Europe ETP News Older Than 1 year-If your looking for specific news, using the search function will narrow down the results
BNP Paribas Asset Management Launches THEAM Quant Europe Climate Carbon Offset Plan, The First UCITS Fund Established Under French Law* With A Carbon Offset Mechanism
March 29, 2019--A Major Innovation: The Fund Aims To Combine Financial Returns From The European Equity Market With A Positive Impact On Climate Change.
THEAM Quant Europe Climate Carbon Offset Plan is managed using a systematic investment strategy designed to capture the performance of European liquid equities with high Environmental, Social and Governance (ESG) standards and selected according to their carbon footprint and the robustness of their energy transition strategy. The fund also aims to offset the carbon footprint of this investment strategy (Scope 1 and Scope 2 emissions); this offsetting of the carbon footprint can be considered as partial.
ESMA updates AIFMD Q&As
March 29, 2019--The European Securities and Markets Authority (ESMA) has today updated its Questions and Answers on the application of the Alternative Investment Fund Managers Directive (AIFMD).
ESMA has added two new Q&As on calculation of leverage under AIFMD.
The Q&As provides clarification on:
the treatment of short-term interest rate futures for the purposes of AIFMD leverage exposure calculations according to the gross and commitment methods;
New First Trust-ETF on Xetra: eurozone shares
March 29, 2019--Since Friday, a new Exchange Traded Fund of First Trust is tradable via Xetra and Börse Frankfurt.
The First Trust ETF-First Trust Eurozone AlphaDEX UCITS ETF offers an investment in the performance of companies from eurozone countries.
The benchmark index is the NASDAQ AlphaDEX Eurozone Index: a balanced index with the aim of achieving a higher return than the classic NASDAQ Eurozone Index through a rule-based selection methodology. The weighting of the benchmark index takes into account asset and growth factors as well as size factors.
The earnings of the equity ETF are reinvested.
Name: First Trust Eurozone AlphaDEX UCITS ETF
Asset class: Equity ETF
ESMA updates on its preparations for a possible no-deal Brexit scenario on 12 April
March 28, 2019--The European Securities and Markets Authority (ESMA) has published a statement updating on its preparations for a no-deal Brexit scenario in view of recent developments on timing.
view more
ESMA provides guidance on the new EMIR Refit regime for the clearing obligation
March 28, 2019--The European Securities and Markets Authority (ESMA) has published today a statement on the Implementation of the new EMIR Refit regime for the clearing obligation for financial and non-financial counterparties.
This statement is addressed to all financial and non-financial counterparties subject to Regulation (EU) No 648/2012 (EMIR).
Turkey's Problems Appear to Be Ring-Fenced
March 27, 2019--Last year, Turkey's economic woes contributed to a febrile international climate that undermined investor confidence in emerging market currencies generally. While the lira's slump at the end of last week shows the nation's challenges persist, this time the issues are ring-fenced, making the drama a purely domestic affair. For now, at least.
There are two big differences that should prevent any new weakness in the lira from becoming contagious. The country's runaway inflation, which peaked at 25 percent, is now back below 20 percent and its huge current account deficit has all but disappeared. Just as important, the central bank has been swift to act after Friday's selloff.
ESMA publishes the first Q&As relating to the Prospectus Regulation
March 27, 2019--The European Securities and Markets Authority (ESMA) has today published a new document containing nine Q&As relating to Regulation (EU) 2017/1129 (Prospectus Regulation).
The Q&As provide clarification on the following issues in relation to the Prospectus Regulation:
The scope of the grandfathering of prospectuses approved under the national laws of Member States implementing Directive 2003/71/EC (Prospectus Directive).
The applicability of the current level 3 guidance concerning the Prospectus Directive after the entry into application of the Prospectus Regulation.
