Wednesday 19th June 2013
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US Federal Reserve chief Ben Bernanke is expected to discuss the possibility of tapering its mass asset-purchasing programme at a policy meeting today - London-based exchange-traded product provider Boost ETP has added Morgan Stanley to its list of authorised participants - Franklin Templeton has named Jill Barber as head of institutional for UK and Ireland as the firm looks to grow its institutional channel - Data provider Markit has acquired the assets of the Depository Trust & Clearing Corporation’s (DTCC) corporate actions data service after increasing customer demand for an outsourced service managing corporate actions - Societe Generale Securities Services will set up operations in Ghana in a bid to develop its custody services offering in sub-Saharan Africa - Mirabaud Asset Management has hired Axa Framlington’s Anu Narula as global head of its equities division - Lyxor Asset Management has teamed up with hedge fund firm TIG Advisors to launch the Lyxor / Tiedemann Arbitrage Strategy fund, a new UCITS vehicle focused on mergers and acquisitions - FTSE will introduce a new ‘food, agriculture and forestry’ sector to its range of environmental markets indices - European fixed income trading venue MTS is set to launch MTS Swaps, a new platform that will give buy-side institutions the ability to trade interest rate swaps electronically - NYSE Euronext's derivatives business has added Chinese broker Zhujiang International Futures as a member of its London derivatives market, NYSE Liffe - Societe Generale Securities Services (SGSS) is setting up in Tunisia in a bid to extend its custody operations on the African continent - BNY Mellon has extended its mandate with the US arm of ING Investment Management. The bank will now provide fund accounting and administration, custody, and transfer agency services for two savings plans - French asset manager Amundi plans to strengthen its relationships with external distributors by creating a dedicated global business line - Fitch Ratings has revised India's Outlook to Stable from Negative and affirmed its Long-Term Foreign- and Local-Currency Issuer Default Ratings at 'BBB- - UBS MTF dark pool, the multilateral trading facility of Swiss bank UBS, has joined TMX Atrium’s network - FTSE Group has opened a dedicated office in Dubai. The new unit, housed within the Dubai International Financial Centre (DIFC), has been set up to develop the index provider's presence in the Middle East and Africa -

iShares EMEA reports strong 2011 asset growth

Monday, 09 January 2012
iShares EMEA reports strong 2011 asset growthiShares, the Exchange Traded Funds (ETF) platform of BlackRock, Inc, says its EMEA business generated strong growth in 2011 despite challenging macroeconomic conditions.iShares exceeded $18bn of net new assets in EMEA during 2011, an increase of 43% from 2010 net new assets of $12.6bn. iShares total assets under management (AUM) in the region increased 4% to $105.9bn as at the end of December 2011.http://www.ftseglobalmarkets.com/

iShares, the Exchange Traded Funds (ETF) platform of BlackRock, Inc, says its EMEA business generated strong growth in 2011 despite challenging macroeconomic conditions.iShares exceeded $18bn of net new assets in EMEA during 2011, an increase of 43% from 2010 net new assets of $12.6bn. iShares total assets under management (AUM) in the region increased 4% to $105.9bn as at the end of December 2011.

iShares also says it captured over 70% of all flows into ETFs in EMEA in 2011, and maintained its position as the market leader in assets. There was particular interest in US equity, German equity and corporate bond funds. According to Joe Linari, head of iShares EMEA, notes: "As more investors return to the market and reposition portfolios in 2012, we believe ETFs will attract significant new interest and we are upbeat on the prospects for continued industry growth. Investors increasingly recognise the value of ETFs as transparent, liquid and highly regulated vehicles through which they can execute strategies and build up longer-term allocations."

He adds: "The product pipeline for 2012 is strong, and we see opportunities for further expanding our fixed income range with new exposures that meet demand for return and yield oriented products.”

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