‘ Europe ’

SPDR ETFs: Three reasons why eurozone stocks have room to run

Aug 14th, 2017 | By
SPDR ETFs: Three reasons why eurozone stocks have room to run

By Matthew Bartolini, head of SPDR Americas research, State Street Global Advisors.

After a strong rally, eurozone stocks have lost momentum since May, hurt by a strengthening euro. In the past two months, the EURO Stoxx 50 Index has registered negative return in local currency and underperformed the S&P 500 Index by 5%, while flows into European equity ETFs have slowed to their lowest level since March.



Source launches GBP share class for MSCI Europe ex-UK ETF

Aug 14th, 2017 | By
Source launches GBP share class for MSCI Europe ex-UK ETF

European ETF provider Source has introduced a pound sterling-denominated share class for the Source MSCI Europe ex-UK UCITS ETF (LON: MXUK). Chris Mellor, equity product specialist at Source, commented: “Some investors may want to separate their exposures to Europe and the UK, especially with Brexit causing uncertainty around the outlook for the UK. This ETF effectively puts investors in control of the allocation.”



WisdomTree Canada adds non-hedged class to Europe Hedged Equity Index ETF

Aug 14th, 2017 | By
Evolve Funds launches gender diversity and cybersecurity ETFs in Canada

WisdomTree Canada has introduced non-hedged units of the WisdomTree Europe Hedged Equity Index ETF (Toronto: EHE). EHE provides exposure to dividend-paying European equities while hedging exposure to fluctuations between the euro and the Canadian dollar. The new non-hedged units, (Ticker: EHE.B), will not be hedged back to the Canadian dollar.



Eleven new ETFs listed on London Stock Exchange in July 2017

Aug 10th, 2017 | By
Twelve new ETFs listed on London Stock Exchange in August 2017

Eleven new ETFs were listed on London Stock Exchange in July 2017, bringing the total number of ETFs or ETPs listed on the exchange to 921 and 457 respectively. ETF providers listing on the London market during July included Lyxor, BMO, ETF Securities and BlackRock.



Tradeweb reports strong buying of equity ETFs during July

Aug 10th, 2017 | By
Tradeweb reports strong buying of fixed income ETFs during August

Tradeweb has reported that equity ETFs saw net buying activity on its European-listed ETF marketplace during July with ‘buys’ outperforming ‘sells’ by eight percentage points. This was the first month of net positive buying of equity ETFs since March with European equity ETFs proving to be the most actively-traded ETF category at more than €2.8bn in notional volume.



WisdomTree: France’s reform agenda to reinvigorate economic growth

Aug 9th, 2017 | By
WisdomTree: France’s reform agenda to reinvigorate economic growth

By Viktor Nossek, director of research at WisdomTree in Europe.

Macron’s labour market reforms appear difficult to enact in the face of historic stiff opposition from labour unions. But unlike his predecessor Francois Hollande, who ran on a socialist agenda, Macron is different in that as an “independent” he can be more confrontational with labour unions and force them to negotiate.



UBS cross-lists six GBP-hedged equity ETFs on SIX

Aug 9th, 2017 | By
UBS cross-lists six GBP-hedged equity ETFs on SIX

UBS has cross-listed six ETFs on SIX Swiss Exchange, providing currency-hedged exposure to the performance of equities listed in the US, the eurozone or Japan. The ETFs track broad-market indices created by MSCI and offer either accumulating or distributing treatment of income generated within their portfolios.



Deutsche announces changes to emerging markets eurobond ETF

Aug 8th, 2017 | By
db X-trackers lists first physically replicated ETFs

Deutsche Asset Management has announced a number of changes to the db x-trackers II Emerging Markets Liquid Eurobond UCITS ETF (Xetra: XEMB), which include changing the ETF’s name, total expense ratio, replication method and the index it tracks.



European basic resources sector ETFs making gains

Aug 2nd, 2017 | By
Market Vectors launches unconventional oil & gas ETF

Exchange-traded funds tracking the STOXX 600 Europe Basic Resources Index have recorded impressive returns recently with the index gaining over 10% in the month to 25 July 2017. The index is tracked by ETFs from Lyxor, iShares, Deutsche Asset Management, ComStage and Source.



Horizons slashes fees on DAX Germany ETF

Aug 2nd, 2017 | By
National Bank of Canada goes commission free for all US-listed ETFs

Horizons ETFs has reduced the total expense ratio for the Horizons DAX Germany ETF (Nasdaq: DAX) from 0.45% to 0.20%, enhancing the fund’s affordability for investors wishing to track the German economy. The 25 basis point reduction represents a 55% decrease in the ETF’s cost to investors.