Opinion

Articles & Columns Sharing Views from Our Contributors

Novelty ETFs are dead, liquidation data shows

18th January 2019

A lot of people talk about the expansion of the ETF industry. But an aspect that gets less attention is the growing numbers of ETFs that are dying off and […]

ETF transparency and liquidity are welcome in stressed markets

by , 16th January 2019

The phenomenal rise in ETF adoption looks extraordinary. But viewed in the context of any technology upgrade – from tape to CD, from CD to MP3 – there’s nothing outstanding about […]

Why value ETFs continue to fail

by , 14th January 2019

Summary Smart beta Value ETFs are relatively homogenous Some show high exposures to other equity factors, which may represent risk Excess returns from smart beta are significantly lower than long-short […]
Nicolas Rabener

Victims of 2018 – emerging markets

by , 7th January 2019

As 2018 drew to a close, it was fair to say that it had been a tough year for all asset classes – something like 80-90% of assets look set […]
John Stepek

Five ETF takeaways from 2018

by , 31st December 2018

Like Santa pulling a last forgotten present from the bottom of his sack, ETF Stream is delighted to bring you some of the key takeaways from the past 12 months, […]
Scott Longley

The private equity mirage

by , 18th December 2018

Summary Private equity returns can be replicated with small cap equities Small, cheap and levered stocks would have achieved higher returns since 1988 Valuation and debt multiples are at all-time-highs, […]
Nicolas Rabener

Are ETFs best in a downward trending market?

by , 28th November 2018

The longest bull run in history could be nearing its end as volatility rises and major US stock markets correct, wiping out their gains this year. But how will ETFs […]
Rebecca Hampson

Helping smart beta by reducing turnover

by , 26th November 2018

Summary Portfolio turnover of equity factors can be reduced significantly by trading more conservatively However, reducing turnover does not necessarily increase risk-return ratios It all depends on transaction costs Introduction Turnover […]
Nicolas Rabener

Switzerland’s crypto ETF: one step forward, two steps sideways

20th November 2018

Summary: A new cryptocurrency ETP listed in Switzerland this week, trading under the ticker HODL. A physically-backed crypto ETP is a step forward and helps resolve the custody problem, which […]

What’s in a name? – an ESG polemic

by , 14th November 2018

In response to BlackRock iShares recent high profile move into ESG funds, Mark Northway from Sparrows Capital suggests that naming conventions on ESG matter – and that BlackRock are confusing […]
Mark Northway, Sparrows Capital