New commodity ETF from L & G on Xetra: access to the broad commodities sector via futures contracts excluding agriculture and livestock

April 25, 2024--Since Thursday, a new exchange-traded fund issued by Legal & General Investment Management has been tradable on Xetra and and Börse Frankfurt since Friday.
The L&G Multi-Strategy Enhanced Commodities ex-Agriculture & Livestock UCITS ETF offers investors access to the performance of a basket of commodities from the energy, industrial and precious metals sectors via futures contracts with different maturity dates. The agricultural and live cattle sector is not included.

The ETF is fully collateralised. As futures contracts have a limited maturity, they are usually closed before expiry and rolled over into a new contract with a later maturity. Depending on whether the futures contract purchased is cheaper or more expensive than the futures contract sold, roll gains or roll losses are realised.

Name: L&G Multi-Strategy Enhanced Commodities ex-Agriculture & Livestock UCITS ETF

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ESMA publishes latest edition of its newsletter

January 9, 2025-- The European Securities and Markets Authority (ESMA), the EU's financial markets regulator and supervisor, has today published its latest edition of the Spotlight on Markets Newsletter.

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Amundi to shut its original 'multi' smart beta ETF

January 8, 2025--The fund made returns of nearly 20% last year but has failed to retain sufficient assets to be 'economically efficient'
Amundi is to close a multi-strategy smart beta exchange traded fund, the product it launched to enter the space a decade ago.

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​ESMA launches selection of the Consolidated Tape Provider for bonds

January 3, 2025-- The European Securities and Markets Authority (ESMA), the EU's financial markets regulator and supervisor, is launching the first selection procedure for the Consolidated Tape Provider (CTP) for bonds. Entities interested to apply are encouraged to register and submit their requests to participate in the selection procedure by 7 February 2025.

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ECB-Monetary developments in the euro area: November 2024

January 2, 2025--Annual growth rate of broad monetary aggregate M3 increased to 3.8% in November 2024 from 3.4% in October
Annual growth rate of narrower monetary aggregate M1, comprising currency in circulation and overnight deposits, increased to 1.5% in November from 0.2% in October
Annual growth rate of adjusted loans to households stood at 0.9% in November, compared with 0.8% in October

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