AltaVista adds ETFs to research universe
Specialist Exchange Traded Fund (ETF) research house, AltaVista Research, announced last week it had added eight newly-issued ETFs to its research universe.
The company said the four new funds included Market Vectors funds (MVB, MVA, MVR and MVE), three International funds from State Street Global Advisors (WEMG, WDIV and DJRE) and Vanguard's new Emerging Markets ETF (VGE).
It said the new ETFs on offer were a welcome step forward and were likely to engender more confidence in ETF investment because they created a wider and deeper universe of funds available.
"Advisors are now able to select from a growing number of 'peer' ETFs," the company said.
"There are now three Emerging Markets ETFs, three Domestic Property ETFs and four Resources ETFs to select from."
It claimed that with the new funds available, advisors could deliver better outcomes when delivering ETF cores for clients.
AUTHOR
Staff Writer
Recommended for you
Underestimating the cost of insurance by almost $75,000 in a Statement of Advice is among multiple reasons that a relevant provider has faced action from the FSCP.
Over half of wealth management clients in Asia-Pacific say they are looking for more advice in investment and financial planning services, according to EY, and may switch or add new providers to achieve this.
As artificial intelligence continues to reshape how the advice industry operates, Adviser Ratings unpacks which areas advisers are using the technology to improve the client experience.
Insignia Financial has appointed the former APAC head of a global asset manager to its board.
