Bosera selects FTSE China A50 Index for first RQFII ETF
December 9, 2013--FTSE Group has licensed the FTSE China A50 Index to Bosera Asset Management (International) Co. as the basis of their first Renminbi Qualified Foreign Institutional Investors (RQFII) ETF. The Bosera FTSE China A50 Index ETF, listed on Hong Kong Exchanges and Clearing on December 9.
December 9, 2013--Moscow Exchange announces an introduction of a grace period for trades in shares of foreign issuers and depositary receipts representing them beginning 16 December. The grace period will be in effect through 30 June 2014.
December 9, 2013--Market expectations rise on the FOMC signalling a reduction in bond buying this month. Better-than-expected economic data from the US reignited fears of early tapering by the Fed,keeping commodity price gains in check,particularly precious metals. Despite the US government shutdown,US economic data has been consistently positive. Economic indicators continue to point to a pick-up in US economy,with the November manufacturing and jobs data both surprising on the upside.
DB-Synthetic Equity & Index Strategy-Europe Monthly ETF Market Review-Developed Markets Continue to Attract New Money
December 9, 2013--Data in this report is as of 29 November 2013 Global Summary Global ETP assets rose by $36.4bn last month (+21.1% YTD) and closed the month at an all time high $2.2 trillion. ETP assets across all the regions are at their highest level with 23.5%,11.7% and 23.5% YTD growth for US,Europe and Asia respectively.
Component Changes made to STOXX Balkan 50 Equal Weight
December 6, 2013--STOXX Limited, a leading provider of innovative, tradable and global index concepts, today announced component changes in the STOXX Balkan 50 Equal-Weight Index due to an extraordinary review of the index.
December 5, 2013-- STOXX Limited, a leading provider of innovative, tradable and global index concepts, today introduced the iSTOXX Global ESG Select 100 Index. The new index screens the components of the STOXX Global ESG Leaders Index for high dividend paying companies which also have low volatility, thus creating a hybrid portfolio of ESG, maximum dividend and low volatility strategies.
UBS announces changes to Group Executive Board and Corporate Center
John Fraser to retire as CEO Global Asset Management business, retaining his position as its Chairman
Ulrich Koerner to become CEO Global Asset Management,
Tom Naratil to become Group Chief Operating Officer in addition to
current position as Group Chief Financial Officer. December 5, 2013--UBS (NYSE:UBS)(SWX:UBSN) today announced a number of changes to its senior leadership team and Corporate Center structure.
