ETFs

The FSA is mulling increased regulation on exchange-traded products, warning certain ETPs are complex and risky, says David Bower at iShares.

ETF Securities has recruited Bank of America Merrill Lynch as a second counterparty on its ETC platform.

Goldman Sachs Asset Management has acquired Benchmark Asset Management, the biggest ETF provider in India and issuer of the largest Gold index fund in the country.

Active manager SCM Private has brought its ETF portfolios onto independent platform Ascentric, making them available to IFAs and retail investors.

Evercore Pan-Asset (EPA) has launched its range of PanDynamic model portfolios investing in ETFs on the Transact platform for retail investors.

US investment firm Charles Schwab has released its inaugural ETF Select List, guiding retail investors on ETFs across 48 asset classes.

The iShares S&P 500 ETF has become the largest exchange-traded product and index fund in Europe, with $9.2bn in assets under management (AUM).

HSBC has launched two ETFs tracking Latin American equities on the London Stock Exchange, growing its range to 18 funds.

European-domiciled exchange-traded products garnered over €1.9bn in the week ending 4 March, according to Deutsche Bank.

ETF Securities has listed a global dividend ETF on the London Stock Exchange, providing exposure to 100 companies across 10 sectors and up to 25 countries.