DB-Synthetic Equity & Index Strategy-Europe-ETF Research-European Weekly ETF Market Review
September 11, 2013--The report includes key statistics on the European ETF market as well as global ETF market highlights.
For more detailed coverage please refer to the monthly report, issued in the first week following the end of each month.
request report
Source: Deutsche Bank -Synthetic Equity & Index Strategy -Europe
Lyxor liquidates 13 unprofitable ETFs
September 11, 2013--French asset manager Lyxor has shut more than 10 exchange traded funds in Europe this year as part of monthly reviews of its ETF range.
The firm, which is Europe's third-largest provider of ETFs, liquidated 13 primary ETFs so far this year, as well as shutting 20 share classes.
view more
Source: FT.com
Euro area securities issues statistics July 2013
September 11, 2013--The annual rate of change of the outstanding amount of debt securities issued by euro area residents decreased from -0.1% in June 2013 to -0.8% in July.
For the outstanding amount of quoted shares issued by euro area
residents, the annual growth rate was 1.1% in July 2013, compared with 1.2% in June.
New issuance of debt securities by euro area residents totalled EUR 720 billion in July 2013.
Redemptions stood at EUR 804 billion and net redemptions amounted to EUR 75 billion.1 The annual rate of change of outstanding debt securities issued by euro area residents decreased from -0.1% in June 2013 to -0.8% in July
view more
Source: ECB
BME expands its IBEX 35(R) index family
The indices will be calculated and disseminated in real time as of 24 September
September 10, 2013--BME has created a new family of 8 target volatility indices, expanding the IBEX35(R) index series. The new IBEX 35(R) VOLATILIDAD OBJETIVO (IBEX 35 (R)Target Volatility) indices will be calculated and disseminated, in real time, as of 24 September.
The aim of these indices is to keep the risk of IBEX 35® index within preset levels. The strategy combines investments in Equities with risk-free Fixed Income, varying the proportion invested in each type of asset depending on market volatility.
view more
Source: BME (Bolsas y Mercados Espa ñoles)
EU lawyers say transaction tax plan is illegal
September 10, 2013--A plan to tax financial transactions in 11 European Union member states from 2014 is illegal, the bloc's lawyers have concluded, dealing what could be a final blow to the measure as proposed.
The opinion is not binding and Germany which backs the tax aimed at making banks pay governments about 35 billion euros a year after receiving taxpayer aid during the 2007-09 financial crisis, said it still wants swift introduction of the levy.
view more
Source: Reuters
FSB completes peer review of the United Kingdom
September 10, 2013--The Financial Stability Board (FSB) published today its peer review of the United Kingdom.
The peer review examined three topics that are important for financial stability and relevant for the broader FSB membership: macro-prudential policy framework; micro-prudential supervisory approach; and supervision and oversight of central counterparties (CCPs). The review focused on the steps taken to date by the UK authorities to implement reforms in these areas, including by following up on relevant recommendations in the 2011 Financial Sector Assessment Program (FSAP) undertaken by the International Monetary Fund.
view more
Source: Financial Stability Board (FSB)
Borsa Italiana: ETF Stat: August 2013
September 10, 2013--The ETF Stat Report August 2013 of the Borsa Italiana is now available.
view report
Source: Borsa Italiana
Deutsche Boerse to Close Europe Market With No Business
September 10, 2013--Deutsche Boerse AG (DB1), owner of Germany's main stock exchange and the Eurex derivatives system, is shutting its pan-European equity market after failing to persuade investors to use it.
The Xetra International Market, which opened for business in November 2009, will close on Dec. 13 because Frankfurt-based Deutsche Boerse wants to "concentrate liquidity in European blue chips," the exchange said in a statement yesterday.
view more
Source: Bloomberg
NYSE Euronext announces new ETF on European markets -Amundi
September 10, 2013-- NYSE Euronext is pleased to announce that Amundi has listed one new ETF on NYSE Euronext Paris on 10 September, 2013:
ETF Symbol: AHYE
Listing date: 10/09/2013
ETF Trading name: AMUNDI HI YIELD EU
Underlying index: Markit iBoxx EUR High Yield 30
TER: 0.4%
NYSE Euronext now has 648 listings of 558 ETFs listed on its European markets.
Source: NYSE Euronext
S&P warns defaults will rise on weak European economic outlook
September 9, 2013--Europe's weak economic outlook, and a less tolerant attitude by lenders, threatens to continue the trend of increasing defaults by speculative-grade companies, according to Standard & Poor's.
The rating agency said that there were 10 defaults, involving total debt of €8.7bn, in the second quarter of this year among the speculative-grade companies it tracked, compared with 12 corporates and €2.4bn in the first quarter.
view more
Source: FT.com
If you are looking for a particuliar article and can not find it, please feel free to contact us for assistace.