ETFs

Vanguard has released seven bond index funds, expanding its bond index ETF range to 12 products.

The number of institutional investors using ETFs increased 12% in 2008 with nearly 3,000 investors worldwide holding these funds, according to a report from Barclays Global Investors (BGI).

UBS has listed seven ETFs tracking country and regional indices in the XTF segment of the Deutsche Boerse.

iShares has launched the S&P India Nifty 50 index fund on the Nasdaq stock exchange.

Invesco PowerShares CEO Bruce Bond is transitioning into the role of chairman, passing over daily executive and management responsibilities to the rest of the team.

IndexIQ has released a merger arbitrage ETF offering exposure to global corporate merger and acquisition activity.

Credit Suisse is entering the German ETF market with its Xmtch platform and will list 16 funds on the Deutsche Boerse on November 25.

Pacific Investment Management Company (Pimco) has unveiled an actively managed ETF on the NYSE Arca platform.

Credit Suisse has appointed Enrico Camerini as head of its Xmtch ETF platform in Italy.

Invesco Trimark, a subsidiary of Invesco, is offering a range of mutual funds comprising PowerShares ETFs in Canada.