ETF Financial News

Apollo Global Management Inc. plans to expand its asset origination business to sell private credit to retail channels, including exchange traded funds, Chief Executive Officer Marc Rowan said Thursday.

In a shareholder letter published on Tuesday (28 May), the board set out plans for HANetf to drop fossil fuels from the fund's ESG screening criteria. The current ESG screens ban companies that do not comply with the UN Global Compact principles and are involved in, linked, and/or whose partial or total revenues come from fossil fuels, conventional weapons, controversial weapons and/or tobacco production. Lloyd Capital and HANetf partner for double equity ETF launch The revised criteria will remove fossil fuels from its screening, but it will now exclude companies from the index th...

– $BONK price surged this week but corrected after Ethereum ETF approvals

This listing follows the SEC’s approval of a total of eight spot Ethereum Exchange Traded Funds (ETFs). Following this major move for ETFs in the Web3 space, traders have begun to diversify their holdings in order to get the most out of the market. Out of the thousands of available altcoins, five have stood out the most as cryptos that can surge in value immensely, and these include KangaMoon (KANG), NEAR Protocol (NEAR), Ethereum Classic (ETC), Chainlink (LINK) and Ethena (ETA). Let’s take a look at these cryptocurrencies:

The New York Stock Exchange (NYSE) on Wednesday announced its intention to introduce cash-settled spot Bitcoin options, pending regulatory clearance.

The Lloyd Focused Equity UCITS ETF and the Lloyd Growth Equity UCITS ETF track the Solactive Focused Equity and Solactive Lloyd Growth Equity indices, respectively. HANetf said it aims for the two funds to successfully replicate the strong performance of Lloyd Capital's equity strategy. Deep Dive: Retail investors help close the gap between European and US ETF market Within the first week of trading, the two ETFs gathered $319.6m in assets under management, which the companies attributed to their pre-marketing campaign. While both funds will invest in companies that trade at a p...

SIP contribution by mutual fund investors has grown over two times in Narendra Modi’s second term as PM from Rs 8,183 crore in May 2019 to Rs 20,371 crore in April 2024 (last available data for comparison), an analysis by ETMutualFunds showed. The number of SIP accounts has also increased from 2.73 crore in June 2019 to 8.70 crore in April 2024, according to the monthly data released by the Association of Mutual Funds in India (AMFI). The number of mutual fund folios have surged by around 118% from 8.32 crore in May 2019 to 18.14 crore April 2024, according to the data of folios released by AMFI.

Despite hawkish remarks from Federal Reserve officials and stronger-than-expected U.S. economic data, which have reduced the likelihood of a Fed rate cut, Bitcoin (BTC) has managed to regain some traction. The cryptocurrency edged slightly higher, reaching around $67,785 and hitting an intraday high of $68,848.

real estate and mutual funds. Among these, investing in gold has always held a special appeal, often seen as a safe and stable investment. Gold can be invested in various forms, including jewellery, digital gold, sovereign bonds, gold mutual funds, and gold ETFs.

Bitcoin bulls have little to worry about regarding the BTC price uptrend, according to QCP Capital. The recent movement of coins from the defunct exchange Mt. Gox, which led to a 2% drop in BTC prices, is seen as a temporary setback rather than a significant shift in market trajectory.

After brief but sharp price jumps last week, bitcoin (BTC) and ether (ETH) headed lower Tuesday.

Nearly half of Americans who plan to go to the polls in November anticipate including cryptocurrencies in their future investment portfolios, according to new survey findings from Grayscale Investments.

The firm said the move to list its largest passive fixed income fund is part of plans to meet client demand and give them access to both listed and unlisted share classes. The Global Aggregate Bond UCITS ETF manages over $12bn in assets and will be listed in Italy, Switzerland and the UK. The new listing came after HSBC AM changed the name of its four fixed income index funds to UCITS ETFs in April ahead of the launch of its ETF share classes. HSBC AM multi-asset fund manager and World Selection head Kate Morrissey exits Following the listings, HSBC's total ETF AUM is expected to r...

One in three voters in the United States considers a candidate’s position on cryptocurrencies before making their voting decision.

Solana validators will see an increase in their rewards as a recent governance proposal has been passed, granting them 100% of priority fees from transactions on the network.

Standard Chartered, agreeing that Ethereum will receive the green light for spot ETFs soon, has updated its price target for the leading altcoin. Geoff Kendrick, Standard Chartered’s Head of FX Research and Digital Assets Research, believes ETH could peak at $8,000 by the end of the year. According to Geoff Kendrick, spot Ethereum ETFs will drive inflows of $15 billion to $45 billion within the first 12 months. This inflow of capital is what is expected to be the driving force behind the next major move in the crypto market.

Prasad Sawant, Advisory Head, IIFL Securities, says Mirae Asset, this NYSE FAANG Plus ETF and also Edelweiss US Technology Scheme has also given more than 80% return. Others, like Motilal Oswal Nasdaq 100 ETF have given 20-25% return in the three-year range. Active schemes like DSP US Flexi Cap have given returns in the range of 18%. If I talk about a three-year return, it is in the range of 15% to 20-25% return. Last week, Nvidia was in news due to the good results and after that the overall return, almost in a year, has gone beyond 170%. But having said that, can we understand the kind of exposure Indian mutual funds have towards US stocks and specifically tech stocks? Prasad Sawant: We have somewhere around 70 mutual fund schemes in the market as of now which has exposure to US listed stocks. And out of that, few are having direct exposure to these technology stocks. Like if we know Motilal Oswal Nasdaq 100 ETF, then we have Mirae Asset NYSE Fang plus ETF Mutual Fund is there and Edelweiss technology related scheme is there, which is specifically into US technology stocks.

stock market behaving unpredictably in a highly volatile environment amid Lok Sabha elections, mutual fund investors are caught between fear and greed. On one hand, investors are fearing a correction as the market is already at peak and on the other hand the boom is bringing in FOMO. In the last month, sectoral/thematic funds have topped the return chart and offered double-digit returns. HDFC Defence Fund, the topper in the list, gave 17.54% return in the last one month. Invesco India PSU Equity Fund and Canara Robeco Infrastructure Fund offered 14.86% and 14.79% returns, respectively.

ETF or an index fund routes are available for taking exposure to the index. The index is rebalanced on a semi-annual basis. For an investor, the index serves as an ideal multicap passive fund and can be a key component in their portfolio.Represents almost the complete market: As mentioned earlier, the market capitalization of all BSE-listed companies totals up to ₹393 trillion.

A top exchange-traded fund provider is betting on the long-term popularity of GLP-1 weight loss drugs.

With each passing week, the bear case for Wall Street proves too tempting to pass up for a handful of gutsy traders.