ETFs

The Securities and Exchange Board of India (SEBI) intends to verify all physical gold stores held by ETFs.

HSBC has launched an ETF providing exposure to Turkey on the London Stock Exchange, boosting the array of emerging markets funds on offer.

Flows into physically-backed industrial metal ETCs are not expected to artificially inflate metal prices, based on analysing existing products in the market, ETF Securities says.

ETF Securities (ETFS) is proposing to reduce the principal amount for a range of its ETCs due to falls in the price of natural gas.

Deutsche Bank is providing db x-trackers ETF investors with daily disclosure on collateral and swap exposure, joining Credit Suisse and iShares in a drive to improve transparency.

State Street Global Advisors (SSgA) has named Frank Henze head of its SPDR ETF business in Asia Pacific.

BlackRock has launched the iShares Barclays 0-5 Year Treasury Inflation Protected Security (TIPS) Bond fund on NYSE Arca.

Lyxor Asset Management has launched six ETFs on the London Stock Exchange providing exposure across a range of fixed income sectors.

Lyxor Asset Management has confirmed the appointment of Simon Klein as head of ETF for Europe, starting on 1 January.

The term ‘total expense ratio' sounds like it should incorporate all the costs of an ETF. But the TER figure can differ widely from the true cost of owning a fund, as Helen Fowler discovers