UK tax on gains from exchange-traded commodities (ETCs) can vary between 18% and 50% due to inconsistencies in product structure, according to tax experts.

US asset manager Van Eck Global has launched an ETF providing exposure to bonds issued in local currencies by emerging market governments.

New York-based ETF issuer Global X Funds has unveiled an ETF providing access to lithium, a resource which the firm says is integral for renewable energy.

BNY Mellon has announced its Classic ADR index will serve as the primary benchmark for a new actively managed international ETF.

European-listed ETFs providing exposure to fixed income saw net inflows of $1.5bn in June, while ETFs tracking European equities experienced $1.5bn in net outflows in this month.

BlackRock has reported $12.9bn in net inflows in its iShares business at the end of the second quarter, despite the firm recording a total loss of $213.3bn in assets under management (AUM) in this period.

IFAs are increasingly using ETFs to gain exposure to a wide range of asset classes, including fixed income and commodities, as investors become more aware of the benefits ETFs offer.

Lyxor Asset Management has listed 11 ETFs on the Spanish stock exchange, two of which track commodities indices.

ETFlab has released two ETFs providing exposure to China and the emerging markets on the pan-European Xetra exchange.

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