ETFs

Isabelle Bourcier, the former global head of ETFs at Lyxor Asset Management, has been appointed as head of business development at Ossiam, the ETF subsidiary of Natixis Global Asset Management.

Source has launched its Man GLG Europe Plus Source ETF, an actively managed strategy investing in European stocks recommended by a pool of leading brokers.

Standard & Poor's saw 95 ETFs launched on its stock market indices in 2010, the biggest annual total in the index provider's history.

HSBC has released a China ETF on the London Stock Exchange, boosting its range of products tracking the emerging markets.

Lyxor Asset Management is celebrating a decade in the ETF industry, having launched its Cac 40 fund on the Paris Stock Exchange in 2001.

Lyxor Asset Management has unveiled two ETFs providing exposure to European high yield bonds and emerging market sovereign debt, listed in the UK and France.

HSBC has launched the S&P Bric 40 ETF on the London Stock Exchange, with a total expense ratio of 0.60%.

The FSA has warned leveraged ETFs could be classed as 'generally unsuitable' for the mainstream retail market, along with complicated structured products and trade life policy investments.

The first two fixed income ETFs from the Pimco Source partnership have been launched on the Deutsche Boerse's Xetra platform.

Db x-trackers has listed its db Equity Strategies Hedge Fund Index ETF, tracking the performance of 17 long-short and neutral equity hedge funds.