Ivan Gilmore (pictured), Head of Securities Trading, London Stock Exchange, London Stock Exchange Group (LSEG) writes that stock exchanges have shown resilience through mixed times and looks forward to a golden age of ETFs that lies ahead…
Sustainability and ESG investing dominated ETF launches this week. Invesco expanded its thematic environmental suite by listing the Invesco MSCI Green Building ETF focusing on the entire green building ecosystem, and BlackRock debuted two Paris Aligned iShares UCITS ETFS designed to capture opportunities arising from the transition to a lower carbon economy. Amundi also added fixed income exposure to its Climate Paris Aligned ETF range with the Amundi iCPR Euro Corp Climate Paris Aligned PAB – UCITS ETF DR. Digital assets also featured again this week with WisdomTree debuting the WisdomTree Ethereum ETP (ETHW) on Borse Xetra and Six, a low priced physically-backed ether ETP. Elsewhere investors turned their attention to Asia as Qontigo licensed the EURO STOXX 50 Index to KBSTAR ETF to serve as underlying for an ETF listed on the Korea exchange. Finally, FinEx launched the Fallen Angels ETF, allowing investors to capture risk premium in USD bonds that have recently been downgraded from investment grade to high yield while belonging to the relatively attractive BB+ to BB- rating segment.
Wealth management and professional services group Tilney Smith & Williamson has appointed Claire McCombe as an investment manager in the firm's Belfast team.
Quilter Investors has appointed RWC Asset Management (RWC) as manager of the Quilter Investors Global Equity Value Fund.
Boodle Hatfield, a private wealth law firm, has promoted Clare Pooley to Senior Associate in the firm’s growing private client and tax practice, with effect from May 1 2021.
As more people look to make a positive influence on society and the environment with their investments, impact investing is becoming an increasingly common practice among retail investors. The size of the impact investing market has grown by 42.4 per cent and as of last April is worth USD715 billion, compared to USD502 billion in 2019.
A recent Scottish Widows study has found that around 90 per cent of 11 to 18-year-olds believe they should be taught about pensions at school to help them in the future.
New research published by online investment service Wealthify has exposed a confidence gap among UK savers, with 72 per cent saying they are “not confident enough” to try investing their money. Only 16 per cent of people with GBP5,000 or more already in savings but no investments had considered investing in the past twelve months, despite 58 per cent having saved more since the start of the Covid-19 pandemic.
EQ Investors (EQ), a B Corp wealth manager, has partnered with Fintegrate to bring its Positive Impact and Future Leaders portfolios to more advisers.
Wealth Enhancement Group, an independent wealth management firm, is to join forces with Pillar Pacific Capital Management, an independent registered investment adviser (RIA) with locations in Northern and Southern California that has USD1.6 billion in total client assets.