ECB-Account of the monetary policy meeting of the Governing Council of the European Central Bank
Held in Frankfurt am Main on Wednesday and Thursday, 19-20 July 2017
August 17, 2017--1. Review of financial, economic and monetary developments and policy options
Financial market developments
Mr Cœuré reviewed the latest financial market developments
At its previous monetary policy meeting on 7-8 June the Governing Council had been facing a financial market landscape characterised by rising stock prices and falling bond yields. Since then there had been a correction in relative cross-asset valuations, which seemed to have converged in a benign manner, signalling increased confidence in the economic outlook across market segments.
view more
Source: ECB
Walking the aisles of the UKs fund supermarkets
August 17, 2017-Platforms are increasingly popular with retail investors. But with some promoting their 'own brands' in the fund supermarket, are they offering real value?
Asset managers have seen their industry grow significantly in recent years. Pension reforms, auto-enrolment, greater ISA allowances, and the UK's burgeoning ageing population have led to a surge in the number of new investors. Meanwhile, the gradual shift of pension liabilities away from employers, via defined contribution schemes, means that the individual investor is gaining greater prominence.
view more
Source: fca.org.uk
Borsa Italiana: ETFstat July 2017
August 17, 2017--New Listing
7 new ETFs listed on ETFplus market
Now available 1233 instruments (786 ETFs, 313 ETCs/ETNs and 134 open-end funds)
AUM
The Asset Under Management (AUM) in Italy sets a new record: €63.42 billion (€56.99bn for ETFs, €6.22bn for ETCs/ETNs and €0.216bn for open-end funds) with a growth of 25.24% compared to July 2016.
Trading
Total on-exchange value traded for ETFs, ETCs/ETNs and open-end funds was €7.8 billion (309.545 trades)
Open-end funds
Total on-exchange value traded YTD has increased to €141.76 million, vs €47.88 million YTD 2016
New RFQ functionality
Since its inception (Dec 2016), the functionality has helped our customers to trade almost €1,8 billion in ETFs.
view more
Source: Borsa Italiana
Monthly report: Clearstream supports liberalisation of Chinese financial market
August 17, 2017--At the end of this month, the Shanghai International Financial Advisory Council will bring together top Chinese market regulators and representatives of leading international financial institutions involved in China's ongoing financial liberalisation story.
Deutsche B€rse Group will also be present with its post-trade services provider Clearstream.
view more
Source: Clearstream
Official Statistics: Forecasts for the UK economy: August 2017
August 16, 2017--Forecasts for the UK economy is a monthly comparison of independent forecasts.
view more
Source: HM Treasury
Morningstar Direct Asset Flows Commentary: Europe ETF
August 16, 2017--Bond ETFs see tepid demand in July, while equity ETFs enjoy solid inflows.
In July 2017, exchange-traded fund investors in Europe were more cautious when exposing themselves to bond market risks than in previous months but showed increased optimism for equity products.
Morningstar ETF net flow estimates indicate that bond products pulled in EUR 1.56 billion, the second-lowest one-month inflow this year. Outflows from euro high-yield ETFs and much-reduced demand for US-dollar corporate-bond and global emerging-markets bond ETFs were the clearest sign of bond ETF investors, more-risk-aware posture.
view more
Source: Morningstar, Inc.
HM Treasury-Future customs arrangements: a future partnership paper
August 15, 2017--This paper discusses options for new customs arrangements between the UK and the EU in the future partnership.
view the Future customs arrangements: a future partnership paper
Source: HM Treasury
German GDP grows at fastest annual rate since 2014
August 15, 2017--Rising domestic demand helps economy expand 0.6 per cent in second quarter
view more
Source: FT.com
The Algo That Entices Fund Managers to Beat New EU Trading Caps
August 15, 2017--Liquidnet's new product comes months before European overhaul
MiFID II limits how much trading can take place in dark pools
Liquidnet Holdings Inc. has devised an algorithm to entice the world's largest fund managers to place big stock trades with each other, an innovation designed to avoid upcoming curbs on dark pools in Europe.
view more
Source: Bloomberg
Source launches GBP share class for MSCI Europe ex-UK ETF
August 14, 2017--European ETF provider Source has introduced a pound sterling-denominated share class for the Source MSCI Europe ex-UK UCITS ETF (LON: MXUK).
MXUK provides diversified exposure to large and medium sized companies across 14 developed market economies in Europe, excluding the UK.
view more
Source: etfstrategy.co.uk
If you are looking for a particuliar article and can not find it, please feel free to contact us for assistace.