increased electricity demand and electrification within the U.S., underscores Global X's commitment to providing investors access to innovative, disruptive themes.
U.S. electricity demand is projected to increase 47% between 2024 and 2040, driven in part by the expansion of artificial intelligence (AI) data centers, a resurgence in manufacturing, and the adoption of electric vehicles[i]. ZAP seeks to provide exposure to the entire electricity value chain, including companies that are involved in conventional and alternative electricity generation, as well as the modernization, development, and implementation of grid infrastructure and smart grid technologies.
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Source: Global X Management Company LLC