ETFs

The asset management boutique Evercore Pan-Asset is extending its range of OEIC funds that use ETFs, following strong demand from IFAs.

Credit Suisse has appointed Levente Kulcsar and Annabelle Wegner to its ETF team in Germany and Austria, as part of the firm's plan to expand its ETF platform across Europe.

The Securities and Exchange Commission (SEC) has proposed to expand the recently released circuit breaker programme to encompass 344 ETFs and all stocks in the Russell 1000 index.

Standard & Poor's has licensed its new S&P 500 High Quality Rankings index to underlie a PowerShares ETF.

State Street Global Advisers (SSgA) plans to expand its ETF footprint in Europe and has renamed its French-domiciled fund range to match its global SPDR brand.

The FSA's plans to overhaul regulations governing investment advice will spark a boom in the use of ETFs in the UK, according to BlackRock.

Exchange-traded product provider Source has launched a volatility-linked ETF tracking the S&P 500 Vix Short-Term Futures Total Return index on the London Stock Exchange.

Vanguard is planning to boost its index-tracker range in the US, with the launch of 19 new index funds and ETF shares.

Amundi ETF has unveiled seven fixed income funds on NYSE Euronext Paris, providing exposure to US Treasury bonds and eurozone debt securities.

Exchange-traded product provider Source has seen total assets under management (AUM) in its ETFs and exchange-traded commodities surpass $6bn.