David Stevenson shares his thoughts on recent innovations in the index-tracking ETF space and asks are investors looking before they leap?
Miners fell sharply this morning on news the Australian government plans to introduce a new 40% tax on resource projects from July 2012.
The FTSE plunged a further 50 points in early trade Wednesday as the fallout following Standard & Poor's (S&P's) downgrading of Greece's debt to ‘junk' status continues.
The FTSE 100 lost more than 150 points and closed barely over 5,600 after Greece's debt was downgraded to junk status by ratings agency Standard & Poor's (S&P).
The FTSE 100 opened lower in early trading, falling 0.24% or 13.76 points to 5740.09, despite a raft of positive earnings announcements.
Investec Structured Products has begun marketing its latest round of plans including kick-out deals.
The FTSE 100 fell 0.16% to 5,774.29 in early trading, despite British Airways shares rising this morning.
The FTSE 100 opened positively, up 0.45% or 25.88 points to 5,753, despite food retailers dragging on the index.
Jubilee Financial Products has issued a new structured product which offers exposure to UK equities and inflation.
The FTSE has made modest gains in early trading, boosted by the buoyant performance of US stocks yesterday and strong economic data from China.