iShares

Nomura's Brett Olson has joined iShares in the newly-created position of head of fixed income for Europe, Middle East and Africa (EMEA).

Developed equities attracted the bulk of inflows into exchange traded funds (ETF) in the second quarter, according to the latest figures from iShares, as investors continue to shy away from emerging markets.

BlackRock's ETF platform iShares has appointed Tom Fekete from Barclays Wealth as head of product development in Europe, Middle East and Africa (EMEA).

Fund managers have voiced concerns ETF trading is increasingly driving the direction of the wider market and exacerbating recent slumps, raising questions over the use of the products in less liquid securities.

Blackrock has completed the purchase of Credit Suisse's ETF business as part of an expansion into the Swiss market.

Fund buyers are calling on iShares to review the pricing of its range of UK exchange-traded funds (ETFs), especially the mainstream vehicles that are charging substantially more than their peers.

Investors are boosting exposure to exchange-traded products (ETPs) in their multi-asset portfolios, driving assets under management in the vehicles to new highs.

As the most popular emerging market equity funds are soft closing to stem inflows, wealth managers are being forced to look for alternatives beyond their usual top picks.

ETFs

ALLOCATION