Vienna Stock Exchange as one-stop-shop: New ETF segment launching today
October 19, 2017--60 ETFs in continuous trading on the Vienna Stock Exchange
Further expansion of product range planned for 2018
ETF market growing robustly; rising AuM & number of products
The Vienna Stock Exchange is further expanding its range of offerings for domestic investors with the new "ETF segment" launching today.
Passive investment funds offer investors a simple, effective and inexpensive way of investing in the most diverse markets and regions. ETFs track stock indices as precisely as possible-one of the reasons why they are called exchange-traded index funds. Investors now have access to a range of 60 ETFs on the Vienna Stock Exchange focusing on Europe and the US, including all available ETFs on the Austrian leading index, the ATX.
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Source: Vienna Stock Exchange
Ultumus-Income focussed smart beta from Fidelity
October 18, 2017--Switzerland
Deutsche Bank brings its US sector trackers to Switzerland
Deutsche Bank has cross-listed its six US equity sector trackers into Switzerland..
UK and Germany
Fidelity lists more smart beta ETFs
Giant US active manager Fidelity fell behind in its US home market, where it was late to list any ETFs. But today's listings suggest it has no intention of being behind the eight ball in Europe, where it is listing several smart beta ETFs in Germany and the UK....
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Source: ULTUMUS-Financial Data Management
Templeton smart beta ETF launched on Xetra
October 18, 2017--New Franklin Templeton smart beta ETF launched on Xetra
ETF with multi-factor approach gives investors access to stock corporations in emerging markets
A new exchange traded fund (ETF) issued by Franklin Templeton has been tradable on Xetra and Börse Frankfurt since Wednesday.
The new equity index ETF enables investors to participate in the performance of stock corporations in emerging markets. The reference index is based on the MSCI Emerging Markets Index and contains the 200 stock corporations with the highest rating over the long term as weighted by the four factors: quality, value, momentum and low volatility.
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Source: Deutsche Börse Cash Market
Deutsche Berse to launch Scale selection index in early 2018
October 18, 2017--Trading volumes more than doubled over prior-year period
Scale All Share Index up by 28 percent since March
Deutsche Börse drew a positive interim balance of the Scale SME segment launched on 1 March 2017.
The trading volume of the companies that moved to Scale have more than doubled year-on-year in the first seven months since the segment's launch, from €827 million to around €1.84 billion. The Scale All Share Index, which tracks all companies in the segment, rose by 28 percent during this period, significantly outperforming the DAX, MDAX and SDAX.
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Source: Deutsche Börse Cash Market
Official Statistics: Forecasts for the UK economy: October 2017
October 18, 2017--Forecasts for the UK economy is a monthly comparison of independent forecasts.
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Source: HM Treasury
BNY Mellon hires European ETF platform leader
October 18, 2017--Rob Rushe was named European ETF segment executive at BNY Mellon, said a spokesman for the firm.
The position is new.
Mr. Rushe is based in Dublin and reports to Jeff McCarthy, CEO of exchange-traded funds at BNY Mellon. He leads the firm's European ETF platform.
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Source: Pensions & Investments
Ultumus-iShares brings US dollar options to London
October 17, 2017--UK
iShares cross-lists across currencies.
iShares is adding flavour to some of its most successful ETFs on the London Stock Exchange, adding a US dollar option to the following funds:
iShares Global High Yield Corp Bond UCITS ETF USD Dist (HYLA)
iShares Automation & Robotics UCITS ETF USD Acc (RBOD)
iShares Core FTSE 100 UCITS ETF GBP Dist (ISFD)...
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Source: ULTUMUS-Financial Data Management
New Amundi equity index ETF on European companies launched on Xetra
October 17, 2017--ETF tracks performance of EURO STOXX 50 Index.
A new exchange traded fund issued by Amundi has been tradable on Xetra and Börse Frankfurt.
This equity index ETF allows investors to participate in the performance of the EURO STOXX 50 Index. The reference index contains the 50 largest and best-performing companies from 12 euro zone countries, selected using market capitalisation criteria.
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Source: Deutsche Börse Cash Market
United Kingdom: Maintain close ties with EU to meet challenges of Brexit
October 17, 2017--The U.K. economy has weakened in the aftermath of the decision to leave the European Union. Maintaining close ties with the EU and implementing policies to boost productivity will be crucial for maintaining future living standards, according to a new report from the OECD.
The latest OECD Economic Survey of the United Kingdom details developments since the June 2016 vote to leave the EU, highlighting growing uncertainties and a number of risks. This includes the hit on households' purchasing power from higher inflation, declining savings rates, and a fall in net migration. It lays out a range of policy options for meeting the challenges posed by Brexit and building a stronger and more inclusive U.K. economy going forward.
view the summary-Overview of the Economic Survey of the United Kingdom 2017
Source: OECD
Blackrock launches ESG ETF that outperforms parent index
October 17, 2017--Blackrock has launched an ETF that tracks an index that outperforms its parent through focussing on environment, social and governance factors.
The iShares MSCI World SRI Ucits ETF is Blackrock's eleventh ESG ETF in Europe. It has a TER of 0.30 per cent.
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Source: fundstrategy.co.uk