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NEWSLETTER | 12 Mar 2021

This week has seen the publication of the European Winners Special Report accompanying our recent European ETF awards virtual event, including interviews with many of the winners in what was a challenging but ultimately very successful year for ETFs. Many congratulations to all our winners.

We also have an interview with an ETF veteran, turned hedge fund manager, who has turned to private equity to launch his new ETF business: Darren Schuringa brings us ASYMmetric ETFs, a long/short strategy, designed to make money in down markets.

We also take a look at gold, with an interview with Nitesh Shah from WisdomTree on the precious metal’s extraordinary price rise last year and its outlook for this.

BBH’s annual ETF report is out and finds that maybe Europe is a little over all things ESG, with ESG demand down on the continent, according to their findings, but those all-weather thematics going from strength to strength.

Meanwhile, TrackInsight‘s February figures seem to agree on the thematics, reporting strong flows to cannabis and bitcoin and in a further demonstration of the continuing strength of thematics, First Trust’s Gregg Guerin tells us about the repurposing of three of their ETFs to better reflect the demand for thematic investing.

Finally, we have a Cerulli Associates round up of ETF growth in Australia over last year. 2020 saw Australia’s ETF industry grow 30.4 per cent year-on-year to AUD79.3 billion (USD60.8 billion) in assets under management, according to Morningstar, with net new flows reaching AUD18.7 billion, the highest in five years.

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Beverly Chandler
Managing Editor, ETF Express

Companies in this issue
21 Shares
ASYMmetric ETFs
BetaShares
Brown Brothers Harriman
Cerulli Associates
CI Global Asset Management
ETC Group
First Trust
GraniteShares
HANetf
Invesco
State Street
TrackInsight
Trovio
WisdomTree
XTrackers

State Street expands Fund Connect ETF digital platform

Thu | 11 Mar 2021, 15:46

State Street Corporation has expanded Fund Connect ETF to support all ETF issuers regardless of their service provider.

Thu | 11 Mar 2021, 15:46

BetaShares has received a significant investment from TA Associates, a global growth private equity firm, to fuel a major expansion of its business activities. Financial terms of the transaction have not been disclosed.

Thu | 11 Mar 2021, 15:46

Gold-backed ETFs lost 2 per cent AUM (-USD4.6bn/84.7t), marking outflows for the third time in four months, and the seventh worst historical monthly holdings loss, according to new data released today by the World Gold Council.

Thu | 11 Mar 2021, 15:46

US ETF white labelling firm ETC’s co-founder-turned hedge fund manager, Darren Schuringa, has turned to private equity to raise financing to launch his new ETF firm, ASYMmetric ETFs.

Thu | 11 Mar 2021, 15:46

First Trust has recently repurposed three of its European ETFs to better reflect the world’s demand for thematics based on disruptive technology.

Thu | 11 Mar 2021, 15:46

European gold ETC champions WisdomTree, with USD23.9 billion in assets in commodities, and USD15.8 billion specifically in gold, has hired the former Institutional Relationship Manager covering EMEA from the World Gold Council, Nilesh Parmar, as Director of UK Institutional Sales, in a move that reflects the importance of both gold and the European institutional investor audience for the firm.   

Thu | 11 Mar 2021, 15:46

The latest and eighth annual survey from ETF custodian and administrator Brown Brothers Harriman (BBH) 2021 Global ETF Survey, covering investors from Europe, the US, and Greater China, reveals that ETF allocation has continued to rise globally.

Thu | 11 Mar 2021, 15:46

February data from TrackInsight reveals that ETFs continued their seemingly unstoppable growth trajectory to reach a new global high of USD8 trillion, in assets under management, driven by what it calls ‘exploding flows’ in North American markets and huge investor appetite for ESG products.

Thu | 11 Mar 2021, 15:46

Cerulli Associates’ Singapore office reports that Australian ETFs have enjoyed a record year as investors leveraged ETFs to make a run for safety and diversification during the pandemic.

Global ETF launches 04-11.03.21

Thu | 11 Mar 2021, 15:46

Cryptocurrency funds were the main theme of the week, with a new bitcoin fund, the CI Galaxy Bitcoin ETF, now trading on the TSX. ETC group meanwhile, listed an ether ETP, and 21Shares launched ETPs tracking both ether and bitcoin. Other newcomers include the first US-listed hydrogen ETF from Defiance ETFs, plus Europe’s first carbon avoidance solutions and 5G digital infrastructure ETFs from HanETF on the Swiss Stock Exchange. Elsewhere, two fund sponsors turned their attention to Asia, with new funds from Xtrackers and Invesco offering access to emerging Asian markets and Chinese companies, respectively.