Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Launch Of The Solactive US Energy Infrastructure MLP Index - First ETF In Europe On Infrastructure MLPs Listed By ETF Securities

Date 20/05/2014

Solactive AG has launched the Solactive US Energy Infrastructure MLP Index, which is used as underlying for the US Energy Infrastructure MLP GO UCITS ETF listed yesterday by ETF Securities on the London Stock Exchange and on Deutsche Boerse (Xetra).

The Index has been designed to track Infrastructure MLPs, as opposed to Commodity MLPs. Historically, Infrastructure MLPs have outperformed Commodity MLPs on both absolute and risk-adjusted basis due to their more stable toll-road business models.* There are currently 22 ETFs in the US focused on MLPs with a total amount of ca. USD 19 billion AUM** but none so far in Europe.

Henning Kahre, Head of the Equity Team, Solactive, said: “We already calculate several equity MLP indices and we also launched earlier this year the first index to offer exposure to MLPs via their bonds. There has clearly been a rising interest for MLPs over the past few years and we are enthusiast to support ETF Securities in providing access to this segment of the market to their European clients.”