Solactive Industry 4.0 Index Has Been Launched!
August 14, 2018--Solactive is pleased to announce the launch of the Solactive Industry 4.0 Index, an index tracking the performance of companies that are operating in any of the following segments: Advanced Robotics, Augmented Reality & 3D Printing, Cloud & Big Data, Cyber Security and Internet of Things (IoT) (together the "Index Categories").
From each of the five index categories the index selects the top 10 companies based on the market capitalization and/or their R&D to Sales ratio. Each of the five index categories and their individual components are weighted equally.
Industry 4.0 is the interconnection and total automatization of a factory towards an autonomous machine economy in which machines interact with each other without human intervention. With 3D printing, fabrication of components becomes much more flexible, cost effective, distributed, and on-demand.
view more
Source: Solactive AG
STOXX licenses fully automated Blockchain Index to Coincapital
August 14, 2018--STOXX Ltd., the operator of Deutsche Boerse Group's index business and a global provider of innovative and tradable index concepts, has licensed the STOXX(R) Yewno Developed Markets Blockchain Index to Toronto, Canada-based Coin Capital Investment Management Inc. (Coincapital).
The index uses artificial intelligence to select its constituents. It is comprised of companies from a wide range of industries that invest heavily in the development of blockchain-related technologies, and are therefore considered to be well-positioned to benefit from their increased adoption. The key criterion used in the selection process is patent filings related to blockchain intellectual property (IP). This makes it possible to identify both blockchain innovators and adopters.
view more
Source: STOXX
Thomson Reuters-Monday Morning Memo: Has ESG gone mainstream?
August 13, 2018--The announcement that the world's largest fund management company-BlackRock-will require its fund managers to consider environmental, social, and governance (ESG) criteria in their investment decision-making process has been discussed widely in the trade press over the last few days.
But what does this move mean for investors and specialized responsible/sustainable investment products as a whole?
First of all, it needs to be said that BlackRock was not the first asset manager to launch such an initiative for its portfolio managers; other leading fund management companies such as the German DWS (formerly Deutsche Asset and Wealth Management), the Swiss UBS, and others launched such initiatives before the U.S. giant did.
view more
Source: Detlef Glow, Thomson Reuters
Environmental risk heats up for pension investors
August 12, 2018--Pension funds across Europe are belatedly waking up to the threats to their investment portfolios posed by climate change, according to Mercer.
view more
Source: FT.com
Franklin Templeton drops out of European top 20
August 11, 2018--Investors flee New York-listed group over performance concerns
Franklin Templeton has fallen out of a list of the 20 biggest mutual fund managers in Europe in a huge blow for the $734bn investor that once ranked among the continent's most popular investment houses.
view more
Source: FT.com
Treasury gets 'no-deal' Brexit plans ready for City
August 10, 2018--The Treasury has said that it will soon start putting in place contingency arrangements in case Britain leaves the European Union without a deal for the financial services industry.
In an update on its Brexit planning, the Treasury said yesterday that while financial services businesses should plan for a two-year transition deal after the March 2019 exit, it was also working on preparations for a no-deal Brexit.
view more
Source: thetimes.com
LSE ETP July 2018 Monthly Report
August 9, 2018--Listings
19 new ETFs were listed in July 2018, making a total of 243 new ETPs listings in 2018.
There are now 1097 ETFs (available as 1,615 lines through multi-currency offerings) and 487 ETCs/ETNs (available as 580 lines) on our London market.
On 2nd July, the iShares Physical Gold ETF (IGLN) had the highest order-book turnover on London Stock Exchange (£318mn). It traded more than any other stocks on our order-books.
HSBC launched the HSBC MSCI China A Inclusion UCITS ETF which offers exposure to Chinese A shares, something that was previously only available to Chinese citizens. This was HSBCs first ETF listing since 2014.
iShares launched 5 ETFs in July, 4 of which were fixed income. One example is the iShares Global AAA-AA Govt Bond UCITS ETF which offers exposure to an index composed of local currency bonds issued by governments of developed countries.
WisdomTree launched 2 multifactor ETFs and 2 Japanese small cap ETFs.
UBS launched 4 new ETFs, one of which is the UBS Global Gender Equality ETF which tracks the Solactive Equileap Global Gender Equality 100 Leaders Index.
view more
Source: London Stock Exchange Group
Legal & General to launch European ETFs by year end
August 9, 2018--More and more big-name firms are emerging to do battle for assets in Europe's booming market for exchange traded funds
Legal & General Investment Management, the UK's largest fund manager, will begin chasing money in Europe's fiercely competitive market for exchange traded funds before the end of the year.
LGIM acquired Canvas, a £2.4bn platform that helps fund managers build ETF products, last November. It said at the time that it wanted to target opportunities in Europe, where the ETF market is dominated by the likes of BlackRock's iShares, Lxyor Asset Management and Deutsche Bank's Xtrackers.
view more
Source: fnlondon.com
ECB Economic Bulletin-Update on economic and monetary developments
August 9, 2018--The information that has become available since the Governing Council's monetary policy meeting on 14 June indicates that the euro area economy is proceeding along a solid and broad-based growth path.[1]
Uncertainties related to global factors, notably the threat of protectionism, remain prominent, and the risk of persistent heightened financial market volatility continues to warrant monitoring. However, the risks surrounding the euro area growth outlook can still be assessed as broadly balanced.
view more
Source: ECB
Unscheduled free-float adjustment of Grammer AG in SDAX
August 9, 2018--Changes to be effective as of 14 August 2018
On Thursday, Deutsche Börse announced an unscheduled change to the SDAX index. Due to acquisition of Grammer AG (DE0005895403) by Jiye Auto Parts GmbH the free float of Grammer AG changed by more than 10 percentage points.
According to the Guide to the Equity Indices of Deutsche Börse AG, section 5.1.5., the company's free float will be adjusted in the index from the current 62.64 percent to 14.19 percent. These changes will become effective on 14 August 2018. The next scheduled index review is 5 September 2018.
view more
Source: Deutsche Börse Cash Market