Euronext today announced the launch of Euronext Fund Service in Paris, an innovative and complementary solution for investing in open-end funds (UCITS and AIF) registered or passported in France. It offers institutional and retail investors a simplified, automated cost-efficient subscription/redemption service to invest in funds through their brokers.

Momentum is unloved: being a good follower is rarely seen as a strength, and few asset managers would brag about using momentum as an investment factor, even though they know that ‘the trend is your friend'. Part of this unpopularity comes from the fact that momentum is a purely behavioural factor: only human irrationality can explain it, and we are not at ease with our own shortfalls.

“The results from the first round of vote counting strengthen our confidence that, from this summer, France will have a president in favor of reforms for the first time.” Comments from Stefan Kreuzkamp, Chief investment Officer Deutsche Asset Management

IFC, a member of the World Bank Group, and Amundi, a leading European Asset Manager, today agreed to create the largest green-bond fund dedicated to emerging markets—a $2 billion initiative that aims to deepen local capital markets and expand financing for climate investments.

The French OAT- German Bund yield spreads tighten by 16bps as market's pricing in the likely outcome of Macron winning the elections as many French political leaders now support him in an effort to block the Far-right Le Pen.