Six Swiss Exchange Welcomes UniCredit with Two New ETFs

Wednesday, 25/05/2016 | 07:59 GMT by Finance Magnates Staff
  • UniCredit has joined SIX Swiss Exchange as a new issuer of exchange-traded funds.
Six Swiss Exchange Welcomes UniCredit with Two New ETFs
Finance Magnates

Switzerland’s main investment bourse, the SIX Swiss Exchange , has welcomed European commercial bank UniCredit as a new issuer of exchange-traded funds (ETFs) as it continues to drive forward the internationalisation of its ETF segment.

UniCredit is adding to the successful ETF market making in an asset class which is difficult to replicate.

UniCredit is entering the Swiss ETF market with the issue of two ETFs with SIX Swiss Exchange, for which it is also acting as market maker. This increases the number of ETF issuers on SIX Swiss Exchange to 22, with the product range on offer now reaching a record high of 1,240.

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The two newly listed ETFs are UC Thomson Rts. Bal. European Convertible Bond UCITS and Thomson Rts. Bal. European Convertible Bond UCITS. Both offer investors an extension to the diversification of their portfolios, while offering the advantages of on-exchange trading for what was previously a heavily OTC-traded asset class.

UniCredit, which recently launched a €200 million investment venture with Anthemis Group, is a European commercial bank with a dominant market position in several European countries and a growing presence in the fast-growing markets of Central and Eastern Europe.

With the launch of the two ETFs by its subsidiary Structured Invest S.A., which specialises in the launching of investment funds, UniCredit is adding to the successful ETF market making in an asset class which is traditionally difficult to replicate.

Switzerland’s main investment bourse, the SIX Swiss Exchange , has welcomed European commercial bank UniCredit as a new issuer of exchange-traded funds (ETFs) as it continues to drive forward the internationalisation of its ETF segment.

UniCredit is adding to the successful ETF market making in an asset class which is difficult to replicate.

UniCredit is entering the Swiss ETF market with the issue of two ETFs with SIX Swiss Exchange, for which it is also acting as market maker. This increases the number of ETF issuers on SIX Swiss Exchange to 22, with the product range on offer now reaching a record high of 1,240.

The new world of online trading, fintech and marketing - register now for the Finance Magnates Tel Aviv Conference, June 29th 2016.

The two newly listed ETFs are UC Thomson Rts. Bal. European Convertible Bond UCITS and Thomson Rts. Bal. European Convertible Bond UCITS. Both offer investors an extension to the diversification of their portfolios, while offering the advantages of on-exchange trading for what was previously a heavily OTC-traded asset class.

UniCredit, which recently launched a €200 million investment venture with Anthemis Group, is a European commercial bank with a dominant market position in several European countries and a growing presence in the fast-growing markets of Central and Eastern Europe.

With the launch of the two ETFs by its subsidiary Structured Invest S.A., which specialises in the launching of investment funds, UniCredit is adding to the successful ETF market making in an asset class which is traditionally difficult to replicate.

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