The ten-year German Bunds have fallen below zero percent. Returns offered by ten-year German Bunds have fallen below zero percent for the first time. This is what Stefan Kreuzkamp, Chief Investment Officer at Deutsche Asset Management, has to say:
“Ten-year German Bund yields are the measure of all things in finance. A minus in front of the interest rate is a symbolic manifestation of a world turning upside down. The evaporation of this reference distorts every single asset class.”
“As we approached this negative interest rate scenario, there have been some winners and many losers. German savers are in the losing camp because their exposure to equities and real estate is below the average of other countries, while the share of savings accounts is above average.”
“A negative interest rate has one benefit: It forces Germans to reconsider their investment behavior.”
“Of course there is no actual right to receive a positive interest rate. However, a market economy depends on prices providing accurate signals. The QE programs rolled out by central banks have distorted the demand side to such an extent that it no longer gives a proper indication of the savings and investment environment in the economy.”
Stefan Kreuzkamp CIO Deutsche Asset Management
Deutsche Asset Management
With about EUR 739 billion of assets under management (as of March 31, 2016), Deutsche Asset Management¹ is one of the world’s leading investment management organizations. Deutsche Asset Management offers individuals and institutions traditional and alternative investments across all major asset classes. ¹
Deutsche Asset Management is the brand name of the Asset Management division of the Deutsche Bank Group. The respective legal entities offering products or services under the Deutsche Asset Management brand are specified in the respective contracts, sales materials and other product information documents.
Plats: Haymarket by Scandic, Hötorget 13-15, Stockholm
Nordisk ETF-workshop för kapitalförvaltare 2025
XENIX anordnar en workshop för fondbolag och småförvaltare i Norden för att demonstrera framgångsrika strategier för lansering av ETFer. Huvudämnena för den tre timmar långa workshopen är olika ETF-koncept (byggda eller white-label), nödvändiga indexmetoder (anpassade eller standardindex), specifika distributionskanaler (med Tyskland som exempel), rollen för en ETF-marknadsgarant (auktoriserad deltagare) och (kors)notering på Europas ledande ETF-börser (Xetra, LSEG, Borsa Italiana).
XENIX organiserar detta evenemang i samarbete med Henrik Norén, VD för Nordicus och bland annat tidigare VD för XACT Fonder, Handelsbankens ETF-leverantör. Andra partners inkluderar indexleverantören Market Vector Indexes och Investlinx ICAV, en oberoende leverantör av aktiva ETF:er.
FinTech-företag och kapitalförvaltare kan få ytterligare information på info@xenix.eu eller +49 151 17 83 52 93.
Program
09.00 – Registrering och välkomstkaffe
09.15 – Öppningsimpuls #1
25 år av ETF:er i Europa – Ständiga trender och framgångshistorier
Dr. Markus Thomas
09.30 – Öppningsimpuls #2
Tillväxtmöjligheter för nordiska kapitalförvaltare i ETF-boomen
Henrik Norén, Nordicus
09.45 – Öppningsimpuls #3
Anpassade index för ETFer – Anpassa ditt företag till ETFer
Thomas Kettner, Market Vector Indexes
10.00 – Tillverka eller köpa?
Vägarna till ETF-framgång: Tillgång till strategier och bästa praxis
Expertpanel
10.30 – Samtal
Anpassade riktmärken för FinTechs och kapitalförvaltare
Dr Markus Thomas pratar med Thomas Kettner, Market Vector Indexes
11.15 – Strategipanel
Framgångsfaktorer för nykomlingar på den europeiska ETF-marknaden
Expertpanel
11.55 – Sammanfattning
12.00 – Nätverkande och förfriskningar
12.45 – Slut
Ändringar är möjliga när som helst med ytterligare meddelanden från Xenix.
Endast för institutionella investerare och endast via inbjudan. Begränsat antal deltagare.
I denna text tittar vi närmare på olika börshandlade produkter som ger exponering mot Sui. Precis som för många andra kryptovalutor och tokens finns det flera olika börshandlade produkter som spårar Sui. Vi har identifierar tre stycken sådana produkter.
De olika produkterna skiljer sig en del åt, en del av emittenter av ETPer arbetar med så kallad staking för vissa kryptovalutor, vilket gör att förvaltningsavgiften kan pressas ned. Det är emellertid inte så att alla dessa börshandlade produkter är identiska varför det är viktigt att läsa på.
Börshandlade produkter som ger exponering mot Sui
Precis som för många andra kryptovalutor och tokens finns det flera olika börshandlade produkter som spårar Sui. Det finns faktiskt tre börshandlad produkter som är noterade på svenska börser vilket gör att den som vill handla med dessa slipper växlingsavgifterna, något som kan vara skönt om det gäller upprepade transaktioner i olika riktningar.
För ytterligare information om respektive ETP klicka på kortnamnet i tabellen nedan.
Dogecoin’s performance and staying power across multiple market cycles suggest it is not “just another one of those memecoins”.
Over the past decade, DOGE has outperformed even Bitcoin, delivering over 133,000% in returns, nearly 1,000x BTC’s gains in the same period. Despite deep drawdowns during bear markets, Dogecoin has shown remarkable structural resilience.
Following each major rally, it has consistently formed higher lows, a pattern of long-term appreciation and compounding strength.
Historically, Dogecoin has closely mirrored Bitcoin’s movements, often peaking a few weeks after. While 2024 saw Bitcoin dominate headlines following landmark ETF approvals, DOGE still followed its trajectory, though it has yet to stage its typical delayed breakout.
As macro uncertainty continues to fade and momentum returns to the market, retail participation is likely to accelerate, setting up conditions in which Dogecoin has historically thrived.
At the same time, regulatory clarity around Dogecoin has improved. The SEC recently confirmed that most memecoins are not considered securities, comparing them to collectibles. Additionally, they clarified that proof-of-work rewards, like those earned from mining DOGE, also fall outside that scope. These developments further legitimize Dogecoin’s role in the ecosystem, potentially setting the stage for its next paw up, especially as it now holds a firm base around $0.17, nearly 3x its pre-rally level before reaching a new all-time high in the last cycle.
In addition to its long-term performance, Dogecoin stands out as an asset that behaves asymmetrically, offering investors a rare source of uncorrelated returns across both traditional and crypto portfolios. With an average correlation of just 15% to major assets, DOGE’s price action remains largely detached from broader macroeconomic trends, reinforcing its value as a true diversification tool.
Dogecoin demonstrates significant independence within the crypto market, with its correlation to Bitcoin at only 31% and to Ethereum at 37%. This divergence stems from unique capital flow dynamics, where higher-beta assets like DOGE tend to rally after blue-chip crypto assets reach major milestones.
While Bitcoin slowly evolves into a digital store of value and Ethereum powers decentralized infrastructure, Dogecoin remains largely a cultural asset, thriving on narrative momentum and crowd psychology, offering explosive upside when risk appetite surges.
For investors seeking an upside without mirroring the behavior of core holdings, Dogecoin offers a compelling case. Its ability to decouple from market trends while tapping into more speculative surges makes it a powerful, though unconventional, addition to a portfolio with wildcard potential.
Research Newsletter
Each week the 21Shares Research team will publish our data-driven insights into the crypto asset world through this newsletter. Please direct any comments, questions, and words of feedback to research@21shares.com
Disclaimer
The information provided does not constitute a prospectus or other offering material and does not contain or constitute an offer to sell or a solicitation of any offer to buy securities in any jurisdiction. Some of the information published herein may contain forward-looking statements. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties and that actual results may differ materially from those in the forward-looking statements as a result of various factors. The information contained herein may not be considered as economic, legal, tax or other advice and users are cautioned to base investment decisions or other decisions solely on the content hereof.