New ETF Listing on Euronext
September 9, 2016--Euronext is pleased to announce that PowerShares will list 1 new ETF on 12/09/2016 :
ISIN: IE00BD0Q9673
ETF Trading name: PS US HYFA
ETF Symbol: HYFA
Venue: Euronext Paris
Underlying index: Citi Time-Weighted US FA Index
TER (%) 0.45
Euronext now offers 755 Trackers listed on the European markets.
more info
Source: Euronext
Britain's first post-Brexit budget due in November
September 8, 2016--The British government will in November present its first budget since the country voted to leave the European Union, the Treasury announced on Thursday.
New finance minister Philip Hammond will give his first Autumn Statement to lawmakers exactly five months after the referendum backing Brexit.
view more
Source: The Guardian
ECB-Monetary policy decisions
September 8, 2016--At today's meeting the Governing Council of the ECB decided that the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.00%, 0.25% and -0.40% respectively.
The Governing Council continues to expect the key ECB interest rates to remain at present or lower levels for an extended period of time, and well past the horizon of the net asset purchases.
view more
Source: ECB
MOVES-UBS Asset Management names Pedro Coelho head of UBS ETFs Spain
September 8, 2016--UBS Asset Management, the asset management division of UBS Group AG, named Pedro Coelho head of UBS ETFs Spain, responsible for business development.
view more
Source: Rueters
German growth expected to halve in 2017 as Brexit bites
September 8, 2016--German economic growth will nearly halve in 2017 as Brexit and other risks hit exporters, the DIW institute said on Thursday, although it predicted a pick up to 1.9 percent this year due to strong domestic demand.
The subdued outlook followed a string of economic data which painted a bleak picture for German manufacturing, with industrial orders barely rising in July and output posting its steepest drop in nearly two years.
view more
Source: Reuters
New db x-trackers bond index ETF on Asian corporate bonds ex Japan tradable on Xetra
September 8, 2016--Investment-grade bonds denominated in US dollar
A new db x-trackers ETF from the Deutsche Asset Management ETF product family has been tradable in Deutsche Börse's XTF segment via Xetra and Börse Frankfurt since Thursday.
Name: db x-trackers II iBoxx USD Liquid Asia Ex-Japan Corporate Bond UCITS ETF (DR)
Asset class: bond index ETF
ISIN: LU1409136006
Total expense ratio: 0.30 percent
Distribution policy: distributing
Reference index: Markit iBoxx USD Liquid Asia ex-Japan Corporates Large Cap Investment Grade Index
view more
Source: Deutsche Börse Cash Market
QE extension risks reopening ECB rifts
September 7, 2016--Germany sceptical of moves to prolong asset purchase scheme.
view more
Source: FT.com
Corporate Europe Embraces Bonds as Yields Plunge to Record Low
September 7, 2016-Another 2.1 billion euros of sales added to week's tally
Negative yields have spread to non-financial euro bonds
There's no stopping the flood of corporate bond sales in Europe, with companies locking in record-low borrowing costs on another 2.1 billion euros ($2.4 billion) of debt.
view more
Source: Bloomberg
WisdomTree promotes from US office for European distribution head
September 7, 2016--ETF sponsor WisdomTree has promoted Morgan Lee from its US office to become head of distribution for its European operations.
Lee will be supported by sales teams covering the UK, as well as France, Germany, Italy, the Netherlands, the Nordics and Switzerland.
view more
Source: fundstrategy.co.uk
Unscheduled adjustment in DAX
September 7, 2016--Adjustments due to spin-off of Uniper SE from E.ON SE/DAX calculation on 12 September with 31 companies On Wednesday, Deutsche Börse announced an unscheduled change to the DAX index.
Following, the spin-off of Uniper SE from E.ON SE, an adjustment of the DAX index is required. On 12 September, Uniper SE will therefore be included in the DAX index for one day. This adjustment ensures the trackability of the index for investors. The DAX index will accordingly be calculated on a basis of 31 companies for one day.
view more
Source: Deutsche Börse
If you are looking for a particuliar article and can not find it, please feel free to contact us for assistace.