ETFs

Investor Profile

Michigan looks to ETFs for ease of exposure

Customised ETFs are the new active management according to Jeb Burns the chief investment officer of MERS of Michigan which is using ETFs for about a third of the fund. Among other things its using ETFs to effectively tilt towards macro themes the team is currently researching.

Amanda WhiteJuly 13, 2021

Asset Classes

Texas’ ERS to boost alternatives

The $29 billion Employees Retirement System of Texas will add to its alternatives portfolio over four years and wants small managers to represent 10 per cent of its active mandates.

Sarah RundellMay 25, 2018

Opinion

Beware the hidden dangers of exotic ETFs

When an exchange-traded fund isn’t closely matched by its underlying components, liquidity can dry up, credit risks can emerge, and other factors can eat away at expected returns.

Jeremy SpiraMay 5, 2017

Uncategorised posts

‘Asset class alpha’, and sector ETFs

A large percentage of the outperformance of private equity can be replicated by using sector exchange traded funds, according to new research.

Amanda WhiteDecember 11, 2015

Uncategorised posts

Edhec warns of narrow focus on ETF risks

European regulators should focus on ensuring transparency of risk and disclosure about costs and returns to create a level playing field for all financial products, rather than focusing on the potential risks of exchange-traded funds (ETFs), EDHEC-Risk Institute has warned.

SAM RILEYJanuary 18, 2012

Research

How passive investing increases market vulnerability

This new research, to be published in the FAJ, shows that the rise in popularity in indexing, through passive mutual funds and ETFs, contributes to higher systematic market risk. It shows, consistent with the accelerating growth of passive investing, that equity betas have not only risen but converged in recent years.

August 31, 2011