Australia

Addressing the popular demand for foreign investment options, Deustche Asset and Wealth management has expanded its suite of international currency-hedged exchange traded funds to hone in on more targeted slices of the global market. According to a press release, DeAWM launched six new currency-hedged ETFs, including: Deutsche X-trackers MSCI EAFE Small Cap Hedged Equity ETF […]

This article was written by Brent Bates, a portfolio manager with the Invesco International Growth team, focusing on large- and mid-cap Asia Pacific and Latin American equities. Economic growth continues to decelerate across the Asia Pacific region. Domestic economies have not been robust enough to offset weakness in commodities and exports, and both revenue and […]

Warren Buffett has put his stamp of approval on Australia’s outlook, and investors who want exposure to the market can look through a number of country-specific exchange traded funds. Buffett stated that he will spend over $2 billion per year to build out an Australian equities portfolio, reports Nyshka Chandran for CNBC. “If you come […]

The fifth month of the year has arrived and with that has come the requisite “Sell in May and go away” chatter. Sell in May talk is usually bandied about by U.S. investors in reference to U.S. equities, but there is an ex-U.S. market, one easily accessed via exchange traded funds, that also merits Sell […]

With aggressive monetary easing policies supporting growth across Europe and Asia, investors can take a look at materials-based economies that help fuel the expansion, along with related international exchange traded funds, Europe, Japan and China are seeing improvements after the governments enacted loose monetary policies to stimulate their economies, writes Scott Colyer, chief executive of […]

Overseas central bank action in Asia could drive markets and exchange traded funds this week as the Reserve Bank of Australia, Bank of Japan and Bank of Korea meet. On Tuesday, many anticipate the Australian central bank to cut its interest rates to help foster growth in response to the fall in commodities prices. Societe […]

One of the biggest defining market movements of 2014 was the shocking decline in commodity prices1 —especially oil. The Bloomberg Commodity Index lost almost 20% of its value over the year. Big Moves Create Big Opportunities Whenever markets are faced with such surprises, the critical question to ask is whether opportunities have been created. When […]

The iShares MSCI Australia ETF (NYSEArca: EWA) is up 1.3% year-to-date, a deceiving performance given the fund’s recent tumble. Since Feb. 25, EWA, the largest U.S.-listed Australia ETF, has plunged nearly 6%, indicating Australian stocks are not responding favorably to ongoing weakness in the Australian dollar. Over the same period, the CurrencyShares Australian Dollar Trust […]

Last week interest rates grinded lower despite relatively better data out of Europe and signs that the U.S. Federal Reserve (Fed) is close to indicating when exactly it will raise interest rates. Read more about this in my weekly commentary. The persistence of low yields is leading investors starved for income to some new places, […]

The easy-money-induced rally has pushed up valuations with many assets beginning to look expensive if not fairly valued. Nevertheless, exchange traded fund investors may still find some pockets of relatively cheap opportunities. “The bottom line on valuations: We have picked the low-hanging fruit and are now high up on an increasingly shaky ladder, reaching for […]

Amid plunging gold and oil prices, some market observers are saying the commodities boom has met its end. Recent disappointments by Australian equities and the corresponding U.S.-listed exchange traded funds seem to be affirming as much. Last month, Australian stocks were the second-worst offenders among developed markets tracked by S&P Dow Jones Indices. The only […]

The foreign exchange market is experiencing greater volatility as global central banks outline diverging monetary policies. Consequently, traders have been taking a greater interest in currency-related exchange traded funds to capture the moves. Traders have been using currency ETF to take short-term bets on shifting global currencies or hedge against depreciating currencies overseas. Most trades […]

Exchange traded funds tracking Australian still have been solid performers in recent weeks, though the funds still labor below the peaks seen earlier this year. After the country’s most recent jobs report, Australia ETFs could soon be making fresh highs. During Thursday’s Asian session, Australia, the world’s 12th-largest economy, said it added a record 121,000 […]

Australian stocks are already among the best developed market performers this year, but that is not stopping some observers of the worlds twelfth-largest economy from forecasting more upside. Last week, Credit Suisse boosted its year-end price target for the benchmark S&P/ASX 200 to 6,000 from 5,600, citing the potential for increased mergers and acquisitions activity, […]

While smart-beta index-based exchange traded funds are beginning to gain a wider following, the indexing methodology and investment strategies are still somewhat of a black box. Consequently, there is still an urgent need to educate investors on the relatively new products. On the recent Multi-Factor Index Investing webcast, Scott Conlon, portfolio strategist for State Street […]

Exchange traded funds tracking European and emerging markets equities have been in focus through much of 2014, but among those funds tracking foreign markets, Australia ETFs should not be getting lost in the shuffle. Although stocks in the world’s 12th-largest economy trade near record valuations, Australian equities have rewarded investors this year. The iShares MSCI […]

Record low interest rates in Australia are encouraging investors to gobble up stocks in the world’s 12th-largest economy despite record valuations and some exchange traded funds are benefiting. Over the past 90 days, Australia’s benchmark S&P/ASX 200 has climbed nearly 7%. Now, the index trades at 15.3 times estimated earnings compared to 12.7 times for […]

After the Reserve Bank of Australia Governor pointed to a shift toward domestic consumption-oriented economic growth, Australian dollar currency exchange traded funds strengthened Wednesday, with the Aussie rising to a four-month high. The CurrencyShares Australian Dollar Trust (NYSEArca: FXA) rose 0.7% Wednesday and is up 3.0% year-to-date. RBA Governor Glenn Stevens sees signs that the […]

ETF Spotlight on the PIMCO Australia Bond Index ETF (NYSEArca: AUD), part of an ongoing series. Assets: $25.9 million Objective: The PIMCO Australia Bond Index ETF tries to reflect the performance of the BofA Merrill Lynch Diversified Australia Bond Index, which provides exposure to Australian dollar-denominated, investment-grade bonds. Holdings: Top holdings include New S. Wales […]

As has been well-documented, global dividends reached $1.03 trillion last year. Emerging markets pitched in on that growth, contributing $1of $7 of that total, according to Henderson Global Investors. U.S. stocks were prodigious raisers of payouts as well with dividends paid by S&P 500 members rising to a record of nearly $312 billion. [Inflation Fighting […]

The iShares MSCI Australia ETF (NYSEArca: EWA) lagged the S&P 500, the iShares MSCI New Zealand Capped ETF (NYSEArca: ENZL) and scores of other developed markets ETFs last year. That despite the best efforts of the Reserve Bank of Australia, which has slashed borrowing rates by 225 basis points since late 2011. After an extended […]

Add Australia to list of development markets disappointments to start 2014. Dating back to late 2011, the Reserve Bank of Australia pulled out plenty of rate-cutting stops to jolt the world’s 12-th largest economy. The result is Australia now has a benchmark interest rate of 2.5%, a record low. RBA’s rate cuts have had the […]

The Australian economy, the world’s 12th-largest, has enough superlatives attached to it make other developed markets green with envy. Australia is into a multi-decade streak of dodging recessions. That despite the fact the economy there is heavily dependent on materials exports. Australia also sports a benchmark interest rate of 2.5%, which is low by the […]

The world view in Sydney is quite different than in New York.  No one is worried or disgusted with the US government’s recent shutdown or debt ceiling follies – in fact only a few even comment about it. Likewise much of the anxiety American analysts suffer about the unemployment rate, weak GDP growth and “policy […]

WisdomTree is expanding its line of currency-hedged equity exchange traded funds to include an international dividend growth opportunity, helping investors diversify and protect against swings in the Forex market. According to a SEC filing, the WisdomTree International Hedged Dividend Growth Fund will try to reflect the performance of the similarly named WisdomTree International Hedged Dividend […]

Australian equities have defied conventional wisdom this year. During Monday’s Asian session, the benchmark S&P/ASX 200 hit a five-year high. Stocks in the world’s 12th-largest economy have climbed despite some trying times for emerging markets (China is Australia’s largest export market), slack commodities demand, a dollar that is broadly considered overvalued and concern that other […]

Just a few months removed from being the currency short du jour for hedge fund managers and financial titans like George Soros, the Australian dollar has been in rally mode for several weeks. At this writing, AUD/USD trades around 0.9540, near its highest levels since May. That is good news for the CurrencyShares Australian Dollar […]

If one focused his/her attention solely on year-to-date performance, he/she might eschew foreign stock ETFs altogether. With the S&P 500 SPDR Trust (SPY) and the iShares S&P Mid-Cap 400 (IJH) garnering 18% and 22% respectively, who needs to dabble in emerging markets? After all, Vanguard Emerging Markets (VWO) registered a dismal 9-month showing of -8%. […]

Beset by sliding commodities demand, a falling currency, mediocre economic data and fears of Federal Reserve tapering, the iShares MSCI Australia ETF (NYSEArca: EWA) has been a disappointment this year with a loss of nearly 8%. In fairness to EWA, the fund has perked up in the past month, gaining 4.7% as the weak Aussie […]

The Australian dollar is the second-worst performing developed market currency in the world this year behind the yen, a fact affirmed by the 13.7% tumble by the CurrencyShares Australian Dollar Trust (NYSEArca: FXA). In theory, the weakening Aussie should have been good news for stocks in the export-heavy country. That has not been the case. […]