Americas ETP News
If your looking for specific news, using the search function will narrow down the results
Credit Suisse AG Announces the Repurchase of its CSMN and CSMB ETNs
June 19, 2015--Credit Suisse AG announced today that it will repurchase at its option its Credit Suisse X-Links HOLT(TM) Market Neutral Global Equity ETNs ("CSMN") and Credit Suisse X-Links 2xLeveraged Merger Arbitrage ETNs ("CSMB").
The repurchase date for each of CSMN and CSMB is expected to be July 6, 2015.
view more
Source: Credit Suisse AG
First Trust Canada launches Tactical Bond Index ETF
New ETF designed to perform across a variety of macroeconomic environments.
June 19, 2015--FT Portfolios Canada Co. ("First Trust Canada"), a privately owned company, is pleased to announce the launch of the First Trust Tactical Bond Index ETF which will begin trading on the Toronto Stock Exchange today under the ticker symbol FTB (TSX:FTB).
The First Trust ETF seeks to replicate, to the extent possible, the performance of the NASDAQ IBIS Canadian Preservation Index CAD TRSM (the "Index"), net of expenses.
view more
Source: First Trust
Goldman Sachs Hires IShares Veteran Tony Kelly for ETF Business
June 19, 2015--Goldman Sachs Group Inc., which is looking to issue exchange-traded funds this year, hired BlackRock Inc. veteran Tony Kelly as head of product development for that unit.
Kelly, who spent 15 years working in the iShares ETF business at Barclays Plc and BlackRock, will join Goldman Sachs as a managing director, according to an internal memo sent Friday, a copy of which was obtained by Bloomberg News.
view more
Source: Bloomberg
Canadian Securities Regulators Seek Comments on a Summary Disclosure Document and Delivery Regime for Exchange-Traded Mutual Funds
June 19, 2015--The Canadian Securities Administrators (CSA) today published for comment proposed amendments that will require exchange-traded mutual funds (ETFs) to produce and file a summary disclosure document called "ETF Facts."
The proposed amendments also introduce a delivery regime for ETF Facts.
The proposed ETF Facts is written in plain language, is no more than two pages double-sided and highlights key information that CSA research has identified as important to investors.
view more
Source: Canadian Securities Administrators (CSA)
Robo-Investing Craze Pits Vanguard Against Fidelity
June 19, 2015--Barraged by investment firms eager to manage their life savings, many Americans are making their choice-for nobody.
They're shrugging off investment advisors altogether in the hunt for lower costs.
view more
Source: fa-mag.com
Renaissance Capital's-IPO Calendar Week of 06/22/15
June 19, 2015--The Renaissance Capital's-IPO Calendar Week of 06/22/15 is available.
view more
Source: Renaissance Capital
CFTC.gov Commitments of Traders Reports Update
June 19, 2015--The current reports for the week of June 16, 2015 are now available.
view updates
Source: CFTC.gov
CBO-Budgetary and Economic Effects of Repealing the Affordable Care Act
June 19, 2015--Over the past several years, a number of proposals have been advanced for repealing the Affordable Care Act (ACA), which became law in March 2010.
In this report, CBO and the staff of the Joint Committee on Taxation (JCT) analyze the main budgetary and economic consequences that would arise from repealing that law.1
view the report
Source: Congressional Budget Office (CBO)
ISE ETF Ventures Partner Product Crosses $1 Billion in AUM
ETF BASED ON ISE CYBER SECURITYTM INDEX TICKER (INDEX TICKER: HXR) FIRST TO ACHIEVE IMPORTANT MILESTONE
June 18, 2015--ISE ETF Ventures today announced that its partner firm PureFunds(R) has surpassed $1 billion in assets under management for its ETF that tracks the ISE Cyber Security IndexTM (index ticker: HXR).
This milestone brings the total assets under management for products tied to ISE ETF Ventures to approximately $3.2 billion.
"We extend our sincere congratulations to our partner firm PureFunds for reaching this significant achievement," said Kris Monaco, Head of ISE ETF Ventures.
view more
Source: ISE ETF Ventures
Legg Mason wants to build 'better', ETFs
June 18, 2015--Legg Mason Inc. has asked U.S. securities regulators for permission to build index-tracking ETFs, a first step toward building its own business after poaching two Vanguard executives.
In a statement Wednesday, Legg Mason said its application is "the next step in building the organizational structure to offer a suite of passively and actively managed ETFs."
view more
Source: Investment News
