ETFplus Monitor. Q July September

Transcription

1 plus Monitor Q3 July September

2 Contents plus Q3 News page 3 New listings on Italian market page 4 Trades page 5 Liquidity Spread page 6 AUM in Italy and Net Inflow page 7 European Comparison page 8 2

3 Q3 News News from plus market 1 new issuer: Structured Invest S.A. (Unicredit group) listed 2 European convertible bond s 1 open funds new issuer: Atomo listed its first 5 open funds. At end of September, 129 funds are listed on plus market (23 issuers) Trades (Q3 ) Borsa Italiana has confirmed its leadership in Europe for number of trades on electronic platform with a market share of 32.52%, the ranking has been lead since ,151,319 trades with a turnover of 23.91bn AUM/net inflow in Italy At the end of September, ETP AUM deposited in Italy reached 51.46bn, % vs September For the first time available on plus market 2 European convertible bond s 3 smart beta bond s 1 fallen angels bond 5 Socially Responsible s su indici Socially Responsible 2 actively managed bond s 3

4 New listings on Italian market Open OICR ETC/ETN others style emerging markets corporate and gov bonds developed markets Q3 Q4 Q1 Q2 Q3 New listings Q3 Corporate bond - High yield 1 Corporate bond - Euro 4 Corporate bond - Ex Euro 5 Government bonds - Ex Euro 3 Equity Style (developed) 3 Government bonds - Euro 5 Equity thematic 4 Equity Pacific 1 Government bonds - emerging 1 Open OICR Equity Italy 1 Flexible 3 Bond balanced 1 Total Q3 32 Total new listings (+ETC/ETN+Open OICR) year 124 Listed Source: Markets Analysis London Stock Exchange Group. 4

5 Trades 40, , , , , , , , Trades Turnover (Eur m) 0 0 Jul Aug Sep Daily average Q3 Var. % Q3 YtD Var. % YtD Trades 8, % 9, % Turnover (Eur m) % % ETC Trades 8, % 10, % Turnover (Eur m) % % Source: Markets Analysis London Stock Exchange Group. 5

6 Liquidity Spread Developed market Corporate government bond Emerging markets Style Others Oct 0.129% 0.124% 0.322% 0.301% 0.377% Nov 0.120% 0.112% 0.304% 0.277% 0.365% Dec 0.135% 0.128% 0.332% 0.298% 0.378% Jan 0.142% 0.128% 0.338% 0.307% 0.404% Feb 0.146% 0.126% 0.358% 0.315% 0.403% Mar 0.125% 0.134% 0.313% 0.291% 0.360% Apr 0.113% 0.110% 0.285% 0.271% 0.328% May 0.124% 0.113% 0.286% 0.302% 0.334% Jun 0.138% 0.141% 0.275% 0.328% 0.339% Jul 0.110% 0.116% 0.233% 0.267% 0.282% Aug 0.100% 0.106% 0.220% 0.245% 0.249% Sep 0.101% 0.099% 0.235% 0.255% 0.258% Market spread 0.20% 0.18% 0.16% 0.14% 0.12% 0.10% 0.08% 0.06% 0.04% 0.02% 0% 0.158% 0.146% 0.162% 0.167% 0.170% 0.159% 0.140% 0.147% 0.166% 0.136% 0.124% 0.124% Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Source: Markets Analysis London Stock Exchange Group. SPREAD: It is the implicit cost that an investor incurs when buying and selling at the same moment a financial instrument at best bid and ask prices (it is calculated as the difference between best bid and ask prices divided by the mid quote). 6

7 AUM in Italy and Net Inflow 60,000 50,000 5, ,000 30,000 20,000 45,993.1 AUM (Eur m) 10,000 ETC/ETN AUM (Eur m) 0 Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep 2,500 2,000 1,500 1, net inflow (Eur m) ETC/ETN net inflow (Eur m) ,000 Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep AUM Sep (Eur m) Var, % Sep 45, % ETC/ETN 5, % Total 51, % Net inflow Q3 (Eur m) Source: Markets Analysis London Stock Exchange Group. Net inflow Q2 (Eur m) Net inflow YtD (Eur m) 1, ,108.0 ETC/ETN ,239.2 Total 2, ,

8 European Comparison Trades, daily average, Jul Sep BIt 19,977 DB 14,178 LSE ENXT 9,229 8,729 SWX OMX 2,501 3,624 OSLO 1, ,000 4,000 6,000 8,000 10,000 12,000 14,000 16,000 18,000 20,000 Turnover (Eur m), daily average, Jul Sep DB 649 LSE 462 BIt 412 ENXT 325 SWX 203 STUT OMX BIt: Borsa Italiana DB: Deutsche Börse ENXT: Euronext ISE: Istanbul Stock Exchange LSE: London Stock Exchange OMX : NASDAQ OMX Nordic STUT: Boerse Stuttgart SWX: SIX Swiss Exchange BME: BME (Spanish Exchanges) Source: Markets Analysis London Stock Exchange Group. 8

9 Annex 1 New listings on Italian market: details about AREA ISSUER INSTRUMENT ISIN TRADING CODE GOVERNMENT BONDS - EX EURO GOVERNMENT BONDS - EX EURO GOVERNMENT BONDS - EX EURO EQUITY STYLE (DEVELOPED) EQUITY STYLE (DEVELOPED) CORPORATE BOND - HIGH YIELD GOVERNMENT BONDS - EMERGING CORPORATE BOND - EX EURO CORPORATE BOND - EX EURO AMUNDI ASSET MANAGEMENT AMUNDI ASSET MANAGEMENT AMUNDI ASSET MANAGEMENT AMUNDI ASSET MANAGEMENT AMUNDI ASSET MANAGEMENT POWERSHARES GLOBAL FUNDS IRELAND CONCEPT FUND SOLUTIONS PIMCO FIXED INCOME SOURCE S PIMCO FIXED INCOME SOURCE S BENCHMARK AMUNDI US TREASURY 1-3 UCITS FR US1 MARKIT IBOXX US TREASURIES 1-3Y AMUNDI US TREASURY 3-7 UCITS FR US3 MARKIT IBOXX US TREASURIES 3-7Y AMUNDI US TREASURY 7-10 UCITS AMUNDI MSCI EUR MOMEN FACT UCITS AMUNDI MSCI EUR QUAL FACT UCITS POWERSHARES US HY FALLEN ANGEL UCITS DB X-TR IBOXX USD EM SO QU WEI UCITS PIMCO LOW DUR US COR BOND SOU UCITS PIMCO LOW DUR EUR COR BOND SOU UCITS FR US7 MARKIT IBOXX US TREASURIES 7-10Y FR MCEU MSCI EUROPE MOMENTUM INDEX FR QCEU MSCI EUROPE QUALITY INDEX IE00BD0Q9673 IE00BD4DX952 IE00BP9F2H18 IE00BP9F2J32 HYFA XQUA LDCU LDCE CITI TIME-WEIGHTED US FALLEN ANGEL SELECT INDEX MARKIT IBOXX USD EMERG MARKETS SOV QUAL WEIG INDEX EQUITY PACIFIC SOURCE MARKETS SOURCE JPX-NIKKEI 400 UCITS IE00BPRCH686 N400 JPX-NIKKEI 400 NET TOTAL RETURN INDEX CORPORATE BOND - EURO GOVERNMENT BONDS - EURO CORPORATE BOND - EX EURO EQUITY STYLE (DEVELOPED) EQUITY THEMATIC CONCEPT FUND SOLUTIONS CONCEPT FUND SOLUTIONS CONCEPT FUND SOLUTIONS WISDOMTREE ISSUER UBS DB X-TRA IBOXX EUR COR YD PLUS UCITS DB X-TR IBOXX EUROZO SOV QU WE UCITS DB X-TR BAR USD COR BOND EU HD UCITS WISDOMTREE EURO QUAL DIV GROW UCITS UBS MSCI EM MKTS SOCIALLY RESP UCITS IE00BYPHT736 IE00BYTRMY76 IE00BZ036J45 IE00BZ56TQ67 LU CORPORATE BOND - EURO STRUCTURED INVEST UC TH REU BAL EU CONV BOND UCITS LU ECBD CORPORATE BOND - EX EURO EQUITY THEMATIC EQUITY THEMATIC EQUITY THEMATIC CORPORATE BOND - EX EURO GOVERNMENT BONDS - EURO GOVERNMENT BONDS - EURO GOVERNMENT BONDS - EURO GOVERNMENT BONDS - EURO CORPORATE BOND - EX EURO CORPORATE BOND - EURO UBS UBS UBS UBS LYXOR INDEX FUND MULTI UNITS LUXEMBOURG MULTI UNITS LUXEMBOURG MULTI UNITS LUXEMBOURG MULTI UNITS LUXEMBOURG UBS STRUCTURED INVEST UBS BA MSC US LIQ COR SUS UCITS EU H UBS MSCI JAPAN SOCIAL RESP UCITS UBS MSCI JAPAN SOC RES UCITS EUR HED UBS MSCI USA SOC RESP UCITS EUR HED LYXOR USD INV GR COR BON EU HE UCITS LYXOR EMTS 5-7Y INV GRADE DR UCITS LYXOR EMTS 7-10Y INV GRADE DR UCITS LYXOR EMTS 15+Y INV GRADE DR UCITS LYXOR EMTS HIRAT MC-WEI GOV DR UCITS UBS BARCL US LIQ CORP UCITS A-DH-DIS UC TH REU BAL EU CONV BOND DIS UCITS LU LU LU LU LU XDEP XESQ XDGE EGRA MSRUSA CBSUSE JPSR JPSRE USSRF USIH MARKIT IBOXX EUR CORPORATES YIELD PLUS INDEX MARKIT IBOXX EUR EUROZONE SOVEREIGNS QUA WEIGH IND BARCLAYS USD LIQUID INVESTMENT GRADE CORPORATE IND WISDOMTREE EUROZONE QUALITY DIVIDEND GROWTH INDEX MSCI EMERGING MARKETS SRI 5% ISS CAP TOT RET NET THOMSON REUTERS MONTHLY EUROPE FOCUS CONV INDEX BARCLAYS MSCI US LIQ CORP SUST HEDG TO EUR TOT RET MSCI JAPAN SOCIALLY RESP 5% ISS CAP INDEX TRN MSCI JAPAN SOCIALLY RESP 5% ISS CAP INDEX TRN MSCI USA SOCIALLY RESPONSIBLE 5% CAP 100%H EUR TRN MARKIT IBOXX USD LIQ INV GR 150 MID PRICETCA EURHE LU EM57 FTSE MTS MID PRICE INVG EX-CNO ETRIX 5-7 TR LU EM710 FTSE MTS MID PRICE INVG EX-CNO ETRIX 7-10 TR LU EM15 FTSE MTS MID PRICE INVG EX-CNO ETRIX 15+ TR LU EMAAA FTSE MTS MID PR HIGH RATED MACRO-WEIGHT ALL MAT TR LU CBUSD0 BARCLAYS US LIQUID CORPORATES TR LU ECBC THOMSON REUTERS MONTHLY EUROPE FOCUS CONV INDEX P. T. O. > 9

10 Annex 2 New listings on Italian market: details about Open OICR AREA ISSUER INSTRUMENT ISIN TRADING CODE BOND BALANCED ATOMO ATOMO CARPINUS - CLASSE L LU ATMCAR EQUITY ITALY ATOMO ATOMO MADE IN ITALY FUND - CLASSE L LU ATMMIF FLEXIBLE ATOMO ATOMO MULTI STRATEGY - CLASSE L LU ATMMST FLEXIBLE ATOMO ATOMO PLAB FLEX ABSOLUTE FUND - CLASSE L LU ATMPLF FLEXIBLE ATOMO ATOMO GLOBAL RETURN - CLASSE L LU ATMGLR 10

11 This document contains text, data, graphics, photographs, illustrations, artwork, names, logos, trade marks, service marks and information ( Information ) connected with Borsa Italiana S.p.A. ( Borsa Italiana ). All reasonable efforts have been made to ensure that the Information in this document was correct at the time of publication. However, Borsa Italiana Spa accepts no liability for decisions taken, or systems-related or other work carried out by any party based on this document. The publication of this document does not represent solicitation, by Borsa Italiana, of public saving and is not to be considered as a recommendation by Borsa Italiana as to the suitability of the investment, if any, herein described. October Borsa Italiana S.p.A. London Stock Exchange Group All rights reserved. Borsa Italiana S.p.A. Piazza degli Affari, Milano (Italia)

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