Invesco sees US$1 billion flow into 7-10 Year US Treasury ETF

Invesco sees US$1 billion flow into 7-10 Year US Treasury ETFInvesco has seen more than US$1 billion flow into its US Treasury Bond 7-10 year UCITS ETF in just over a month after launch, making it one of the fastest-growing ETFs ever to be launched by Invesco in Europe.

The ETF was launched in mid-January as part of a suite of four US Treasury ETFs, which at the time of launch were the lowest cost US Treasury Bond ETFs in Europe. Invesco is offering investors a choice of funds with maturities of either 1-3 years, 3-7 years, 7-10 years or broad exposure across the full maturity spectrum of up to 30 years. The four funds are available to trade in USD or GBP on the London Stock Exchange and have ongoing charges of 0.06% per annum.

Paul Syms, Head of EMEA ETF Fixed Income Product Management at Invesco, said, “We have seen plenty of client interest in our range of low-cost US Treasury ETFs, but with the strongest demand coming in the 7-10 year maturity segment. We think this is due to a more subdued outlook for US interest rates, with investors feeling arguably more confident with the higher yields available further out the maturity spectrum. We expect this demand to continue given the wider market and risk environment and the competitive nature of these products. Highly rated bonds are valued for their ‘safe haven’ status and could be increasingly attractive for any investor who is concerned about recession or market volatility.”

Each of the four US Treasury Invesco ETFs are invested physically in the constituents of the relevant Bloomberg Barclays US Treasury Index. These indices comprise USD-denominated, fixed-rate, nominal debt issued by the US Treasury. A GBP-hedged version of the Invesco US Treasury Bond 7-10 Year UCITS ETF is also available on the LSE with an ongoing charge of 0.10% per annum.

About Invesco

Invesco is an independent investment management firm dedicated to delivering an investment experience that helps people get more out of life. NYSE: IVZ; www.invesco.com

DWS utser ny chef för den nordiska marknaden

DWS utser ny chef för den nordiska marknaden

DWS utser ny chef för den nordiska marknaden. DWS meddelar idag att Thomas Lindahl utsetts till ny nordenchef och chef för DWS kontor i Stockholm.

Lindahl tillträder sin position i mitten av juni 2018.

Lindahl kom till Deutsche Bank år 2000 för att etablera aktieverksamhet i Norden, med inriktning på institutionella kunder i regionen. Han har över 30 års erfarenhet inom finanssektorn i Norden.

Lindahl har tidigare varit chef för Helsingforskontoret med ansvar för den finska marknaden. Han är medlem i den nordiska ledningsgruppen sedan 2007.

Lindahl har lång erfarenheten och ett omfattande lokalt nätverk vilket krävs för att driva den tillväxtstrategi som DWS har i Norden. Han kommer rapportera till Alexander Preininger, chef för institutionell Coverage för EMEA.

– Den nordiska marknaden fortsätter att vara viktig för DWS och utnämningen av Thomas, med sin djupa förståelse för den lokala marknaden och kundbasen, visar vårt engagemang att växa vår verksamhet i regionen, säger Alexander Preininger.

– DWS har alltid levererat innovativa lösningar för sina nordiska kunder och jag ser fram emot att fortsätta detta arbete när vi utvecklar vår verksamhet framåt, säger Thomas Lindahl.

DWS Group

DWS Group GmbH & Co. KGaA (DWS) is one of the world’s leading asset managers with EUR676bn of assets under management (as of 31 Mar 2018). Building on more than 60 years of experience and a reputation for excellence in Germany and across Europe, DWS has come to be recognized by clients globally as a trusted source for integrated investment solutions, stability and innovation across a full spectrum of investment disciplines.

We offer individuals and institutions access to our strong investment capabilities across all major asset classes and solutions aligned to growth trends. Our diverse expertise in Active, Passive and Alternatives asset management – as well as our deep environmental, social and governance focus – complement each other when creating targeted solutions for our clients. Our expertise and on-the-ground-knowledge of our economists, research analysts and investment professionals are brought together in one consistent global CIO View, which guides our strategic investment approach.

DWS wants to innovate and shape the future of investing: with staff from 35 nationalities, speaking more than 75 languages rooted in 22 countries, we are local while being one global team.

Important Notice

This press release has been issued in the UK and approved by Deutsche Asset Management (UK) Limited, a 100% subsidiary of DWS. Deutsche Asset Management (UK) Limited is authorised and regulated by the Financial Conduct Authority.

Any reference to “DWS”, “Deutsche Asset Management” or “Deutsche AM” shall, unless otherwise required by the context, be understood as a reference to Deutsche Asset Management (UK) Limited including any of its parent companies, any of its or its parents affiliates or subsidiaries and, as the case may be, any investment companies promoted or managed by any of those entities.

Past performance is not a guide for future returns.

© Deutsche Asset Management (UK) Limited 2018.