Primary listing of new Amundi ETFs on Xetra
March 12, 2019--Since Tuesday, nine Exchange Traded Funds of Amundi are tradable via Xetra and Börse Frankfurt for the first time in Europe.
Five equity ETFs give investors the opportunity to participate in the performance of large and medium-sized companies.
Investors can choose between the regions Europe, Eurozone, Japan, USA and developed countries worldwide.
With four bond ETFs, investors have access to corporate and government bonds from Europe, the USA or worldwide.
To the bond ETFs:
The Amundi Prime Euro Corporates UCITS ETF DR allows investors to invest in Euro investment grade corporate bonds from companies worldwide.
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Source: Deutsche Börse Group
FinTech adoption 'driving bank business goals'
March 12, 2019--The majority of banks felt that the implementation of an institutional FinTech solution had contributed towards achieving business goals by lowering operational costs (87 per cent) as well as improving regulatory compliance (67 per cent).
This is according to a survey carried out among 10 banks and 142 FinTechs by ING UK and Illuminate Financial between December and January 2019, which found that 40 per cent of FinTechs agreed that reducing operational costs was the primary driver for banks adopting tech solutions, followed by improving regulatory compliance (21 per cent).
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Source: FStech
Invesco Elwood Global Blockchain ETF To Start Trading On The London Stock Exchange
March 11, 2019--The Invesco Elwood Global Blockchain ETF will start trading on the London Stock Exchange on Monday. The investment management company, with over $800 billion in assets under management, will be launching the "world's biggest blockchain-focused ETF"
According to ZeroHedge, the exchange-traded fund will include a portfolio of 48 different companies with exposure to blockchain technology; including Taiwan Semiconductor Manufacturing- which supplies cryptocurrency mining machine manufacturers with chips- and the CME Group- the first regulated US exchange to launch bitcoin futures. Other firms like Apple, Intel, and Advanced Micro Devices (AMD) will also be a par ETF and each will have a 65 basis points management fee.
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Source: www.btcwires.com
IMF Staff Country Reports-Belgium: 2019 Article IV Consultation
March 11, 2019--Summary:
Since the global crisis, Belgium has experienced nine consecutive years of economic growth. Per capita GDP has surpassed pre-crisis levels, and unemployment is at its lowest level in four decades. The financial sector has also undergone structural changes and increased its resiliency to shocks.
But some challenges remain, related to the high public debt level, a still fragmented labor market, sluggish potential growth, and rising cyclical financial vulnerabilities.
view the IMF Staff Country Reports-Belgium: 2019 Article IV Consultation
Source: IMF
Amun AG completes initial funding round bringing on board a number of experienced industry figures
March 11, 2019--Amun AG, a Swiss fintech aiming to facilitate access to crypto-asset investments,
has completed its first funding round, bringing on board a number of experienced industry figures including
Adam Draper, Founder of Boost VC, Graham Tuckwell, Founder of ETFS Capital, Greg Kidd, Co-Founder of
Hard Yaka as well as four family offices.
Amun is a technology platform for creating crypto indices and issuing crypto products, in addition to listing,
settling, and custody of physically-backed crypto products on public exchanges.
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Source: Amun.com
Lyxor-Our China A ETF is ahead of its time
March 11, 2019--Index provider MSCI recently announced its intention to increase the weight of onshore China A shares in its broad Emerging Market and China benchmarks using a 3-step inclusion process starting this May and ending in November. China A large-cap inclusion will ultimately increase from 5% to 20%, and China A mid-caps will also be added for the first time with a 20% inclusion factor.
Accordingly, on 22 March COB, the index of our physically replicated China A shares ETF will switch from the MSCI China A Onshore Net Total Return Index to the new MSCI China A Net Total Return Index. We believe this is the best reflection of how the future China A Shares building block will look post November 2019.
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Source: Lyxor
Amun AG choosing Solactive to provide Index Calculation for the World's First physically backed Bitcoin and Ethereum ETP
March 11, 2019--Solactive is pleased to announce that Amun AG, the issuer the first two physically-backed crypto-currencies single-coin exchange-traded products, Bitcoin (BTC) ETP [Ticker: ABTC] and Ethereum (ETH) ETP [Ticker: AETH], has chosen Solactive’s ETF Services Department to perform the IOPV calculation and Portfolio Composition File (PCF) creation.
These ETPs grant investors the opportunity to participate in the performance of both the world's most prominent cryptocurrency Bitcoin and smart-contracts platform Ethereum. The collaboration signifies Solactive’s ability to stretch beyond conventional index provider's capabilities to process exotic indices, which lie outside of traditional assets classes such as Equities and Fixed Income.
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Source: Solactive
IMF Policy Paper-Corporate Taxation in the Global Economy
March 10, 2019--Summary:
The policy paper Corporate Taxation in the Global Economy stresses the need to maintain and build on the progress in international cooperation on tax matters that has been achieved in recent years, and in some respects now appears under stress.
With special attention to the circumstances of developing countries, the paper identifies and discusses various options currently under discussion for the international tax system to ensure that countries, and in particular low-income countries, can continue to collect corporate tax revenues from multinational activities.
view the IMF Policy Paper-Corporate Taxation in the Global Economy
Source: IMF
Deutsche Bank begins talks over merger with rival Commerzbank
March 10, 2019--Union would form Europe's second largest bank and a rival to HSBC
Deutsche Bank has begun tentative merger talks with rival Commerzbank, which would create Europe's second biggest bank behind HSBC and fend off unwanted potential bidders such as French giant BNP Paribas.
Reports in Germany's Welt am Sonntag suggest that the banks have come under political pressure to consider a merger and avert a foreign takeover of Commerzbank, much the smaller partner in any deal.
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Source: theguardian.com
Monday Morning Memo: ESG a new paradigm for the European Investment Industry?
March 10, 2019--Following the news about product releases and trends in the European fund industry, one may get the impression sustainable investing is the new hot topic in the industry since there are funds with a sustainable investment objective launched every week.
Some observers may already see an inflationary use of the terms environmental, social and governance (ESG) and socially responsible investing (SRI). In addition to the specialist funds, an increasing number of asset managers state they have the so-called non-financial data integrated into their research and portfolio management systems so analysts and portfolio managers can use the data within their decision-making processes.
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Source: Refinitiv
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