China has leapfrogged the UK and France to become the world’s fifth-largest fund domicile. The Asian country pulled ahead of established asset management markets France, the UK, Japan and Australia to seize 4.1% of worldwide fund assets.
Global ETP inflows of $45.8 billion in May
Global equities rose last week as investors reacted to news of additional government stimulus and central bank support.
First Bitcoin ETC launched on Deutsche Börse
ETC Group plans to list the world’s first centrally cleared Bitcoin Exchange Traded Cryptocurrency, Bitcoin Exchange Traded Crypto – (BTCE).
HSBC launches sustainability range
HSBC Global Asset Management launched a range of sustainable equity ETFs tracking newly created FTSE Russell indices.
HANetf expands in Switzerland
The European white-label ETF and ETC platform, HANetf expanded with the launch of its first five ETFs on the SIX exchange in Switzerland.
Gold attracts record inflows
Overall Markets: European markets were mixed last week with a decrease in the FTSE 100 of 0.85%, the FTSE 250 +1.07%, Stoxx Europe 600 -0.35% and the DAX +0.14%. U.S. equities were down 0.35% for the same period.
China’s ETF market crosses the $100 billion mark
European markets were down last week with a decrease in the FTSE 100 of 2.2%, Stoxx Europe 600 -3.28% and the DAX -3.32%. U.S. equities were down 2.22% for the same period.
