Turnover at Deutsche Boerse's cash markets at 142.3 billion euros in August
September 1, 2015--Order book turnover on Xetra, Börse Frankfurt and Tradegate Exchange across all asset classes stood at €142.3 billion in August (August 2014: €94.3 billion).
Of the €142.3 billion, €130.9 billion were attributable to Xetra (August 2014: €87.0 billion). The average daily turnover on Xetra stood at €6.2 billion in August (August 2014: €4.1 billion). A turnover of €4.7 billion was attributable to Börse Frankfurt (August 2014: €3.8 billion). Order book turnover on Tradegate Exchange* totalled approximately €6.7 billion in August (August 2014: €3.5 billion).
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Source: Deutsche Börse
Source appoints industry veteran James Polisson as Chief Marketing Officer
September 1, 2015--Source, one of the largest providers of Exchange Traded Products (ETPs) in Europe, has appointed James Polisson, who has 28 years' experience in the financial services industry, including 16 years in the ETF industry.
Prior to joining Source, Jim was Managing Director and Chief Executive Officer of Russell Investments' global ETF business from 2010.
Lombard Odier Investment Managers and ETF Securities launch emerging market local government bond ETF
September 1, 2015--Lombard Odier Investment Managers ("Lombard Odier IM"), a pioneer in smart beta fixed income investing, and ETF Securities, one of the world's leading, independent providers of Exchange Traded Products ("ETPs"), have today listed their emerging market local government bond ETF on the London Stock Exchange.
Fund name: ETFS Lombard Odier IM Emerging Market Local Government Bond Fundamental GO UCITS ETF
ISIN: IE00BSVYHP04
TER (p.a.) 0.55%
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Source: ETF Securities
UBS Global Asset Management lists ETF on LSE
September 1, 2015--UBS Global Asset Management has listed a new ETF on the London Stock Exchange (LSE).
The UBS ETF MSCI Japan Socially Responsible UCITS ETF (JPY) (LSE ticker: JPSR) adds a new and important component to the range of UBS ETFs for socially responsible investments (SRI), says UBS.
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Source: FTSE Global Markets
ETF usage by wealth managers in the UK is on the rise
September 1, 2015--Boutique asset managers favour ETFs was one of the findings of a recent survey conducted by research firm TABB Group for software company SunGard.
Some 48 per cent saw ETFs as an area of significant demand from investors, with many boutique managers using ETFs as a low cost way of investing in an asset class and bolstering performance through stock picking and direct investment.
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Source: HedgeWeek
Ashwin Kumar appointed Global Head of Product Development
Direct reporting line to CEO Kengeter
August 31, 2015--Ashwin Kumar (49) will become Deutsche Börse Group’s new Global Head of Product Development as of 1 September.
In this newly created role, he will report as Managing Director directly to CEO Carsten Kengeter. The key tasks of this new function comprise of research for new products, product enhancements and product redesign along the value chain.
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Source: Deutsche Börse
First Trust Global Portfolios Launches the First Trust US IPO Index UCITS ETF
An index-tracking ETF that provides a strategy for investing in U.S. IPOs and Spin-offs
August 27, 2015--First Trust Global Portfolios Limited ("FTGP"), a London-based ETF distributor and advisor, announced that it has launched the First Trust US IPO Index UCITS ETF (the "Fund").
The Fund began trading on the Euronext Paris on 17 August 2015 (Ticker: FPXU FP) and on the London Stock Exchange on 18 August 2015 (Ticker: FPX LN).
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Source: First Trust Global Portfolios
New UBS equity index ETF launched on Xetra
ETF provides first-time access to Japanese companies focused on sustainability
August 27, 2015--A new equity index ETF issued by UBS ETF Sicav has been tradable on Xetra and Börse Frankfurt since Thursday.
ETF name: UBS ETF-MSCI Japan Socially Responsible UCITS ETF
Asset class: equity index ETF
ISIN: LU1230561679
Total expense ratio: 0.4 percent
Distribution policy: distributing
Benchmark: MSCI Japan Socially Responsible Index
The UBS ETF-MSCI Japan Socially Responsible UCITS ETF enables investors to participate for the first time in the performance of Japanese companies from the MSCI Japan Socially Responsible Index
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Source: Xetra
New UBS equity index ETF launched on Xetra
ETF provides first-time access to Japanese companies focused on sustainability
August 27, 2015--A new equity index ETF issued by UBS ETF Sicav has been tradable on Xetra and Börse Frankfurt since Thursday.
ETF name: UBS ETF-MSCI Japan Socially Responsible UCITS ETF
Asset class: equity index ETF
ISIN: LU1230561679
Total expense ratio: 0.4 percent
Distribution policy: distributing
Benchmark: MSCI Japan Socially Responsible Index
The UBS ETF-MSCI Japan Socially Responsible UCITS ETF enables investors to participate for the first time in the performance of Japanese companies from the MSCI Japan Socially Responsible Index
view filing
Source: Xetra
First of its kind green Indian rupee bond launched in London
August 19, 2015--Issued on the London Stock Exchange by International Finance Corporation (IFC) the bond, worth 3.15 billion rupees (approximately £31 million), is the first green Indian rupee bond to be issued outside of India
The government welcomed the launch of the bond, the proceeds of which will be invested via Yes Bank, one of India’s largest commercial banks, in projects that help to address climate change through renewable energy and energy efficiency in India.
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Source: HM Treasury