ETF Express Newsletter

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NEWSLETTER | 4 Sep 2020

We have serious and not quite so serious matters to discuss this week. It is irresistible to report on ProShares’ very serious piece of research on the pet care industry, research that lies behind its PAWZ ETF, which has enjoyed over 11 per cent in returns this year, largely fuelled by the general realisation that home alone with a furry friend is better than home alone, alone – if that makes any sense at all.

This issue of the ETF Express newsletter also brings you an interview with a US wealth manager, Wichita, Kansas-based 6 Meridian, with USD2.8 billion under management. The firm’s CIO, Andrew Mies, explains that the firm has raised USD400 million through launching its own ETFs, through US white labeller Exchange Traded Concepts, thereby avoiding a great deal of paperwork and gaining a tax break for their investors.

We also have an interview with Marie Coady, PwC Global ETF Leader and Partner at PwC Ireland, and also Chair of the Irish Funds Association ETF Group, on their recent study on the future and the future potential of ETFs in Europe.

Please place your votes in our US ETF awards with nominations pre-selected by Bloomberg. The firms with the most votes win.

Finally, our etfLIVE North America event at the end of October is gaining momentum – please register here. Professional investors go free!

Beverly Chandler
Managing Editor, ETF EXpress

Companies in this issue
21Shares
6 Meridian
AdvisorShares
Exchange Traded Concepts
HSBC Global Asset Management
ProShares
PwC
Rize
Vanguard

CoinShares becomes first digital asset manager to offer real-time audit on crypto asset ETPs

Thu | 3 Sep 2020, 12:56

European digital asset investment firm CoinShares has become the first asset manager to offer real-time audit capacity on its crypto asset exchange-traded products (ETPs) via Armanino's Real Time Assurance application.

Thu | 3 Sep 2020, 12:56

Equity-based Smart Beta ETFs and ETPs listed globally saw net outflows of USD2.22 billion during July bringing year-to-date net inflows to USD10.36 billion which is significantly lower than the USD52.90 billion gathered at this point last year.

BETZ ETF surpasses USD100m in assets

Thu | 3 Sep 2020, 12:56

Roundhill Investments Roundhill Sports Betting & iGaming ETF (BETZ) has surpassed USD100 million in assets under management.

Thu | 3 Sep 2020, 12:56

Wealth managers using ETFs in the US are stepping up to create their own in-house range of the products. Andrew Mies, CIO of 6 Meridian, explains how his USD2.8 billion wealth advisory firm based in Wichita, KS, has done just that.

Thu | 3 Sep 2020, 12:56

Hosted by ETF Express, this live summit will discuss and debate how ETFs can be used in an institutional portfolio, in front of a specially selected audience of institutional investors and members of the ETF ecosystem.

PwC Ireland’s ETF report calls for the unlocking of further potential for ETFs across Europe

Thu | 3 Sep 2020, 12:56

PwC Ireland’s report published in August, entitled ‘ETFs: Unlocking further potential’, made quite the splash with its call to arms on four key areas that could improve European ETF trading and harness growth opportunities, with further development of Europe’s ETF trading infrastructure.

PAWZ for thought on pet care investment

Thu | 3 Sep 2020, 12:56

ProShares Pet Care ETF (PAWZ) has enjoyed a good year so far, with performance of over 11 per cent year to date, achieved on a wave of resilience that reflects, the firm says, the critical role of companion animals in pet owners’ lives during social distancing, as adoption and foster applications reached record highs.

Global ETF launches 27.08-03.09.20

Thu | 3 Sep 2020, 12:56

This week’s new ETF launches include a couple of crypto-related firsts – the launch by 21Shares of the first short bitcoin ETP on Xetra and the admission of the first bitcoin ETP on the official ‘regulated’ market of the Vienna Stock Exchange. Elsewhere, Rize launched two new thematic ETFs – food production and digital learning – Vanguard debuted three new bond funds, and AdvisorShares launched the Pure US Cannabis ETF.