STOXX Monthly Index News: Investors Welcome Eurogroup Agreement On Greece

In May, equity markets have been heavily influenced by the Eurogroup and the Federal Reserve System. The Eurogroup’s agreement to unlock new billions in bailout money for Greece pushed worldwide markets, while the Fed’s announcement to accelerate interest-rate increases lead investors to economically less sensitive sectors.

In Europe, more and more investors profit with passive investment products from these and other market developments. According to ETFGI, assets under management in ETFs/ETPs listed in Europe reached a new record high of USD 533 billion at the end of April. Fixed income ETFs gathered the largest net inflows. With our new EURO STOXX 50 Corporate Bond Index market participants can invest into investment grade debt issued by key Eurozone blue-chip companies.

Please find further information within the Monthly Index News or download STOXX's research paper about the EURO STOXX 50 Corporate Bond Index directly.