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ShareOwner Investments Launches Canada's First Automated ETF Portfolio Service for Retail Investors
May 27, 2014--Canadian ShareOwner Investments Inc. ("ShareOwner") is pleased to announce the launch of its Model Portfolio Service which helps retail investors build and manage a globally diversified portfolio of ETFs. ShareOwner's Model Portfolio Service provides investors with a systematic approach to managing their investment portfolio that saves time and money by combining low cost index ETFs with optimal asset allocation and automated trade execution and portfolio rebalancing.
ShareOwner's Model Portfolios can provide investors with significant savings over traditional managed mutual funds and advisor-based solutions."Not all investors want to pay the higher fees or have a large enough portfolio to use an expensive financial advisor or broker, but want the benefits of a well-diversified, and continually balanced portfolio," said Bruce Seago, CEO of ShareOwner, "and with most managed solutions costing investors more than 2% per year, a savings of more than 1% per year can add significant value to an investor's portfolio value over time."
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Source: Canadian ShareOwner Investments Inc.
NYSE Arca-4 ETF Launch: iShares
May 27, 2014--Summary:NYSE Euronext is pleased to announce that on Thursday, May 29, 2014, the following ETFs will be listed on NYSE Arca and will begin trading as new issues:
Security Name: iShares Interest Rate Hedged Corporate Bond ETF
Short Name: iShares IR Hdg LQD
CUSIP: 46431W 70 5
Trading Symbol: LQDH
Security Name: iShares Interest Rate Hedged High Yield Bond ETF
Short Name: iShares IR Hdg HYG
CUSIP: 46431W 60 6
Trading Symbol: HYGH
Security Name: iSharesBond(R) Dec 2018 Corporate Term ETF
Short Name: iBond Dec 2018 Corp
CUSIP: 46434V AA 8
Trading Symbol: IBDH
Security Name: iSharesBond(R) Dec 2016 Corporate Term ETF
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Source: NYSE Arca
WisdomTree Announces 10 Exchange-Traded Funds (ETFs) Now Have $1 Billion in Assets
WisdomTree India Earnings Fund (EPI) Marks Tenth ETF With $1 Billion
May 27, 2014--WisdomTree Investments, Inc.,an exchange-traded product("ETP") sponsor and asset manager with approximately $34 billion in assets under management (AUM), today announced that with the addition of the WisdomTree India Earnings Fund (EPI)
ten WisdomTree ETFs now have more than $1 billion in AUM. The ETFs are as follows:
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Source: WisdomTree
Asset managers 'not as risky' as banks
May 25, 2014--Asset management companies threatened by regulators with costly capital and liquidity requirements have adopted a common line of defence: do not tar us with the same brush as the banks.
During a conference held on May 19 in Washington to explore whether asset managers may contribute to systemic risk, fund companies emphasised the differences between them and a banking sector that relies on state guarantees.
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Source: FT.com
NYSE Arca-1 ETF Launch: Direxion
May 23, 2014--NYSE Euronext is pleased to announce that on Wednesday, May 28, 2014, the following ETF will be listed on NYSE Arca and will begin trading as a new issue:
Security Name: Direxion Daily S&P 500(R)Bull 2X Shares
Short Name:DX DLY SP BULL 2X
CUSIP: 25459Y 25 6
Trading Symbol: SPUU
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Source: NYSE Arca
BlackRock(R) Canada Publishes Latest Edition of the iShares(R) Connect Guide to Firms Offering Investable Portfolios Using ETFs
MAy 22, 2014--BlackRock Asset Management Canada Limited (BlackRock Canada), an indirect, wholly-owned subsidiary of BlackRock, Inc., today announced the publication of the latest updated edition of "iShares Connect: Canada Guide to ETF Investment Strategists". As the number of exchange traded fund (ETF) strategists and strategies in Canada has grown rapidly in recent months, so has the Canadian iShares Connect guide.
The latest edition features two new fund managers, representing an additional $600 million in ETF assets under management, for a total of 18 managers with a combined $4.6 billion in ETF assets as of March 31, 2014. The updated guide has added eight new ETF-based strategies in the most recent version, bringing the total number to 39.
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Source: BlackRock
ISE Launches Do Not Trade Through Functionality for Multi-Legged Orders
May 22, 2014--ISE announced today the launch of Do Not Trade Through (DNTT) functionality, a new price protection for multi-legged orders. Orders marked as DNTT will only trade at or better than the National Best Bid or Offer (NBBO) on each leg of the multi-legged order, including option and stock legs.
DNTT orders do not trade through away market prices on any leg. ISE is the only exchange to offer this protection for both incoming and resting multi-legged orders.
Boris Ilyevsky, Managing Director, said, "ISE continues to set the industry standard in multi-legged orders, and the launch of the DNTT feature is another step in providing our members with the best trading functionality and execution quality. With the introduction of DNTT and future enhancements in our pipeline, our goal is to ensure that ISE will continue to remain a leading routing destination for multi-legged orders."
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Source: ISE Holdings
New Endowment Index Launched to Provide Independent Benchmark for Fiduciaries
Endowment Index(TM) now available as a benchmarking tool for investors that manage multi-asset portfolios comprised of both traditional (stocks and bonds) and alternative (private equity, real assets, hedge funds) asset classes.
May 22, 20143--Endowment Wealth Management,Inc. in collaboration with ETF Model Solutions,LLC have launched the Endowment Index(TM) (Symbol: ENDOW) as a benchmarking tool for investors in globally-diversified,multi-asset portfolios that include alternative investments.
The Endowment Index,calculated by Nasdaq OMX(R) is an objective benchmark comprised of three major asset class building blocks: Global Equity,Global Fixed Income,and Alternatives which includes hedge funds,private equity and real assets.
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Source: Endowment Wealth Management, Inc.
Minutes Of The Federal Open Market Committee, April 29-30, 2014
May 21, 2014--The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the attached minutes of the Committee meeting held on April 29-30, 2014.
view the Minutes Of The Federal Open Market Committee, April 29-30, 2014
Source: Federal Reserve Board
Dubai market bounces back
May 21, 2014--Ending a five-day losing streak, the Dubai Financial Market General Index climbed by 4.18 per cent on Wednesday, May 21.
Tailwinds from Europe (where Italian and Spanish government bonds gained) and East Asian markets, where indices stabilised, helped the gauge to regain territory. Islamic insurance provider Dar Takaful gained the most, closing 11.66 per cent...
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Source: AME Info