VanEck launches new circular economy ETF
October 26, 2022-The VanEck Circular Economy UCITS ETF invests in companies that recycle or otherwise reuse resources
With the new ETF, VanEck further expands its range of impact products
Asset manager VanEck today lists the VanEck Circular Economy UCITS ETF on the London Stock Exchange
This new ETF (Exchange Traded Fund) provides access to companies that contribute to the development of resource-efficient materials, production and distribution solutions. The company is thus expanding its range of impact ETFs offered by VanEck in Europe.
"Our planet's resources are becoming increasingly stretched and the world is struggling with the waste generated by single-use products. The VanEck Circular Economy ETF provides access to companies that effectively contribute to recycling or other forms of resource efficiency," explains Martijn Rozemuller, CEO at VanEck Europe.
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Source: vaneck.com
New Active ETF from Fidelity on Xetra: access to corporate bonds worldwide with a multi-factor approach
October 26, 2022--A new exchange-traded fund issued by Fidelity has been tradable on Xetra and via Börse Frankfurt since Wednesday.
The actively managed Fidelity Sustainable Global Corporate Bond Paris Aligned Multifactor UCITS ETF invests primarily in investment grade corporate bonds from global issuers.
A multi-factor strategy combining quantitative, fundamental and sustainability characteristics is used to select corporate bonds.
The fund is oriented towards the climate targets of the Paris Agreement for reducing greenhouse gas emissions. In addition, issuers involved in controversial business activities such as tobacco, fossil fuels and weapons are excluded.
This is a currency hedged share class.
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Source: Xetra
New L&G ETFs on Xetra: companies from the Asia-Pacific region in line with the Paris Climate Agreement
October 26, 2022--Since Wednesday, two new exchange-traded funds issued by Legal & General Investment Management have been tradable on Xetra and via Börse Frankfurt.
The two new ETFs give investors access to the performance of companies that want to reduce their CO2 emissions in line with the Paris Climate Agreement.
The aim of the funds is to reduce exposure to transitional and physical climate risks while capturing opportunities arising from the transition to a lower-carbon economy.
Companies that operate in ESG-controversial business sectors are excluded.
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Source: Xetra
New thematic ETF from VanEck on Xetra: access to companies worldwide with a focus on recycling and waste management
October 26, 2022--A new exchange traded fund issued by VanEck has been tradable on Xetra and via Börse Frankfurt since Wednesday.
The VanEck Circular Economy UCITS ETF offers exposure to companies worldwide that contribute to recycling or other forms of resource efficiency.
It primarily considers companies that contribute to the circular economy.
This includes products and services in the areas of water purification and treatment, waste recycling and biofuels, waste management including (metal) recycling services. The benchmark index currently includes 30 companies from 14 different countries.
Name: VanEck Circular Economy UCITS ETF
Asset class: Equity-ETF
ISIN: IE0001J5A2T9
view New equity ETFs from HSBC on Xetra: access to value strategy and small caps
The HSBC MSCI World Small Cap ESG UCITS ETF offers exposure to developed market small cap companies. The selection is based on the best-in-class approach, which means companies with the best ESG profile from the respective sector are selected. The most strongly represented countries are the USA, Japan, and Great Britain. view more EBA publishes Report on the integration of ESG risks in the supervision of investment firms
The European Banking Authority (EBA) today published a Report on how to incorporate ESG risks in the supervision of investment firms. The Report also provides an initial assessment of how ESG factors and ESG risks could be included in the supervisory assessment of investment firms.
This Report, addressed to competent authorities, sets out the foundations for integrating ESG risks-related considerations in the supervisory process of investment firms and covers the main SREP elements including: (i) business model analysis, (ii) assessment of internal governance and risk management, and (iii) assessment of risks (risk to capital and liquidity risk).
view more 3 charts that show the state of Europe's energy crisis right now Russia's invasion of Ukraine and the subsequent curtailment of gas flows to Europe has pushed international prices to new highs, with market turbulence expected to continue in 2023, according to the International Energy Agency's (IEA) latest quarterly Gas Market Report. In the US, prices reached their highest summer levels since 2008, the report adds.
The crisis has led to a decline in natural gas consumption across a majority of regions. In OECD Europe, gas demand declined by close to 10% year-on-year in the period from January to August, falling by an estimated 15% in industry due to production cutbacks, according to the report.
view more Amundi steps up efforts to compete with BlackRock’s ETF empire view more Synthetic ESG funds found to hold polluting collateral A synthetic index fund replicates the performance of an index by using derivatives rather than investing directly in the index’s constituents. The fund holds shares that serve as collateral for the swap counterparty. view more Official Statistics: Forecasts for the UK economy: October 2022 view more If you are looking for a particuliar article and can not find it, please feel free to contact us
Source: Xetra
October 25, 2022--Two new Exchange Traded Funds issued by HSBC Asset Management have been tradable on Xetra and via the trading venue Börse Frankfurt since Tuesday.
With the HSBC MSCI World Value ESG UCITS ETF, investors can invest in companies from industrialised countries. The ETF uses a value approach for selection. Only companies that are classified as undervalued based on fundamental data are selected.
These fundamental metrics include price-to-book, price-to-earnings, and price-to-cash-flow ratios. In addition, an improved ESG score of 20 per cent compared to the main index should be achieved.
Source: Xetra
October 24, 2022--The Report provides an initial assessment of environmental, social and governance (ESG) factors and risks for the purposes of the prudential supervision of investment firms under the Investment Firms Directive (IFD).
The objective of the Report is to set the foundations for further considerations of the ESG aspects in the supervisory review and evaluation process (SREP) of investment firms.
This Report builds on and complements the EBA Report on management and supervision of ESG risks for credit institutions and investment firms published in June 2021.
Source: EBA.europa.eu
October 20, 2022--Russia's invasion of Ukraine and the subsequent curtailment of gas flows to Europe has pushed international prices to new highs.
The EU has managed to fill its gas storage to 90% ahead of winter, according to the International Energy Agency's quarterly report.
Behaviour change and cutbacks may be needed if Russia reduces gas exports further, the agency says.
Source: weforum.org
October 20, 2022--Ireland funds launch marks departure from French manager's previous Luxembourg focus
Amundi has launched a 10-strong range of exchange traded funds in Ireland in a sign of the company's ambitions to grow its business and compete with market leader iShares.
The French asset manager has previously focused on building its Luxembourg product range, including moving over €30bn of its ETF assets from France to the Grand Duchy in 2018.
Source: ft.com
October 19, 2022--Index trackers and ETFs run by firms including BNP Paribas and Amundi are among those with 'unexpected' holdings
Synthetic "sustainable" index-tracking and exchange traded funds run by firms including BNP Paribas and Amundi hold polluting companies as collateral, Ignites Europe has found, risking undermining investor trust.
Source: ft.com
October 19, 2022--A comparison of independent forecasts for the UK economy in October 2022.
Source: gov.uk/g