STOXX Introduces New Suite Of Smart Beta Indices
STOXX Limited today introduced the STOXX Select and STOXX Diversification Select index families
October 20, 2015--STOXX Limited, a leading provider of innovative, tradable and global index concepts, today introduced the STOXX Select and STOXX Diversification Select index families.
These new indices are derived from major STOXX benchmarks, measure the performance of companies with low volatility, high dividend yield, and-in case of the STOXX Diversification Select Indices-low correlations. Index components are weighted by the inverse of their volatility.
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Source: STOXX
Source reaches milestone in assets under management and continues to expand
October 20, 2015--Source, one of the largest providers of Exchange Traded Products (ETPs) in Europe, has attracted US$ 3.6 billion of net new assets so far in 2015, helping the firm reach a new milestone of US$ 20 billion in assets under management.
The firm is expanding beyond the traditional institutional market and is now seeking to meet more effectively the needs of a broader range of investors and advisors. This expansion involves the addition of Bhavick Patel to the UK coverage team and is accompanied by a multi-million pound advertising campaign to raise brand awareness.
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Source: Source
Inexpensive cyclical sectors may benefit from an improving stock market
October 19, 2015--Following the equity market underperformance in the third quarter of 2015, Source research suggests that some of the more cyclical sectors in the US and European equity markets may be best positioned for a market recovery in the final quarter of the year.
Source is one of the largest providers of Exchange Traded Products (ETPs) in Europe, and its Multi-Asset Research team is pleased to announce that it has published its latest views on equity sector strategy for the US and Europe.
The latest edition of the Source Sector Selector weighs up the recent market performance, with the reasons for the weakness driven primarily by concerns about global economic growth, especially with current fears around China.
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Source: Source
Deutsche Boerse completes 360T acquisition
Kengeter: "Acquisition is a strategic fit as it broadens Deutsche Börse asset class spectrum"/Significant synergies, cross-selling and innovative product development planned
October 15, 2015--Today Deutsche Börse completed the acquisition of 360T, following the approval of relevant antitrust authorities and the German Federal Financial Supervisory Authority (BaFin).
The trading platform remains under the regulatory supervision of BaFin and operates under the existing management team. Moreover, 360T's CEO Carlo Kölzer will join Deutsche Börse Group Management Committee.
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Source: Deutsche Börse
Five new ComStage ETFs launched on Xetra
ETFs track long and short futures contracts on US government bonds for the first time
October 15, 2015--Four new exchange-listed bond index funds and one commodity index fund issued by ComStage have been tradable on Xetra and Börse Frankfurt since Thursday.
Two of the ComStage ETFs follow the strategy of tracking the total return of a long or short investment, which consists of two components: the performance of the futures contract on the effective interest rate of ten-year US government bonds plus interest on the non-tied capital at the effective federal funds rate.
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Source: Xetra
New WisdomTree Smart Beta ETF launched on Xetra
Index fund offers access to high-dividend companies in Asian emerging markets
October 15, 2015--A new exchange-listed index fund issued by WisdomTree has been tradable on Xetra and Börse Frankfurt since Thursday. WisdomTree is primarily a smart beta ETF provider, using fundamental data to weight companies in the reference index.
The new WisdomTree ETF gives investors access to high-dividend companies from China, India, Indonesia, Korea, Malaysia, the Philippines, Taiwan and Thailand. The reference index comprises around 300 company stocks weighted by dividend. Individual company weightings are limited to 4.5 percent. In addition, sector or country allocation is limited to a maximum of 33.3 percent.
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Source: Xetra
Inforgraphic-The Fall of the Mighty Euro
October 14, 2015--The euro has fallen precipitously since the beginning of the Financial Crisis in terms of USD.
Crises plague the Eurozone-will it be able to recover?
view the infographic
Source:visualcapitalist.com
Statistics: Forecasts for the UK economy: October 2015
October 14, 2015--Forecasts for the UK economy is a monthly comparison of independent forecasts.
Please note that Forecasts for the UK economy is a summary of published material reflecting the views of the forecasting organisations themselves and does not in any way provide new information on the Treasury's own views. It contains only a selection of forecasters, which is subject to review.
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Source: HM Treasury
Two new db x-trackers ETFs tradable on Xetra
Access to European stock corporations and corporate bonds denominated in US dollar
October 14, 2015-- Two new db x-trackers ETFs from the Deutsche Asset & Wealth Management product family have been available for trading via Xetra and Börse Frankfurt since Wednesday.
Name: db x-trackers MSCI Europe Index UCITS ETF (DR)
Asset class: equity index ETF
ISIN: LU1242369327
Ongoing charges: 0.3%
Distribution policy: distributing
Reference index: MSCI Europe TRN Index
The db x-trackers MSCI Europe Index UCITS ETF (DR) offers investors access to the performance of large and mid-cap stock corporations from industrialised countries in Europe. The reference index represents 85 per cent of companies in the individual industrial sectors.
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Source: Xetra
Economic Activity in Turkey Slowing Down as Political Uncertainty Continues, Says World Bank
October 14, 2015--Despite the expected slowdown in Turkey in the second half of the year, the faster GDP growth in the second quarter leads to revising up growth forecast to 3.2 percent for 2015 according to the World Bank's Turkey Regular Economic Brief[i] (October)-issued today in Ankara.
Seasonally adjusted GDP grew by 1.3 percent quarter-on-quarter in the second quarter.
view the Turkey Regular Economic Note-October 2015
Source: World Bank