ETF / Index

Euronext and Morningstar today signed a strategic collaboration to launch product creation opportunities and risk management tools, based on Morningstar Indices. This offering, which includes new European indices for blue chips, will give investors access to relevant benchmarks and related market data at lower cost.

Net New Assets (NNA) during this month amounted to EUR9.4bn, nearly twice the one-year average of EUR4.9bn. Total Assets under Management are up 7% vs. the end of 2016, reaching EUR551bn, including a market impact of 3.9%.

Amundi ETF attracted more than €2.2 billion net inflows since the start of the year, representing over 10% of total European market net new assets, and positioning itself as 3rd ETF provider in Europe in terms of flows.

Designed to track the Indxx U.S. Infrastructure Development Index, the fund holds a basket of companies involved in the maintenance and development of infrastructure projects, including those involved in construction & engineering; the production of materials and composites...

According to Invesco, Canadian investors are increasingly seeking income from their holdings but they may be concerned about the relatively limited opportunities within the domestic equity market. Foreign equity markets may provide greater diversification.