ETFs

Source has released 18 ETFs tracking the Dow Jones Stoxx 600 Optimised Supersector indices, which the ETF provider recently created in conjunction with Dow Jones.

Daiwa Securities SMBC has appointed Simon Roche as head of Synthetic Trading, to build a delta one trading book covering pan-European benchmarks.

Pacific Investment Management Company (Pimco) has filed with the Securities and Exchange Commission to launch five active fixed income ETFs - three short duration and two tax exempt - as well as two ETFs that track treasury indices.

Emerging Global Advisors has launched an emerging markets sector ETF, which tracks a composite index comprising a range of sectors across emerging market countries.

The Financial Industry Regulatory Authority (Finra) has released further guidance to clarify its position on investing in leveraged and inverse ETFs.

Commodity ETF sales soared 57% at Lyxor Asset Management last month, becoming the most popular products among the group's global range.

Source has appointed three salespeople to its pan-European marketing team.

The Taiwan Financial Supervisory Commission (FSC) has approved the first Hong Kong ETF in Taiwan.

Direxion Funds has released two Direxion Daily Shares 3x ETFs, comprising leveraged bull and bear funds tracking the MSCI US Reit index.