Investoo Group Acquires RoboAdvisors.Com In Bid To Revolutionise Portfolio Management Industry
October 5, 2017--Acquisition of robo advisor comparison site is latest in string of high-profile additions to the London-based firm.
Leading FX affiliate firm Investoo Group is pleased to announce its latest acquisition in the retail investment space. The acquisition of RoboAdvisors.com marks the company's expansion into the Portfolio Management industry.
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Source: Investoo Group
Boerse Stuttgart generates turnover in excess of EUR 5.5 billion in September
October 5, 2017--Equity trading volumes considerably higher than in 2016
According to its order book statistics, Boerse Stuttgart generated turnover of more than EUR 5.5 billion in September 2017.
In equity trading, the order book turnover was more than EUR 1.3 billion, representing an increase of about 9 percent compared with the previous year. The turnover in German equities was EUR 954 million. The trading volume of international equities was almost 5 percent higher than in August, at EUR 378 million.
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Source: Boerse Stuttgart
ECB-Account of the monetary policy meeting
October 5, 2017--Account of the monetary policy meeting of the Governing Council of the European Central Bank, held in Frankfurt am Main on Wednesday and Thursday, 6-7 September 2017
1. Review of financial, economic and monetary developments and policy options
Financial market developments
Mr Cœuré reviewed the latest financial market developments.
Since the Governing Council's monetary policy meeting on 19-20 July 2017 two noteworthy developments had taken place in government bond markets. First, the widening of the spread between the yields on ten-year US Treasury and ten-year German government bonds, which had emerged in the wake of the US presidential election and had narrowed throughout most of 2017, had now practically been reversed. Second, long-term government bond yields in both the United States and the euro area had fallen back to levels last seen around the end of June 2017, thereby reversing most of the rise in yields seen in the run-up to the July 2017 Governing Council meeting.
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Source: ECB
WGC-Market Update: German investment market
October 5, 2017--Germany's gold investment market has boomed in the past 10 years. In the face of successive financial crises and loose monetary policy, German investors turned to gold to protect their wealth.
In response, new product providers entered the market making it easier for people to invest. Last year, more than €6bn was ploughed into gold investment products in Germany and, encouragingly, there is room for further growth: consumer research indicates there is latent retail demand which the industry can tap into.
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Source: World Gold Council (WGC)
New ETF Listing on Euronext-LYXOR SP 500 VIX
October 4, 2017--Euronext is pleased to announce that LYXOR INTERNATIONAL AM will list 1 new ETF on 06/10/2017:
ISIN: LU0832435464
ETF Trading name: LYXOR SP 500 VIX
ETF Symbol: LVX
Venue: Euronext Brussels
Underlying index: S&P 500 VIX Futures Roll Enhan
TER (%): 0,6
Euronext now offers 784 Trackers listed on the European markets.
more info
Source: Euronext
Ultumus-ETF DNA-Europe ETF Market Summary September 2017
October 4, 2017--September 2017 saw European net inflows of US$ 8.0 Bn.
At the end of September 2017 there were 2,454 products domiciled in Europe across 2,972 share classes, with assets of $733.9 Bn from 47 product issuers and 70 index providers.
Assets increased by $18.1 Bn (or 2.5%) in September, with net inflows of $8.0 Bn.
iShares saw the largest net inflows for the month with $4.6 Bn, followed by Amundi with $1.5 Bn and UBS with $797 Mn.
Products tracking STOXX and MSCI indices saw the largest net inflows for the month with each gathering net inflows of $2.65 Bn, followed by products tracking S&P Dow Jones indices with $1.1 Bn, while LBMA based products experienced the largest net outflows of $309 Mn.
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Source: ULTUMUS-Financial Data Management
National Statistics: UK official holdings of international reserves: September 2017
October 4, 2017--This monthly release shows details of movements in the UK's official holdings of international reserves, or assets. These consist of gold, foreign currency assets and International Monetary Fund assets.
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Source: HM Treasury
Dark Trading Could Triple in Europe Under New Market Rules
October 4, 2017--Trading volumes will flow to bank-run systematic internalizers
XTX co-CEO sees dark trading rising to 30% from 10% of market
Trading of European stocks on dark markets will probably triple as a result of the MiFID II overhaul, the opposite of what the architects of the law intended, as the new rules give some venues flexibility in how they price shares.
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Source: Bloomberg
ESMA publishes latest updates to MiFIDII/MiFIR investor protection Q&As
October 3, 2017--The European Securities and Markets Authority (ESMA) has added 12 new Q&As to its Questions and Answers (Q&A) document on the implementation of investor protection topics under the Market in Financial Instruments Directive and Regulation (MiFID II/ MiFIR).
The new Q&As cover the topics of client categorisation, post-sale reporting, recording of telephone conversations and electronic communications, best execution, and information on costs and charges.
view the Q&As on MiFID II and MiFIR investor protection topics
Source: ESMA
New EDHEC study of private infrastructure debt shows that defining 'infrastructure' correctly pays off for investors
October 3, 2017--A new paper analysing the characteristics of the EDHEC Infrastructure Institute private debt index shows that private infrastructure debt only delivers better risk-adjusted returns than corporate debt when it is narrowly and correctly defined.
The matter of defining infrastructure investment adequately for investment and regulation purposes is still a point of debate. In the case of private infrastructure debt, this EDHEC paper uses new data allowing a direct comparison between the debt of infrastructure project finance vehicles and that of corporate entities in the infrastructure sector.
view the Private Infrastructure Debt Broad Market Indices
Benchmarking Europe's Private Infrastructure Debt Market 2000-2016 report
Source: EDHEC-Risk Institute