Europe ETP News Older Than 1 year-If your looking for specific news, using the search function will narrow down the results
Lyxor Asset Management chief exec departs
February 14, 2014--Inès de Dinechin has stepped down from her position as chief executive of Lyxor Asset Management, the latest high-profile departure to hit the group.
Lionel Paquin has been appointed as chief executive of the Société Générale-owned firm, which manages $110.3bn (£66.2bn) in ETF, alternative, structured, active quantitative and specialised investments
view more
Source: Fundweb.co.uk
Boost Welcomes UK Treasury Review of the Spread Betting Tax Loophole whilst Spread Betting Market Shrinks by 8% in Stark Contrast to a 15% Global Growth of the Short and Leverage ETP Market
February 14, 2014--BOOST welcomes Treasury review of spread betting tax loophole
BOOST believes spread betting should be subject to tax on gains and off settable for losses which is the case for similar investment products
BOOST believes such a move will position short and leverage Exchange Traded Products (ETPs)favourably when compared to spread betting and Contracts For Differences (CFDs)
Spread betting market shrinks by 8% in 2013 compared to 52% increase in trading volumes of short and leveraged ETPs
BOOST ETP, Europe's award winning, specialist Short and Leverage (S&L) Exchange-Traded Product (ETP) provider, welcomed the recent announcement from Treasury Spokesman, Lord Newby, who commented that ministers "ought to look" at the apparent "loophole" that allows spread betters to avoid income and capital gains tax.
view more
Source: Boost
Global AUM for Short & Leveraged ETPs Hits $56bn despite Souring Sentiment on Risk Assets
February 13, 2014-The AUM of short & leveraged (S&L) ETPs reached a record of $56 billion at the end of January, up $0.9 billion (or 1.7%) from December, as investors continue to increase their usage of S&L ETPs globally
Inflows of $331 million into short US equity ETPs, the largest global inflow of such equity ETPs in January, combined with outflows of $150 million from long US equity ETPs suggests a bearish sentiment taking hold in US equities
S&L investors bought $162 million of short European equity ETPs, while they also sold $177 million of long European equity ETPs ($339m net short), reversing the moderate upbeat sentiment in European equity markets in December 2013
S&L investors shifted bullish positioning to Japan, which has enjoyed the strongest inflows in S&L equity ETPs of $1.2 billion
Inflows into short US Treasury ETPs have slowed from $1.2 billion in December to $0.4 billion in January 2014
view more
Source: Boost
Modification on 2 Amundi ETFs-Borsa Italiana
February 13, 2014--Starting from February 17th 2014, the name, the trading code and the benchmark index of 2 Amundi ETFs will change.
view notice
Source: Borsa Italiana
ESMA consults on Guidelines for issuers performance measures
February 13, 2014--The European Securities and Markets Authority (ESMA) has launched a consultation on Guidelines on Alternative Performance Measures (APMs).
The aim of the guidelines is to encourage European issuers to publish transparent, unbiased and comparable information on their financial performance in order to provide users with a better understanding of their performance. Some examples of APMs include EBIT (Earnings Before Interest & Tax), EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortisation), free cash flow, underlying profit or net-debt.
The Consultation Paper follows on from ESMA's decision to review and replace the 2005 CESR Recommendation on APMs with Guidelines under Article 16 of the ESMA Regulation to tackle concerns about APMs used by issuers. Those relate mainly to APMs being used in such a manner as to present a confusing or optimistic picture of their performance by removing certain negative aspects, or even where this is not the case, APMs can be misleading if they are inconsistently calculated or presented.
view more
Source: ESMA
Russian Financial Markets Regulator Registers New Listing Rules
February 13, 2014--On 7 February 2014 the Bank of Russia's Financial Markets Service registered an amended version of Listing Rules for Moscow Exchange[1].
As part of Russia's listing reform programme, the rules have been brought in line with the Rules for Admission of Securities to Organised Trading previously approved by the regulator[2].
The new rules will reduce the number of securities lists on Moscow Exchange from six to three.
view more
Source: Moscow Exchange
DB-Synthetic Equity & Index Strategy-Europe-ETF Research-European Weekly ETF Market Review
February 12, 2014--The most recent issue of the European Weekly ETF Market Review is now available.
request report
Source: Deutsche Bank-Synthetic Equity & Index Strategy-Europe
Deutsche Borse buys minority stake in Bondcube-The new cutting edge bond
February 12, 2014-Deutsche Bõrse AG today announces the purchase of a stake in Bondcube Ltd, the
innovative new fixed income trading system for a low sum in the single
digit millions (GBP).
ondcube is a London and Boston based electronic bond platform which links
dealers and customers in a single marketplace in order to boost the
liquidity of the global bond markets.
view more
Source: Deutsche Bõrse
Fidelity unveils new tracker funds
February 12, 2014--Fidelity Worldwide Investments is filling out its range of passive equity funds to offer lower cost portfolio building blocks for IFAs.
In March Fidelity will add European ex-UK, Japan, emerging market and Pacific ex-Japan tracker funds following MSCI indices to the UK, global and US passive funds it already runs.
view more
Source: Fund web
iShares lists International ETF on Euronext Amsterdam
First ETF with an international security settlement structure in continental Europe
February 11, 2014--Today iShares, the exchange-traded funds offering of BlackRock, listed its iShares Euro Stoxx 50 ex-Financials UCITS ETF (EXFN) on the Amsterdam market of Euronext.
This fund is the first ETF to come to market in continental Europe using an international security structure, where settlement of transactions is exclusively at Euroclear Bank-the Brussels-based international central securities depository (ICSD).
Previously, cross-border transactions in ETFs settled in multiple national central securities depositories (CSDs) with related re-alignment costs and risks. With this new international security structure, the iShares ETF will be issued and settled for the first time in an International CSD (ICSDs)- in this instance Euroclear Bank, facilitating better cross-border liquidity provision and in parallel reducing operational and trading costs for ETF investment, potentially resulting in growth of the European ETF market.
view more
Source: NYSE Euronext
If you are looking for a particuliar article and can not find it, please feel free to contact us for assistace.
