ETF & ETP Monthly Update January 2017
January 17, 2017--Record Year
We are pleased to announce that 2016 saw a record orderbook value traded of just under £100 billion in ETFs and other ETPs on London Stock Exchange, up by 29% compared to 2015.
Listings
3 new ETFs and 30 other ETPs were listed on London Stock Exchange in December. 125 new ETFs and 50 new other ETPs were listed in 2016.
There are now 884 ETFs (available as 1,360 lines through multi-currency offerings) and 441 other ETPs (available as 501 lines) on our London market.
UBS launched 30 ETCs in December, bringing their total number of other ETPs to 107.
BMO launched a multi-factor ETF: BMO MSCI Emerging Markets Income Leaders UCITS ETF. It tracks the MSCI Emerging Markets Select Quality Yield Index, which first screens stocks for quality before selecting those with the highest dividend yields.
Vanguard listed the Vanguard USD Emerging Markets Government Bond UCITS ETF, which offers regional exposure to USD denominated debt issued by governments in emerging markets.
iShares launched the iShares OMX Stockholm Capped UCITS ETF, giving exposure to the 80 largest and most frequently traded stocks listed on the Stockholm Stock Exchange.
Trading Activity
Orderbook value traded for ETFs and other ETPs in December 2016 was £8.4 billion (223k trades), up by 40% compared to December 2015.
view more
Source: London Stock Exchange Group
LSE dismisses report on moving clearing to Germany
January 16, 2017--UK exchange operator hits out at study commissioned by merger partner Deutsche Börse.
view more
Source: FT.com
European ETFs attract 47.9bn Euro net inflows during 2016, finds Morningstar
January 16, 2017--The European exchange-traded-fund market attracted €11.5bn in net new money in the fourth quarter of 2016, bringing the grand total for the year to €47.9bn, according to Morningstar's ETF fund flows report for Q4 2016.
Assets under management (AUM) for the European ETF industry increased to €546bn from €466bn in 2015.
view more
Source: etfstrategy.co.uk
ESMA issues briefing on transaction reporting requirements under MiFID II
January 16, 2017--Toward the end of 2016, ESMA published guidelines for transaction reporting under the Markets in Financial Instruments Directive (MiFID II) and Regulation(MiFIR).
Additionally, ESMA released technical requirements and templates further detailing the relevant reporting requirements under MIFID II and MIFIR
view more
Source: ESMA
BNP Paribas Easy Low Carbon 100 Europe UCITS ETF launched on Xetra
January 16, 2017--ETF offers access to European companies with greater environmental awareness
A new equity index fund issued by BNP Paribas Easy has been tradable via Xetra and Börse Frankfurt since Tuesday.
The BNP Paribas Easy Low Carbon 100 Europe UCITS ETF enables investors to participate in the performance of companies based in Europe, that have a greater sense of environmental responsibility according to the international Academy for Energy.
view more
Source: Deutsche Börse Cash Market
New ETF Listing on Euronext-
January 16, 2017--Euronext is pleased to announce that LYXOR INTERNATIONAL AM will list 1 new ETF on 19/01/2017:
ISIN: LU1541273568
ETF Trading name: LYXOR 10Y US SHORT
ETF Symbol: US1S
Venue: Euronext Paris
Underlying index: SGI Short x1 10Y U.S. Treasury Note Futures Index
TER (%): 0,2
Euronext now offers 753 Trackers listed on the European markets
view more
Source: Euronext
Monday Morning Memo: Review of the European ETF Market, December 2016
January 16, 2017--The promoters of exchange-traded funds (ETFs) enjoyed net inflows for December. Positive market impacts in combination with net inflows led to increased assets under management in the European ETF industry (€514.5 bn) for December, up from €495.8 bn at the end of November.
The increase of €18.7 bn for December was mainly driven by the performance of the markets (+€13.8 bn), while net sales contributed €5.0 bn to the assets under management in the ETF segment.
With regard to the overall number of products, it was not surprising that equity funds (€356.4 bn) held the majority of the assets, followed by bond funds (€132.0 bn), commodity products (€15.9 bn), "other" funds (€6.5 bn), money market funds (€2.9 bn), mixed-asset funds (€0.4 bn), and alternative UCITS products (€0.4 bn).
view more
Source: Detlef Glow, Head of EMEA Research-Thomson Reuters Lipper
Source launches low-cost commodity ETF
January 16, 2017--Source is seeking to cater for growing investor appetite for commodities with the launch of a low-cost ETF.
The Source Bloomberg Commodity Ucits ETF tracks the Bloomberg Commodity index and claims to do so at close to half the cost of a number of competing funds, with a total cost of 0.4% per annum. This comprises an ongoing charge of 0.19% and swap fee of 0.21%.
view more
Source: citywire.co.uk
ESMA calls for MiFIR to apply to wider range of firms
January 13, 2017--ESMA says there could be consequences to excluding certain fund management companies from the scope of MiFIR powers.
The European Securities and Markets Authority (ESMA) has called for consistency in the application of product intervention powers under the Markets in Financial Instruments Regulation (MiFIR).
view more
Source: globalcustodian.com
EBA updated Risk Dashboard shows that elevated NPLs and a high cost base pose a significant profitability challenge for EU banks
January 13, 2017--The European Banking Authority (EBA) published today a periodical update of its Risk Dashboard summarising the main risks and vulnerabilities in the EU banking sector by a set of Risk Indicators in Q3 2016.
Together with the Risk Dashboard, the EBA published the results of a Risk Assessment Questionnaire, which was conducted among banks and market analysts between October and November this year.
view more
Source: European Banking Authority (EBA)
If you are looking for a particuliar article and can not find it, please feel free to contact us for assistace.