With $20 billion in AUM “Deutsche X-trackers platform has increased by approximately 365% since year end, and continues to be among the fastest growing exchange-traded fund (ETF) franchises in the US,” according to a statement issued by the firm. [Currency Hedged ETFs Lift This Issuer]
“Some analysts note the lack of funds that address specific concerns. There are no Chinese currency-hedged equity exchange-traded funds, according to ETF.com, for instance, thanks to factors including the Chinese government’s role in setting the yuan exchange rate,” according to the Journal.
However, a spate of new products have come to market this year. State Street Global Advisors, PowerShares and ProShares have all launched their first currency hedged ETFs in 2015 while WisdomTree, Deutsche AWM and iShares have expanded already large linups.
On July 1, iShares unveiled 11 new currency hedged ETFs while Deutsche added two currency hedged industry funds earlier this year.
WisdomTree Europe Hedged Equity Fund