O’Shares Europe Quality Price, Forecast, Insider, Ratings, Fundamentals & Signals

Boston--(business wire)--o’shares etfs / investments (“o’shares”) today announced the completion of a strategic transaction with ss&c technologies, which owns ss&c alps advisors. ss&c alps advisors has a total aum of over $19 billion. the etfs managed by o’shares have been reorganized into etfs established by ss&c alps advisors, each continuing with the same target index and ticker symbols: ousa, ousm, oeur and ogig. “we look forward to working with ss&c, with their added scale and enhanced distribution,” said kevin o’leary, chairman of o’shares. “the etfs will continue tracking the proprietary indexes we developed, focused on quality and preservation of capital, which is important to me because they are core allocations in my long-term portfolio...

Boston--(business wire)--ogig recently completed its semi-annual portfolio reconstitution, adding new positions in 12 companies with strong revenue growth, over 80% (weighted average), driven by “new tech." the ogig index is a rules-based index that seeks to identify and add stocks as their growth metrics improve. kevin o’leary, chairman of o’shares etfs, had this to say on the difference between new and old tech, “here’s why i like new tech. new tech companies generate innovation and strong revenue growth – creating value, while many old tech companies have slowing growth rates, as new tech companies eat their lunch. ogig is my favorite strategy for the fast-changing tech sector...

Boston--(business wire)--o’shares etfs is proud to announce that ogig is celebrating it’s 3-year anniversary, a performance track record of 30.81% annualized (through 6/30/2021) and growth to nearly $700 million. in 2020, ogig performance of +107% made it one of the top performing etfs of the year. ceo, connor o’brien had this to say: “ogig’s performance reflects a portfolio of large cap e-commerce and internet companies, driven by innovation, and selected for strong revenue growth. ogig was developed to give investors a unique way to invest in what we believe are these fast-growing companies, rather than slower growth old technology indexes. the ogig index focus on revenue growth was early to identify stocks such as zoom, shopify, mercadolibre, twilio and more...

Boston--(business wire)--“yes. ogig was up over 100% in 2020 and up over 10% already in 2021. yes, i’m buying more. why? because i believe the digital consumer and business mega trends will just keep going. we are never going back to the old normal,” said kevin o’leary, chairman and co-owner of o’shares etfs. o’shares global internet giants etf (ogig) performance was up over 107% for the year ending 12/31/2020 and up over 10% to start 2021 through 2/9/2021 (outperforming the nasdaq 100 stock index by 58% in 2020 and by 8% in 2021 through 2/9/2021). ogig has increased aum to over $800 million. performance reflects the ogig index and portfolio of 60 plus e-commerce and internet stocks, selected for quality and revenue growth...

Boston--(business wire)--o’shares global internet giants etf (ogig) generated over 109% return in the 1-year ending 12/16/2020, outperforming the nasdaq 100 stock index by over 60%. performance reflects the ogig index and portfolio of 60 plus e-commerce and internet stocks, selected for quality and revenue growth. strong performance and investor demand has pushed aum over $600 million, with inflows from a diverse investor base. view the standardized performance for ogig. “it’s amazing how rapidly covid transformed the consumer, businesses and the economy. all have become much more digital. it’s much more than a simple story of work from home. it’s work, shop, play and more from anywhere you want, for consumers and for businesses...

New indicators are flashing that European central bankers are gearing up for rate cuts this summer. The New York Times reported that during a number of recent meetings in Washington, European policymakers expressed optimism that inflation concerns have eased in the area.

The eurozone escaped a technical recession, and a number of indicators suggest the economy is now bottoming out. The ECB is expected to cut rates from June onwards, but more cautiously than the market is currently anticipating.

Europe managed to avoid an energy crisis despite the Ukraine war, with inflation under control and interest rates peaking. The European Central Bank is expected to lead interest rate cuts, followed by the Bank of England and Scandinavian central banks.

The first question for next week's European Central Bank meeting is how the Bank will react to current market pricing. The second, however, is why should the ECB react to current market pricing.

As European inflation rates converge with targets, markets expect rate cuts. But central banks are set on a decisive victory over inflation. As expected, the Bank of England left the bank rate unchanged at 5.25% at its December meeting.

The four ETFs in SS&C ALPS Advisors' lineup that have seen the highest returns in 2023 focused on technology and international stocks. 1. ALPS O'Shares Global Internet Giants ETF (OGIG) OGIG is ALPS' best-performing ETF in 2023.

The European Central Bank (ECB) kept its key policy rates on hold today for the second consecutive meeting. The interest rate on the main refinancing operations, the marginal lending facility, and the deposit facility remain at 4.5%, 4.75% and 4.0%, respectively.

The ECB will almost surely keep rates on hold at the December meeting. The question is to what extent it will align with the market's aggressive pricing for rate cuts in 2024.

The ECB hike cycle seems over, but the shockwaves of tightening will still shape the eurozone economy in 2024. Traditional lags in transmission are now accompanied by longer ones in average interest burden increases, potentially extending the impact of tightening.

Next week's challenge for the European Central Bank is how to keep all options open without sounding too dovish but also not too detached from reality. The weak macro economic backdrop no longer justifies rate hikes, even for the hawks.