​Daily Bulletin: Wednesday Feb. 18

JPMorgan has licensed the Stoxx Europe Sharpe Ratio 50 index for a structured product. The first of its kind index selects components of the Stoxx Europe 600 index that have the highest Sharpe ratios, while excluding those with low dividend yields and low liquidity. The Stoxx Europe Sharpe Ratio 50 index selects companies from the Stoxx Europe 600 that have an average six-month daily traded volume above EUR1 million and are among the top 20% of dividend payers. Then, those 50 companies with the highest one-year Sharpe ratios are included in the index. In the U.S. trading around energy was seen again in flow as crude stabilized around USD50. So real estate sector plays were also seen as interest rates seem likely to rise in September over June, following the release of the Fed’s January minutes.