European exchange traded funds (ETFs) have enjoyed a record year for net inflows, taking in $56.2bn by the end of October, according to consultancy ETFGI.
Passive fund providers are under renewed pressure to reduce the cost of investing in their funds, following a move by Fidelity Worldwide Investments to cut fees on its index tracker range.
City Financial's Mark Harris has increased exposure to India following the election, despite concerns over the prospects for emerging markets if developed economies continue to wind up stimulus packages.
BlackRock has launched two iShares exchange-traded funds to target emerging market consumption and US dividends, following fee cuts on its revamped 'Core' range last week.
UBS is formally reducing securities lending on its ETF funds to 50%, following in the footsteps of ETF giant iShares.
Our plans to turn around UK equity performance
Multi-asset managers have begun to add exposure to emerging market debt (EMD) after yields on dollar-denominated debt rose above those on junk bonds for the first time since 2005.
ETF flow data from iShares reveals investors have been selling equities and buying bonds in the first quarter of the year, with the five top-selling ETFs all belonging to the fixed income space.
iShares has cut the total expense ratio (TER) on the accumulation share class of its S&P 500 ETF to 7bps in a further bid to undercut competitors.