EBA consults on exposures to shadow banking
March 19, 2015--The EBA launched a public consultation on its guidelines proposing criteria to set limits on EU institutions' exposures to shadow banking entities.
The document lays out a qualitative approach for institutions to develop their internal policies for monitoring and setting appropriate limits, both at individual and aggregate levels. These guidelines will also help inform the Commission's work in relation to its report on the appropriateness and impact of imposing limits on exposures to shadow banking entities under Article 395(2) of the Capital Requirements Regulation (CRR). The consultation runs until 19 June 2015.
view more
Source: EBA (European Banking Authority)
New iShares ETF launched on Xetra
ETF provides access to UK real estate sector
March 19, 2015--A new iShares ETF from BlackRock's product offering has been tradable in Deutsche Börse's XTF segment on Xetra since Thursday.
Name: iShares MSCI Target UK Real Estate UCITS ETF
Asset class: equity index ETF
ISIN: DE000A14PKP1
Ongoing charges: 0.40 percent
Distribution policy: distributing
Benchmark: MSCI UK Liquid Real Estate Index
The iShares MSCI Target UK Real Estate UCITS ETF provides investors with access to the performance of real estate in the UK.
view more
Source: Xetra
ESMA sees increased convergence in automated trading supervision
March 18, 2015--The supervision of automated trading has become more convergent across the European Union (EU), a recent review by the European Securities and Markets Authority (ESMA) has found. ESMA reviewed how the 30 national competent authorities (NCAs) across the EU have implemented ESMA guidelines on automated trading into their day-to-day supervision of trading platforms.
The Guidelines set out systems and controls requirements for investment firms and trading platforms operating in an automated trading environment.
The review analysed supervisory practices across 30 NCAs, with a focus on the twelve NCAs supervising trading platforms with the most significant automated trading volumes. Overall, the majority of NCAs had integrated the guidelines into their supervisory approaches thus increasing the level of supervision of automated trading activity. Looking at the national implementations, the review identified good practices observed by some NCAs regarding the supervision of IT-standards, governance and security at trading platform level, as well as NCA consideration of cyber-security, trading halts and real-time surveillance of direct market access.
view more
Source: ESMA
BlackRock launches UK real estate ETF
March 18, 2015--BlackRock has launched the iShares MSCI Target UK Real Estate Ucits ETF with the aim of achieving risk and return profile similar to physical real estate.
The firm has launched similar ETF providing targeted exposure to US real estate in January.
This ETF offers exposure to UK real estate with expectations to reflect the characteristics of physical real estate ...
view more
Source: Investment Europe
New Bank of England regulator warns of risks from U.S, rate hikes, dollar strength
March 17, 2015--The start of U.S. interest rate rises could inject volatility into global financial markets and create risks for Britain's financial stability, a new member of the Bank of England's top panel of financial regulators said on Tuesday.
Alex Brazier, who took a seat on the BoE's Financial Policy Committee on Monday, cited the normalisation of U.S. borrowing costs as one of the main global risks for markets.
view more
Source: Reuters
Lyxor-Monthly European ETF Market Trends-FEB 2015 in brief
March 16, 2015--European ETF market flows for February 2015 came very
close to last month's three-year record high. Net New Assets (NNA) over the month totalled EUR 10.4 billion. Total Assets under Management are up 17% vs. the end of 2014, reaching EUR 424
billion, and including a significant market impact (+6.8%*).
ETFs from all the main asset classes saw close to three-year record-high
inflows in a more risk-on environment
Equity ETF inflows were also close to January 2015’s three-year record high, standing at EUR 6.2 billion. The QE outlook in Europe drove investors to favour European equity ETFs, which collected more than EUR 5.3 billion. Conversely, US equity ETFs registered their first month of outflows in three years, totalling EUR 682 million.
Interestingly, in an environment characterised by reduced deflationary fears and a recovery of oil prices, emerging equity ETFs rallied with inflows of EUR 568 million. This follows two months of significant outflows and mainly concerned Indian ETFs and Global MSCI exposure.
view more
Source: Lyxor
Dax breaks 12,000 barrier
March 16, 2015--Germany's Dax index broke through and closed above the 12,000 barrier for the first time on Monday as German equities emerged as the main beneficiaries of the European Central Bank's quantitative easing programme.
The striking performance of eurozone shares, led by German blue-chips...
view more
Source: FT.com
Unscheduled free float adjustment in MDAX
March 16, 2015--Deutsche Börse AG has announced an unscheduled adjustment to the free float of DMG MORI SEIKI AG O.N. in MDAX.
The company's free float has changed by more than 10 percentage points due to a takeover by DMG MORI GmbH.
According to the rules in the Guide to the Equity Indices of Deutsche Börse AG, the company's free float will be adjusted from the current 75.67 percent to 56.94 percent. The change will become effective on 19 March 2015.
view more
Source: Deutsche Börse
Source JPX-Nikkei 400 UCITS ETF launched on Xetra
ETF provides access to the performance of Japanese stock corporations
March 16, 2015--A new equity index fund from the ETF offering issued by Source has been tradable on Xetra in Deutsche Börse's XTF segment since Monday.
Name: Source JPX-Nikkei 400 UCITS ETF (EUR hedged)
Asset class: equity ETF
ISIN: IE00BVGC6645
Total expense ratio: 0.20 percent
Distribution policy: accumulating
Benchmark: JPX-Nikkei 400 Net Total Return Euro Hedged Index
view more
Source: Xetra
Source launches currency-hedged share classes of its JPX-Nikkei 400 ETF
March 16, 2015--Source, a leading provider of Exchange Traded Products (ETPs), is pleased to announce the launch of USD-and EUR-hedged share classes of the Source JPX-Nikkei 400 UCITS ETF.
At the same time, Source has reduced the annual management fee on the unhedged ETF to 0.20% from 0.29%. The hedged share classes will also be available at the same 0.20% management fee.
The JPX-Nikkei 400 Index provides broad exposure across the large-cap, small-cap, growth and innovation segments of the Tokyo Stock Exchange, but unlike other benchmarks, focuses on companies with the potential to generate shareholder value.
view more
Source: Source
If you are looking for a particuliar article and can not find it, please feel free to contact us for assistace.