Invesco Launches Two Corporate Bond ETFs

Invesco Launches Two Corporate Bond ETFs

Invesco launched two new ETF entries as a part of their BulletShares suite on Thursday, Sept. 12. The Invesco BulletShares 2027 High Yield Corporate Bond ETF and the Invesco BulletShares 2029 Corporate Bond ETF (BSCT n/a) have now found their way to the NYSE. Both funds seek to track the investment results of their respective indexes. BSJR is based on the Nasdaq BulletShares USD High Yield Corporate Bond 2017 Index. The fund will invest at least 80% of its total assets in corporate bonds comprising the index. The fund does…

Barkindo: OPEC Learned a Big Lesson From the Attack

Date: 2019-09-16 10:21:06 Sep.16 — OPEC Secretary General Mohammad Barkindo discusses the attack on the Saudi oil facility over the weekend, his conversation with the Saudi authorities, what they’re telling customers, what the attack means for the OPEC+ deal, the possibility of an emergency OPEC meeting, Iranian Oil, OPEC’s strategy for more attacks, the U.S. tapping the SPR, global oil reserves and the implications for the Saudi oil market. He speaks exclusively on “Bloomberg Markets: European Open.”

Value ETF Demand & Returns Grow

There are a lot of people looking for signs that value stocks are back in the game, ready to outperform their growth counterparts after a decade or so of trailing them. Last week, when markets seemed to punish some of the year’s leaders, such as growth and momentum strategies, as well as gold and even some Treasury funds, all eyes turned to the underdog, value. Is now the time? ETF asset flows, while modest, would help corroborate the idea that investors are back to embracing value. Flows are a good…

phonepe: Flipkart-owned PhonePe first non-bank to enable UPI-based IPO bidding

Mumbai: The National Payments Corporation of India (NPCI) has given the nod to Walmart-backed PhonePe to allow its customers to make their bids for Initial Public Offerings (IPOs) through the UPI platform. This will make PhonePe the first non-bank to facilitate such transactions since the capital markets regulator Sebi and payments governance body NPCI allowed retail investors to make their offers through the hugely popular UPI channel. However, only banks were given the mandate to facilitate these transactions. “Earlier, the customers had to provide their account details and IFS code…