Cryptos Fund, a Quasi-ETF, Is Now Open to Investors
January 23, 2018--The first fund to passively track the CCI30 Cryptocurrency Index
Cryptos Fund allows investors to gain exposure to Cryptocurrencies with reduced risk in a regulated environment.
Cryptos Fund is the brainchild of a team of leading academics, quants and security experts based in Zug, Switzerland. It is designed to passively track the CCI30 index (www.cci30.com), an indicator of cryptocurrencies valuations and the benchmark for the sector.
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Source: Cryptos Fund
ETF Securities adds three new ETFs to its Future Present technology range
January 23, 2018--ETF Securities, one of the world's leading independent providers of Exchange-Traded Funds (ETFs), today launches three new innovative products designed to capture exposure to three unique and evolving technology opportunities.
The ETFS Battery Value-Chain GO UCITS ETF gives investors the opportunity to participate in the growth of companies along the battery value-chain at a time where there is momentum in R&D and production of electric vehicles (EVs).
The ETFS Pharma Breakthrough GO UCITS ETF offers exposure to companies developing treatments for rare diseases. All 3 complement ETF Securities' existing range of Future Present ETFs.
The ETFS Ecommerce Logistics GO UCITS ETF offers exposure to companies benefitting from the digitisation of commerce (e-commerce and m-commerce) and the automation of the logistical supply-chain.
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Source: etfsecurities.com
Amundi ETF posts 50% organic growth in 2017
January 23, 2018--Amundi ETF posts 50% organic growth in 20171
Doubling of net new assets, taking AUM to €38 billion1
Growing retail investor demand for ETFs, boosted by MiFID II
Corporate bonds (Floating Rate Notes, BBB), Emerging Equities and Factor exposures among Europe's most popular ETFs
Amundi ETF, one of Europe's leading providers of ETFs, announces that assets under management grew to €38 billion in 2017, after record inflows of over €10 billion1.
The increase in AuM represents a doubling of net new assets compared to 20161, and was driven by successful investment strategies as well as significant product innovation. Amundi's ETF business expanded twice as fast as the rest of the European market1.
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Source: Amundi
IMF Working Paper-Economic Convergence in the Euro Area: Coming Together or Drifting Apart?
January 23, 2018--Summary:
We examine economic convergence among euro area countries on multiple dimensions. While there was nominal convergence of inflation and interest rates, real convergence of per capita income levels has not occurred among the original euro area members since the advent of the common currency. Income convergence stagnated in the early years of the common currency and has reversed in the wake of the global economic crisis.
New euro area members, in contrast, have seen real income convergence. Business cycles became more synchronized, but the amplitude of those cycles diverged. Financial cycles showed a similar pattern: sychronizing more over time, but with divergent amplitudes. Income convergence requires reforms boosting productivity growth in lagging countries, while cyclical and financial convergence can be enhanced by measures to improve national and euro area fiscal policies, together with steps to deepen the single market.
view the IMF Working Paper-Economic Convergence in the Euro Area: Coming Together or Drifting Apart?
Source: IMF
bitFlyer Launches in Europe and Becomes the World's First Bitcoin Exchange to Be Regulated in Japan, the US and Europe
January 22, 2018--Granted Payment Institution License to Operate in the EU
bitFlyer, the Tokyo-based operator of the world's largest1 Bitcoin exchange, today announced its launch into Europe.
Having been granted a Payment Institution (PI) license to operate in the European Union it has become the first Bitcoin exchange to be regulated in Japan, the US and Europe, making it the most compliant virtual currency exchange in the world.
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Source: bitFlyer EUROPE S.A.
Thomson Reuters-Monday Morning Memo: Mixed-Asset Funds Are Back on European Investors' Menus in December 2017
January 22, 2018--December was the twelfth consecutive month showing a positive picture for long-term mutual funds. European fund promoters enjoyed net inflows into mixed-asset funds (+€8.7 bn), followed by bond funds (+€7.6 bn), alternative UCITS funds (+€3.4 bn), equity funds (+€2.4 bn), and real estate funds (+€0.5 bn).
Meanwhile commodity funds (-€0.01 bn) and “other” funds (-€0.8 bn) faced net outflows.
These fund flows added up to overall net inflows of €21.7 bn into long-term investment funds for December. ETFs contributed €4.7 bn to these inflows.
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Source: Thomson Reuters
VanEck to Acquire Dutch ETF Issuer, Think ETF Asset Management B.V.m to Further Expand its Product Offerings in Europe
January 22, 2018--Number of VanEck-sponsored UCITS-ETFs available in Europe will rise from 6 to 20
The Netherlands joins VanEck's core European markets, which also include Germany, Switzerland, United Kingdom, and Italy
Global asset manager VanEck is acquiring the Dutch ETF issuer, Think ETF Asset Management B.V.("Think"), who manages the sub-funds of ThinkCapital ETF's N.V. VanEck signed the share purchase agreement on Friday with the prior
owners of Think-BinckBank N.V.- Flow Traders N.V., and the senior management of Think.
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Source: VanEck
Flow Traders nominates two additional Management Board members
January 19, 2018--The Supervisory Board of Flow Traders N.V. ("Flow Traders") (Euronext: FLOW) intends to nominate Folkert Joling and Thomas Wolff as additional members of the Management Board of Flow Traders. The Dutch Central Bank granted regulatory approval. Flow Traders will propose the appointment to its shareholders at the upcoming AGM, scheduled for 26 April 2018.
Folkert Joling is nominated as Chief Trading Officer. He joined Flow Traders in 2006 as a Trader. He became Head of Trading in 2011 and joined the Management Board of Flow Traders B.V. in 2016.
Thomas Wolff is nominated as Chief Technology Officer. He joined Flow Traders in 2009, became Global Head of Technology in 2013 and joined the Management Board of Flow Traders B.V. in 2016. Before joining Flow Traders, Thomas Wolff worked for 9 years at an independent trading software vendor.
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Source: Flow Traders N.V.
New ETF Listing on Euronext-AMUNDI MSCI EUR DR
January 19, 2018--Euronext is pleased to announce that Amundi AM will list 1 new ETF on 23/01/2018:
ISIN: LU1437015735
ETF Trading Name: AMUNDI MSCI EUR DR
ETF Symbol: CEU2
Venue: Euronext Amsterdam
Underlying index: MSCI Europe
TER (%): 0,15
Euronext now offers 759 Trackers listed on the European markets.more info
Source: Euronext
New ETF Listing on Euronext-BNPP EASY HYDI ETF
January 18, 2018--Euronext is pleased to announce that BNP PARIBAS EASY will list 1 new ETF on 23/01/2018 :
ISIN: LU1615092050
ETF Trading name: BNPP EASY HYDI ETF
ETF Symbol: HYDI
Venue: Euronext Paris
Underlying index: BNP Paribas High Yield Europe Defensive TR Index
TER(%): 0.4
Euronext now offers 758 Trackers listed on the European markets.
more info
Source: Euronext