INFOSTREAM Datastream News Macro Explorer in Thomson Reuters Eikon The New Visualisation Experience, powered by Datastream Thomson Reuters has launched the Macro Explorer app within Thomson Reuters Eikon version 4. The app leverages the depth and breadth of Datastream content and allows exploration and analysis of economic performance, areas of risk and macro investment opportunities using new and innovative concepts. Filter, compare, navigate and discover patterns and trends with powerful new visualisation tools. New ways to explore Choose from a library of several hundred indicators and display these across four distinct views. Simple and intuitive tools allow you to optionally filter the indicators to display specific country lists or regions, and values within specified ranges – for example display all countries within the Asia Pacific region where Gross Government Debt is less than 50% of GDP. A slider allows you to choose which year you would like to analyse – and a play button allows you to watch how values develop and evolve over time. To switch between the four views, click the icons in the top-right corner of the app: • World Map – Use this view to discover geographical patterns and hot spots on the map. For a chosen measure, which is selected using the Focus dropdown menu at the top of the map, values for each country are displayed according to a colour-coded scale – relatively high values are a lighter colour; relatively lower values are a darker colour. Hover your mouse over countries on the map to display quick charts and latest values, and click on countries to open charts comparing values. continued on page 2 Q1.14 in this issue • Macro Explorer – innovative data visualisation concepts • Thomson Reuters Eikon with Datastream integration update • Navigator 4.5 enhancements • Microsoft withdrawal of support for Windows XP and Office 2003 • Latest content enhancements contents feature 01Macro Explorer in Thomson Reuters Eikon product enhancement 07Recent Changes to Navigator 14Thomson Reuters Eikon with Datastream – Integration Update 17Microsoft Withdrawal of Support for Windows XP and Office 2003 on 8 April 2014 content enhancement 18Economics Round-up 22Regional and Global Aggregate Series Added to Consensus Economics Historical Database 25Equity Indices – Update for February 2014 30Equities and Funds – Update for February 2014 35I/B/E/S – Announce Dates for Actuals 37ASSET4 Content Optimisation Update 39Datastream Interest Rate Content Changes 43Commodities & Energy 46Company Additions to Worldscope 50Contributors 2 INFOSTREAM • Q1 2014 • © Thomson Reuters 2014 FE ATUR E • Moving Grid – Use this view to find top/bottom performers and spot trends across periods. Each country included in your chosen universe is ranked in descending order of values for the measure you choose from the Focus menu. Values for the Current Year selected on the slider are shown in orange, and values for the previous year are shown in grey. 3 INFOSTREAM • Q1 2014 • © Thomson Reuters 2014 FE ATUR E • Scatter Plot – Use this view to explore trends in relationships between three different measures – and spot country clusters and outliers. Use the dropdown menus at the top of the window to select which measure to show not just on the X (horizontal) and Y (vertical) axes, but also as the bubble size for each country as a third variable. Hover your mouse over a bubble on the chart to display a quick chart and the latest value, or click on the bubble to display the X and Y values. 4 INFOSTREAM • Q1 2014 • © Thomson Reuters 2014 FE ATUR E • Table – Use this view to display and sort tabular values for all the countries and measures you have selected, with the option to export to Excel using the icon in the top right. Additionally, you can open respective Country Overview pages within the Thomson Reuters Eikon desktop by right-clicking on country names in this view, then selecting Open in New Window (countries for which this feature is available are highlighted in white). 5 INFOSTREAM • Q1 2014 • © Thomson Reuters 2014 FE ATUR E How to access Macro Explorer is available from the App Library, where it can be added as a favourite; from the Search box, including under the shortcut MACROX; or using the link in the top right of the Country Overview pages in Thomson Reuters Eikon. For more information and training, contact your local Thomson Reuters representative or watch an On-Demand training video here. 6 INFOSTREAM • Q1 2014 • © Thomson Reuters 2014 FE ATUR E Recent Changes to Navigator The Datastream Navigator has recently been enhanced to make it easier for you to select the series you require from the millions of time series available on Datastream. These changes include enhancements to: • The datatype search interface – this now uses the powerful text search, explorer and filtering facilities currently used for the series search – in order to facilitate the selection of the most appropriate datatypes for your analysis. • The preview pane, which displays charts and metadata for the series to help differentiate between the series. This now displays: • Links to pages on the source’s websites that cover their press releases for Economics series • Dates the values for a series will next be updated for Economics series • Lipper codes for Mutual Funds • Thomson ONE codes for alternative Equity quotes • The list creation and editing facilities in the My Selections interface to support: • Series not currently held in the Datastream central servers or Navigator (but available in other Thomson Reuters databases) • Thomson ONE codes for alternative equity quotes • Series/datatype/expression combinations – BARC(DY), 009E(BARC), etc • Other facilities added in this version include: • Display of the number of series in each explorer node, and the option to select and view multiple explorers results pages • Addition of shortcut keys to move quickly around the explorer hierarchies • The indentations to the descriptions in the explorers are now exported with the series to Excel, with a column for the indentation level • Return of the RIC code for the instrument selected when using the latest version Datastream for Office (2.1 Build 150) • More ‘recent searches’ for returning to previous searches and explorer selections This version also operates with Internet Explorer 11. Enhanced facilities for searching for datatypes Datatypes for the selected data category can now be quickly searched using the same powerful text search engine behind the series searching facilities. Typing in text including wild cards – * ? or similar terms such as EPS for Earnings Per Share will return a set of ordered results, which can then be filtered based on whether static or time series datatypes are required, and the source. 7 INFOSTREAM • Q1 2014 • © Thomson Reuters 2014 P RODU C T E N HAN C E MENT In addition, you can use the explorer hierarchies to narrow down the results using the explorer trees available for the different data categories such as for the estimates provided by I/B/E/S. Selecting the row in the results will display notes on the datatype, and the explorer tree(s) which the selected datatype appears in to help you locate similar datatypes (click the link to display the explorer hierarchy required). 8 INFOSTREAM • Q1 2014 • © Thomson Reuters 2014 P RODU C T E N HAN C E MENT Enhancements to the preview pane For Economics series, links to the pages on the source websites with the details of the press releases, have been added for key series in the notes section, along with the dates of the next releases. 9 INFOSTREAM • Q1 2014 • © Thomson Reuters 2014 P RODU C T E N HAN C E MENT The Lipper codes for Mutual Funds and Thomson ONE codes for alternative Equity quotes (see enhanced list facilities screen below) are also displayed in the preview pane. Enhanced list facilities The list creation and editing facilities in Navigator have been extended to enable different quotes for the same security to be added to My Selections and to create a list using these codes. 10 INFOSTREAM • Q1 2014 • © Thomson Reuters 2014 P RODU C T E N HAN C E MENT Alternatively, if you know the symbol for the quote, this can be typed in directly (even if not displayed in Navigator) – so the list can be used in other Thomson Reuters interfaces. Or you can add series with datatypes such as BARC(DY), FTSE100(RI), etc where you need a single list with series with different datatypes, or Datastream expression codes such as 009E(BARC). Note: With these extensions to the list building and editing facilities in My Selections, Datastream for Office users visiting the List Editor from the Excel ribbon, will instead be directed to the My Selection list facilities in Navigator that now have similar functionality. Other enhancements in this new release A range of further enhancements are included within this release, including the following. The display of the number of series in each explorer node, to help you identify the node most likely to contain series you need in your analysis, and the option if there are several smaller nodes to display the series in these together – the text searching, and filters are then available to use with the combined results set. 11 INFOSTREAM • Q1 2014 • © Thomson Reuters 2014 P RODU C T E N HAN C E MENT An extended set of shortcut keys is now available to move quickly around the explorers. Press: • E on the keyboard when the focus is on the Navigator page to display the explorer hierarchies • The arrow keys to move up/down and across the explorer hierarchies • The first character of the country (for lists of countries that are sorted alphabetically) to move to the first country in the list, with subsequent presses moving through those countries starting with that character • <Enter> to then select the required explorer node These are in addition to the standard browser keys – Alt left and right arrow keys – to move to previous page and then forward again to the current page. When an explorer tree with indentations is exported to Excel, the descriptions are indented to reflect these indentations in the table, and a column with the indentation levels is included to show the layout of the series from the source. 12 INFOSTREAM • Q1 2014 • © Thomson Reuters 2014 P RODU C T E N HAN C E MENT The RIC code is now selectable in the preview pane to return this to the latest version of Datastream for Office, and more ‘Recent Searches’ for returning to previous searches and explorer selections are held. 13 INFOSTREAM • Q1 2014 • © Thomson Reuters 2014 P RODU C T E N HAN C E MENT Thomson Reuters Eikon with Datastream – Integration Update Thomson Reuters Eikon with Datastream is the next-generation Thomson Reuters platform, combining the premier desktop for financial professionals with Datastream’s powerful cross-asset charting and analytical tools. Upgrade from previous versions of the Datastream desktop to experience enhanced, intuitive and convenient workflows including autosuggest and shortcuts, and benefit from access to broader content and information including the world-class Reuters News service, plus integrated collaboration tools. With the release of Thomson Reuters Eikon version 4 in Q1 2014, the advantages of upgrading are greater than ever, with Datastream capabilities better integrated and embedded, and the deployment experience of the Microsoft Office add-ins simpler and easier. Key benefits: • Suite of integrated Datastream Charting apps via shortcuts and and/or menu favourites, which provide convenient, multi-tab or multi-window access to your existing library of charts, styles and templates – plus Chart Studies for quick and easy access to commonly used valuation, performance, technical and fundamentals charts. • Ground-breaking innovation – including access to the brand-new Macro Explorer app, which leverages the power, breadth and depth of Datastream content and allows you to explore global trends, areas of risk and macro investment opportunities using a variety of visualisations, including a world map. • Holistic content including news from Reuters and The Economist, Reuters Polls, social media monitoring and sentiment analysis, research, ownership, price monitoring and portfolio management tools. • All charts, styles, templates, expressions, lists, user created indices and time series that you have created using the Datastream desktop are retained – no need to migrate. • Integrated collaboration and messaging tools connect you to the financial community. 14 INFOSTREAM • Q1 2014 • © Thomson Reuters 2014 P RODU C T E N HAN C E MENT Add-ins for Microsoft Office Upgrading to Thomson Reuters Eikon for Microsoft Office offers significant advantages and additional capabilities: • Formula-based requests which can be integrated with Excel formulas, rather than Active X controls. • Enhanced expression-building interface including extended character limits. • Simplified deployment experience via Check for Updates within the Eikon desktop. • HTTP communications which allow you to connect on the go using wifi. • Extended content eg real-time pricing, detailed estimates, ownership, StarMine. • Integration with Eikon desktop via right-click to relevant views eg News. • Keyboard shortcuts for routine Office tasks. • Screening and portfolio management tools. 15 INFOSTREAM • Q1 2014 • © Thomson Reuters 2014 P RODU C T E N HAN C E MENT For more information, contact your local Thomson Reuters representative and watch this video! 16 INFOSTREAM • Q1 2014 • © Thomson Reuters 2014 P RODU C T E N HAN C E MENT Microsoft Withdrawal of Support for Windows XP and Office 2003 on 8 April 2014 Implications for Datastream Microsoft has announced that it is withdrawing support for the Windows XP operating system and Office 2003 suite on 8 April 2014 – for full details of this announcement please refer to this notice on the Microsoft website. As a result of this change, it is likely that any customers still using this software will soon move to a more recent Windows operating system. Thomson Reuters would like to warn customers that older Datastream interfaces are not compatible with 64bit environments – so the choice of operating system may have implications. Specifically, the DS Windows interface, which was an early precursor of the Datastream Desktop (Advance) and Datastream Professional products, is a 16bit application and is not compatible with 64bit operating systems. DS Windows has not been removed from support by Thomson Reuters and there are still existing users of this product. Thomson Reuters has been actively communicating this announcement to customers over recent months, but any customers who currently use DS Windows or are unsure whether they are impacted, are strongly urged to contact their local Thomson Reuters representative or Help Desk, to obtain further information and advice. 17 INFOSTREAM • Q1 2014 • © Thomson Reuters 2014 P RODU C T E N HAN C E MENT Economics Round-up The latest release of Navigator includes Next Dates of Release for over 300,000 national source series! Taken from calendars published by the sources or estimated from past experience, the dates provide the tool for planning around next updates; or for knowing the economic events to be released on a given day. This is phase one of a two-part release. The second phase will provide the reference period, ie observation, that is being issued on the release date. Please see the article on page 7 for more information. Much progress was made on the projects for expanding coverage of emerging markets of Africa and CIS. More than 17,500 new series were added, providing more extensive economic profiles for analysis. Macroeconomic forecasts for the world and regions from Consensus Economics are now available – see page 22. Other series additions include a variety of data across many markets including new proprietary indicators. Africa The African market expansions are summarised below, with sources and new data highlights given. Please refer to the Content Updates for full details. Algeria Content Update #6756 – 231 series Sources: National Office for Statistics and Banque d’Algérie New data: CPI and components; central bank balance sheet; labour market key indicators; population by age; balance of payments; merchandise trade totals; series on agriculture and tourism industries. Botswana Content Update #6774 – 524 series Sources: Bank of Botswana and Central Statistics Office New data: Quarterly GDP and components; detailed cost of living indices; employment; assets and liabilities for different financial institutions; government expenditures; trade by commodity and by country. Cote d’Ivoire Content Update #6690 – 416 series Source: Central Bank of West African States (BCEAO) New data: Commercial and central bank balance sheets; government accounts; national accounts from this second source; industry and agricultural production; balance of payments; trade by commodity and country; CPI detail. Egypt Content Update #6602 – 806 series Sources: Central Bank of Egypt, Ministry of Planning, Ministry of Finance, Ministry of Petroleum and Central Agency for Public Mobilisation and Statistics New data: Industry GDP and production indices; government operations accounts and debt; banking credits and deposits; trade by commodity, country and combination. 18 INFOSTREAM • Q1 2014 • © Thomson Reuters 2014 CON T E N T E N HAN C E MENT Morocco Content Update #6754 – 132 series Sources: Bank Al-Maghrib and Ministry of Economy & Finance New data: Money supply and liquid investments; weekly international reserves; government accounts; external debt details; energy statistics. Mozambique Content Update #6763 – 403 series Sources: National Institute of Statistics and Bank of Mozambique New data: Business confidence, bank loans to business; real GDP by industry; industrial production and sales, employment and wages; government accounts; external debt and debt service; exports and imports. Namibia Content Update #6773 – 158 series Source: Namibia Statistics Agency New data: CPI details; trade by commodity and country. Nigeria Content Update #6588 – 1,980 series Sources: National Bureau of Statistics of Nigeria and Central Bank of Nigeria New data: Consumer and business outlooks; detailed employment statistics; GDP deflators; public finance accounts; central bank balance sheet; various balance of payments presentations; foreign trade indices, trade by commodity and country. South Africa Content Update #6624 – 1,453 series Sources: Statistics South Africa, South African Reserve Bank, Chamber of Mines of South Africa and the National Treasury New data: CPI details by type, region and commodity; manufacturing and gold production; sales; tourism and migration statistics; public finance. Sudan Content Update #6772 – 479 series Source: Central Bank of Sudan New data: Commercial and central bank balance sheets; balance of payments and merchandise trade by commodity and country. Tunisia Content Update #6758 – 223 series Source: National Statistics Institute New data: CPI and PPI detail; industrial and agricultural production; employment, unemployment and job vacancies; population age and density. Uganda Content Update #6698 – 1,973 series Sources: Bank of Uganda and Uganda Bureau of Statistics New data: Business tendency survey; CPIs, PPIs and GDP deflators; central government operations; banking balance sheets and credit extended by industry; main labour market statistics; personal expenditures; demographics; agriculture, housing, construction, energy, utilities, transport and tourism indicators; IIP; trade by commodity and country. Zambia Content Update #6775 – 485 series Sources: Bank of Zambia, Central Statistical Office and Ministry of Finance & National Planning New data: GDP by industry; trade by commodity; CPIs, money supply; banking detail; government debt. Zimbabwe Content Update #6777 – 677 series Sources: Zimbabwe National Statistics Agency (ZIMSTAT), Reserve Bank of Zimbabwe and Zimbabwe Ministry of Finance New data: GDP by expenditure, income and industry; employment and earnings by industry; banking balance sheets; balance of payments; external debt; trade by commodity and country. Russia and CIS Russia Content Update #6589 – 3,358 series Sources: Federal State Statistics Service, Central Bank of the Russian Federation, Ministry of Finance of the Russian Federation, Ministry of Economic Development of the Russian Federation and Federal Customs Service 19 INFOSTREAM • Q1 2014 • © Thomson Reuters 2014 CON T E N T E N HAN C E MENT New data: Consumer confidence; detailed national accounts; central government expenditures and external debt; money supply; statistics for retail and wholesale trade, agriculture, construction, services, transport, education, healthcare and industry sectors; more CPIs, house and construction prices; workforce, employment, unemployment and wages; imports and exports. Kazakhstan Content Update #6686 – 1,929 series Sources: National Bank of Kazakhstan and Agency of Statistics of the Republic of Kazakhstan New data: GDP components; key production and industry indicators on agriculture, transport, services and construction; business confidence series and short-term economic indicator; consumer, producer and house prices; monetary survey, supply and deposits; international reserves; balance of payments and international investment position; external debt. Plus regional data on gross products, production, consumer and producer prices, wages, population and labour market. Ukraine Content Update #6587 – 2,371 series Sources: State Statistics Service of Ukraine, National Bank of Ukraine and Ministry of Finance of Ukraine New data: Consumer confidence; quarterly GDP, detailed industrial production; capital investment, construction and building; retail and wholesale trade, energy and tourism statistics; CPI and core detail; producer, construction, communication, agriculture prices; foreign trade and cargo prices; general and state government budgets; public and external debt; labour force survey and demand. Plus regional statistics on population, gross products, industry production, agriculture, workforce and wages; detailed consumer prices; international trade. Other Additions Proprietary new indicators released recently include the following: Economic Policy Uncertainty Indices: This data is compiled by Scott Baker, Nicholas Bloom and Steven J Davis at www.policyuncertainty.com. They use a variety of sources and newspapers, and “construct an index from three types of underlying components. One component quantifies newspaper coverage of policy-related economic uncertainty. A second component reflects the number of federal tax code provisions set to expire in future years. The third component uses disagreement among economic forecasters as a proxy for uncertainty.” The 25 series include overall and per category uncertainty indices for Canada, China, France, Germany, India, Italy, Spain, the UK and the USA. The indices are monthly and generally start in 1985. For the USA there are also two daily releases. Content Update #6573. PMIs: The latest Purchasing Managers Indices (PMI) to be introduced by Markit Economics are the HSBC South African and Blominvest Lebanese PMIs for whole economies. The indicators are compiled from surveys of about 400 private-sector firms in the manufacturing, mining, services, construction and retail sectors. The standard PMI methodology is employed, and in line with the other Markit PMI surveys, there are sub-indices for backlogs of work, employment, input prices, new export orders, new orders, output, output prices, purchase prices, quantity of purchases, staff costs, suppliers’ delivery times and stocks of purchases. Content Updates #6708 and #6709. UK Growth Indicator: The Confederation of British Industry (CBI) recently launched a composite economic indicator which aggregates output for manufacturing, distribution trades; consumer, business and professional services sectors. The CBI Growth Indicator is an important barometer for the pace and trend of UK economic growth, covering about 75% of the private sector economy. The monthly composite data is available for both past three months and the next three months. Content Update #6703. US Remodelling Index: BuildFax compiles indices on residential construction remodelling projects authorised by building permits. Series are available in the database reported for the US total and four census regions. The new series are provided on a monthly basis, seasonally and not seasonally adjusted, and have history back to January 2000. Content Update #6613. 20 INFOSTREAM • Q1 2014 • © Thomson Reuters 2014 CON T E N T E N HAN C E MENT The other recent additions are listed below, along with their Content Update number and a hyperlink to it. 6622 Australia Balance of Payments, Real Goods and Services 6598 Australia Building Activity 6583 Australia Employed Person by Industry Subdivision and Sex 6679 Bolivia Economic Content 6609 Brazil Quarterly Credit Condition Indicators 6674 Brazil Central Bank Assets 6648 Brazil Outstanding Credit Operations by Risk Level 6621 Brazil Residential Real Estate Collateral Value Index 6647 Brazil Rollover Rate, Loan Disbursement and Loan Amortisation 6692 Chile Foreign Trade by Region 6608 China Economic Expansion, Part 4 6739 China Gross Capital Formation by Province 6757 China Industrial Profits from Principal Business 6722 Eurostat Natural Gas & Electricity Prices 6689 Gulf Cooperation Council (GCC) Countries Banking Sector 6551 Japan Capital Finance Account in Non-Financial Corporations 6552 Japan Land Prices 6585 Japan Open-Type Stock Investment Trusts 6568 Japan Small and Medium Enterprises 6629 Malaysia Banking System 6719 Philippine Selected Asset Quality Indicators 6620 Portugal Annual Mortgage Loans 6745 Portugal Imports by Country 6645 Sri Lanka Labour Force Survey 6562 Taiwan Automobile Sales & Production 6765 Turkey Agricultural Producer Price Index 6730 Turkey Currency Composition of External Debt 6770 US Federal Reserve Bank of New York Business Leaders Survey 6660 US Persons Not in Labour Force by Age, Gender and Reason 21 INFOSTREAM • Q1 2014 • © Thomson Reuters 2014 CON T E N T E N HAN C E MENT Regional and Global Aggregate Series Added to Consensus Economics Historical Database By Philip Hubbard and Richard Potts, Consensus Economics Thomson Reuters Datastream and Consensus Economics have jointly launched a new, Historical Consensus Economics Regional and Global Aggregate data service on the Datastream platform. The data will be integrated within the Datastream-Consensus Economics service and provide users with the ability to utilise Datastream’s full range of analytics and reporting functionality. Datastream customers wishing to subscribe to the enhanced Consensus Economics database should contact their local Thomson Reuters representative or Consensus Economics directly (contact details below). Consensus Economics Inc., founded in 1989, is one of the world’s leading international economic survey organisations. Each month Consensus Economics polls more than 700 economists around the world to obtain their economic forecasts and views for the principal macroeconomic variables, for more than 90 countries. They then calculate the ‘consensus forecast’, which is defined as the mean average of the forecasts of individual country panellists, who are generally expert in individual country sectors. A more detailed explanation of the survey methodology, together with examples is shown at http://www.consensuseconomics.com/what_are_consensus_forecasts.htm In addition to the individual country forecasts, Consensus Economics also compiles Regional and Global Aggregate Forecasts for the following regions: North America, Western Europe, EU 27, Euro Area, Asia Pacific, Asia excluding Japan, Eastern Europe, Latin America, Other Countries NIE and World. Using up-to-date market exchange rate weights, the individual country forecasts are aggregated to calculate the regional current and following year forecasts for GDP, Inflation and the Current Account (US$ billion). The historical data series of these consensus forecasts, dating back to September 1998, is now available as part of the PREMIUM service for subscribers, and it may be found in the CEMAIN data module. 22 INFOSTREAM • Q1 2014 • © Thomson Reuters 2014 CON T E N T E N HAN C E MENT Datastream’s Consensus Economics database is unique because of the inclusion of an extensive historical datasets of forecasts – some going back to 1989 – allowing users to examine changes in the economic outlook during critical historical periods across different regions and countries (see below for a comparison of trends in 2012 GDP forecasts). Click here to open a refreshable copy of this chart in your browser Click here to view and edit this chart in Datastream Charting 23 INFOSTREAM • Q1 2014 • © Thomson Reuters 2014 CON T E N T E N HAN C E MENT The data also allows a user to compare how forecasts for a particular region have changed over a given period (see the North American GDP graph below). Click here to open a refreshable copy of this chart in your browser Click here to view and edit this chart in Datastream Charting Consensus Forecasts can provide the busy executive with high-quality useful data, adding credibility to investment decisions. Update times The data is updated shortly after the monthly Consensus Economics publications are released, towards the middle of each month. As with the regular monthly publications, Eastern Europe and Latin American forecast data is updated a week later. Further information For a complete list of series, please see Content Update #6782. Further information on methodology is available on the Consensus Economics website here or by contacting Consensus Economics directly by email editors@consensuseconomics.com or phone +44 (0)20 7491 3211. 24 INFOSTREAM • Q1 2014 • © Thomson Reuters 2014 CON T E N T E N HAN C E MENT Equity Indices – Update for February 2014 This edition of Infostream sees the release of a number of indices from S&P, Dow Jones and Russell and also the FTSE/JSE RAFI 40 Index for South Africa. Changes are being made to the MSCI and S&P Dow Jones Global Industry Classification Standard (GICS), which will impact a number of MSCI and S&P indices. The SIX Swiss Stock Exchange is implementing changes to restrict its equity index constituent data into a new module, and similar changes will be applied to the FTSE Bursa Malaysia KLCI constituent list. Note that security names will remain unrestricted for all the lists impacted by these changes but other data such as weights will become restricted. Both changes will be implemented in July 2014. We are also pleased to announce the release of new Thomson Reuters Private Equity Indices. Read on for all the details. Global Update Thomson Reuters Private Equity Indices Thomson Reuters recently announced the launch of two new indices focused on the US private equity buyout industry. The Thomson Reuters Private Equity Buyout Research Index and the Thomson Reuters Private Equity Buyout Index will utilise Thomson Reuters’ extensive knowledge and proprietary data to keep market participants informed about trends in the private equity universe. The Thomson Reuters Private Equity Buyout Research Index is a comprehensive and highly representative indicator of the US private equity industry, while the Thomson Reuters Private Equity Buyout Index is a ground-breaking investable index replicating the performance of the Thomson Reuters Private Equity Buyout Research Index using liquid, publicly available assets. The Thomson Reuters Private Equity Buyout Index allows liquid access to the gross performance of the private equity industry through index-linked investment products. “We are pleased to introduce two unparalleled indices for private equity market participants,” said Stephan Flagel, Head of Indices at Thomson Reuters. “These indices are a prime example of Thomson Reuters’ commitment to providing market-leading benchmarks and investable indices in order to represent and provide access to illiquid asset classes such as private equity returns.” 25 INFOSTREAM • Q1 2014 • © Thomson Reuters 2014 CON T E N T E N HAN C E MENT The comparative data below shows the Thomson Reuters Private Equity Buyout Index and Thomson Reuters Private Equity Buyout Research Index performance since 1997. ANNUALISED RETURNS YTD 2013 2009-2013 1997-2013 Thomson Reuters Private Equity Buyout Index 1.39% 42.60% 32.18% 17.26% Thomson Reuters Private Equity Buyout Research Index NA 44.33% 28.93% 17.53% INDEX NAME MNEMONIC DATATYPE START DATE Thomson Reuters Private Equity Buyout Index TRPEBIN PI 31/12/1996 Thomson Reuters Private Equity Buyout Research Index TRPEBRI PI 31/12/1996 Click here to open a refreshable copy of this chart in your browser Click here to view and edit this chart in Datastream Charting 26 INFOSTREAM • Q1 2014 • © Thomson Reuters 2014 CON T E N T E N HAN C E MENT Datastream Global Equity Indices – Quarterly Review – January 2014 The quarterly review of the Datastream Global Equity Indices was effective from 13 January 2014. To reflect the growing interest in the opportunities of the MINT region, new indices for Nigeria and the MINT region were created. COUNTRY/ REGION COUNTRY/REGION CODE BASE DATE INDEX MNEMONIC LIST MNEMONIC Nigeria NG September 2009 TOTMKNG LTOTMKNG MINT MT September 2009 TOTMKMT LTOTMKMT Full details can be found on the Extranet. MSCI and S&P – Revisions to Global Industry Classification Standard Changes were implemented to the MSCI and S&P Dow Jones Global Industry Classification Standard (GICS) after the close of business on 28 February 2014. These changes are the result of the annual review carried out by MSCI and S&P Dow Jones Indices. The changes include the addition of 6 new sub-industries, the discontinuation of 4 sub-industries, and name and definition changes at industry and sub-industry levels. There are no changes at sector or industry group level. After the revisions, the new GICS structure will consist of 10 sectors, 24 industry groups, 67 industries and 156 sub-industries. GICS Hierarchy: http://www.msci.com/resources/xls/GICS_map2014.xls Impact on MSCI indices Impact on S&P indices Indices from S&P and Dow Jones now available on Datastream S&P Emerging Markets Dividend Opportunities Index The S&P Emerging Markets Dividend Opportunities Index serves as a benchmark for global income-seeking investors. The index seeks to provide exposure to 100 high-yielding common stocks from around the world while meeting diversification, stability and tradability requirements. S&P High Yield Dividend Aristocrats Index The S&P High Yield Dividend Aristocrats® Index is designed to measure the performance of companies within the S&P Composite 1500® that have followed a managed-dividends policy of consistently increasing dividends every year for at least 20 years. Dow Jones Emerging Markets Select Dividend Index The Dow Jones Emerging Markets Select Dividend Index measures the stock performance of 100 leading dividend-paying emerging-market companies, selected by dividend yield subject to screening and buffering criteria. INDEX NAME MNEMONIC DATATYPE START DATE S&P Emerging Markets Dividend Opportunities Index SPEMDO$ NR 30/01/2012 S&P High Yield Dividend Aristocrats Index SPPAAR$ PI, PO, PH, PL 30/01/2012 Dow Jones Emerging Markets Select Dividend Index DJEMSD$ PI PO, PH, PL 30/01/2012 14/01/2013 27 INFOSTREAM • Q1 2014 • © Thomson Reuters 2014 CON T E N T E N HAN C E MENT Russell Global Indices A number of Russell indices from the Russell Global Index universe are now available on Datastream. Russell Developed Large Cap Index The Russell Developed Large Cap Index offers investors access to the large-cap segment of the developed equity universe. The index is constructed to provide a comprehensive and unbiased barometer for this market segment and is completely reconstituted annually to accurately reflect the changes in the market over time. Russell Emerging Markets Large Cap Index The Russell Emerging Markets Large Cap Index offers investors access to the large-cap segment of the emerging equity universe. The index is constructed to provide a comprehensive and unbiased barometer for this market segment and is completely reconstituted annually to accurately reflect the changes in the market over time. Russell Developed ex-US Large Cap Index The Russell Developed ex-US Large Cap Index offers investors access to the large-cap segment of the developed equity universe, excluding companies assigned to the USA. The index is constructed to provide a comprehensive and unbiased barometer for this market segment and is completely reconstituted annually to accurately reflect the changes in the market over time. INDEX NAME MNEMONIC DATATYPE START DATE Russell Developed Large Cap Index RDEVLCN NR 27/01/2014 Russell Emerging Markets Large Cap Index RUEMMLN NR 27/01/2014 Russell Developed ex-US Large Cap Index RUDXULN NR 27/01/2014 Japan – Topix Euro Hedged Total Return Index The Topix Euro Hedged Total Return Index is now available on Datastream. The Currency Hedged Indices are calculated by hedging beginning-of-period balances using rolling one-month forward contracts. The hedge ratio is the proportion of the portfolio’s currency exposure that is hedged. Currency Hedged Indices use a hedge ratio of 100%, thus removing the currency risk of the index portfolio. Note that since only beginning-of-period balances are hedged, the index does not assume a perfect hedging of currency movements. INDEX NAME MNEMONIC DATATYPE START DATE TOPIX Euro Hedged Index TOPIXEH RI 03/12/2013 South Africa – FTSE/JSE RAFI 40 Index The FTSE/JSE RAFI 40 Index was launched in association with Research Affiliates®, LLC. As part of FTSE Group’s range of alternative weighted indices, the FTSE/JSE RAFI Index series selects and weights index constituents using four fundamental factors, rather than market capitalisation. The factors are dividends, cash flows, sales and book value. The FTSE/JSE RAFI 40 Index comprises the 40 companies with the largest RAFI fundamental scores selected from the constituents of the FTSE/JSE All-Share Index. INDEX NAME MNEMONIC DATATYPE START DATE FTSE/JSE RAFI 40 INDEX JSERAFI PI, PO, PH, PL, RI 16/03/2007 28 INFOSTREAM • Q1 2014 • © Thomson Reuters 2014 CON T E N T E N HAN C E MENT UK – FTSE 100 Equally Weighted Index The FTSE 100 Equally Weighted Index is an equally weighted version of the FTSE 100 Index. The index contains the same constituents as the cap-weighted FTSE 100 Index. INDEX NAME MNEMONIC DATATYPE START DATE FTSE 100 Equally Weighted Index FT100EW PI, PO, PH, PL RI, RO, RH, RL 28/11/2011 16/05/2012 USA – Nasdaq 100 Sharia Index The Edbiz-Nasdaq 100 Sharia Index is designed to track the performance of securities of the Nasdaq 100 Index that meet the Sharia requirements as prescribed by the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) and adopted by Nasdaq OMX with the guidance of the Sharia adviser, Edbiz Consulting. INDEX NAME MNEMONIC DATATYPE START DATE NASDAQ 100 SHARIA INDEX NAS100S PI, PO, PH, PL 03/02/2012 Equity Index Constituent Lists Updates – Mandatory Changes Malaysia – FTSE Bursa Malaysia KLCI Constituent List With effect from 7 July 2014, the FTSE Bursa Malaysia KLCI constituent list (LFBMKLCI) and data linked to that list excluding security names will become permissionable on Thomson Reuters Datastream desktop and datafeed products. From 7 July 2014, customers wishing to continue to access constituent data such as shares, weights and free float will be required to have a direct end-user agreement with FTSE and the associated data will be available only within the existing FTSE Bursa Malaysia constituent module which was introduced in July 2011. This module contains datatypes such as constituent weights, number of shares and classification data. The security names for the FTSE Bursa Malaysia KLCI constituent list will remain unrestricted and no licence will be required to access them. More information can be found on the Extranet. Switzerland – SIX Swiss Stock Exchange With effect from 7 July 2014, the SIX Swiss Stock Exchange will introduce end-user licensing for the Swiss equity index constituent data. All constituent data (apart from constituent security names) will become restricted and provided in a new pass-through module and clients will be required to enter into a licence agreement with SIX to receive this data. This change is a result of the SIX Swiss Stock Exchange no longer licensing constituent-level data excluding security names for wholesale distribution through vendors to its clients. More details are available on the Extranet. 29 INFOSTREAM • Q1 2014 • © Thomson Reuters 2014 CON T E N T E N HAN C E MENT Equities and Funds – Update for February 2014 This quarter we see the release of Net Asset Values for ETFs from over 20 markets. There has also been an increase in funds coverage with the release of funds from seven markets: China, Japan, Chile, Mexico, India, Portugal and over 11,000 funds from Australia, with all the data being sourced from Lipper. Additional MiFID exchanges are available with the release of Aquis and Bats Chix OTC, and we have released Market Value by Company as a time series for Brazil. Read on for all the details. MiFID Exchanges – Aquis and Bats Chix OTC Thomson Reuters has added two MiFID exchanges – Aquis and Bats Chix OTC. The Aquis exchange went live on 26 November 2013 and is being supported at bourse level with data available from the first trading date of 26 November 2013. The MiFID exchange Bats Chix OTC is also now available on Datastream. This exchange is supported at bourse level on Datastream with history available from 23 October 2013. The following price datatypes are supported for the securities listed on these exchanges: 30 NAME DATATYPE AQUIS – LIST FMIFAQX DATATYPE BATS CHIX OTC – LIST FMIFBCO Close Price P.F3 P.F4xxx Price Open PO. F3 PO. F4xxx Price High PH. F3 PH. F4xxx Price Low PL. F3 PL. F4xxx Price Ask PA. F3 n/a Price Bid PB. F3 n/a Turnover by Volume VO. F3 VO. F4xxx Turnover by Value VA. F3 VA. F4xxx Volume-Weighted Average Price VWAP.F3 VWAP. F4xxx Number of Trades NT.F3 NT. F4xxx INFOSTREAM • Q1 2014 • © Thomson Reuters 2014 CON T E N T E N HAN C E MENT Note: xxx in the above table refers to the corresponding price currency of Bats Chix OTC trades. The ongoing daily price data is available around 20:00 GMT. Brazil – Market Value by Company Now Available as a Time Series Thomson Reuters has released Market Value by Company (datatype MVC) and the equity shares outstanding at a company level (datatype NOSHC) as a time series item for Brazilian equities effective 2 December 2013. Histories have been calculated from 3 January 2000, or the start date of the company if later. The MVC History Indicator flag (datatype MVCH) should be used to indicate whether MVC is available as a time series for a given record. Please refer to this link for more details on calculation method and coverage. Italy – Auction Close Price (OP) Auction Close Price (OP) data for Italian securities is now available on Datastream effective 12 December 2013. These prices are provided on an ongoing basis and will be populated whenever a stock trades during the auction close phase. It should be noted that it is possible for a stock to have traded for the day, with the Close Price (P), Official Price (PZ), Reference Price (PX) and Volume (VO) set, but no Auction Close Price (OP). Example TYPE NAME P PZ PX 50580X AEGON (MIL) 6.32 6.273 6.32 OP VO 3079 Spain – Spanish Outcry Equities Effective 5 February 2014, a new exchange code was created for Spanish outcry equities on Datastream. The exchange code for the stocks trading in the Spanish Electronic pit was changed from MC to EP. The stocks affected are available in the list FSPEPT. This change is to ensure consistency in the segments that are supported on the Madrid exchange. DATA ITEM BEFORE CHANGE AFTER CHANGE Datastream Exchange Code (EXDSCD) MC EP Datastream Exchange Mnemonic (EXMNEM) MAD SOE Datastream Exchange Name (EXNAME) MADRID – SIBE MADRID ELECTRONIC-PIT ISO Code (ISOMIC) XMCE XMAD Mexico – ADRs The existing dividend history for Mexican ADRs was updated on 5 February 2014. This is as a result of a quality review and brings coverage in line with internal sources. Details are available on the Extranet. ISOMIC changes Changes have been made to the ISOMIC datatype to align the definition of the datatype in line with the corresponding value published by ISO. At present the ISOMIC datatype is a mixture of the Operating MIC, which was introduced by ISO in 2013, and the Market MIC. 31 INFOSTREAM • Q1 2014 • © Thomson Reuters 2014 CON T E N T E N HAN C E MENT Example EXCHANGE BOURSE CODE ISO OPERATING MIC ISO (MARKET) MIC CURRENT DATASTREAM ISOMIC NEW DATASTREAM ISOMIC NYSE ARCA AR XNYS ARCX ARCX XNYS NYSE NY XNYS XNYS XNYS XNYS NYSE Amex AX XNYS XASE XASE XNYS After the changes were made, the ISOMIC reflects only the Operating MIC. This means ISOMIC is the same for a number of Datastream exchanges. For the Market MIC, clients are advised to utilise SEGM where available. Example EXCHANGE BOURSE CODE ISO OPERATING MIC ISO (MARKET) MIC CURRENT DATASTREAM ISOMIC NEW DATASTREAM ISOMIC NYSE ARCA AR XNYS ARCX XNYS ARCX NYSE NY XNYS XNYS XNYS XNYS NYSE Amex AX XNYS XASE XNYS XASE At the same time as updating the ISOMIC, the ISONAME has been aligned, where it is possible to do so without exceeding the field limit for the datatype. For a full list of the changes please refer to the Extranet. Global – ETFs – Net Asset Value Now Available for ETFs Thomson Reuters has added Net Asset Value (NAV datatype) data for the following ETF markets: Australia Hungary Singapore Canada India South Korea China Ireland Spain Finland Luxembourg Sweden France Malaysia Switzerland Germany Netherlands Taiwan Greece New Zealand Turkey Hong Kong Norway United States NAV information is sourced from Lipper, a Thomson Reuters company, and a global leader in supplying fund information, analytical tools and commentary. History is generally available from December 2013. Details of coverage for each market can be found on the Extranet. The primary quote is displayed but NAV is also available for any secondary quotes that exist. Where primary and secondary quote trading currencies are different, then the NAV will be converted into the currency of the secondary quote to provide simple exchange price (P) comparison. Datastream previously supported NAV for a small bespoke list of ETFs; these histories will be retained and continued using Lipper data. 32 INFOSTREAM • Q1 2014 • © Thomson Reuters 2014 CON T E N T E N HAN C E MENT Funds – Increased Funds Coverage Now Available for More Markets Thomson Reuters has released funds for a number of markets including China, India and Japan. The following data items are available: • Fund Name • Fund Domicile • Fund Classification (Mutual Fund, Hedge Fund, Insurance Fund or Pension Fund) • Symbology (ISIN, SEDOL and Lipper ID) • Net Asset Value – full Lipper history, stored in time series datatype P • Dividends – full Lipper history • Corporate Actions The fund lists are based on Lipper’s Asset Universe classification. COUNTRY FUND UNIVERSE PENSION FUNDS HEDGE FUNDS MUTUAL FUNDS INSURANCE FUNDS Australia LAUALL LAUPENSF LAUHEDGE LAUMUTFS LAUINSPF China LCNALL LCNPENSF LCNHEDGE LCNMUTFS LCNINSPF Chile LCLALL LCLPENSF LCLHEDGE LCLMUTFS LCLINSPF Japan LJPALL LJPPENSF LJPHEDGE LJPMUTFS LJPINSPF Mexico LMXALL LMXPENSF LMXHEDGE LMXMUTFS LMXINSPF India LINALL LINPENSF LINHEDGE LINMUTFS LININSPF Portugal LPTALL LPTPENSF LPTHEDGE LPTMUTFS LPTINSPF Return Index: The Return Index (RI) will be calculated by Datastream, using the following methodology: Where: = price on ex-date = price on previous day = dividend payment associated with ex-date t Navigation: Where available the ISIN and SEDOL code will be stored for each fund; Datastream will also store the Lipper ID to every fund record to improve navigation and fund identification. The Lipper ID is functional on Datastream by applying an LP prefix, for example Lipper ID 68191565 = LP68191565. To retrieve the Lipper ID for a fund use the datatype LPID. Netherlands – Dutch and Curacao Funds Effective from 9 February 2014, the source of Dutch and Curacao Funds was switched to Lipper. For full details please refer to the Extranet. 33 INFOSTREAM • Q1 2014 • © Thomson Reuters 2014 CON T E N T E N HAN C E MENT Funds – Change of Source for US Mutual Funds With effect from 15 December 2013, the source for US Mutual Fund content was switched to Lipper. Datastream continues to support the following data items: • Fund Name • Fund Domicile • Fund Classification (Mutual Fund, Hedge Fund, Insurance Fund or Pension Fund) • Symbology (ISIN, SEDOL, CUSIP and Nasdaq Ticker) • Net Asset Value – full Lipper history, stored in time series datatype P • Dividends • Corporate Actions New Coverage Datastream currently covers only US Mutual Funds, but as part of the migration it has added 2,700 Hedge Funds and 4,000 Insurance Funds with full Lipper histories. Datastream Lists The new lists are based on Lipper’s Asset Universe. Due to the size of the market, sublists have also been created to break down the coverage universe. LIST MNEMONIC LIST DESCRIPTION LUSALL US Fund Universe LUSALL1 US Fund Universe A-B LUSALL2 US Fund Universe C-E LUSALL3 US Fund Universe F-H LUSALL4 US Fund Universe I-L LUSALL5 US Fund Universe M-O LUSALL6 US Fund Universe P-R LUSALL7 US Fund Universe S-Z + Numerics LUSHEDGE US Hedge Funds LUSINSPF US Insurance Funds LUSMUTFS US Mutual Funds LUSPENSF US Pension Funds The existing lists FMUFD and FMUFDA-K are now redundant. A number of funds have been discontinued (mainly private funds, for which the Fund Management Company has requested Lipper not to publish information). The status of these funds has been set to ‘Suspended’. Full details of all the changes are available on the Extranet. 34 INFOSTREAM • Q1 2014 • © Thomson Reuters 2014 CON T E N T E N HAN C E MENT I/B/E/S – Announce Dates for Actuals Thomson Reuters has released the Actual Announce Dates for all available measures. These static datatypes represent the date the company has reported its latest earnings as opposed to when the reported actual has been recorded. Announce dates may not always represent the date of the company’s official announcement. 35 DATATYPE MEASURE AFOANCDT ADJUSTED FUNDS FROM OPERATIONS BPSANCDT BOOK VALUE PER SHARE CAPANCDT CAPITAL EXPENDITURE CPSANCDT CASH FLOW PER SHARE CSHANCDT CASH EARNINGS PER SHARE DPSANCDT DIVIDEND PER SHARE EBDANCDT EBITDA EBGANCDT EARNINGS BEFORE GOODWILL EBSANCDT EBITDA PER SHARE EBTANCDT EBIT EPSANCDT EARNINGS PER SHARE EVTANCDT ENTERPRISE VALUE FCFANCDT FREE CASH FLOW PER SHARE FFOANCDT FUNDS FROM OPERATIONS GPSANCDT GAAP GRMANCDT GROSS MARGIN INCANCDT NET INCOME NAVANCDT NET ASSET VALUE NDTANCDT NET DEBT NERANCDT REPORTED NET INCOME OPRANCDT OPERATING PROFIT INFOSTREAM • Q1 2014 • © Thomson Reuters 2014 CON T E N T E N HAN C E MENT DATATYPE MEASURE PREANCDT PRE-TAX PROFIT PRRANCDT REPORTED PRE-TAX PROFIT ROAANCDT RETURN ON ASSETS ROEANCDT RETURN ON EQUITY SALANCDT REVENUE TBVANCDT TANGIBLE BOOK VALUE PER SHARE 36 INFOSTREAM • Q1 2014 • © Thomson Reuters 2014 CON T E N T E N HAN C E MENT ASSET4 Content Optimisation Update Aligning to corporate materiality Almost 12 years after the inception of the ASSET4 ESG database, this latest optimisation is central to our strategy to better meet the changing needs of our customers for relevant and material ESG data across more markets. Through extensive analysis of the existing framework, looking at customer usage stats, data availability and our own in-house research, we believe that this new framework will bring about significant benefits. This enhanced framework consists of more than 300 data points that best align to current sustainability reporting trends and global reporting guidelines. It offers a stronger focus on objective and comparable quantitative and process-driven data. The greatest area of simplification has been on the driver dimension, due to feedback we have gathered from our customers over the years and its limited benefit in understanding company ESG performance. For the full list of strategic and optimised data points, please see the ASSET4 Strategic Framework file on the Extranet here. The file contains two worksheets: ‘A4 Strategic’ which includes all data points that we will continue to collect on starting with FY2014 data onwards, and ‘A4 Optimised’ which we will stop collecting post-FY2013 updates. Benefits Company coverage Our customers have asked for greater coverage in small-mid capitalised companies and emerging markets. A leaner framework enables us to be more flexible and significantly increase our coverage. With the optimised framework we expect to double the number of companies we cover by 2015. Timeliness By focusing on the most relevant and reported ESG metrics, we will have significantly improved timeliness targets. The turnaround time required for processing companies with CSR (Corporate Social Responsibility) reports will be halved to two to four weeks post-publication. Data availability Having data points with very little reported data makes it hard to compare companies. We selected the most relevant ESG data points where reported data was sufficient, leading to greater overall data availability. 37 INFOSTREAM • Q1 2014 • © Thomson Reuters 2014 CON T E N T E N HAN C E MENT Quality The quality of the data is paramount to us, and we will continuously focus on delivering best-inclass data to our customers. We believe that the new framework can only further benefit our aim of providing the most accurate and objective ESG data. Schedule The new framework will be implemented in the second half of 2014 and changes will gradually start taking effect throughout the end of this year and into 2015 (applicable only for the FY2014 updates and onwards). All fiscal year 2013 updates will continue to be updated according to the original framework. An estimated timeline is provided below. ESTIMATED TIMELINE April 2014 Initial communication Q2 2014 Adaptation of ASSET4 sample sheets Q3 2014 Optimised content framework implemented and applied to company FY2014 updates onwards Summary We are excited about this latest development. The focus, expanded coverage, improved timeliness of updates, quality and availability – these are all essential ingredients that will drive transparency and objectivity, so that customers have the confidence to make critical decisions in a complex world. As we look to the future, we will continue to search and unlock further value from our ESG content. By working together we aim to provide innovative solutions that will distil oceans of data into simple answers. If you have any questions relating to the ASSET4 optimisation framework, please contact us: asset4supportescalation@thomsonreuters.com. 38 INFOSTREAM • Q1 2014 • © Thomson Reuters 2014 CON T E N T E N HAN C E MENT Datastream Interest Rate Content Changes to European Banking Federation Series – Euribor, Euribor USD, EONIA, EONIA Swap and Eurepo Thomson Reuters Datastream has been given notice by the European Banking Federation (EBF) that from 3 March 2014 all its financial benchmark rates (Euribor, Euribor USD, EONIA, EONIA Swap and Eurepo) will be subject to a ‘fee for access’. Important Note: EBF rates that are delayed by over 24 hours will be available to Datastream customers free of charge. Datastream will be making the following changes to the EBF series: • Existing EBF series will be ‘delayed’ by over 24 hours, ensuring all customers have continued access to the same data series on the same mnemonics, without incurring additional fees. The names will be amended to indicate the word ‘delayed’ for clarity. • New ‘duplicate’ EBF series will be created in Datastream with ‘non-delayed’ data. These series will have new mnemonics and the same depth of historical data. These series will be available to clients who have been granted access from EBF. Getting access to fee-liable data Thomson Reuters has been advised that the EBF subscription model has been tiered to take into account the relative sizes of global and regional banks as well as smaller corporate users. Clients are to use the following link to get access to the current data. They need to enter their Subscriber number and Datastream user ID to ensure access is granted. Subscription: http://subscriptions.euribor-ebf.eu/ Quick view table of ‘delayed’ and new ‘non-delayed’ EBF mnemonics 39 INFOSTREAM • Q1 2014 • © Thomson Reuters 2014 CON T E N T E N HAN C E MENT ‘DELAYED’ EBF MNEMONICS ‘DELAYED’ EBF DESCRIPTION NEW EBF ‘RESTRICTED’ MNEMONICS NEW EBF ‘RESTRICTED’ DESCRIPTION EIBOR1W EBF EURIBOR 1W DELAYED EBEIB1W EBF EURIBOR 1W EIBOR2W EBF EURIBOR 2W DELAYED EBEIB2W EBF EURIBOR 2W EIBOR3W EBF EURIBOR 3W DELAYED EBEIB3W EBF EURIBOR 3W EIBOR1M EBF EURIBOR 1M DELAYED EBEIB1M EBF EURIBOR 1M EIBOR2M EBF EURIBOR 2M DELAYED EBEIB2M EBF EURIBOR 2M EIBOR3M EBF EURIBOR 3M DELAYED EBEIB3M EBF EURIBOR 3M EIBOR4M EBF EURIBOR 4M DELAYED EBEIB4M EBF EURIBOR 4M EIBOR5M EBF EURIBOR 5M DELAYED EBEIB5M EBF EURIBOR 5M EIBOR6M EBF EURIBOR 6M DELAYED EBEIB6M EBF EURIBOR 6M EIBOR7M EBF EURIBOR 7M DELAYED EBEIB7M EBF EURIBOR 7M EIBOR8M EBF EURIBOR 8M DELAYED EBEIB8M EBF EURIBOR 8M EIBOR9M EBF EURIBOR 9M DELAYED EBEIB9M EBF EURIBOR 9M EIBOR10 EBF EURIBOR 10M DELAYED EBEIB10 EBF EURIBOR 10M EIBOR11 EBF EURIBOR 11M DELAYED EBEIB11 EBF EURIBOR 11M EIBOR1Y EBF EURIBOR 12M DELAYED EBEIB12 EBF EURIBOR 12M EIBXR1W EBF EURIBOR 1W DELAYED (A/365) EBEAY1W EBF EURIBOR 1W (A/365) EIBXR2W EBF EURIBOR 2W DELAYED (A/365) EBEAY2W EBF EURIBOR 2W (A/365) EIBXR3W EBF EURIBOR 3W DELAYED (A/365) EBEAY3W EBF EURIBOR 3W (A/365) EIBXR2M EBF EURIBOR 2M DELAYED (A/365) EBEAY2M EBF EURIBOR 2M (A/365) EIBXR3M EBF EURIBOR 3M DELAYED (A/365) EBEAY3M EBF EURIBOR 3M (A/365) EIBXR4M EBF EURIBOR 4M DELAYED (A/365) EBEAY4M EBF EURIBOR 4M (A/365) EIBXR5M EBF EURIBOR 5M DELAYED (A/365) EBEAY5M EBF EURIBOR 5M (A/365) EIBXR6M EBF EURIBOR 6M DELAYED (A/365) EBEAY6M EBF EURIBOR 6M (A/365) EIBXR7M EBF EURIBOR 7M DELAYED (A/365) EBEAY7M EBF EURIBOR 7M (A/365) EIBXR8M EBF EURIBOR 8M DELAYED (A/365) EBEAY8M EBF EURIBOR 8M (A/365) EIBXR9M EBF EURIBOR 9M DELAYED (A/365) EBEAY9M EBF EURIBOR 9M (A/365) EIBXR10 EBF EURIBOR 10M DELAYED (A/365) EBEAY10 EBF EURIBOR 10M (A/365) EIBXR11 EBF EURIBOR 11M DELAYED (A/365) EBEAY11 EBF EURIBOR 11M (A/365) 40 INFOSTREAM • Q1 2014 • © Thomson Reuters 2014 CON T E N T E N HAN C E MENT ‘DELAYED’ EBF MNEMONICS ‘DELAYED’ EBF DESCRIPTION NEW EBF ‘RESTRICTED’ MNEMONICS NEW EBF ‘RESTRICTED’ DESCRIPTION EIBXR1Y EBF EURIBOR 12M DELAYED (A/365) EBEAY12 EBF EURIBOR 12M (A/365) EBFU$ON EBF USD EURIBOR O/N DELAYED EBEIUON EBF USD EURIBOR O/N EBFU$1W EBF USD EURIBOR 1W DELAYED EBEIU1W EBF USD EURIBOR 1W EBFU$2W EBF USD EURIBOR 2W DELAYED EBEIU2W EBF USD EURIBOR 2W EBFU$1M EBF USD EURIBOR 1M DELAYED EBEIU1M EBF USD EURIBOR 1M EBFU$2M EBF USD EURIBOR 2M DELAYED EBEIU2M EBF USD EURIBOR 2M EBFU$3M EBF USD EURIBOR 3M DELAYED EBEIU3M EBF USD EURIBOR 3M EBFU$4M EBF USD EURIBOR 4M DELAYED EBEIU4M EBF USD EURIBOR 4M EBFU$5M EBF USD EURIBOR 5M DELAYED EBEIU5M EBF USD EURIBOR 5M EBFU$6M EBF USD EURIBOR 6M DELAYED EBEIU6M EBF USD EURIBOR 6M EBFU$7M EBF USD EURIBOR 7M DELAYED EBEIU7M EBF USD EURIBOR 7M EBFU$8M EBF USD EURIBOR 8M DELAYED EBEIU8M EBF USD EURIBOR 8M EBFU$9M EBF USD EURIBOR 9M DELAYED EBEIU9M EBF USD EURIBOR 9M EBFU$10 EBF USD EURIBOR 10M DELAYED EBEIU10 EBF USD EURIBOR 10M EBFU$11 EBF USD EURIBOR 11M DELAYED EBEIU11 EBF USD EURIBOR 11M EBFU$1Y EBF USD EURIBOR 1Y DELAYED EBEIU1Y EBF USD EURIBOR 1Y EUEONIA EBF EONIA AVERAGE DELAYED EBEONIA EBF EONIA AVERAGE EUEON1W EBF EONIA SWAP 1W DELAYED EBEOS1W EBF EONIA SWAP 1W EUEON2W EBF EONIA SWAP 2W DELAYED EBEOS2W EBF EONIA SWAP 2W EUEON3W EBF EONIA SWAP 3W DELAYED EBEOS3W EBF EONIA SWAP 3W EUEON1M EBF EONIA SWAP 1M DELAYED EBEOS1M EBF EONIA SWAP 1M EUEON2M EBF EONIA SWAP 2M DELAYED EBF EONIA SWAP 2M EBEOS2M 41 INFOSTREAM • Q1 2014 • © Thomson Reuters 2014 CON T E N T E N HAN C E MENT ‘DELAYED’ EBF MNEMONICS ‘DELAYED’ EBF DESCRIPTION NEW EBF ‘RESTRICTED’ MNEMONICS NEW EBF ‘RESTRICTED’ DESCRIPTION EUEON3M EBF EONIA SWAP 3M DELAYED EBEOS3M EBF EONIA SWAP 3M EUEON4M EBF EONIA SWAP 4M DELAYED EBEOS4M EBF EONIA SWAP 4M EUEON5M EBF EONIA SWAP 5M DELAYED EBEOS5M EBF EONIA SWAP 5M EUEON6M EBF EONIA SWAP 6M DELAYED EBEOS6M EBF EONIA SWAP 6M EUEON7M EBF EONIA SWAP 7M DELAYED EBEOS7M EBF EONIA SWAP 7M EUEON8M EBF EONIA SWAP 8M DELAYED EBEOS8M EBF EONIA SWAP 8M EUEON9M EBF EONIA SWAP 9M DELAYED EBEOS9M EBF EONIA SWAP 9M EUEON10 EBF EONIA SWAP 10M DELAYED EBEOS10 EBF EONIA SWAP 10M EUEON11 EBF EONIA SWAP 11M DELAYED EBEOS11 EBF EONIA SWAP 11M EUEON12 EBF EONIA SWAP 1Y DELAYED EBEOS1Y EBF EONIA SWAP 1Y BBERBTN EBF EURO REPO BMK T/N DELAYED EBERPTN EBF EURO REPO BMK T/N BBERB1W EBF EURO REPO BMK 1W DELAYED EBERP1W EBF EURO REPO BMK 1W BBERB2W EBF EURO REPO BMK 2W DELAYED EBERP2W EBF EURO REPO BMK 2W BBERB3W EBF EURO REPO BMK 3W DELAYED EBERP3W EBF EURO REPO BMK 3W BBERB1M EBF EURO REPO BMK 1M DELAYED EBERP1M EBF EURO REPO BMK 1M BBERB2M EBF EURO REPO BMK 2M DELAYED EBERP2M EBF EURO REPO BMK 2M BBERB3M EBF EURO REPO BMK 3M DELAYED EBERP3M EBF EURO REPO BMK 3M BBERB6M EBF EURO REPO BMK 6M DELAYED EBERP6M EBF EURO REPO BMK 6M BBERB9M EBF EURO REPO BMK 9M DELAYED EBERP9M EBF EURO REPO BMK 9M BBERB1Y EBF EURO REPO BMK 1Y DELAYED EBERP1Y EBF EURO REPO BMK 1Y 42 INFOSTREAM • Q1 2014 • © Thomson Reuters 2014 CON T E N T E N HAN C E MENT Commodities & Energy Chinese Metals Expansion Datastream has expanded its coverage of Chinese metal prices to include specialist steel quotes on boiler and shipbuilding plates. The expansion consists of 37 spot prices on a daily basis, 8 daily indices on coal and iron ore and 7 weekly steel indices. All quotes are from the source SteelHome, with steel indices commencing from January 2012 and other series from January 2013. • Steel: Boiler plate (11), Shipbuilding plate (18) • Raw Materials: Fines (3), Lumps (3), Premium Coking Coal (2) • Scrap Index, Coal Index (Coking and Thermal) and Iron Ore Index (8) • Steel Indices: Global (SHGSI), Flats (SHGSI-F), Longs (SHGSI-L), America (SHGSI-America), Europe (SHGSI-Europe), Asia (SHGSI-Asia), China (SHGSI-China) – Weekly Update Further information as well as mnemonics can be found on the official release, Content Update #6682. Click here to open a refreshable copy of this chart in your browser Click here to view and edit this chart in Datastream Charting 43 INFOSTREAM • Q1 2014 • © Thomson Reuters 2014 CON T E N T E N HAN C E MENT Thomson Reuters GFMS Gold Fundamentals Datastream has released an additional 366 gold series as published by Thomson Reuters GFMS. These are statistics on gold supply (Mine production and Scrap) and demand (Fabrication, Jewellery, Medals, Coins, Electronics and other) globally and by country. Series are annual with history available generally from 2000. Thomson Reuters GFMS is recognised as one of the world’s leading economics consultancies in precious metals, specialising in research into the global gold, silver, platinum and palladium markets. Its gold and silver supply/demand data forms the global benchmark; the international gold and silver markets are largely dependent on these. Further information as well as mnemonics can be found on the official release, Content Update #6630. Click here to open a refreshable copy of this chart in your browser Click here to view and edit this chart in Datastream Charting The chart above shows the changes in gold mine production between China and South Africa in the last 14 years, with China now becoming the dominant producer. UCITS Alternative Indices Datastream now offers 26 Weekly and Monthly UCITS Alternative Indices (UAI) consisting of Performance Return and NAV data with history as far back as December, 2005. Alix Capital is the Index Provider of the UCITS Alternative Index. Alix Capital is a Geneva-based investment company specialising in regulated alternative investments. The following indices are available. UAI Benchmarks Indices The UAI Benchmarks Indices track the performance of all UCITS absolute return funds and funds of absolute return funds both on a broad basis and by strategy. Constituent funds are equally weighted and the index performances are published on a monthly basis. There are currently 13 different Benchmark Indices. 44 INFOSTREAM • Q1 2014 • © Thomson Reuters 2014 CON T E N T E N HAN C E MENT UAI Blue Chip Indices The UAI Blue Chip Indices track the performance of the most representative absolute return funds currently open for investment. The construction of the Blue Chip Indices is overseen by a Scientific Committee. The UAI Blue Chip Index performance is published every Wednesday. UAIX Indices The UAIX Indices are single-strategy indices that aim to track and outperform the performance of their respective UAI benchmarks. UAIX Indices have between 6 and 15 constituent funds and are built using a systematic quantitative model. Their performance is published every Wednesday. More information and calculation methodology can be viewed on http://www.ucits-alternative.com/page-benchmarkmethodology.html Further information as well as mnemonics can be found on the official release, Content Update #6605. 45 INFOSTREAM • Q1 2014 • © Thomson Reuters 2014 CON T E N T E N HAN C E MENT Company Additions to Worldscope During the October to December period, 353 companies were added to the Worldscope database. These additions included 99 US, 35 UK, 27 Australian, 20 Canadian, 22 Hong Kong, 13 Indonesian and 13 Japanese companies. A total of 8,215 active companies have now been added, with data sourced from the Reuters Fundamentals database. Worldscope’s total coverage at the end of December consisted of 75,741 companies, 46,349 of which were active companies. COUNTRY TOTAL SEP 2013 COMPANIES ADDED OCT-DEC 2013 ACTIVE DEC 2013 INACTIVE DEC 2013 TOTAL DEC 2013 TOTAL ACTIVE FROM REUTERS FUNDAMENTALS DEC 2013 ARGENTINA 145 0 104 41 145 18 AUSTRALIA 2922 27 1943 1006 2949 52 AUSTRIA 212 0 90 122 212 3 BAHAMAS 11 0 10 1 11 10 BAHRAIN 45 0 43 2 45 2 BANGLADESH 69 0 69 0 69 70 BARBADOS 12 0 12 0 12 12 BELGIUM 325 0 146 179 325 5 BERMUDA 114 0 79 35 114 9 BOLIVIA 15 0 15 0 15 15 BOSNIA & HERZEGOVINA 92 0 89 3 92 86 BOTSWANA 19 0 19 0 19 17 BRAZIL 695 3 383 315 698 21 BULGARIA 276 1 257 20 277 254 CAMBODIA 2 0 2 0 2 2 CANADA 5100 20 3307 1813 5120 1793 CAYMAN ISLANDS 51 4 37 18 55 11 CHILE 325 2 248 79 327 43 CHINA 3483 9 3304 188 3492 47 COLOMBIA 111 1 80 32 112 38 COSTA RICA 8 0 8 0 8 8 COTE D'IVOIRE 29 0 29 0 29 29 CROATIA 116 0 104 12 116 92 CYPRUS 138 0 115 23 138 117 46 INFOSTREAM • Q1 2014 • © Thomson Reuters 2014 CON T E N T E N HAN C E MENT 47 COUNTRY TOTAL SEP 2013 COMPANIES ADDED OCT-DEC 2013 ACTIVE DEC 2013 INACTIVE DEC 2013 TOTAL DEC 2013 TOTAL ACTIVE FROM REUTERS FUNDAMENTALS DEC 2013 CZECH REPUBLIC 91 0 15 76 91 0 DENMARK 587 1 337 251 588 176 ECUADOR 12 0 12 0 12 12 EGYPT 226 2 209 19 228 90 EL SALVADOR 9 0 8 1 9 8 ESTONIA 18 0 16 2 18 7 FAROE ISLANDS 3 0 3 0 3 3 FIJI 15 0 15 0 15 15 FINLAND 246 1 124 123 247 2 FRANCE 1824 5 792 1037 1829 28 GEORGIA 1 0 0 1 1 0 GERMANY 1714 1 942 773 1715 52 GHANA 29 0 28 1 29 28 GREECE 460 0 279 181 460 13 GUATEMALA 6 0 6 0 6 6 GUERNSEY 29 0 24 5 29 24 GUYANA 3 0 3 0 3 3 HONDURAS 5 0 5 0 5 5 HONG KONG 1371 22 1188 205 1393 18 HUNGARY 72 0 42 30 72 7 ICELAND 26 0 10 16 26 4 INDIA 2834 3 2625 212 2837 160 INDONESIA 543 13 483 73 556 1 IRELAND 176 1 65 112 177 3 ISLE OF MAN 15 0 13 2 15 13 ISRAEL 633 1 502 132 634 254 ITALY 580 5 280 305 585 11 JAMAICA 28 0 25 3 28 25 JAPAN 5151 13 3650 1514 5164 36 JERSEY 14 0 12 2 14 12 JORDAN 258 0 236 22 258 181 KAZAKHSTAN 57 0 49 8 57 45 KENYA 55 0 55 0 55 30 KOREA (SOUTH) 2183 10 1732 461 2193 480 KUWAIT 211 0 209 2 211 20 LATVIA 33 0 31 2 33 31 LEBANON 12 0 12 0 12 6 LITHUANIA 42 0 33 9 42 17 LUXEMBOURG 102 1 59 44 103 11 MACEDONIA 33 0 31 2 33 31 MALAWI 8 0 8 0 8 8 MALAYSIA 1338 6 944 400 1344 3 MALTA 20 2 22 0 22 22 MAURITIUS 48 1 47 2 49 43 MEXICO 266 6 154 118 272 14 INFOSTREAM • Q1 2014 • © Thomson Reuters 2014 CON T E N T E N HAN C E MENT 48 COUNTRY TOTAL SEP 2013 COMPANIES ADDED OCT-DEC 2013 ACTIVE DEC 2013 INACTIVE DEC 2013 TOTAL DEC 2013 TOTAL ACTIVE FROM REUTERS FUNDAMENTALS DEC 2013 MONGOLIA 1 0 1 0 1 1 MONTENEGRO 22 0 22 0 22 22 MOROCCO 80 0 73 7 80 32 NAMIBIA 7 1 8 0 8 8 NETHERLANDS 441 0 171 270 441 7 NEW ZEALAND 281 4 157 128 285 22 NIGER 1 0 1 0 1 1 NIGERIA 107 2 104 5 109 61 NORWAY 514 6 212 308 520 9 OMAN 129 0 124 5 129 53 PAKISTAN 322 0 285 37 322 128 PALESTINE 28 0 28 0 28 28 PANAMA 22 0 22 0 22 20 PARAGUAY 40 0 40 0 40 40 PERU 218 0 173 45 218 86 PHILIPPINES 301 3 266 38 304 7 POLAND 566 3 469 100 569 47 PORTUGAL 151 1 56 96 152 0 QATAR 46 0 42 4 46 1 ROMANIA 163 0 153 10 163 148 RUSSIAN FEDERATION 1141 2 957 186 1143 692 SAUDI ARABIA 160 0 158 2 160 10 SENEGAL 1 0 1 0 1 1 SERBIA 114 0 96 18 114 93 SINGAPORE 921 7 655 273 928 5 SLOVAKIA 49 0 22 27 49 1 SLOVENIA 64 0 49 15 64 13 SOUTH AFRICA 923 3 343 583 926 9 SPAIN 355 1 158 198 356 7 SRI LANKA 231 4 232 3 235 171 SUDAN 1 0 1 0 1 1 SWAZILAND 3 0 3 0 3 3 SWEDEN 870 0 436 434 870 48 SWITZERLAND 498 1 276 223 499 13 TAIWAN 2070 8 1713 365 2078 22 TANZANIA 5 0 5 0 5 5 THAILAND 735 8 595 148 743 12 TRINIDAD & TOBAGO 5 0 5 0 5 5 TUNISIA 57 0 57 0 57 49 TURKEY 408 4 362 50 412 107 UGANDA 6 0 6 0 6 6 UKRAINE 92 0 91 1 92 85 UNITED ARAB EMIRATES 120 0 112 8 120 30 UNITED KINGDOM 5132 35 1869 3298 5167 71 UNITED STATES 21403 99 9117 12385 21502 612 INFOSTREAM • Q1 2014 • © Thomson Reuters 2014 CON T E N T E N HAN C E MENT COUNTRY TOTAL SEP 2013 COMPANIES ADDED OCT-DEC 2013 ACTIVE DEC 2013 INACTIVE DEC 2013 TOTAL DEC 2013 TOTAL ACTIVE FROM REUTERS FUNDAMENTALS DEC 2013 VENEZUELA 57 0 35 22 57 4 VIETNAM 752 0 699 53 752 688 VIRGIN ISLANDS (BRITISH) 21 0 12 9 21 5 ZAMBIA 0 14 0 14 14 14 ZIMBABWE 38 0 35 3 38 0 OVERALL TOTALS 75388 353 46349 29392 75741 8215 49 INFOSTREAM • Q1 2014 • © Thomson Reuters 2014 CON T E N T E N HAN C E MENT INFOSTREAM Datastream News Contributors PRODUCT MANAGEMENT ROSS BAILEY DATASTREAM PROFESSIONAL HEAD OF DESKTOP PRODUCT MANAGEMENT ross.bailey@thomsonreuters.com +44 (0)20 7542 8475 JULIAN RICKARDS DATASTREAM ADVANCE, DSWINDOWS, DSDDE julian.rickards@thomsonreuters.com +44 (0)20 7542 8934 CASEY PEARCE DATASTREAM CHARTING casey.pearce@thomsonreuters.com +44 (0)20 7542 9825 GARETH IZZARD DATAFEEDS gareth.izzard@thomsonreuters.com +44 (0)20 7542 8931 CONTENT MANAGEMENT PAUL BACON HEAD OF CONTENT MANAGEMENT paul.bacon@thomsonreuters.com +44 (0)20 7542 8254 50 ANNE SIEBER EQUITIES, EQUITY INDICES & FUNDS anne.sieber@thomsonreuters.com +44 (0)20 7324 9741 JAMES BRIGHT ESTIMATES & FUNDAMENTALS I/B/E/S GLOBAL AGGREGATES james.bright@thomsonreuters.com +44 (0)20 7542 1954 NELSON SALSINHA COMMODITIES, 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