New equity ETFs from SPDR on Xetra: Access to high-quality companies from the US and worldwide

December 9, 2024-Since Monday, two new exchange-traded funds from State Street Global Advisors have been tradable via Xetra and Börse Frankfurt.
The SPDR S&P 500 Quality Aristocrats UCITS ETF measures the performance of U.S. companies with higher quality characteristics than the S&P 500 Index. To do this, the selected companies must first have a positive free cash flow (FCF) over several years.

The 100 companies that have the highest rating of FCF margin and FCF yield on a 5-year average are then selected.

The SPDR S&P Developed Quality Aristocrats UCITS ETF uses the same approach with the S&P Developed LargeMidCap Index as it's main index, investing in 100 large and mid-cap companies from developed markets that have the highest quality rating of FCF margin and FCF return.

These are accumulating share classes in which the returns are reinvested.

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.

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.

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.

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