LSE August 2016 ETF & ETP Monthly Report
August 8, 2016--Listings
5 new ETFs/ETPs were listed on London Stock Exchange in July. 88 new ETFs and 9 new other ETPs have been listed in 2016.
There are now 894 ETFs (available as 1,344 lines through multi-currency offerings) and 402 other ETPs (available as 461 lines) on our London market.
LSE welcomed ICBC Credit Suisse Asset Management (International) (ICBCCS) as a new ETF issuer who has partnered with WisdomTree to launch their first UCITS ETF tracking the S&P China 500 index. The ICBCCS WisdomTree S&P China 500 UCITS ETF Class B USD is the first European-listed ETF to combine exposure to all China equity share classes in a single UCITS ETF, offering investors unique and efficient market access.
Further establishing London's position as the centre of Green Finance, iShares listed 2 ESG ETFs: iShares Sustainable MSCI USA SRI UCITS ETF and iShares Sustainable MSCI Emerging Markets SRI UCITS ETF. Both ETFs will invest in a subset of equity securities within the benchmark index which are issued by companies with higher ESG ratings.
WisdomTree launched 1 smart beta ETF: the WisdomTree Eurozone Quality Dividend Growth UCITS ETF, which tracks in-house Quality Dividend Growth Index that targets firms considered likely to increase their dividend payouts in the future.
Lyxor listed the Lyxor UCITS ETF FTSE 100-Monthly Hedged C-USD which aims to track FTSE 100 TR index, offsetting the impact of monthly variations of the index local currency vs. the USD.
Trading Activity
Total on-exchange value traded for ETFs and other ETPs in July 2016 was £37.1 billion (323k trades), up by 77% compared to July 2015.
Total on-exchange value traded for ETFs and ETPs, year to date, is £216.7 billion (2.1m trades), up by 42% compared to the same period last year.
Orderbook value traded for ETFs and other ETPs in July 2016 was &pund;9.3 billion (207k trades), up by 47% compared to July 2015. This is the second highest monthly orderbook turnover on record, following June 2016.
Orderbook value traded for ETFs and other ETPs, year to date, is &pund;55.2 billion (1.4m trades), up by 18% compared to same period last year.
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Source: London Stock Exchange Group
Unscheduled adjustment in MDAX and SDAX
August 8, 2016--On Monday, Deutsche Börse announced an unscheduled change to MDAX and SDAX.
Following the takeover by MECCA International the free float of KUKA AG has dropped below 10 percent (to 5.45 percent). As a result the share of KUKA AG will leave the MDAX index. It is replaced by RATIONAL AG.
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Source: Deutsche Börse
Lyxor adds short-dated gilts ETF to fixed income range
Follows post-Brexit flight to quality
August 8, 2016--Lyxor has expanded its core fixed income passive offering with the launch of a short-dated gilts ETF.
The company said the launch of the Lyxor FTSE Actuaries UK Gilts 0-5Y UCITS ETF completes its range of gilts ETFs and gives investors the choice of short, all maturity or inflation-linked gilts.
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Source: www.investmentweek.co.uk
Important Notice to the Shareholders of DB X-Trackers II IBOXX SOVEREIGNS EUROZONE UCITS ETF
August 5, 2016--The board of directors of the Company (the "Board of Directors") hereby informs the shareholders of the Sub-Fund (the "Shareholders") that it has resolved to make certain changes to the Sub-Fund, as detailed below under A) OVERVIEW OF THE CHANGES (such changes collectively referred to as the "Changes").
The Changes will be carried out on a date between 5 September 2016 and 28 February 2017 (the "Effective Date").
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Source: Deutsche Asset Management
Co-founder to leave $20bn ETF house Source
August 4, 2016--Exit comes amid a period of churn that has seen the departure of fellow co-founder Ted Hood and the appointment of ex-OMGI chief Julian Ide as its new CEO.
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Source: Financial News
Lyxor-ETF Barometer- July 2016
August 4, 2016--European ETF Market flows reached a 2016 record high in July. Net New Assets (NNA) during this month amounted to EUR8.2bn, more than twice the year to date monthly average level.
Total Assets under Management are up 5% vs. the end of 2015, reaching EUR474bn, and including a limited market impact (+3.5%*). Higher yielding and Smart Beta ETFs gathered most of the inflows in an uncertain environment.
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Lyxor
National Statistics: UK official holdings of international reserves: July 2016
August 3, 2016--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
Robo-advisor Scalable Capital launches in the UK
August 2, 2016--European digital investment manager Scalable Capital has entered the UK market, opening its portfolio management business with portfolios constructed exclusively from exchange-traded funds.
The move into the UK marks a key step in the firm's ambitions to expand throughout Europe, having already established operations in Germany and Austria.
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Source: etfstrategy.co.uk
Boerse Stuttgart generates turnover of around EUR 6.3 billion in July
August 2, 2016--Fall in turnover following outstanding levels in June
Boerse Stuttgart generated turnover of around EUR 6.3 billion in July 2016, according to its order book statistics.
Securitised derivatives accounted for the largest portion of the turnover in July. The trading volume in this asset class was more than EUR 2.5 billion, with turnover in leverage products just under EUR 1.3 billion, while investment products accounted for more than EUR 1.2 billion of the total.
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Source: Boerse Stuttgart
Eurex-Trading statistics July 2016
August 1, 2016-In July 2016, the international derivatives market Eurex, part of Deutsche Börse Group, recorded an average daily volume of 5.5 million contracts (July 2015: 5.9 million).
In total, 114.8 million contracts were traded at Eurex in July.
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Source: Eurex