Americas ETP News
If your looking for specific news, using the search function will narrow down the results
Higher inflation on the horizon? Investors reach for TIPS funds
November 27, 2017--Investors last week poured into funds that provide protection against higher US inflation in a sign that some money managers expect a tight labour market and strong economy to finally halt a long stretch of muted price growth.
Funds that hold inflation-protected Treasuries (TIPS) garnered $1.2bn in net inflows in the week to November 22, according to Bank of America Merrill Lynch calculations based on EPFR data.
view more
Source: FT.com
Renaissance Capital Scheduled U.S. IPOs-Week of 11/27/17
November 27, 2017----U.S. IPOs-Week of 11/27/17
IPO Commentary
US IPO Week Ahead: Another quiet week before 2017 final stretch: taking a look at what could launch
There are no deals on the calendar in another quiet week ahead of an anticipated pre-holiday IPO flurry. We believe we are on pace to see roughly 160 IPOs in 2017, up 52% from last year, as companies look to price before...
view more
Source: Renaissance Capital
BlackRock and Vanguard are smart beta's biggest winners
November 27, 2017--BlackRock's smart beta assets have ballooned by almost 180 per cent to $288bn over the past five years, leaving rival asset managers scrambling to close the gap on the world's largest fund house.
The figures, collected by Morningstar, the data provider, show the New York-listed investment manager and its chief rival, Vanguard, have been the big winners when it comes to the growth of smart beta.
view more
Source: FT.com
EMQQ, The First Broad-Based Emerging Markets Internet and Ecommerce ETF, Marks Third Anniversary
November 22, 2017--Fund is up over 68% in 2017 and now has more than $300 million in AUM; top holdings include Alibaba, Tencent, Mercado Libre and Yandex
EMQQ, the first broad-based emerging markets Internet and Ecommerce exchange traded fund (ETF), marked its third anniversary earlier this month. As of November 13, 2017, the fund had $347.57 million in assets under management, and had returned an average of 14.92% annually since launch, compared to 10.24% percent for the S&P 500 and 5.70% percent for the MSCI Emerging Markets Index.
view more
Source: Exchange Traded Concepts, LLC
Minutes of the Federal Open Market Committee, October 31-November 1, 2017
November 22, 2017--The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the attached minutes of the Committee meeting held on October 31-November 1, 2017.
Staff Review of the Economic Situation
The information reviewed for the October 31-November 1 meeting indicated that labor market conditions generally continued to strengthen and that real gross domestic product (GDP) expanded at a solid pace in the third quarter despite hurricane-related disruptions. Although the effects of the recent hurricanes led to a reported decline in payroll employment in September, the unemployment rate decreased further. Retail gasoline prices jumped in the aftermath of the hurricanes, but total consumer price inflation, as measured by the 12‑month percentage change in the price index for personal consumption expenditures (PCE), remained below 2 percent in September and was lower than early in the year. Survey-based measures of longer-run inflation expectations were little changed on balance.
view more
Source: federalreserve.gov
Mackenzie broadens ETF line-up with proven portfolio management expertise combined with flexibility and liquidity
November 22, 2017--Mackenzie Financial Corporation (Mackenzie Investments) announced the launch today of three new Exchange Traded Funds (ETFs) that broaden choice, opportunity and diversification for investors.
"We are very excited to expand our ETF shelf with these new products, delivering solutions to investors that offer the benefits of our portfolio management expertise plus the structural benefits unique to ETFs including liquidity and flexibility," said Michael Cooke, Senior Vice President and Head of Exchange Traded Funds at Mackenzie Investments.
view more
Source: Mackenzie Financial Corporation
CFTC.gov Swaps Report Update
November 22, 2017--CFTC's Weekly Swaps Report has been updated, and is now available.
view updates
Source: CFTC.gov
Maybe Bitcoin Isn't Untouchable at J.P. Morgan After All
November 21, 2017--J.P. Morgan weighs helping clients trade bitcoin futures, despite CEO Jamie Dimon's criticism of the cryptocurrency
J.P. Morgan Chase & Co. Chief Executive James Dimon has said that if any of the bank's traders bought or sold bitcoin, he would "fire them in a second."
But that isn't stopping the bank from looking at business opportunities in the planned bitcoin-futures market.
view more
Source: Wall Street Journal
SEC Exam Priorities Said to Focus on Cybersecurity, Seniors in 2018
November 21, 2017--The new examination priorities list, usually released in January, would be the roadmap for OCIE activities for the year.
Investments involving seniors and cybersecurity compliance are among the concerns expected to make the 2018 examination priority list now being developed by the Securities and Exchange Commission's Office of Compliance Inspections and Examinations (OCIE), according to industry experts familiar with the process.
view more
Source: thinkadvisor.com
ARK Invest Marks Third Anniversary Of Its Four Actively Managed Equity Exchange Traded Funds
November 21, 2017--ARK Investment Management LLC (ARK), a New York based investment adviser focused solely on disruptive innovation, today announced the three-year anniversary of its suite of actively managed equity exchange traded funds (ETFs).
The four funds were introduced in the fall of 2014, and include the ARK Industrial Innovation ETF (ARKQ), the ARK Web x.0 ETF (ARKW), the ARK Innovation ETF (ARKK) and the ARK Genomic Revolution Multi-Sector ETF (ARKG).
ARKK and ARKW have been recognized for their performance in 2017 as both funds delivered year to date returns of more than 70%, according to Bloomberg.
