U.S. Bancorp Fund Services, LLC Affiliate Quintillion Limited Names Linda Gorman Chief Executive Officer
February 12, 2016--Quintillion Limited, the European-based affiliate of U.S. Bancorp Fund Services, LLC has named Linda Gorman chief executive officer.
Based in Dublin, Gorman brings more than 20 years of leadership experience to support the firm's global alternative investment services.
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Source: U.S. Bancorp Fund Services
Nasdaq: Leveraging Capital Markets Essential For Europe To Reach Its Full Potential
New report cites recommendations to deliver sustainable growth
February 11, 2016-- Nasdaq (Nasdaq: NDAQ) today published a white paper entitled "Capital Markets Union: The Road to Sustainable Growth in Europe."
The white paper addresses the European Commission's proposal and action plan for a Capital Markets Union, and highlights Nasdaq's view on what needs to be done in order to create financial stability and get Europe back to sustainable growth.
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Source: Nasdaq.com
Even chance of more ECB QE in March; deposit rate cut to minus 0.40 percent: Reuters poll
February 11, 2016--There is an even chance the European Central Bank increases the size of its 60 billion euro a month bond buying program next month, economists in a Reuters poll said, although another deposit rate cut is almost certain.
Expectations of further easing from the ECB picked up last month after President Mario Draghi signaled the Bank could add more stimulus at its March meeting thanks to fading prospects for inflation and growth as financial markets convulse.
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Source: Reuters
Euro Area Securities Issues Statistics: December 2015
February 10, 2016--The annual rate of change of the outstanding amount of debt securities issued by euro area residents was 0.0% in December 2015, compared with 0.1% in November.
For the outstanding amount of listed shares issued by euro area residents, the annual growth rate was 1.1% in December 2015, compared with 1.0% in November.
The long-term debt securities annual growth rate stands at 0.5% in December 2015, the same as in November 2015.
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Source: ECB
UBS lists new Emerging Markets Sovereign Bonds ETF on London Stock Exchange
February 10, 2016--UBS Asset Management has listed a new ETF on London Stock Exchange: the UBS ETF (LU) Barclays USD Emerging Markets Sovereign UCITS ETF offers investors access to sovereign and quasi-sovereign bonds from more than 60 emerging markets countries.
The index currently comprises more than 100 securities. This UBS ETF allows investors easy access to these bonds in a cost-efficient wrapper. Index constituents are denominated in US dollars as opposed to the respective local currencies.
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Source: ftseglobalmarkets.com
Lyxor-European ETF Market Outlook for 2016
February 10, 2016--The exchange traded fund (ETF) market continues to grow rapidly in size and popularity, reaching EUR 2.7 trillion in assets worldwide by December 2015.
ETFs are funds that are traded continuously on stock exchanges, offering investors instant access to a variety of asset classes.
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Source: Lyxor
Lyxor Notice to shareholders: liquidation of 2 ETFs
February 9, 2016--As of March 17th 2016, the Lyxor MSCI AC Asia Ex-Japan Consumer Staples UCITS ETF and the Lyxor MSCI AC Asia Ex-Japan Information Technology UCITS ETF will be liquidated.
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Source: Lyxor
ESMA publishes translations of its Guidelines on complex debt instruments and structured deposits
February 5, 2016--Guidelines and Technical standards
The European Securities and Markets Authority (ESMA) has published translations of its Guidelines on complex debt instruments and structured deposits.
The purpose of these Guidelines is to ensure a common, uniform and consistent application of these definitions.
view the Guidelines on complex debt instruments and structured deposits
Source: ESMA
ESMA to focus on governance, strategy, data and fees in 2016 supervision
February 5, 2016--The European Securities and Markets Authority (ESMA) has today published its 2016 supervisory priorities for credit rating agencies (CRAs) and trade repositories (TRs), as well as its annual report summarising the key supervisory work and actions undertaken during 2015.
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Source: ESMA
ESMA publishes consolidated UCITS Q&A
February 5, 2015--The European Securities and Markets Authority (ESMA) has published a consolidated Questions and Answers (Q&A) on the application of the Undertakings for the Collective Investment In Transferable Securities Directive (UCITS).
The consolidated Q&A include new questions on additional documents funds need to provide for UCITS V. This new Q&A also brings together the following four existing ESMA Q&As on UCITS:
The Key Investor Information Document (KIID) for UCITS (2015/631);
Q&A on ESMA's guidelines on ETFs and other UCITS issues (2015/12);
Notification of UCITS and exchange of information between competent authorities (2012/428); and
view the Questions and Answers-Application of the UCITS Directive
Source: ESMA