L&G fires in tracker fund price battle, US equities ...


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Financial Times
FTfm ETFs
Tuesday April 09 2013

Financial Times - Exchange Traded Funds
 
L&G fires in tracker fund price battle
Legal & General has cut charges on some of its index funds amid growing interest in passive investment strategies
http://link.ft.com/r/73UJGG/IEULQI/8ANBW9/628MJ9/6ARPBQ/QR/h?a1=2013&a2=4&a3=9
 
US equities overcome early caution
Chinese inflation data ease concerns about possible monetary tightening in world's second-biggest economy as attention turns to US earnings
http://link.ft.com/r/73UJGG/IEULQI/8ANBW9/628MJ9/1OEJUW/QR/h?a1=2013&a2=4&a3=9
 
IShares tests the waters for active ETFs
The world's largest exchange traded fund company registers the launch of two products
http://link.ft.com/r/73UJGG/IEULQI/8ANBW9/628MJ9/20QR1I/QR/h?a1=2013&a2=4&a3=9
 
Lower compensation for State Street CEO
State Street chief executive Joseph Hooley's total compensation dipped 3.5 per cent last year, to $15.6m
http://link.ft.com/r/73UJGG/IEULQI/8ANBW9/628MJ9/XBKEF2/QR/h?a1=2013&a2=4&a3=9
 
Beware the costs of actively managed funds
Only a small band of managers consistently outperform index benchmarks, with successes often diluted once client fees are taken into account
http://link.ft.com/r/73UJGG/IEULQI/8ANBW9/628MJ9/NRV7KC/QR/h?a1=2013&a2=4&a3=9
 

ETF Central in FTfm Alchemy
 
Price war salvo from L&G
Further reading for ETF investors... 

Price war salvo from L&G 

ETP gold holdings at seven-month low 

Commodity ETPs bleed 

New from VelocityShares: emerging markets dipositary receipts 

New from Alps: international dividends 

New from 7IM: smart beta commodities 
http://link.ft.com/r/73UJGG/IEULQI/8ANBW9/628MJ9/6ARPBW/QR/h?a1=2013&a2=4&a3=9

 
ETF population dwindling
Further reading for ETF investors... 

ETF population dwindling 

Enhanced beta, enhanced fees 

Strong asset growth for Asia ETFs 

NYSE critical of SEC's tech protections 

New Nigeria ETF, same old Nigeria problems 

New from SEI: active ETFs 
http://link.ft.com/r/73UJGG/IEULQI/8ANBW9/628MJ9/YGDQNC/QR/h?a1=2013&a2=4&a3=9

 
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Turning outflows around

Bank-owned asset managers have seen a net outflow of funds in the last few years. Sandro Pierri, chief executive of Pioneer Investments, owned by Italy's UniCredit, discusses with FTfm's Ruth Sullivan his new role and how funds are being won back.


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