Deutsche Bank and iShares to list ETFs in Spain

clock

Deutsche Bank and iShares are soon to list a whole range of ETFs on the Madrid Stock Exchange, after Spanish regulation changes have opened the way for certain fund structures to be tax efficient.

Deutsche has already registered around 100 ETFs for public distribution and plans to initially cross-list around ten to 15 of its flagship db x-trackers, before the end of the year. iShares has registered 74 ETFs for listing. BlackRock head of business in Spain, Armanda Senra, says: "Registering these sub-funds demonstrates our commitment to the Spanish market and our clients." Deutsche Bank head of db x-trackers UK Manooj Mistry says prior to the regulation changes made in summer, only ETFs with an FCP structure or a unitised structure were able to be listed on exchange, without incu...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on ETFs

Partner Insight: Vanguard European ETF flows summary - August inflows fall

Partner Insight: Vanguard European ETF flows summary - August inflows fall

Read Vanguard's latest monthly summary of flows in the European ETF market.

Vanguard
clock 02 October 2023 • 10 min read
Partner Insight: Vanguard - in times of volatility, low-cost index investing still shines

Partner Insight: Vanguard - in times of volatility, low-cost index investing still shines

Our latest research shows that, for most investors, their best chance of maximising returns over the long term lies in minimising costs by investing in low-cost index funds and ETFs that track their market benchmarks

Stephen Lawrence - Head of Indexing Research, Vanguard Investment Strategy Group
clock 01 August 2023 • 6 min read
Industry Voice: The growth potential of climate change — is it worth the investment?

Industry Voice: The growth potential of climate change — is it worth the investment?

Geopolitics has pushed the issue of energy security up the agenda over the past year, compounding an ever-growing consensus for the need to transition away from fossil fuels and towards renewables. Watch the video podcast to learn more.

Sarka Halas
clock 19 June 2023 • 2 min read