Warum macht ausgerechnet Blackrock einen Schritt in Richtung Aussenseiter BX Swiss?
The delisting spree will see 49 ETF ‘trading lines’ removed from Switzerland’s largest stock exchange, with 14 of these listings transferred to BX Swiss, a retail-focused stock exchange based in Berne and owned by the international Stuttgart Stock Exchange Group.
There are 2,299 ETFs currently listed on SIX Swiss Exchange versus 226 ETFs on BX Swiss spanning products from Amundi, BlackRock, Janus Henderson and DWS.
The affected ETFs include the Euro denominated accumulating share class of the $10.6bn iShares MSCI World SRI UCITS ETF (SUSW), the US dollar denominated accumulating share classes of the $7.8bn iShares Edge MSCI World Value Factor UCITS ETF (IWVL) and the $4.1bn iShares Edge MSCI USA Value Factor UCITS ETF (IUVL).
“These changes reflect evolving investor demand and are designed to concentrate trading across a smaller number of exchanges where liquidity and execution are strongest.”