ETFs

The FSA and the Swiss Financial Market Supervisory Authority (FINMA) are launching an independent investigation into the events surrounding the huge trading losses incurred by UBS, allegedly as a result of the actions of 'rogue trader' Kweku Adoboli....

City of London police have charged UBS trader Kweku Adoboli with fraud in relation to the $2bn loss at the bank, and he has hired the same law firm which defended Barings bank rogue trader Nick Leeson to defend him.

ETFM provides a roundup of some of this week's ETF and indexing news.

The $2bn losses incurred by UBS as a result of an alleged rogue trader put banks' risk controls under further scrutiny...

ETF providers have dismissed claims that the losses allegedly caused by an ETF trader demonstrate that the instruments are risky.

Kweku Adoboli, an ETF trader in the London branch of UBS, has been arrested in connection with unauthorised trading which lost the bank US$2bn.

The latest figures for inflows into commodity ETPs show clear signs of a weakening interest, Barclays Capital reports.

Canadian ETF provider Horizon has launched adviser class versions of four of its ETFs in a bid to attract advisers which work on a commission basis.

iShares has listed two US fixed income ETFs on the London Stock Exchange.

Invesco PowerShares is planning to list a fundamentally-weighted corporate bond ETF on the New York Stock Exchange on Thursday.