UK suffers from ‘index-cloning epidemic’, Stocks shr...


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Financial Times
FTfm ETFs
Tuesday October 01 2013

Exchange Traded Funds
 
UK suffers from 'index-cloning epidemic'
The IMA, the industry trade body, has rejected claims investors have been mis-sold active funds following an 'epidemic' of index cloning
http://link.ft.com/r/3JFELL/RPXYTG/NSVWP8/7Z77NT/OFQSM1/N9/h?a1=2013&a2=10&a3=1
 
Stocks shrug aside US shutdown
Global equities gain ground as markets take the view that the US government shutdown will be shortlived, while the dollar benefits from robust data
http://link.ft.com/r/3JFELL/RPXYTG/NSVWP8/7Z77NT/1OHGJV/N9/h?a1=2013&a2=10&a3=1
 
Bestinvest shunts investors from iShares to Vanguard
Bestinvest has given the Vanguard S&P 500 ETF a three-star buy rating and recommended it to customers as a replacement for rival iShares fund
http://link.ft.com/r/3JFELL/RPXYTG/NSVWP8/7Z77NT/B4A7HW/N9/h?a1=2013&a2=10&a3=1
 
T Rowe lends gravitas to upstart active ETFs
T Rowe Price is requesting approval from the SEC to offer active exchange traded funds that do not disclose portfolio holdings daily
http://link.ft.com/r/3JFELL/RPXYTG/NSVWP8/7Z77NT/EKM48R/N9/h?a1=2013&a2=10&a3=1
 
Predictable rump of passive money doomed
The widespread use of index tracking made sense once, but it is creating systemic risk now, as it perpetuates mistakes throughout the market
http://link.ft.com/r/3JFELL/RPXYTG/NSVWP8/7Z77NT/K9DI2U/N9/h?a1=2013&a2=10&a3=1
 
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