ESG ETFs capture 50% of European flows in historic 2021
August 10, 2021--Data from Trackinsight, the global ETF analysis platform, reveals that the European ETF market has turned green in 2021 with 50% of the total flows year-to-date (as of 31st July) going to ESG funds.
2021 has been a record-setting year for the European ETF market with $130 Billion of flows and 96 ETF launches. Of this, $65.6 Billion of flows have been directed towards ESG funds.
Europe is the leading region for ESG ETF adoption, with 13% of total assets following an ESG strategy or theme. In contrast, North American-listed ESG ETFs represent only 2% of regional ETF assets and received only 6% of the total flows in the region so far this year.
view more
Source: trackinsight.com
BlackRock changes A-shares fund to China impact strategy
August 9, 2021--Asset manager puts emphasis on ESG efforts in emerging market powerhouse rather than domestic champions.
BlackRock has opted to transform Citywire + rated Matt Colvin's China A-shares fund into a strategy more keenly focused on ESG opportunities in the country, Citywire Selector has learned.
According to a shareholder note from the start of August, the BGF China A-Share fund will be rebranded as the BGF China Impact fund, which coincides with a change in investment approach.
In the shareholder note, BlackRock said the fund would continue to focus on stocks listed in China, but with a renewed focus on those seeking to address China's social and environmental challenges.
view more>
Source: citywireselector.com
New UBS ETFs on Xetra: promoting a climate-friendly economy
August 9, 2021--Two new exchange-traded funds issued by UBS Global Asset Management have been tradable on Xetra and Börse Frankfurt since Monday.
With the UBS ETF (IE) MSCI ACWI Climate Paris Aligned UCITS ETF (USD) A-acc and the UBS ETF (IE) MSCI Emerging Markets Climate Paris Aligned UCITS ETF (USD) A-acc, investors have access to two ETFs that minimise the exposure to risks of extreme weather phenomena by 50 per cent and promote a low-carbon economy.
The stocks in the index contribute to achieving the goals of the Paris climate agreement, namely limiting global warming to a maximum of 1.5 degrees Celsius and reducing CO2 emissions by 10 per cent annually.
Investors can choose between a global investment in large and medium-sized companies from developed and emerging markets or a targeted investment in companies from emerging markets only.
view more
Source: Xetra
The market is overlooking the change in Europe's investment banks
August 6, 2021--Resilience through the pandemic shows how much has changed for sector
At the same time, banks have moved more towards less capital-intensive activity, earning fees from the transactions of clients and managing risk.
view more
Source: ft.com
LSE Group: Refinitiv deal has brought plenty of data-except proof of concept
August 6, 2021--London Stock Exchange needs to show that takeover can drive faster top-line growth.
Meeting cost targets alone will not reflate LSE's valuation multiple.
view more
Source: ft.com
ESMA publishes its report on the use of FinTech by CSDs
August 6, 2021--The European Securities and Markets Authority (ESMA), the EU's securities markets regulator, has today published its Report on the use of FinTech by Central Securities Depositories (CSDs).
ESMA has gathered the views of NCAs and relevant market participants on their experience with and planned future use of FinTech and Distributed-ledger Technology (DLT), as well as on whether the current regulatory framework represents a barrier for them to implement projects involving DLT.
view more
Source: ESMA
BlackRock launches Article 8 global semiconductor ETF
August 5. 2021--The asset manager has introduced a new passive strategy that will invest in over 200 companies.
BlackRock has launched the iShares MSCI Global Semiconductors Ucits ETF (SEMI), which is designed to align with Article 8 ambitions.
The Dublin-domiciled new passive strategy is listed on the Euronext (USD) & Xetra (EUR) exchanges. It has a total expense ratio of 0.35% and is categorised as Article 8 under SFDR. It will invest in over 200 companies across more than 15 different countries.
view more
Source: citywireselector.com
French fund manager to launch first EU-regulated bitcoin tracker
August 5, 2021--Melanion Capital seeks to tap into booming crypto interest with new Ucits vehicle
The fund tracks baskets of up to 30 shares in sectors such as cryptocurrency mining and blockchain technology. This correlates up to 90% with Bitcoin prices, says Melanion.
The announcement highlights how fund companies are becoming more creative in the face of often skeptical or slow-moving financial regulators in the rapidly evolving world of digital assets.
view more
Source: FT.com
Research: UK official holdings of international reserves: July 2021
August 4, 2021--This release details movements in the international reserves of gold and assets held by the UK government.
view
Source: gov.uk
New thematic ETF from Purpose Investments via HANetf white-label platform: access to the world's largest online software service providers (Saas) in combination with sustainability filters
August 4, 2021--Since Tuesday, a new exchange traded fund issued by Purpose Investments has been tradable on Xetra and Börse Frankfurt via HANetf's white-label platform.
With the Purpose Enterprise Software ESG-S UCITS ETF-Acc, investors participate in a global portfolio of software providers that offer their services via the cloud (Software as a Service) and are among the fastest growing in their industry. In addition, the companies must fulfil the ESG criteria.
For inclusion in the index, the companies must either be manufacturers of their own software solutions or providers of services in the software sector. These include advertising/marketing services, IT services, internet/software services and software packages. In addition, the companies must have had a minimum sales growth of 15 per cent on average over the last three years.
Companies are excluded from the index that are not in line with the principles of the United Nations Global Compact or are active in the fields of weapons, oil sands and fossil fuels.
view more
Source: Deutsche Börse
If you are looking for a particuliar article and can not find it, please feel free to contact us for assistace.