ESMA sees continued high levels of market risks
December 1, 2016--The European Securities and Markets Authority (ESMA) risk assessment has updated its Risk Dashboard for the third quarter of 2016.
The overall assessment of risk levels in EU markets under ESMA's remit, remains unchanged for the time being, characterised by continued very high credit and market risks.
view the ESMA ESMA Risk Dashboard No. 4 2016
Source: ESMA
Deutsche Borse launches new DAX Net Return indices
New index version with net dividend investment enables greater tracking accuracy
November 30, 2016--Deutsche Börse is launching five net return indices thus adding a new calculation version to its DAX family.
Deutsche Börse's selection indices were previously calculated as performance and price indices, now, the DAX Net Return (ISIN DE000A1A4D00), DAX Net Return USD (ISIN DE000A1A4D18), MDAX Net Return (ISIN DE000A0Z3ND6), SDAX Net Return (ISIN DE000A0Z3NE4) and TecDAX Net Return (ISIN DE000A0Z3NF1) indices offer additional options.
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Source: Deutsche Börse
BNP Paribas Easy FTSE EPRA/NAREIT Developed Europe ETF launched on Xetra
November 29, 2016-A new equity index fund issued by BNP Paribas Easy has been tradable via Xetra and Börse Frankfurt since Tuesday.
The BNP Paribas Easy FTSE EPRA/NAREIT Developed Europe ETF enables investors to participate in the performance of real estate companies and exchange-listed real estate investment trusts (REITs) domiciled in European countries.
The index shares are weighted by market capitalisation.
ETF name: BNP Paribas Easy FTSE EPRA/NAREIT Developed Europe ETF
Asset class: equity index ETF
ISIN: LU1291091228
Total expense ratio: 0.51 percent
Benchmark: FTSE EPRA/NAREIT Developed Europe Index
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Source: Deutsche Börse Cash Market
Joint Deutsche Bundesbank and Deutsche Borse blockchain prototype
November 28, 2016--Today the Deutsche Bundesbank and Deutsche Börse jointly presented a functional prototype for the blockchain technology-based settlement of securities.
The innovative prototype is designed to provide the technical functionality for the settlement of securities in delivery-versus-payment mode for centrally-issued digital coins, as well as the pure transfer of either digital coins or digital securities alone.
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Source: Deutsche Börse
STOXX changes composition of benchmark indices
November 23, 2016--STOXX Ltd., the operator of Deutsche Böerse Group's index business, and a global provider of innovative and tradable index concepts, today announced the new composition of STOXX Benchmarks and their sub and sector indices, among them the STOXX Europe 600 Index, STOXX North America 600 Index and STOXX Asia/Pacific 600 Index
Effective as of the open of European markets on Dec. 19, 2016, the following stocks will be added to and deleted
from the STOXX Europe 600 Index and its respective size and sector indices:
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Source: Deutsche Börse
Bracing for Brexit, UK ramps up borrowing and cuts growth forecasts
November 23, 2016--Britain has ramped up its borrowing outlook by much more than expected after forecasters said its vote to leave the European Union would hurt the economy, giving the government only a little room to ease looming pressure on households and firms.
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Source: VanEck
ECB-Euro area investment fund statistics: third quarter of 2016
November 21, 2016--In the third quarter of 2016 the outstanding amount of shares/units issued by investment funds other than
money market funds was €9,762 billion, which is €334 billion higher than in the second quarter of 2016.
Investment funds other than money market funds increased their holdings of both equity and debt
securities issued by the rest of the world. At the same time the holdings of both equity and debt securities
issued by euro area residents increased.
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Source: ECB
UK investors lose out with active funds
November 18, 2016--Fees levied by asset management industry weigh on returns compared with tracker funds.
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Source: FT.com
FCA-Asset management market study
November 18, 2016--Interim findings
The UK's asset management industry manages nearly £7tn of institutional and individual assets. Over three quarters of UK households with occupational or personal pensions use the services asset managers offer.
We found that price competition is weak in a number of areas of the industry. While the price of passive funds has fallen, active prices have remained stable. Despite a large number of firms operating in the market, the asset management industry has seen sustained, high profits over a number of years.
Investors are not always clear what the objectives of funds are, and fund performance is not always reported against an appropriate benchmark.
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Source: fca.org.uk