ESMA assesses the risks posed by the use of leverage in the fund sector

April 24, 2025-The European Securities and Markets Authority (ESMA), the EU's financial markets regulator and supervisor, today publishes its annual risk assessment of leveraged alternative investment funds (AIFs) and its first analysis on risks in UCITS using the absolute Value-at-Risk (VaR) approach.

Both articles represent ESMA's work to identify highly leveraged funds in the EU investment sector and assess their potential systemic relevance.

While most EU investment funds make limited use of leverage, a subset of AIFs are substantially leveraged, and a group UCITS using the absolute VaR approach has very high levels of gross leverage.

Risk assessment of leveraged AIFs shows that hedge funds display the highest levels of leverage, even though they represent a small part of the EU fund industry. view more

ESMA assesses the risks posed by the use of leverage in the fund sector

Europe and Central Asia: Accelerate Growth through Entrepreneurship, Technology Adoption, and Innovation

April 23, 2025—Economic growth in the developing economies of the Europe and Central Asia region is likely to slow, says the World Bank's Economic Update for the region, released today. Regional growth is now expected at 2.5% in 2025-26 owing to weaker external demand and a slowdown in Russia.

ETF and ETP listings on 23 April 2025: new on Xetra and Boerse Frankfurt

April 23, 2025-The Robeco 3D EM Equity UCITS ETF is actively managed and invests in equities of companies from emerging markets. The goal is to achieve above-average returns through quantitative optimisation in the form of a 3D strategy based on risk, return, and sustainability.

ETF and ETP listings on 17 April 2025: new on Xetra and Borse Frankfurt

April 17, 2025--The Amundi Global Corporate Bond UCITS ETF invests globally in fixed-rate corporate bonds denominated in local currency and have an investment grade rating. They must have a minimum residual maturity of one year.

ETF and ETP listings on 16 April 2025: new on Xetra and Borse Frankfurt

April 16, 2025--The iShares S&P 500 3% Capped UCITS ETF invests in the 500 largest U.S. companies from the leading industries of the U.S. economy, with no single company accounting for more than 3 per cent of the index weighting.
The Franklin S&P 500 Screened UCITS ETF invests in the current 408 largest U.S. companies in the S&P 500 Index that are considered environmentally conscious and socially responsible.

Bitwise expands institutional-grade access to Bitcoin and Ethereum with four ETP listings on London Stock Exchange

April 16, 2025-Bitwise adds London as trading hub for four of its European products, providing access to its best-in-class crypto ETPs for UK professional investors.
Products to be traded at LSE include Bitwise Core Bitcoin ETP, Europe's only Bitcoin ETP with extended primary market liquidity window and 0,20% TER, and the Bitwise Physical Bitcoin ETP with approximately 5-year track-record.

The Circular Economy in Cities and Regions of the European Union

April 15, 2025-Abstract
The transition to a circular economy is critical for achieving sustainable development, resource efficiency, and building a resilient future for all. Over the past decade, the European Union (EU) has demonstrated an unprecedented commitment to advancing a circular economy, advocating for action at national, regional and local level. However, most economies remain predominantly linear.

ESMA publishes implementing rules on Liquidity Management Tools for funds

April 15, 2025--The European Securities and Markets Authority (ESMA), the EU's financial markets regulator and supervisor, is publishing today the draft Regulatory Technical Standards (RTS) and a final report on the Guidelines (GL) on Liquidity Management Tools (LMTs).

ESMA publishes latest edition of its newsletter

April 15, 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.