Europe ETP News Older Than 1 year-If your looking for specific news, using the search function will narrow down the results


ETF Landscape: STOXX Europe 600 Sector ETF Net Flows, week ending 25-Jun-10

June 30, 2010--Last week saw US$129.6 Mn net outflows from STOXX Europe 600 sector ETFs. The largest sector ETF inflows last week were in Food & Beverage with US$26.3 Mn and Personal & Household Goods with US$21.6 Mn while Banks experienced net outflows of US$42.9 Mn.

Year-to-date, Media has seen the largest net inflows with US$285.8 Mn net new assets, followed by Industrial Goods & Services with US$48.0 Mn. Basic Resources sector ETFs have seen the largest net outflows with US$213.4 Mn YTD. In total, STOXX Europe 600 sector ETFs have seen US$642.9 Mn net outflows YTD.

The assets invested in the ETFs are greater than the open interest in the corresponding futures contract in all 19 sectors.

to request report

Source: Global ETF Research & Implementation Strategy Team, BlackRock


EU to broaden out bank stress tests: document

June 30, 2010-- The European Union is to extend the scope of its stress tests of banks' ability to withstand economic and financial shocks, according to a document seen by AFP on Wednesday.
In the face of investor concerns about the health of the European banking sector, EU leaders agreed earlier this month to publish the results of stress tests in July.

But the move failed to placate investors and financial markets concerned that the tests would only cover Europe's biggest banking groups and not smaller lenders, especially Spanish savings banks and regional German banks.

"Stress test exercise should be extended to a larger set of banking institutions and complemented, namely as regard sovereign risks," according to the document prepared by EU financial experts.

read more

Source: EUbusiness


ETF Securities Gold Holdings Rise to a Record $10 Billion on Haven Demand

June 30, 2010--Gold held in ETF Securities Ltd.’s European exchange-traded products rose to a record $10 billion, accounting for half of the provider’s total global assets under management.

Its ETFS Physical Gold product held $5.2 billion of metal as of June 11, and ETFS Gold Bullion Securities contained $4.8 billion, London-based ETF Securities said today in a report.

Total assets under management climbed to an all-time high $20 billion as of June 17 including commodity, currency and equity products, up 70 percent from last July, it said.

read more

Source: Bloomberg


CESR publishes responses received to two consultations on Credit Rating Agencies

June 30, 2010--CESR has published the responses received to two consultations on Credit Rating Agencies.

view responses

Source: CESR


Deutsche Bank’s €5.5bn pension funds aim to raise ESG allocation

June 29, 2010--Deutsche Bank says it has a long-term goal to expand on the current €100m it has solely invested in environmental, social and governance (ESG) criteria in its own €5.5bn pension funds.

“As with our asset management services, we apply sustainability criteria to our investment decisions for the pension plans of our employees as well,” the bank giant has said in its latest Sustainability Report. “Deutsche Bank pension funds have a volume of €5.5bn, of which €100m are already invested solely according to ESG criteria. “Our long-term goal is to expand this type of investment.” Deutsche had €3.1bn in sustainable funds/thematic funds under management for clients at the end of last year, according to the report.

read more

view Sustainability Report

Source: Responsible Investor


DP10/3: Enhancing the auditor's contribution to prudential regulation

June 29, 2010--The FSA's Discussion paper 10/3 is entitled 'Enhancing the auditor's contribution to prudential regulation'. It was published in June 2010 and the period for responses closes on 29 September 2010.

view the Enhancing the auditor's contribution to prudential regulation DP

Source: FSA.gov.uk


Eurex Plans to Expand European Index Derivatives Segment

Segment to include futures and options on EURO STOXX and STOXX Europe 600 indices as from 28 July
June 29, 2010--The international derivatives exchange Eurex plans to extend its offering of futures and options on European size indices provided by STOXX Ltd. Four futures and four options based on the EURO STOXX® and the three corresponding sub-indices EURO STOXX Large, Mid and Small will be tradable as from 28 July. The new derivatives will enhance the existing offering of four futures and four options based on the STOXX Europe 600 Index and the three sub-indices STOXX Europe Large 200, STOXX Europe Mid 200 and STOXX Europe Small 200.

“By extending our offering to include new euro-denominated index derivatives, we will create additional investment and hedging opportunities for clients who want to gain exposure without currency risks on the basis of compact underlyings,” said Michael Peters, member of the Eurex Executive Board. “The new EURO STOXX index products will also complement our highly liquid future on the European blue-chip index EURO STOXX 50.”

As is the case with existing Eurex index products, the new futures will be settled in cash. The expiration dates will also be in March, June, September and December. An incentive program for market makers will be in place for several months to support sufficient liquidity from the outset. The new futures will be tradable between 8 a.m. and 10 p.m., and the options between 9 a.m. and 5.30 p.m. CET.

Eurex has been offering derivatives on the four STOXX Europe 600 indices since 2005. In 2009, approximately 730,000 contracts based on these index derivatives were traded; open interest currently is at approximately 30,000 contracts. The STOXX Europe 600 Index contains 600 companies from 18 European countries. The 600 index constituents are split into three groups of 200 according to their market capitalization – representing the three sub-indices STOXX Europe Large 200, Mid 200 and Small 200.

As of 28 July, the contract size of the STOXX Europe 600 derivatives already listed will be adjusted to be consistent with the new products. Alongside the four listed futures and options, each bearing a contract value of EUR 200 per index point, additional futures and options with a value of EUR 50 per index point will be launched.

Source: Eurex


European firms in China expect conditions to worsen: survey

June 29, 2010--European firms in China expect to face even tougher regulatory policies in the next two years, a survey released Tuesday showed, as fears mount that Beijing is trying to shut out overseas companies

While most of the more than 500 European companies surveyed said they were optimistic about the growth outlook for China, they were worried the country's communist leaders would become more discriminatory against foreign firms.

Companies polled by the European Chamber of Commerce in China warned their commitment to the world's third-largest economy was not "unconditional", suggesting they would consider leaving if conditions deteriorated.

"If things turn sour, China is not necessarily a must for them," Jacques de Boisseson, president of the European business group in Beijing, told a news conference.

read more

Source: EUbusiness


CESR Published A Comment Letter On EFRAG’s Draft Response On The IASB’s ED Financial Instruments: Amortised Cost And Impairment (Ref: CESR/10-713)

June 29, 2010--The Committee of European Securities Regulators (CESR) has considered, through its standing committee on corporate reporting (CESR-Fin), EFRAG?s draft comment letter on the IASB?s Exposure Draft (ED) Financial Instruments: Amortised Cost and Impairment.

CESR supports the IASB?s objective of developing an internationally acceptable alternative for the current incurred loss regime for impairment. The ED is an important part of the replacement of IAS 39 – Financial Instruments: Recognition and Measurement, of which IFRS 9 – Financial Instruments: Classification and Measurement as published in November 2009 was the first part. We believe that those documents represent a clear improvement to the present requirements of IAS 39 – Financial Instruments: Recognition and Measurement.

read more

Source: CESR


Economic Sentiment Indicator remains unchanged

June 29, 2010--In June, the Economic Sentiment Indicator (ESI) remained broadly unchanged at 100.1 (down by 0.1 points) in the EU and at 98.7 (up by 0.3 points) in the euro area. Among the largest Member States, the UK (-3 points) reported the biggest drop in sentiment (especially in industry), followed by France (-2.3) and the Netherlands (-2.0).

In contrast, Spain (+2.3) reported the most significant increase - although this was from one of the lowest levels in the euro area. Improvements were less pronounced in Italy (+1.4). Sentiment in Germany (+0.4) and in Poland (-0.5) remained broadly unchanged.

The Directorate General for Economic and Financial Affairs (DG ECFIN) conducts regular harmonised surveys for different sectors of the economies in the European Union (EU) and in the applicant countries. They are addressed to representatives of the industry (manufacturing), the services, retail trade and construction sectors, as well as to consumers. These surveys allow comparisons among different countries’ business cycles and have become an indispensable tool for monitoring the evolution of the EU and the euro area economies, as well as monitoring developments in the applicant countries.

read more

Source: European Commission


If you are looking for a particuliar article and can not find it, please feel free to contact us for assistace.

Americas


June 30, 2025 Allspring Exchange-Traded Funds Trust files with the SEC
June 30, 2025 Northern Lights Fund Trust files with the SEC-Toews Agility Shares Hedged Equal Weight ETF and Toews Agility Shares Hedged-Qs ETF
June 30, 2025 Lazard Active ETF Trust files with the SEC-Lazard US Systematic Small Cap Equity ETF
June 30, 2025 WisdomTree Trust files with the SEC-WisdomTree Japan Opportunities Fund
June 30, 2025 J.P. Morgan Exchange-Traded Fund Trust files with the SEC-JPMorgan 100% U.S. Treasury Securities Money Market ETF

read more news


Asia ETF News


June 25, 2025 QFIIs Gain Access to Onshore ETF Options As A-share Market Opening Deepens
June 18, 2025 Mirae Asset Global Investments Launches MIRAE ASSET TIGER CHINA GLOBAL LEADERS TOP3 PLUS ETF, Tracking Solactive-KEDI China Global Leaders TOP3Plus Index
June 13, 2025 Post-Adjustment ChiNext Index Attracts Global Assets with Low Valuation and High Growth Potential
June 13, 2025 Unlocking Consumption to Sustain Growth in China -World Bank Economic Update
June 13, 2025 US trading firm Virtu weighs foray into China market-making business

read more news


Global ETP News


June 14, 2025 Global Economic Prospects-Global Economy Faces Trade-Related Headwinds
June 12, 2025 Disclosing Public Debt Boosts Investor Confidence, Cuts Borrowing Costs 
June 10, 2025 Global Economy Set for Weakest Run Since 2008 Outside of Recessions
June 03, 2025 Trade Reckoning

read more news


Middle East ETP News


June 19, 2025 GCC: Growth on the Rise, but Smart Spending Will Shape a Thriving Future
June 16, 2025 Saudi Exchange leads market losses across the GCC

read more news


Africa ETF News


June 24, 2025 East Africa's regional 20 share index
June 16, 2025 African Credit Rating Agency to Launch September 2025
May 27, 2025 African Economic Outlook 2025-Africa's short-term outlook resilient despite global economic and political headwinds

read more news


ESG and Of Interest News


June 18, 2025 Global Energy Transition Gains Ground, but Security and Capital Challenges Persist
June 17, 2025 Pacific Economic Update: Slowing Growth Highlights Need for More Inclusive Workforce
June 10, 2025 Global Carbon Pricing Mobilizes Over $100 Billion for Public Budgets
June 07, 2025 Accelerating Blue Finance: Instruments, Case Studies, and Pathways to Scale
June 03, 2025 The Longevity Dividend

read more news


White Papers


May 30, 2025 IMF Working Paper-Interest Rate Sensitivity Scenarios to Guide Monetary Policy

view more white papers