Index Rebal/Special Situations, Quiddity Advisors

Janaghan Jeyakumar, CFA

Index Rebal/Special Situations

Quiddity Advisors

Pan-Asia Catalysts/Events

Index Rebalance

<ul>
<li>The EURO STOXX 50 Index is one of the most highly-watched indices in mainland Europe and the annual index review takes place in September.</li>
<li>In <a href="https://www.smartkarma.com/insights/euro-stoxx-50-quiddity-leaderboard-for-sep-22-eurozone-s-annual-big-impact-rebal-trades" target="_blank" data-smartkarma-citation="insights:72736" rel="noopener">Euro Stoxx 50 Quiddity Leaderboard for Sep 22: Eurozone's Annual Big Impact Rebal Trades</a>, we looked at the Potential ADDs/DELs and the historical performance of Rebalance Events. </li>
<li>With less than a week left until the Reference date, we take a final look at the rankings in this insight.</li>
</ul>


The EURO STOXX 50 Index is one of the most highly-watched indices in mainland Europe and the annual index review takes place in September.
In Euro Stoxx 50 Quiddity Leaderboard for Sep 22: Eurozone's Annual Big Impact Rebal Trades, we looked at the Potential ADDs/DELs and the historical performance of Rebalance Events. 
With less than a week left until the Reference date, we take a final look at the rankings in this insight.


EURO STOXX 50 Quiddity Leaderboard: Two Potential ADDs with ~US$1bn Flows Each

M&A Reporting, CTFN

Jonathan Spitzer

M&A Reporting

CTFN

Bringing the marketplace leading coverage of mergers, events, and major corporate actions, CTFN has a team of seasoned reporters from Los Angeles to London, publishing news that advances stories that matter to event-driven investors and deal professionals.

Event-Driven

German utilities E.ON and RWE remain in pre-notification discussions with the European Commission to obtain regulatory clearance for their planned asset swap, an E.ON spokesperson told CTFN. “It’s a normal process to clarify some basics in a pre-notifications phase. That usually takes some months. After this phase we will submit a formal notification,” the spokesperson said.

German utilities E.ON and RWE remain in pre-notification discussions with the European Commission to obtain regulatory clearance for their planned asset swap, an E.ON spokesperson told CTFN. “It’s a normal process to clarify some basics in a pre-notifications phase. That usually takes some months. After this phase we will submit a formal notification,” the spokesperson said.

E.ON-RWE Asset Swap Likely Subject to Lengthy Reviews

Leading Independent Investment Research, Morningstar, Inc.

Morningstar

Leading Independent Investment Research

Morningstar, Inc.

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. We offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors. 

Morningstar provides data on more than 500,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 16 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries, with more than $180 billion in assets under advisement or management as of June 30, 2015. We have operations in 27 countries.

Download the Morningstar Fact Sheet : http://corporate.morningstar.com/US/documents/MarketingFactSheets/AboutMorningstarFactsheet.pdf

<ul><li class="p1">When German utilities RWE and E.ON complete their planned spin-offs this year, each company will offer investors two options: Upstream or downstream?</li><li class="p1">We think both businesses offer attractive attributes. But we think investors should buy the whole packages today at steep discounts to fair value.</li></ul>Analyst: Travis Miller

When German utilities RWE and E.ON complete their planned spin-offs this year, each company will offer investors two options: Upstream or downstream?We think both businesses offer attractive attributes. But we think investors should buy the whole packages today at steep discounts to fair value.Analyst: Travis Miller

RWE and E.ON: Time to Buy German Utilities Before Splits Lift Valuations.

Germany

RWE Aktiengesellschaft is a globally active energy company. The Company generates and trades electricity. RWE has a capacity of about 10 gigawatts based on renewable sources, as well as gas fleet and an internationally active energy trading business. RWE serves clients in Europe, Asia-Pacific, and the United States.

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RWE (RWE GR)

EURO STOXX 50 Quiddity Leaderboard: Two Potential ADDs with ~US$1bn Flows Each

I expect 2 ADDs with ~US$1bn inflows each and 2 DELs with ~US$0.5bn in outflows each. While flows are significant, the LONG ADDs-SHORT DELs Trade...

Janaghan Jeyakumar, CFA

E.ON-RWE Asset Swap Likely Subject to Lengthy Reviews

German utilities E.ON and RWE remain in pre-notification discussions with the European Commission to obtain regulatory clearance for their planned...

CTFN

RWE and E.ON: Time to Buy German Utilities Before Splits Lift Valuations.

When German utilities RWE and E.ON complete their planned spin-offs this year, each company will offer investors two options: Upstream or...

Morningstar, Inc.

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