Tuesday 16th September 2014
slib33
TUESDAY SEPTEMBER 16th TICKER: European exchange-traded fund (ETF) provider Source is launching in the United States, with the firm's EURO STOXX 50 ETF the first product to be listed on the New York Stock Exchange - Guernsey’s Financial Services Commission approved 42 new investment funds during this year’s second quarter, while the regulator accepted a total of 131 new vehicles in the twelve months leading up to June 2014 - London Stock Exchange says it has made a series of improvements to the SETSqx trading service for securities outside the FTSE 350 Index - The People's Bank of China has designated ICBC as the Renminbi clearing bank in Luxembourg. The decision follows the signing of a Memorandum of Understanding between PBOC and Luxembourg's Central Bank in June this year.

Latest News

  • Tuesday, 16 September 2014 SEC fines 19 firms for short selling violations
    The Securities and Exchange Commission has sanctioned a group of hedge fund advisers and private equity firms that it claims have illegally participated in an offering of a stock after short selling it during a restricted period. Read more...
  • Tuesday, 16 September 2014 Guernsey adds 42 new funds in second quarter
    Guernsey’s Financial Services Commission approved 42 new investment funds during this year’s second quarter, while the regulator accepted a total of 131 new vehicles in the twelve months leading up to June 2014. Read more...
  • Tuesday, 16 September 2014 ETF provider Source makes US debut
    European exchange-traded fund (ETF) provider Source is launching in the United States, with the firm's EURO STOXX 50 ETF the first product to be listed on the New York Stock Exchange. Read more...
  • Tuesday, 16 September 2014 Deutsche Bank wins admin role for German motorway project
    Deutsche Bank has been selected as project agent, trustee, paying agent and account bank on the first project bond with European Investment Bank (EIB) credit enhancement in Germany. Read more...
  • Tuesday, 16 September 2014 SYZ Asset Management hires Franklin Templeton duo
    SYZ Asset Management, the institutional arm of Swiss banking group SYZ & CO, has hired Michael Clements and Claire Manson from Franklin Templeton. Both will take charge of running several of the firm's European equity funds. Read more...
  • Tuesday, 16 September 2014 LSE upgrades SETSqx trading platform
    London Stock Exchange says it has made a series of improvements to the SETSqx trading service for securities outside the FTSE 350 Index. The modifications, which include standardising auction call periods and timings and introducing a closing price crossing session, are designed to improve client experience and boost liquidity. Read more...
  • Tuesday, 16 September 2014 BNP Paribas strengthens APAC securities services team
    BNP Paribas Securities Services has made two senior appointments to its management team in Asia Pacific, as the firm reports strong momentum in the region for securities lending and collateral management services. Read more...
  • Tuesday, 16 September 2014 BlueBay bolsters hedge fund business with Citi hire
    Fixed income and alternative investment manager BlueBay Asset Management has hired Citi’s Wike Groenenberg in the newly-created role of alternatives strategy director - macro. Read more...
  • Tuesday, 16 September 2014 ICBC chosen as Renminbi clearing bank in Luxembourg
    The People's Bank of China has designated ICBC as the Renminbi clearing bank in Luxembourg. The decision follows the signing of a Memorandum of Understanding between PBOC and Luxembourg's Central Bank in June this year. Read more...
  • Monday, 15 September 2014 Global growth held back by slow eurozone, OECD says
    A moderate expansion is underway in most major advanced and emerging economies, but growth remains weak in the euro area, which runs the risk of prolonged stagnation if further steps are not taken to boost demand, according to the Organisation for Economic Co-operation and Development’s (OECD’s) latest Interim Economic Assessment. Read more...
  • Monday, 15 September 2014 Amundi strengthens US fixed income team
    Asset manager Amundi has recruited a new head of International High Yield Bond Management, Kenneth Monaghan, who joins Amundi Smith Breeden, the firm’s fixed income management centre in the US. Read more...
  • Monday, 15 September 2014 Waverton reports 30% rise in assets under management
    Waverton Investment Management (Waverton) has reported a 30% rise in assets under management in the past twelve months following its acquisition from Credit Suisse last year by Bermuda-based Somers Limited. Read more...

MORE NEWS...
Key Stories from FTSE Global Markets

Negative events in July could not but have an impact on the primary debt market. The sanctions imposed by Europe and the USA against major Russian banks and companies have led to the sale of Russian assets and negated the issuers’ activity this summer. Ministry of Finance and regions, which placed successfully in June and early July, refused to attract financing at high rates in the second half of the month. Corporate borrowers in view of the changes in legislation have also been forced to postpone the placement. The few issuers who managed to enter the market were the ones who prepared issue documents in advance and who ventured to test the new issue format.

Read more...

Over the last decade, there has been a significant improvement in the securities trade execution times. These times have decreased to micro seconds and advances in technologies such as laser link are trying to further reduce the times. However, the settlement of the executed trade takes days to exchange cash for securities. Depending on the type of security and trading venue, the settlement day will differ. Rakesh Jangili, senior consultant, Capital Markets Solutions Group, Virtusa, looks at the settlement cycles of different markets and assesses the likelihood of harmonisation of settlement cycles across the globe.

Read more...
Monday, 04 August 2014

A cultural shift to compliance

Since its formation in 2013, the UK’s Financial Conduct Authority has made it clear that it is less interested in routine compliance processes. The FCA’s focus is now on how a firm’s compliance department or senior management team, training and competence (T&C) programmes and broader compliance culture deliver the best customer experience and market outcomes, writes Neil Herbert, director of HRComply.

Read more...

Bucking the perception that cheaper funds fetch the fattest returns, higher-priced active managers—who strive to beat benchmark indices using a hand-picked mix of assets—have been forced to sharpen their skills to prove that investors really can get what they pay for over the long haul. From Boston, Dave Simons reports.

Read more...
Monday, 04 August 2014

Investing in the good earth

After years of being in the margins, climate change is finally having its day on the page thanks mainly to President Barack Obama’s vocal support for the Environmental Protection Agency’s (EPA’s) announcement that it would propose limits on carbon emissions from power plants. Climate change industry supporters have been waiting years for the US to take the lead in the climate change management debate and in June their wish was granted; particularly as other high carbon emitters, such as China are now firmly on the emissions capping bandwagon. Has the new found enthusiasm for the wellbeing of the Earth come just in time or too late to really make a difference? If climate change can be delayed or averted, which firms are in the front line to benefit from a more munificent approach to climate change management by G20 governments? Lynn Strongin Dodds reports on the hope and the glory.

 

Read more...
Page 1 of 582

Current IssueSpecial Report

Tweets by @DataLend

DataLend is a global securities finance market data provider covering 42,000+ unique securities globally with a total on-loan value of more than $1.8 trillion.

What do our tweets mean? See: http://bit.ly/18YlGjP

White Paper

Seeking Optimal ETF Execution in Electronic Markets

Seeking Optimal ETF Execution in Electronic Markets

 
pdf Download PDF View all Whitepapers

Blogs

  • Tuesday, 16 September 2014 08:31 The calm before the carnage
    European equities continue to tread water ahead of this weeks risk events. Yesterday’s flat session is likely to be symptomatic of the sessions in the…
  • Thursday, 11 September 2014 17:28 France must improve supply before demand
    The preference for increased purchasing power Several French politicians and economists continue to reject the idea that companies’ production costs must be reduced – believing…

Third Party Events