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.
Recommended for you
With Insignia shares up 32 per cent in the past month and the firm enacting a five-year growth plan, Morningstar believes the two recent acquisition bids from private equity firms demonstrate the company is undervalued.
As financial advisers enter the new year, Assured Support shares eight strategies to help advice businesses thrive through focused and consistent planning.
Insignia Financial has received a takeover bid from a second US firm, topping Bain Capital’s offer with a bid of $4.30 per share.
As the year comes to an end, Money Management takes a look at the biggest announcements that shocked the financial advice industry in 2024.
