On 23 August 2023, EuroCTP B.V. was established as a company, aiming to tender as the European Union consolidated tape provider for equities and ETFs. The new organisation writes that it will have its own Board of Directors and all participating exchanges are represented in the supervisory board of the new company.
Man AHL has made its first foray into the ETF space with the launch of an active, quantitative and systematic trading strategy in partnership with the USD63 billion manager of managers American Beacon Advisors.
Toscafund has launched the Tosca Market Thinking Fund, described as an innovative, unconstrained Global Equity fund and developed by Mark Tinker, CIO Toscafund Hong Kong.
Cboe Global Markets Inc has announced that Cboe Clear Europe, its Amsterdam-based clearing house, is planning to introduce a Central Counterparty (CCP) clearing service for securities financing transactions (SFT) in Q3 2024, subject to regulatory approvals.
The fourth in the ETF Express podcast series, in association with TrussEdge, brings you Ernst Knacke from Shard Capital and Laurent Kssis from CEC Capital talking about how ETFs can work for institutional investors. Listen now to hear Kssis explaining: “The beauty of ETFs is that you can have effectively a rules-based strategy at low cost”.
Institutional Asset Manager’s sister title, ETF Express, offers weekly ETF launch data, sponsored by Algo-Chain, from US, Canada and rest of world, plus top 10 and bottom 10 ETF performance data from our data partners, Trackinsight. Follow the links for all the information you need on ETFs.
Cerulli Associates in the US writes that asset managers are pivoting from relying on mutual funds as their prime source of profitability to presenting new products and vehicles that financial advisers and their clients demand.
DWS in the US has announced the listing of Xtrackers MSCI USA Climate Action Equity ETF (NYSE: USCA), with significant first day investment from Ilmarinen. The firm writes that the fund is designed for investors seeking exposure to large and mid-cap companies in the United States that are leading their sector peers in taking actions relating to climate transition.
Truss Edge comments on T+1 rules from the SEC
Following the CSSF approval at the end of November, iM Global Partner has announced it has now launched the iMGP DBi Managed Futures fund with its Partner, Dynamic Beta investments, with EUR60 million in seed money from European investors.
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