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February 2016

News First crowdfunded security to be traded on a secondary market in Europe

Today, the first buy and sell orders of a crowdfunded security were placed on the Euronext Expert Market (Public Auction), an electronic trading platform for non-listed securities. These orders will lead to the first secondary transaction in a crowdfunding instrument on a (...)

February 2016

Opinion Anatomy of the European Banks Rout – AT1 bonds

European bank stocks have collapsed so far this year whilst their credit default swaps have risen rapidly. Surely the credit and equity markets are telling us something? – Europe’s nascent economic recovery is over? Negative rates are killing net interest margins? They don’t (...)

February 2016

Strategy Bond Markets: a macro-economic cocktail that calls for a selective approach

Investors should adapt to this new reality, just as they are being buffeted by a number of economic crosswinds: a strengthening US dollar with its disruptive impact on emerging economies, the knock-on effect on developed nations, deteriorating US fundamentals sparked by a (...)

February 2016

Strategy Joining the dots between climate change and strategic risks

The World Economic Forum’s (WEF) 11th annual Global Risk Report named “failure of climate-change mitigation and adaptation” as the top global risk for 2016 and beyond, making a case for linking this to other high-ranking risks such as “large-scale involuntary migration” and (...)

February 2016

News State Street Global Advisors Launches 11 SPDR ETFs on the Deutsche Börse Xetra

State Street Global Advisors (SSGA), the asset management arm of State Street Corporation, announced that it has launched 11 core exposure, fixed income ETFs on the Deutsche Börse Xetra.

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