ETFs

BlackRock has completed its merger with Barclays Global Investors (BGI).

Pacific Investment Management Company (Pimco) has released an actively managed municipal bond fund on the NYSE Arca platform.

Global X Management Company, a New York based asset manager, has launched two ETFs tracking the consumer and industrial sectors in China.

The Vienna Stock Exchange has unveiled the Bosnian Traded index (Batx), comprising the most actively traded stocks on the Sarajevo and Banja Luka exchanges.

Direxion has filed with the Securities and Exchange Commission for a range of four leveraged ETFs tracking the US market and semiconductor sector.

ETFs must be kept simple in structure for implementing investment strategies, according to industry players.

Claymore Securities will close and liquidate four of its ETFs, with the last day of trading on December 11.

Fundamentally weighted indices perform better in emerging markets than capitalisation weighted indices, according to Research Affiliates chief investment officer Jason Hsu.

Van Eck Global has released an ETF providing exposure to Poland on the NYSE Arca platform.

Credit Suisse has unveiled 16 Xmtch ETFs for trading on Deutsche Boerse's XTF segment.