ETFs

Daiwa Capital Markets has appointed Jimmy Kan as global head of derivatives structuring, a newly created role covering ETFs and other asset classes.

The potential for ETFs to be used in dynamic asset allocation in precisely defined market segments or styles has not yet been fully exploited, according to the Edhec-Risk Institute.

Investors are using ETFs to gain exposure to gold on a long-term strategic basis, rather than simply as a short-term hedge, industry professionals say.

Distribution capabilities will become increasingly important for ETF issuers seeking to attract investors as the market grows, according to industry experts.

HSBC has unveiled two ETFs based on MSCI indices tracking the US and European markets.

United States Commodity Funds (USCF) has listed its US Brent Oil fund on NYSE Arca.

ETF Securities (ETFS) has issued additional shares for its platinum and palladium exchange-traded products listed on NYSE Arca.

ETFs listed on the SIX Swiss Exchange and Scoach Switzerland recorded the largest turnover and trading volume gains in May, surging to CHF8.6bn (€6.08bn) and 79,758 respectively.

Economic uncertainty and sovereign risk in western markets has boosted flows into gold exchange-traded products, according to the World Gold Council (WGC).

iShares has launched an ETF providing exposure to the Polish stock markets on NYSE Arca in the US.