UBS Makes ETF History

ETF TIMES June 25-29: UBS launched an additional 66 ETFs in London this week, bringing the London Stock Exchange's total ETP listings to over 1,000

Lee Davidson 29 June, 2012 | 7:18PM
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UBS Makes History with Launch of 66 ETFs in London
On Thursday, UBS launched 66 exchange-traded funds (ETFs) on the London Stock Exchange setting the record for number of new launches in a single day on the LSE. The new launches push the number of exchange-traded products trading on the London Stock Exchange to more than 1,000. UBS will reportedly list 49 physically replicated ETFs and 17 synthetic ETFs in an effort to satisfy demand from investors who have different preferences for replication methods.  

Swiss & Global Launches 4 'Smart Equity' ETFs in Germany
Swiss & Global Asset Management launched four 'Julius Baer Smart Equity ETFs' on the Deutsche Börse offering global, emerging market, Asian, and European equity exposure through an actively managed strategy. Swiss & Global's active management strategy employs both technical and fundamental analysis in order to select and weight equities.

iShares Lists 3 ETFs in Italy
iShares listed three ETFs this week on the Borsa Italiana offering targeted exposure to both equities and sovereign debt from Germany. The two iShares equity ETFs track the DAX and MDAX indices comprising Germany's top 30 and 50 largest companies by market capitalization, respectively. Additionally, iShares listed the iShares eb.rexx Government Germany ETF aiming to deliver the performance of the 25 largest and most liquid euro-denominated German government bonds with maturity ranging from 1.5 to 10.5 years.

UBS Launches Two ETFs in Germany
Last Friday, UBS launched two exchange-traded funds (ETFs) tracking Asia Pacific ex-Japan and UK equities on the Deutsche Börse. The UBS-ETFs track the MSCI Pacific (ex-Japan) index and the FTSE 100 respectively.

db X-trackers Expands ETF Range in London
This week, db X-trackers listed four ETFs on the London Stock Exchange. The ETFs track the performance of Pakistani, Bangladeshi, Japanese and US equities. While db x-trackers already has ETFs tracking the MSCI Japan and S&P 500 indices, these newly-launched ETFs offer investors the same equity exposure but remove the foreign exchange risk through a GBP currency-hedge.

Source and PIMCO Team Up to Launch German Sovereign Bond ETF
Source has launched a new ETF on the Deutsche Börse that is designed to closely correspond to the Markit iBoxx € Germany and will be managed by PIMCO. The new Source ETF will target German sovereign bonds denominated in euros with a residual maturity of at least one year and outstanding volume of EUR 2 bn or more.

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Lee Davidson

Lee Davidson  is Head of Manager and Quantitative Research.

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