Seeking Alpha

Seeking Alpha Portfolio App for iPad

2,761 people get VWO articles and Market Currents by email alert.

Get email alerts on VWO »

VWO

Vanguard FTSE Emerging Markets ETF

6/19/2013, 10:40 PM ET

Quote & Headlines Market Currents StockTalk

All
| Earnings
| Dividends
| M&A
| On the move

Tuesday, June 18, 8:54 AM "The biggest contrarian play in the market today is assets linked to China (FXI, CAF)," says Michael Hartnett, summarizing BAML's latest Fund Manager Survey, which shows money flowing out of commodities (DBC) and emerging markets (EEM, DEM, VWO). Where's the money going? The eurozone and the U.S. Where it's not going is fixed-income (AGG, BND) - 50% of managers say they're now underweight bonds as opposed to 38% last month. Comment!
Tuesday, June 11, 9:18 AM The EEM slides 1.9% and the VWO -1.8% premarket amid panicky selling overnight in emerging markets. The sector treaded water for most of the year, but began a steep turn downward about one month ago, and is now underperforming the S&P by about 2,400 basis points YTD. There's no premarket action in the DEM, but it's tracking the other 2 popular emerging market ETF plays. 3 Comments [Global & FX, On the Move]
Tuesday, June 11, 5:45 AM The rout in emerging markets has continued today, with the South African rand (EZA) sliding 1.6% to 10.35 to the dollar, the yield on 10-year government bonds jumping 27.5 bps to 8.17%, and the JSE Top 40 sinking 1.8%. Meanwhile, Thai shares lost 4.5%, Indonesia 3.9% and the Philippines 4.6%. (See rupee hits record lows) Comment! [Global & FX, On the Move]
Friday, June 7, 5:30 PM After-hours top gainers, as of 5:15 p.m.: EQIS +6%. GFA +5%. VWO +4%. DLR +3%. HILL +2%.
After-hours top losers: MIND -16%. UAL -7%. SQNM -4%. PBI -3%. ADBE -3%. Comment! [On the Move]
Monday, May 20, 9:47 AM UBS' 5 "suspected" asset bubbles: 1) Risk-free rates - specifically Treasurys (TLT), Bunds (BUND, BUNL), JGBs (JGBL, JGBT, JGBD, JGBS) 2) Credit (HYG, JNK) 3) Real estate in Asia (WPS) 4) Certain EM equity markets (EIDO, IDXJ, EPHE, THD, EWW) 5) Australian banks (WBK, NABZY.PK, ANZBY.PK, CMWAY.PK). Comment!
Tuesday, May 14, 10:42 AM "Contrarians should start buying emerging markets (EEM, DEM, VWO) and think about global energy (XLE) and material companies (XLB) and commodities (DBC)," says BAML's John Bilton, noting a "marked uptick" in concern about China (FXI, CAF) in his firm's latest fund manger survey. One-in-four now consider a Chinese hard landing as the biggest risk to their investment. Where respondents are not fearful? Japan (EWJ, DXJ). (previous) 4 Comments [Global & FX, Commodities]
Tuesday, May 14, 8:59 AM GMO's 7-year asset allocation model for U.S. stocks (VTI) is now predicting negative returns, says James Montier, presenting at the London Value Conference, and telling the audience GMO is now 50% in cash. Liking Europe (VGK, EZU, FEZ) a year ago, the big run has GMO less excited now. The best value could be emerging markets (EEM, DEM, VWO), but China's property bubble has GMO allocating less to EM than its models suggest. 14 Comments [Global & FX]
Friday, April 19, 9:18 AM Shanghai posted its biggest gain in a month, +2.1% as regulators look to lure more money into stocks, mulling plans to allow A shares to be added to well-known international indexes, including the MSCI Emerging Markets Index (EEM, VWO). FXI +2.9%, Morgan Stanley China A Share Fund (CAF) +5% premarket. 1 Comment [Global & FX, On the Move]
Tuesday, April 16, 11:00 AM BAML's fund manager survey shows a slide in exuberance with just 49% of respondents expecting a stronger global economy in the next year - a 12 point drop from last month. Particularly noteworthy is the 30-point, 2-month decline in emerging market (EEM. DEM, VWO) confidence - at the lowest level in 2 years and with a small majority now underweight. 1 Comment
Monday, April 8, 3:17 PM VelocityShares launches 3 emerging market ETFs comprised exclusively of depository receipts (DRs) listed in developed countries. The funds cover broad Emerging Market DRs (EMDR), Emerging Asia DRs (ASDR) and Russian DRs (RUDR). By sticking to DRs, the 3 new funds are far more concentrated in their holdings than existing ETFs in the space (example, EMDR has 305 holdings vs. 1,280 for IEMG). The 0.65% charged by the funds means they're generally pricey relative to established competitors like IEMG/VWO (0.18%), EEM (0.66%), SCHE (0.15%), GMF (0.59%), RSX (0.62%) and ERUS (0.60%). Comment!
Wednesday, March 27, 12:28 PM Emerging markets have been big underperformers in 2013 and outflows from their ETFs (EEM, VWO) have picked up speed in recent days. Single country ETFs are beginning to see spillover, with EWZ and RSX notable for redemption activity of late. Every single one of the top 7 single-country components of the MSCI EM Index (EEM) is down YTD. Comment! [Global & FX]
Friday, March 22, 12:09 PM Western markets are mostly marking time alongside the events in Cyprus, but emerging market debt continues a downtrend begun some time ago with the EMB hitting an 8-month low today. It's likewise with equities - off more than 5% YTD, EEM, VWO, and DEM are getting smoked by the SPY. 2 Comments [Global & FX]
Friday, March 22, 4:29 AM President Obama's historic visit to Israel (which continues through today) appears to have sparked Israeli markets, in the midst of a global sell-off. iShares MSCI Israel (EIS) is +1.03% over the recent 5-day period, with global counterparts trailing behind over the same period: SPY -1.51%, EFA -1.51%, ACWI -1.62%, EEM -3.14%. Comment!
Thursday, March 21, 9:42 AM Vanguard FTSE Emerging Markets ETF (VWO) announces quarterly distribution of $0.058. For shareholders of record Mar. 26. Payable Mar. 28. Ex-div date Mar. 22. Comment! [Dividends]
Tuesday, March 19, 11:01 AM More on the BAML survey: Just 14% of respondents expect the Chinese economy to be stronger a year from now, representing "one of the sharpest falls in this reading in the survey's history." The thinking is behind a shift out of emerging equity markets (EEM. DEM, VWO) and into developed - notably the U.S. and Japan. It also coincides with a sharp correction in Chinese stocks (FXI, CAF) over the last month. 1 Comment [Global & FX]
Saturday, March 2, 8:43 AM Along with the bull market are wealth managers continuing to ratchet up their exposure to equites at the expense of bonds and cash, according to Penta's latest survey which shows recommended stock allocations rising to 48% from 45% a year ago. Also of interest are the swings in foreign stock holdings - in favor in 2011, out in 2012, and popular again this year. Comment!