ETF

Esposito Securities has expanded its ETF seeding activity, it announced yesterday.

Brown Brothers Harriman (BBH) has been selected to act as custodian for a new range of XACT ETFs.

ETF assets held by individual investors and independent adviser clients at Charles Schwab are now in excess of $100bn.

Seven Investment Management has seen its assets reach £3bn, boosted by investments of nearly £700m in ETFs and £1bn in passive funds overall.

A report released in the US blaming ETFs for market distortions and threatening market stability has been undermined by industry experts as "filled with holes".

Global X has unveiled an ETF providing exposure to Norway, on NYSE Arca.

ETF Securities has launched 16 ETCs providing triple long and short exposure to currencies.

ETC investors have been steadily reducing positions in agriculture, capturing profits from rising prices, ETF Securities says.

Boutique asset manager Evercore Pan-Asset has completed its risk-rated fund range with the launch of the PanDynamic Cautious Balanced and Cautious Growth portfolios.

Source, the specialist provider of exchange-traded products, has listed its inaugural range of 15 exchange-traded commodities (ETCs) on the SIX Swiss Exchange.