Kames Capital has signed a distribution agreement with Nordic Fund Market, a platform owned and operated by Nasdaq that counts some 180 managers offering 4,000 funds to investors in the region. Platform users include retail and private banks, insurers and institutional investors across Sweden, Finland and Norway. Kames has been active in the Swedish market […]
Nordic financial group SEB and Nasdaq have unveiled a joint project to test a developed prototype for a mutual fund trading platform based on blockchain technology. This platform aims at improving the processing of purchases and sales of fund units and to create a unit ledger. The blockchain-built platform will enable the players of the Swedish […]
US asset manager Principal has announced the listing of two strategic beta ETFs, the Principal Healthcare Innovators Index ETF and the Principal Millennials Index ETF, on Nasdaq. The Principal Healthcare Innovators Index ETF tracks the Nasdaq US Healthcare Innovators Index. It provides exposure to early stage small cap healthcare companies, primarily biotechnology and life science, […]
A deal between Nasdaq and the Tel Aviv Stock Exchange (TASE) will make it easier for investors in privately held Israeli companies to exit their investments. The two organisations have signed a “strategic agreement”, which will see private companies locally offered “strategic counseling and mentoring, exclusive networking, a secondary market for liquidity events and debt […]
It has been just over a year since the implementation of the first round of sanctions against Russia following tensions in the Crimea region. Coinciding with the implementation of the sanctions, oil prices started a steep decline. We take the opportunity to review any tangible impact on the Russian equity market of the adverse scenario […]
Fredrik Ekström, president at Nasdaq Clearing comments on the potential of collateral and cash optimisation to play key roles in ensuring capital efficiencies. Regulations – and particularly the OTC derivatives reform – have heightened the need for efficient use of capital. Central clearing for derivatives means that many buy-side firms are facing new collateral challenges […]
US equity investor Smead Capital Management’s CEO and CIO William Smead has urged caution amid the ongoing depressed price of oil and related energy sector shares. The warning comes amid data suggesting US listed oil and energy companies have been heavy sellers of new shares, while buyers have continued to come to the market amid […]
Source, the provider of exchange traded products, has launched what it says is the first Europe listed ETF that will track the Nasdaq Biotechnology Index. The Source Nasdaq Biotech Ucits ETF is denominated in dollars, domiciled in Ireland and listed in London, but registered for sale also in Austria, Finland, France, Germany, Ireland, Italy, Luxembourg, […]
Despite price peaks, stocks are not in bubble territory in the US, says Russ Koesterich, BlackRock’s Global Chief Investment Strategist.
The Index Industry Association (IIA) has appointed Rick Redding as its first executive director.
Former managers at Swedish IT company Qliktech are launching a new $50m fund to invest in IT SMEs, according to reports in local business press.
Investors are starting to rethink their attitude to the middle and back office technology including the systems that support the trillions of financial deals done across the world daily.