Source commodity ex-agriculture ETF launched on Xetra
May 31st, 2017 | By George WatsonETF provider Source has launched a new commodity ETF on Deutsche Börse’s Xetra platform.
ETF provider Source has launched a new commodity ETF on Deutsche Börse’s Xetra platform.
Societe Generale has launched 9 new ETCs on Borsa Italiana’s ETFPlus. The ETCs are all listed in euros and offer a mix of direct, leveraged and currency-hedged exposure to a range of commodities.
Index provider IHS Markit has launched the Emirates NBD Markit iBoxx USD Sukuk Index, in collaboration with Middle East banking group Emirates NBD. The index, which has been designed so as to be suitable to underlie ETFs, aims to provide a transparent benchmark for investors in USD sukuk.
UBS has cross-listed the UBS MSCI USA Select Factor Mix UCITS ETF (USFM) on the Swiss stock exchange with USD and CHF trading share classes, having made its debut on the London Stock Exchange earlier in the month.
BNP Paribas has launched two new equity ETFs on Deutsche Börse’s Xetra platform that track German and Japanese stocks. The former is a low volatility factor play, while the latter is a market cap-weighted fund which excludes firms that make controversial weapons.
London Stock Exchange Group (LSEG) has agreed to acquire The Yield Book and Citi Fixed Income Indices from Citigroup for $685 million in cash. The acquisition represents a significant opportunity for LSEG to enhance its fixed income data and analytics capabilities and strengthen its FTSE Russell index franchise, bringing an increase in benchmark AUM of around $2 trillion. The deal substantially bolsters FTSE Russell’s footprint and product offering in the fixed income space – one of the fastest-growing segments of the ETF industry – and follows the acquisition of the Russell Indexes business in 2014.
BNP Paribas has launched the BNP Paribas Easy iSTOXX MUTB Japan Quality 150 UCITS ETF (Xetra: ISTM) on Deutsche Börse’s platform. The underlying index of the ETF is the iSTOXX MUTB Japan Quality 150 Index, which was launched in August 2015 in collaboration with Japanese bank Mitsubishi UFJ Trust and Banking Corporation. The index captures the performance of the 150 Japanese equities in the STOXX Japan 600 ex-REITs with the highest combined ranking of four fundamental ratios: return on equity, debt-to-capital, cash flow generation ability and business stability.
A task force on exchange traded funds (ETFs) for Securities Commission Malaysia (SC) has released a set of key recommendations aimed at attracting greater investor participation and incentivising ETF issuers in the Malaysian market.
FTSE Russell has teamed up with Bursa Malaysia to offer two new indices tracking mid and small-cap Malaysian companies, the FTSE Bursa Malaysia MidS Cap Index and the FTSE Bursa Malaysia MidS Cap Shariah Index.
German index provider Solactive has launched a new multi-factor index composed of 50 European stocks based on the value and low volatility premiums. The Solactive Stable Income Europe Index is designed for investors looking for a value and low volatility smart beta concept that puts more emphasis on the role played by free cash flow yield. The index has been built to serve as an underlying reference for index-linked investment products such as exchange-traded funds.