Hints and tips:
...Rosenbluth said $2.2bn was withdrawn from the iShares MSCI Emerging Markets ETF (EEM) and $1.2bn from the iShares JPMorgan USD Emerging Markets Bond ETF (EMB), something he attributed to October being a...
...The cost to borrow has also surged higher for other large ETFs including Invesco’s QQQ, which tracks the Nasdaq index, BlackRock’s EEM, the largest emerging markets ETF and BlackRock’s IWM, which tracks...
...However, net investor outflows from EEM were relatively modest at just $34m....
...In any case, here’s a good proxy for the outflows out of iShares’ EEM MSCI fund, by means of shares outstanding: The good news is that for once the outflows actually favour the ETF investors who are doing...
...BlackRock’s flagship emerging markets ETF, known as EEM, costs about 2 basis points to trade in the US but about 20bp in Europe....
...Meanwhile, the directly competing iShares ETF, known as EEM, took in $8.9bn over the same period. Inflows into VWO had been running well ahead of EEM in the first nine months of 2012....
...Analysts have also questioned if Vanguard has made a strategic mistake as the index switch appears to have benefited the directly competing emerging markets ETF offered by iShares, known as EEM....
...EEM has been overtaken in terms of assets by a directly competing product from Vanguard, known as VWO....
...But EEM attracted inflows of $1.3bn in October, even though its management fee remains significantly more expensive than VWO....
...Vanguard has gradually reduced VWO fees from 30 basis points when it was launched in 2005 to 20bp, while EEM charges 67bp....
...So BlackRock might decide it is more worthwhile to reduce fees on products other than its emerging markets ETF, known as EEM, as it then would have to forgo “only” $164m in management fees to match Schwab...
...The largest emerging markets ETF, Vanguard’s VWO, attracted inflows of $1.5bn while its direct rival, iShares EEM, only managed to attract $89m....
...Vanguard’s VWO gathered inflows of $2.4bn in February, compared with $1.4bn for EEM, the direct rival product from iShares....
...choice for US investors in the first quarter was VWO, the Vanguard MSCI Emerging Markets ETF, which gathered $6.4bn, more than double the $2.7bn inflows attracted by its direct rival from iShares, known as EEM...
...More than half of this year’s inflows have been grabbed by the two giants of the emerging markets ETF universe, Vanguard’s VWO and iShares EEM....
...Vanguard’s VWO, based on the MSCI emerging markets index, was the fastest growing US ETF last year with inflows of $7.8bn while EEM, a direct rival run by iShares, suffered outflows of $6.8bn....
...An improvement in risk appetite was evident from strong inflows into emerging markets ETFs – Vanguard’s VWO lead the product league table with inflows of $3.2bn while rival iShares’ EEM fund grabbed $1.3bn...
...That was in spite of big outflows ($8.5bn) from the iShares emerging markets ETF (known as EEM) which has suffered as a result of a price war with the rival Vanguard emerging markets ETF (known as VWO) which...
...Among the ETFs included in the breaker pilot are the two largest stock ETFs by market value, the $70bn SPDR S&P 500 ETF Trust, symbol SPY, and $42bn iShares MSCI Emerging Markets Index Fund, symbol EEM....
...That was followed 25 milliseconds later by the selling of $100m worth of ‘top’ ETFs such as SPY, DIA, QQQQ, IVV, IWM, SDS, XLE and EEM....
...But no doubt flow numbers show that HF’s are using EM ETFs as a way to quickly raise risk levels; note EEM up a staggering 24.3% in March (that’s 1784% annualized)....
International Edition