BlackRock has authorised a 10-for-one share split on the iShares Comex Gold Trust, lowering the share price and increasing the number of outstanding shares.

Claymore has listed seven ETFs on NYSE Arca, tracking a range of investment grade corporate bond indices with different maturities.

Daiwa Capital Markets has appointed Jimmy Kan as global head of derivatives structuring, a newly created role covering ETFs and other asset classes.

The potential for ETFs to be used in dynamic asset allocation in precisely defined market segments or styles has not yet been fully exploited, according to the Edhec-Risk Institute.

Investors are using ETFs to gain exposure to gold on a long-term strategic basis, rather than simply as a short-term hedge, industry professionals say.

Distribution capabilities will become increasingly important for ETF issuers seeking to attract investors as the market grows, according to industry experts.

HSBC has unveiled two ETFs based on MSCI indices tracking the US and European markets.

United States Commodity Funds (USCF) has listed its US Brent Oil fund on NYSE Arca.

ETF Securities (ETFS) has issued additional shares for its platinum and palladium exchange-traded products listed on NYSE Arca.

ETFs listed on the SIX Swiss Exchange and Scoach Switzerland recorded the largest turnover and trading volume gains in May, surging to CHF8.6bn (€6.08bn) and 79,758 respectively.