Unscheduled free float adjustment in SDAX
Changes to be effective 25 October
October 20, 2016--
On Thursday, Deutsche Börse announced an unscheduled adjustment to the free float of Capital Stage AG in SDAX.
The company's free float changed by more than 10 percentage points, which was caused by a capital increase due to an acquisition of another company as well as a significant change in shareholder structure of Capital Stage AG.
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Source: Deutsche Börse
Official Statistics: Forecasts for the UK economy: October 2016
October 19, 2016--Forecasts for the UK economy is a monthly comparison of independent forecasts.
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Source: HM Treasury
BlackRock expands factor ETF range with the launch of four US equity funds
October 17, 2016--BlackRock has expanded its range of iShares factor ETFs with the launch of four US equity-focused funds, offering investors more flexibility to express their views on the market outlook.
'Factors' refer to the broad, persistent drivers of risk and return that underlie smart beta strategies. Factor investing can help investors pursue specific outcomes, such as reducing risk or outperforming the market.
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Source: BlackRock
Unscheduled adjustment in TecDAX
October 17, 2016--On Monday, Deutsche Börse announced an unscheduled change to TecDAX.
As a result of the expected acquisition of AIXTRON SE by Grand Chip Investment GmbH, the AIXTRON SE current share class (ISIN DE000A0WMPJ6) in the index will be replaced with the tendered share class of AIXTRON SE (ISIN DE000A2BPYT0). These changes will become effective on 20 October 2016.
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Source: Deutsche Börse
Six new BNP Paribas ETCs from industrial metals commodities sector launched on Xetra
October 17, 2016--Six new exchange traded commodities (ETCs) issued by BNP Paribas Arbitrage Issuance B.V. have been tradable on Xetra and Börse Frankfurt since Monday.
The six new BNP Paribas ETCs enable investors to participate in the performance of the individual industrial metals aluminium, lead, copper, nickel, zinc and tin. The corresponding reference index from the Rogers International Commodity Enhanced commodity index family tracks the respective futures contracts with varying maturities. The limited term of the futures contracts requires a switch prior to expiry in exchange for a futures contract with the next expiry date (rollover).
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Source: Deutsche Börse
Lipper-Monday Morning Memo: Review of the European ETF Market, September 2016
October 16, 2016--Negative market impacts led-in spite of net inflows-to lower assets under management in the European ETF industry (€480.1 bn for September, down from €480.4 bn at the end of August).
The decrease of €0.3 bn for September was mainly driven by negative market impacts (-€2.4 bn), while net sales contributed a positive €2.1 bn to the assets under management in the ETF segment
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Source: Detlef Glow, Head of EMEA Research-Thomson Reuters Lipper
State Street picks BlackRock exec to lead UK ETF unit
October 16, 2016--State Street Global Advisors has appointed an executive at BlackRock-the world's biggest exchange-traded fund provider-to lead its ETF business in the UK.
Claire Perryman, who led wealth management and retail sales at BlackRock's iShares business for eight years, has joined SSgA in London reporting to Rory Tobin, co-head of its SPDR ETF business.
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Source: Financial News
ESMA issues Guidelines on Remuneration Practices under UCITS and AIFMD
October 14, 2016--The European Securities and Markets Authority (ESMA) has published today two sets of Guidelines: Guidelines on Sound Remuneration under UCITS (UCITS Remuneration Guidelines) and Guidelines on Sound Remuneration under the AIFMD (AIFMD Remuneration Guidelines).
view the Guidelines on Sound Remuneration under UCITS (UCITS Remuneration Guidelines) view the Guidelines on Sound Remuneration under the AIFMD (AIFMD Remuneration Guidelines) Tradeweb Exchange-Traded Funds Update-September 2016 view more New UBS ETF offers access to US corporate bonds with interest rate hedging view more
Source: ESMA
October 13, 2016--The following data is derived from trading activity on the Tradeweb European-listed ETF platform.
ETF total traded volume
Trading volume executed on the Tradeweb European-listed ETF marketplace reached €8.82 billion in September, up 10% from the previous month.
Adriano Pace, managing director for equity derivatives at Tradeweb said, "In a month characterised by few market-moving catalysts and a general lack of investment direction, our platform continued to provide an efficient mechanism for transacting ETFs." Pace added, "September also saw the addition of the 14th liquidity provider posting axes to the platform, as the functionality is adopted across an increasingly wide range of ETF instruments."
Source: Tradeweb
October 13, 2016--UBS Asset Management says the UBS ETF (LU) Barclays US Liquid Corporates interest rate hedged UCITS ETF (the Fund) has listed on London Stock Exchange.
Investors now have access to a diversified basket of US corporate bonds while simultaneously hedging against interest rate risk.
Source: ftseglobalmarkets.com