ETFs

Invesco Powershares has agreed an exclusive deal with Keefe, Bruyette and Woods (KBW) for four financial services indexes.

HSBC has launched an MSCI Pacific ex Japan ETF listed on the London Stock Exchange.

iShares has launched the first ETF providing liquid exposure to the European high yield debt market.

Commerzbank is due to launch ComStage ETFs in the UK for the first time next month.

Conjecture

Osmosis Investment Management has announced its climate solutions ETF is now quoted in sterling as well as US dollars on the London Stock Exchange.

Actively managed ETFs that aim to outperform a given benchmark need transparent and efficient servicing processes to be competitive, according to State Street.

Managers at newly launched Integral believe rapid-growth of ETFs is key to unlocking opportunities for investor asset allocation

VIEW FROM THE BRIDGE

Several European ETF issuers will be able to launch ETFs on the S&P 500 index as of 17 May, when Standard and Poor's exclusive arrangement with iShares ends.