Europe ETP News Older Than 1 year-If your looking for specific news, using the search function will narrow down the results
Vier neue Kredit-ETFs mit Hebelwirkung gelistet
January 16, 2012--db X-trackers, die Plattform der Deutschen Bank für Exchange Traded Funds (ETFs), hat vier neue Kredit-ETFs gelistet. Diese ETFs ermöglichen ein Engagement in Kreditrisiken von Unternehmen oder können zur Absicherung bestehender Positionen in Kreditrisiken von Unternehmen, zum Beispiel Unternehmensanleihen, eingesetzt werden. Bei den neu gelisteten ETFs wurden erstmals in Europa Kreditindizes gewählt, welche eine Wertentwicklung auf täglicher Basis mit einem zweifachen Hebel abbilden.
Bereits seit 2007 bietet db X-trackers eine Palette von bisher zehn Kredit-ETFs an, bei ihnen enthält der unterliegende Index keinen Hebel. In Kredit-ETFs von db X-trackers sind derzeit mehr als 400 Millionen Euro investiert. "Bei unseren Kredit-ETFs ist die enthaltene Zinskomponente an den Tagesgeldsatz EONIA gekoppelt, somit kann sich ein Anleger alleine an der Kreditseite einer Unternehmensanleihe beteiligen, ohne auch das Zinsänderungsrisiko tragen zu müssen", sagt Thorsten Michalik, Leiter db X-trackers Deutsche Bank Exchange Traded Funds. „Des Weiteren bieten die zugrunde liegenden iTraxx® Indizes die Möglichkeit für ein Engagement in unternehmensbezogene Kreditrisiken mit einer hohen Liquidität, insbesondere im Nicht-Investment Grade Bereich“, so Michalik weiter. „Die neuen ETFs mit Hebelwirkung bieten institutionellen Anlegern dabei mehr Möglichkeiten, das Engagement zu steuern, da sie durch den in den Indizes enthaltenen Hebel den erforderlichen Kapitaleinsatz merklich reduzieren können.“
more info
Source: db X-trackers - Deutsche Bank Exchange Traded Funds
Letter to Commissioner Barnier, Chairman Bowles & ECOFIN Chairman Corydon regarding European Supervisory Authorities (ESAs)
January 16, 2012--Letter from ISDA and 6 other associations to Commissioner Barnier, Chairman Bowles and ECOFIN Chairman Corydon, calling for European Supervisory Authorities to be given an appropriate amount of time to draft technical standards for EU legislation.
TARGET="_top">view letter
Source: ISDA
Amundi ETF 3rd largest European ETF provider by net new assets in 2011
January 16, 2012--2011 was a positive year for Amundi ETF with the extension of its range to over 100 products. The European development plan reached an important milestone in May with entry into the UK market. Amundi ETF benefited from significant growth throughout the year to finish 2011 ranked as the 3rd largest European ETF provider by net new assets with EUR 1.7bn net inflows.
Valérie Baudson, Managing Director of Amundi ETF comments: “Amundi ETF remained focused throughout the year amid challenging market conditions. The outcome was extremely satisfactory with the number of products breaking through the 100 threshold and our successful launch in the UK, one of the most important and competitive markets in Europe.”
Consistent product innovation Eight new products were added to the range in 2011 to reach a total of 102. Innovation has consistently driven product development which is illustrated by the recent listing of the first ETF in Europe to offer an exposure to the S&P 500 with daily euro/dollar currency hedging on NYSE Euronext in Paris.
read more
Source: Amundi
Ireland's economy in facts and figures
January 14, 2012--- Herewith a few facts and figures on Ireland, which was the second eurozone to seek a bailout, agreeing an 85-billion-euro ($111-billion) European Union-International Monetary Fund rescue package in November last year.
DATE OF ENTRY INTO THE EUROZONE: Ireland was a member of the Economic and Monetary Union when it launched on January 1, 1999, ahead of the introduction of euro notes and coins into circulation in 2002.
PUBLIC DEBT: 144 billion euros in 2010, or 92.5 percent of GDP (Source: Eurostat). Forecast to grow to 108.1 percent of GDP in 2011, 117.5 percent in 2012 (European Commission)
read more
Source: EUbusiness
Greece's economy in facts and figures
January 14, 2012--Basic economic figures for Greece, the epicentre of the eurozone debt crisis and the first member state to be bailed out by the European Union and the International Monetary Fund, in May 2010.
EUROZONE ENTRY: Greece joined the eurozone as its 12th member state on January 1, 2001, a year before notes and coins went into circulation. Greece had failed to meet the Maastricht Treaty criteria for eurozone membership of a public deficit of less than 3.0 percent of Gross Domestic Product and inflation at less than 2.7 percent when the Economic and Monetary Union was formally launched January 1, 1999.
PUBLIC DEBT: Greece has highest debt ratio in the bloc, owing more than 350 billion euros, and exceeds by far the eurozone limit of 60 percent of GDP. In 2010, total debt was equal to 144.9 percent of GDP, and forecast to jump to 161.7 percent in 2011. It is forecast to fall to 145.5 percent in 2012 under the budget adopted on December 7, 2011 and then be brought down to 120 percent by 2020 under a debt write-down accord with private creditors agreed in October.
read more
Source: EUbusiness
MFI statistics 2011: the number of monetary financial institutions in the euro area and in the EU decreases further
January 14, 2012--On 1 January 2011 the total number of monetary financial institutions (MFIs) [1] in the euro area stood at 7,865. There is a net decrease of 211 units (2.6%) in comparison with the situation a year ago.
The decline was spread across the whole of the euro area. The number of MFIs in the euro area went up by 37 units when Estonia joined the euro area on 1 January 2011. There were 9,921 MFIs in the European Union (EU) as a whole, a net decrease of 271 units.
read more
Source: ECB
S&P 'downgrades France one notch, spares Germany'
January 13, 2012--Standard & Poor's has decided to downgrade France's top credit rating by one notch but will spare Germany, Belgium, Luxembourg and the Netherlands, EU government sources told AFP on Friday.
"France loses its triple-A rating," one source said on condition of anonymity, adding that the credit ratings agency, one of the world's top three, has notified the governments of its decision.
"The Standard & Poor's downgrade is by one notch," to AA+, another source told AFP.
France was along with Germany, Luxembourg and the Netherlands among the six eurozone nations with a AAA rating. Sources were unable to say what S&P decided to do with the two others, Austria and Finland.
read more
Source: EUbusiness
S&P downgrades France, eight other euro zone nations
January 13, 2012--Standard & Poor's stripped France of its top AAA rating on Friday and carried out a mass downgrade of half the nations in the euro zone, a move that may complicate European efforts to solve a two-year old debt crisis.
Germany, the bloc's largest economy, was spared.
Nine of the 17 members of the euro area had their credit ratings cut, with Austria joining France in losing its AAA status. Those two, along with Malta, Slovakia and Slovenia had their ratings cut by one notch, while Italy, Portugal, Spain and Cyprus suffered two-notch downgrades.
S&P said it feared that initiatives European policymakers have taken to tackle the debt crisis "may be insufficient to fully address ongoing systemic stresses in the euro zone."
read more
Source: Todays Zaman
Swiss Trading Delayed by Technical Problems
January 13, 2012--The SIX Swiss Exchange opened trading at noon Friday, after “technical problems for all securities” delayed its opening.
The exchange did not describe the conditions that created the problem, but said “a small number of participants were unable to start trading properly.”
Trading of stocks and exchange-traded funds began at noon, futures and options at 12:15 p.m. and international bonds at 12:30 p.m.
A few transactions that occurred at 12:16, 12:21 and 12:22 were declared “mistrades” and reversed. These occurred on the Scoach Switzerland derivatives market.
read more
Source: Securities Technology
Tomorrow marks the 20th anniversary of the IBEX 35® Futures Contract
January 13, 2012--The IBEX 35® has been calculated and disseminated as the Spanish stock market’s benchmark since 14 January 1992
Tomorrow will mark the 20th anniversary of the IBEX 35® Futures Contract, which was created on 14 January 1992. During this period, the contract has consolidated its contribution to the development of the Spanish stock market as an element of dynamism and modernisation in the financial market.
The IBEX 35® index has been closely linked to the derivatives market since its birth, acting as the underlying asset for futures and options contracts traded on MEFF, as it usually happens in organised derivatives markets.
read more
Source: Bolsas y Mercados Españoles
If you are looking for a particuliar article and can not find it, please feel free to contact us for assistace.
