fixed income

Tactical use of ETFs by investors is expected to influence and fuel ETF asset flows through 2010, according to State Street Global Advisors (SSgA).

Pension funds are increasingly using ETFs to gain liquid access to fixed income, according to industry experts.

Invesco Perpetual has launched a new unconstrained bond fund for highly-regarded duo Paul Causer and Paul Read, which focuses on total returns rather than an income target.

Amundi Investment Solutions has listed 13 ETFs on NYSE Euronext European exchanges.

Charles Schwab has unveiled a range of managed portfolios comprising ETFs, available through a fee-based advisory programme in the US.

Lyxor Asset Management surpassed €30bn in ETF assets under management (AUM) in November 2009, representing a 30.92% rise compared with a year ago.

Pacific Investment Management Company (Pimco) has released an actively managed municipal bond fund on the NYSE Arca platform.

Aberdeen Asset Management reported a drop in pre-tax profits for the year to the end of September of 82% to £10.5m, down from £60.5m the previous year.

Vanguard has released seven bond index funds, expanding its bond index ETF range to 12 products.

The number of institutional investors using ETFs increased 12% in 2008 with nearly 3,000 investors worldwide holding these funds, according to a report from Barclays Global Investors (BGI).