In trading on Wednesday, the PowerShares S&P SmallCap Materials (NYSE:PSCM) is outperforming other ETFs, up about 5.93% on the day. Also up on the day are the Read more…

MUAB, NYSE:PFI, NYSE:PSCM, PQZ, SLV, UBG

On June 23, 2011, PowerShares Actively Managed Exchange-Traded Fund Trust announced the scheduled liquidation of the two ETFs (each a “Fund” and collectively, the “Funds”) listed below. Read more…

PQY, PQZ

Invesco PowerShares Capital Management LLC, a leading global provider of exchange-traded funds (ETFs) with more than $60 billion in franchise assets, announced changes to its PowerShares family, one of the broadest in the marketplace today. In a continuing effort to proactively address the Read more…

PQY, PQZ

ActiveETFs | InFocus spoke with David O’Leary, who is the Chief Investment Officer for AER Advisors. AER is the portfolio manager behind two actively-managed ETFs from Read more…

PQY, PQZ

The daily transparency required of actively-managed ETFs in the US has been one of the main selling points of these new products, while at the same time being probably the biggest hurdle Read more…

NYSE:DENT, NYSE:GRV, ONEF, PQY, PQZ

In trading on Tuesday, the PowerShares DB Base Metals Fund (DBB) is outperforming other ETFs, up about 4.32% on the day. Also up on the day are the Market Vectors Read more…

IDX, NYSE:DBB, NYSE:EIRL, NYSE:EWA, PQZ, PWO, UNG

“By now, many investors are familiar with the index approach to exchange-traded funds, in which a single security seeks to capture the diversity of a broader swath of stocks. But a growing portion of Read more…

PQY, PQZ

“Exchange Traded Funds (ETFs) have taken hold as one of the most popular investments on the market today. Now, with global assets in ETFs estimated to hit $1 trillion by 2010, a new class of actively managed ETFs is poised to become the next big thing for your portfolio Read more…

ETF BASIC NEWS, MCRO, NYSE:GVT, PQZ

Ian Salisbury from the  online WSJ  reports that ”BlackRock Inc.’s (BLK) plan to buy exchange-traded fund powerhouse Barclays Global Investors has prompted speculation the combined entity could dominate the active ETF business. There’s one hitch: so far, active ETFs have been a flop.” 

“It’s too early to tell exactly how BlackRock plans to approach ETFs. But it has hardly been shy about highlighting the potential benefits of marrying its expertise as a stock- and bond-picker with Barclays’ more hands-off indexing approach,” Ian Salisbury Reports.  Read more…

ETF BASIC NEWS, PLK, PMA, PQZ

Over the last several months, a number of actively-managed ETFs have been launched. These investment vehicles are essentially a hybrid of traditional mutual funds and ETFs, providing many of the benefits that have boosted the ETF industry (lower fees, greater transparency and flexibility, etc.), while implementing an active trading strategy in an attempt to outperform a market benchmark. While truly actively-managed ETFs (i.e., funds that permit managers discretion in trading) are a relatively new innovation, actively-managed ETFs have technically been around for some time, pioneered by PowerShares, which launched several funds in 2008.

Not Quite Active, Not Quite Passive
PowerShares’ actively-managed ETFs are unlike traditional ETFs in that they do not attempt to track any type of benchmark. Rather, the composition of these funds is generally determined by a two-step process:  Read more…

PQZ

Actively managed exchange-traded funds haven’t attracted assets as quickly as some have expected, but that hasn’t slowed the race to expand ETFs beyond their index-tracking roots.

Most ETFs defined as actively managed are still quantitative and formulaic. Still, the first to qualify as actively managed in the traditional sense — using analysis and known stock pickers — have already come to market, and more are on the way.

ETFs are baskets of securities that trade like individual stocks. Their structures generally offer cost and tax advantages over conventional mutual funds as well as more transparency because they disclose their holdings daily.  Read more…

PLK, PMA, PQY, PQZ, PSR