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Tag: ETFs

Angel Broking introduces smallcase services for thematic investments in equities and ETFs

Angel Broking introduces smallcase services for thematic investments in equities and ETFs

Finance
Empowering its customers to build their long-term equity portfolio with superior transparency and professionally managed stock baskets, Angel Broking Ltd. has now integrated smallcase offerings into all of its platforms. The latest integration will enable Angel Broking customers to purchase curated baskets of stocks or ETFs based on an objective, theme, or strategy. Smallcases are portfolios of stocks/ETFs that are created & managed by India's top SEBI-registered advisors and research professionals. All investments are based on a market opportunity derived from an objective, theme, or strategy such as 'Smart Beta', 'Thematic and Sectoral', 'All-Weather Investing', and ETF-based smallcases alongside others. These smallcases can be further categorized based on their risk exposure and the...
‘Heavy inflows in equity ETFs and debt funds pushes mutual fund AUM up’

‘Heavy inflows in equity ETFs and debt funds pushes mutual fund AUM up’

Finance
A massive rally in the equity markets since May bringing in heavy inflows into equity ETFs and open-ended debt funds has helped mutual fund AUM grow 17 per cent to top the Rs 31-lakh-crore-mark in 2020, which is 1 percentage point lower than 2019, according to a report. During the year, the 44-player industry has added Rs 4.5 lakh crore to the AUM, while in 2019 it grew 18 per cent from Rs 22.86 lakh crore in 2018, when it had grown only 7.5 per cent, as per Crisil data. In 2017, the industry rallied 32 per cent and added over Rs 5.4 lakh crore in AUM. In the decade ending 2019, it had grown from Rs 8.52 lakh crore to Rs 27.6 lakh crore in 2019, an over three-fold jump. In December, the industry clipped at 3 per cent to take the overall AUM to Rs 31.02 lakh crore mark. "A buoyant run-up...
The next big thing in ETFs could give a boost to long suffering active investors

The next big thing in ETFs could give a boost to long suffering active investors

Finance
Traders work on the floor of the New York Stock Exchange (NYSE) on January 10, 2020 in New York City.Kena Betancur | Getty ImagesActive portfolio managers could get some help in the battle against passive investing if a new kind of financial instrument gains traction with investors: the "nontransparent ETF."A nontransparent ETF is an exchange-traded fund that — unlike traditional ETFs — would not disclose what its actual holdings are on a daily basis. Instead, some nontransparent ETFs will publish a portfolio with other stocks that is representative of the underlying strategy. Other nontransparent ETFs will make their holdings available without giving the away the exact weighting of each holding.Previously, traditional mutual-fund managers have been hesitant to put their strategies into ET...
You may soon get to invest in bond ETFs

You may soon get to invest in bond ETFs

Finance
Bond exchange traded funds (ETF), similar in structure and intent to the stock ETF, could debut soon in India, where the government is seeking to enhance liquidity in debt investments and expand the scope for retail savings. New Delhi had floated a Request for Proposal (RFP) to appoint advisors for creating the bond ETF market, which is now beginning to rival stock ETFs in their depth and maturity overseas. The bidding closed May 16. Among the likely bidders is the Mumbai-based Trust Capital, three people familiar with the matter told ET. The Department of Investment and Public Asset Management (DIPAM), which invited the tender for appointing the advisor, did not confirm the number of bidders in the race. Sources, however, said that Trust Capital may have been the only company to file the ...
Bitcoin led the best-performing ETFs this year

Bitcoin led the best-performing ETFs this year

Finance
The research director behind one of 2017's top-performing exchange-traded funds is still betting on bitcoin and electric, self-driving cars.Thanks to an early investment in the Bitcoin Investment Trust (GBTC), Ark Web x.0 ETF (ARKW) and the Ark Innovation ETF (ARKK) are the two best-performing ETFs this year, according to a report last week from ETF.com. At the time, the ETFs were up 95 percent or more for the year. They remained about 85 percent higher on Friday.Ark's director of research Brett Winton said the company isn't cashing out on bitcoin yet."We hold bitcoin in the portfolio not because we think we're more nimble than other people, but because we think we have a better long-term understanding," Winton said in a phone interview with CNBC last week."We see a young asset class like ...