Mintos expands its reach and officially debuts in France and the Netherlands
March 15, 2024--Following its successful entrance in Germany, Italy and Spain, Mintos, the multi-asset platform offering a unique mix of alternative and traditional investment options, continues its European rollout by making its official debut in the French and Dutch investment markets. Since its founding in 2015, the platform has attracted over 500,000 users across Europe. Authorised by MiFID, the company currently manages over 600 million euros in assets under administration.
Investment Trends in France and the Netherlands
According to a recent survey conducted by AMF in France in collaboration with the European Union through the OECD*, nearly 1 in 4 French individuals report owning investments in financial instruments or crypto-assets. The survey reveals that new investors are primarily driven by the desire to diversify their savings, with 35% citing this as their primary reason for investing. An overwhelming 90% of investors believe that maintaining their investments over the long term will yield profitable returns.
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Source: Mintos
Wood's ARK Plans Launch of 3 Active ETFs in Europe
March 8, 2024--Cathie Wood's ARK Invest Europe will launch three active ETFs next month, including a version of its flagship $7.5bn ARK Innovation ETF (ARKK), according to comments from Stuart Forbes, head of ARK Invest Europe, at a recent webinar.
ARK, which manages eight U.S. exchange traded funds in the U.S. managing $13.1 billion, and acts as sub-advisor on another six funds, entered the European market in September with the acquisition of Rize ETF.
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Source: finance.yahoo.com
Figment, Apex to List Ether and Solana Staking ETPs on SIX Swiss Exchange
March 7, 2024--Interest in ETH and SOL has increased substantially over the past few months and the ETPs will contribute to greater access to staking rewards for a wide audience, Figment said.
Figment Europe and Apex Group plan to list Ethereum and Solana staking ETPs on SIX Swiss Exchange next week.
The ETPs will allow investors to take exposure to ether and solana prices while earning staking rewards, including maximum extractable value.
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Source: coindesk.com
New crypto ETN from Valour & Bitcoin Suisse on Xetra: access to the basket of leading crypto assets
March 6, 2024--Since Wednesday, a new crypto ETN from Valour Digital Securities in cooperation with Bitcoin Suisse has been tradable on Xetra and via the trading venue B&oum;rse Frankfurt.
The 1Valour STOXX Bitcoin Suisse Digital Asset Blue Chip ETN tracks the performance of the STOXX Digital Asset Blue Chip X Index.
This index is currently composed of the following nine leading crypto assets, which are classified as blue chips in terms of quality, activity, robustness, and financial strength: Aave, Bitcoin, Cardano, ChainLink, Cosmos, Ethereum, Polygon, Ripple and Tron.
The weighting of the individual crypto assets is based on market capitalisation, considering a cap of 30 per cent. The ETN, which is physically backed by the individual crypto assets, has been admitted to the Regulated Market of the Frankfurt Stock Exchange and is centrally cleared via Eurex Clearing.
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Source: Xetra
Deutsche Boerse launches regulated spot platform for crypto assets
March 5, 2024--Crypto trading on the new Deutsche Börse Digital Exchange (DBDX) for crypto assets goes live
Regulated spot crypto asset trading platform is targeted at institutional clients
Crypto Finance and DBDX provide a complete crypto ecosystem and value chain for institutional trading, settlement, and custody of crypto assets
Deutsche Börse Group, one of the world's leading exchange organisations, has launched the Deutsche Börse Digital Exchange (DBDX), a crypto spot platform for institutional clients. DBDX offers a fully regulated and secure ecosystem for trading, settlement and custody of crypto assets that leverages the existing connectivity to market participants.
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Source: deutsche-boerse.com
HSBC AM expands thematic range with India tech ETF
March 5, 2024--Tracks S&P India Tech index
HSBC Asset Management has expanded its thematic technology line-up with an India tech UCITS ETF, tracking the S&P India Tech index.
The HSBC S&P India Tech UCITS ETF will have exposure to companies with a market cap of at least $300m that generate at least 80% of their revenue from digital technology, communication, and software related businesses, as classified by FactSet's Revere Business Industry Classification System.
HSBC AM said it was a "more diversified index than solely IT companies" as its revenue-based approach also captures technology-oriented companies from various sectors.
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Source: investmentweek.co.uk
ETC Group launches best in class Ethereum Staking ETP on XETRA
February 27, 2024--ETC Group is proud to unveil its latest ETP listed on Deutsche Börse XETRA, the ETC Group Ethereum Staking ETP (ticker ET32; ISIN DE000A3G90G9), a total return exchange-traded product that tracks the Compass Ethereum Total Return Monthly Index.
Specifically tailored to meet the rigorous requirements of institutional investors, the ETC Group Ethereum Staking ETP offers superior outcomes compared to alternative staking offerings and other similar ETPs on the market.
It is the first real institutional-grade, low-cost, liquid, and transparent staking ETP, anchored to a genuine benchmark to ensure optimal investor outcomes.
Tracking the Compass Ethereum Total Return Monthly Index as benchmark
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Source: ETC Group
Official Statistics: Forecasts for the UK economy: February 2024
February 27, 2024--A comparison of independent forecasts for the UK economy in February 2024.
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Source: gov.uk
ECB-Monetary developments in the euro area: January 2024
February 27, 2024--Annual growth rate of broad monetary aggregate M3 stood at 0.1% in January 2024, after 0.2% in December 2023 (revised from 0.1%)
Annual growth rate of narrower monetary aggregate M1, comprising currency in circulation and overnight deposits, stood at -8.6% in January, compared with -8.5% in December
Annual growth rate of adjusted loans to households stood at 0.3% in January, compared with 0.4% in December
Annual growth rate of adjusted loans to non-financial corporations decreased to 0.2% in January from 0.5% in December
Components of the broad monetary aggregate M3
The annual growth rate of the broad monetary aggregate M3 stood at 0.1% in January 2024, after 0.2% in December, averaging -0.2% in the three months up to January. The components of M3 showed the following developments. The annual growth rate of the narrower aggregate M1, which comprises currency in circulation and overnight deposits, stood at -8.6% in January, compared with ‑8.5% in December.
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Source: ECB
ESMA Working Paper-ESG funds during the 2020 COVID-19 market turmoil: performance and flows-ESG funds outperformed and received higher net flows than their non-ESG peers
February 24, 2024--Summary:
In this paper we analyse the performance and flows of ESG active equity UCITS funds relative to their non-ESG peers in a period of financial distress, corresponding to the first wave of COVID-19. Compared to other crisis events in the recent past, it has the advantage of looking at a complete exogenous shock affecting the economic and financial market as a whole.
An analysis of performance and flows of EU ESG funds versus EU non-ESG funds during stressed market conditions has been lacking so far. Moreover, it is a first attempt to address the heterogeneity within the cohort of active funds with some active funds significantly outperforming compared to others. The main findings confirm this hypothesis and show that ESG funds outperformed and received higher net flows than their non-ESG peers.
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Source: ESMA