Theresa May is said to face calls to quit after Brexit
February 23, 2019--Theresa May must resign as British prime minister and Conservative leader later this year after delivering Brexit, according to politicians at the highest levels of her own government.
May has promised her party she will stand down before the next general election, slated for 2022, but she's likely to face pressure to go within the next three months.
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Source: FIN24
B-Hive Europe launches a Fintech Landscape Report, B-Lens, together with Roland Berger and Sirris
February 22, 2019--B-Hive, the collaborative innovation platform, together with Roland Berger, one of the leading global consultancy firms, and Sirris, the collective center for and by the technological industry, has published B-Lens 2.0, a fintech landscape report that takes a look at the state of financial services and fintechs in Belgium and Europe.
The survey is based on research conducted by B-Hive Europe as well as data collected by Roland Berger and Sirris. The results showed that most fintechs have focused on the banking and insurance sectors to find potential clients while the fintechs thought their key differentiators included the digitized business models, short time-to-market and convenient processes. For international expansion, France, Belgium, Germany and the UK were the most favorable destinations in Europe.
view the B-Hive European Fintech Landscape Report, B-Lens 2.0
Source: b-hive.eu
New Vanguard ETFs on Xetra: Investment Grade Government and Corporate Bonds
February 21, 2019--Both bond ETFs include investment grade bonds with a maturity of more than one year.
Since Thursday two Vanguard ETFs are tradable via Xetra and Börse Frankfurt.
The two bond ETFs give investors access to euro-denominated government bonds within the eurozone and euro-denominated corporate bonds worldwide.
Name: Vanguard EUR Eurozone Government Bond UCITS ETF-(EUR) Accumulating
Asset Class: Bond ETF
ISIN: IE00BH04GL39
Ongoing charges: 0.12 per cent
Distribution policy: Accumulating
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Source: Deutsche Börse Group
Account of the monetary policy meeting of the Governing Council of the European Central Bank
February 21, 2019--Held in Frankfurt am Main on Wednesday and Thursday, 23-24 January 2019
1. Review of financial, economic and monetary developments and policy options
Financial market developments
Mr Cœuré reviewed the latest financial market developments. In the first few weeks of 2019 volatility had remained elevated across different market segments, in particular in equity and commodity markets.
Brent oil prices had declined further after the Governing Council's previous monetary policy meeting on 12-13 December 2018 but had since recovered. The volatility in oil prices was evidence of the heightened geopolitical uncertainty and its impact on oil supply, as well as concerns about the global growth outlook and its impact on oil demand.
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Source: ECB
Deutsche Borse increases transparency in ETF trading
February 21, 2019--New key indicator provides information on trading costs over the course of the trading day
Deutsche Börse is providing ETF investors with a new key indicator: The iXLM (intraday Xetra liquidity measure) provides information on how trading costs of an ETF have developed over the course of a trading day. This allows investors to deduce the period in which the trading costs of an ETF were particularly low and to take this information into account for future decisions.
The individual key indicator is available for all ETFs traded on Xetra.
Implicit trading costs amount to a significant part of the total trading costs. By taking the iXLM into account, investors can save on average up to 30 percent of these costs in ETF trading, depending on the time of day," says Stephan Kraus, responsible for the ETF segment at Deutsche Börse.
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Source: Deutsche Börse Group
Forecasts for the UK economy: February 2019
February 20, 2019--A comparison of independent forecasts for the UK economy in February 2019.
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Source: HM Treasury
EBA publishes Consumer Trends Report for 2018-19
February 20, 2019--The European Banking Authority (EBA) published today its Consumer Trends Report for 2018 and 2019. The Report covers the trends and issues related to retail banking products and services that fall within the EBA's consumer protection mandate, such as mortgages, consumer credit, deposits, payment accounts, payment services and electronic money.
The Report also provides an overview of the topical issues identified in 2018/19 that impact or may impact consumers.
The 2018/19 edition of the consumer trends Report is more extensive than previous editions as it provides a comprehensive quantitative assessment of the trends and a qualitative description of each retail banking product or service within the EBA's consumer protection scope. It also outlines the related issues and the applicable legislative and regulatory framework, including the measures the EBA has undertaken to address them.
view the EBA-EBA CONSUMER TRENDS REPORT 2018/19
Source: EBA
ETFGI reports ETFs and ETPs listed in Europe gather US$9.79 billion during January 2019
February 20, 2019--ETFGI, a leading independent research and consultancy firm covering trends in the global ETF/ETP ecosystem, reported today that ETFs and ETPs listed in Europe gathered net inflows of US$US$9.79 billion in January.
Assets invested in the European ETF/ETP industry finished the month up 6.83%, from US$767.78 billion at the end of December, to US$820.23 billion, according to ETFGI's January 2019 European ETF and ETP industry landscape insights report, an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)
Highlights
Assets invested in the European ETF/ETP industry rise 6.83% in January.
During January 2019, ETFs/ETPs listed in Europe attracted US$9.79 Bn in net inflows.
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Source: ETFGI
STOXX expands its thematic index offering
February 20, 2019--STOXX Ltd., the operator of Deutsche Boerse Group's index business and a global provider of innovative and tradable index concepts, has launched seven new thematic indices. They cover a broad array of themes: housing construction, industry 4.0, millennials, sharing economy, silver economy, smart cities, and smart factory.
With these new launches STOXX is now offering 16 revenue-based thematic indices.
"Thematic investing continues to attract strong capital flows as investors target disruptive megatrends with above-average growth outlooks. At STOXX we have advanced thematic investing since 2016 and are delighted to extend our thematic menu to include a variety of new concepts," said Inderpal Gujral, STOXX Head of Product.
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Source: Stoxx
WisdomTree appoints director of Research Fixed Income
February 19, 2019--WisdomTree has expanded Fixed Income Research and Strategy team with the appointment of Lidia Treiber as director of Research in Europe.
In her role, Treiber will lead the Fixed Income Research in Europe, deepening the WisdomTree's fixed income capabilities and ensuring that investors receive up-to-date, expert insight into global developments in this asset class.
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Source: investmenteurope.net