In today’s briefing:
- MV Global Uranium & Nuclear Energy/Infra Index Rebalance: Changes Lead to US$824m Trade
- MV Global Rare Earth/Strategic Metals Index Rebalance: Multiple Flows for the Adds
- Overview #77 – Burning Down the House
MV Global Uranium & Nuclear Energy/Infra Index Rebalance: Changes Lead to US$824m Trade
- There is 1 add/delete for the MarketVector Global Uranium and Nuclear Energy Index, and no constituent changes for the MVIS Global Uranium & Nuclear Energy Infrastructure Index in September.
- Boss Energy (BOE AU) is an add, Encore Energy (EU US) is a delete, and there is a listing switch for IsoEnergy (ISO CN).
- The round-trip trade across both indices is US$824m with capping changes resulting in much bigger flow for the MVIS Global Uranium & Nuclear Energy Index.
MV Global Rare Earth/Strategic Metals Index Rebalance: Multiple Flows for the Adds
- EQ Resources (EQR AU) and Core Lithium Ltd (CXO AU) will be added to the VanEck Rare Earth/Strategic Me (REMX US) at the close on 18 September.
- The constituent changes, float changes and capping changes result in an estimated one-way turnover of 7.7% and in a round-trip trade of US$514m.
- Other passive index trackers will be buying significant size in EQ Resources (EQR AU) and smaller size in Core Lithium Ltd (CXO AU) at the same time.
Overview #77 – Burning Down the House
- A review of recent events/data impacting our investment themes and outlook
- Government bond markets continue to exert pressure on other assets
- The Japanese Yen has likely confirmed a trend change – expect more volatility
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Data and News
- ✓ Events & Webinars
