ETFs

Towers Watson has started recommending its clients invest up to half of their passive assets in fundamental indices.

China Investment Corporation, the Chinese sovereign wealth fund, is using ETFs to gain exposure to a diverse range of asset classes, according to a filing with the US Securities and Exchange Commission.

ComStage, the ETF arm of Commerzbank, has listed three ETFs tracking the CAC 40 index on NYSE Euronext Paris.

Amundi has reported assets under management in its CASAM ETF range doubled in 2009, amounting to €3.3bn at the end of December last year.

Credit Suisse Asset Management has hired Daniel Draper as managing director and head of ETFs.

Tactical use of ETFs by investors is expected to influence and fuel ETF asset flows through 2010, according to State Street Global Advisors (SSgA).

Investors are shorting the euro via exchange-traded products (ETP) as they become increasingly risk averse amid the Greek debt crisis, according to ETF Securities (ETFS).

Barclays Capital has joined ETF Securities' ETF Exchange (ETFX) platform as a swap provider and authorised participant.

JP Morgan and Nomura have joined Source as shareholders, bolstering the exchange-traded product (ETP) issuer's range of investment bank partners and swap providers.

In mid-January, the US Commodity Futures Trading Commission (CFTC) unveiled a rule-making proposal to restrict positions in energy derivatives. The regulatory body is allowing market players around three months to comment on the proposal to limit contracts...