IMF Country Report-Japan: Financial Sector Assessment Program-Technical Note-Long-Term Challenges for Financial Intermediation
September 18, 2017--Summary:
Sustained demographic change can have potentially significant effects on the economy and the financial system. Aging can affect financial intermediation through its effects on potential growth, on the term structure of interest rates and risk premiums in general, and on the demand for retirement-related products and services.
At the same time, in an aging society, the financial sector has a particularly important role to play in helping to foster growth and productivity. This note analyzes and quantifies the effect of aging in Japan-both at the national and regional levels-on the nature of financial intermediation and concludes that the relative role of banks is likely to diminish.
India Considers Issuing Its Own Bitcoin-Like Cryptocurrency as Legal Tender
September 17, 2017--While working on creating a legal framework for bitcoin and other digital currencies, the Indian government is now considering launching its own bitcoin-like cryptocurrency.
The proposed government cryptocurrency is to be issued by the Reserve Bank of India (RBI).
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JPX Monthly ETF Monthly Report (August 2017) Daiwa to roll out three ESG-focused ETFs on Tokyo Stock Exchange view more ULTUMUS-Dead or alive, you're coming with me! Taiwan view more Publication of JPX Working Paper, Vol.20 "The Trend of Exploring the Use of Distributed Ledger Technology in the Capital Market" view the Publication of JPX Working Paper, Vol.20 "The Trend of Exploring the Use of Distributed Ledger Technology in the Capital Market" China to Model Financial Reforms on MiFID II, Says Ceinex's Chen view more BetaShares-Bonds behaving badly? An analysis of recent fixed vs. floating bond returns view more BetaShares-BetaShares Australian ETF Review-August 2017 view more
The Asia Pacific (ex-Japan) ETF/ETP industry had 1,134 ETFs/ETPs, with 1,284 listings, assets of US$155 Bn, from 121 providers on 17 exchanges in 14 countries.
Source: ETFGI
September 14, 2017--The JPX Monthly ETF Monthly Report (August 2017) is available.
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Source: JPX (Japan Exchange Group)
September 14, 2017--Tokyo-based Daiwa Asset Management is planning to launch three new ETFs in Japan, each tracking locally listed equities while utilizing environmental, social and governance (ESG) stock screening.
The funds are due to begin trading on Tuesday 26 September 2017.
Source: etfstrategy.co.uk
September 14, 2017--Australia
ETF Securities lists robotics ETF in Sydney...
ETF Securities has teamed up with US index provider ROBO Global to launch the ETFS ROBO Global Robotics and Automation ETF (ROBO) on the Australian Stock Exchange...
An ETF everyone will want.
Everyone wants high dividends and low volatility. So why not make an ETF for it. Taiwan’s biggest ETF provider Yuanta has listed a new factor ETF in Taipei, the High Dividend Low Volatility ETF (00713)....
Source: ULTUMUS-Financial Data Management
September 14, 2017--Japan Exchange Group, Inc. (JPX) today published JPX Working Paper, Vol.20 "The Trend of Exploring the Use of Distributed Ledger Technology in the Capital Market".
JPX Working Papers highlight research and studies on changes in the market and regulatory environment with the aim of raising competitiveness.
Source: JPX (Japan Exchange Group)
September 13, 2017--New reforms to China's financial system will closely mirror the European Union's second Markets in Financial Instruments Directive package, the chief executive of the China Europe International Exchange (Ceinex) has claimed.
"We've just declared intentions to outline China's version of MiFID II," Han Chen, chief executive of Ceinex, told Risk.net.
Source: finregalert.com
September 13, 2017--Although the Reserve Bank of Australia has kept official short-term interest rates steady since August last year, it may surprise some investors to know that returns from Australia's traditional fixed-income asset class -comprised largely of Australian government bonds- have been negative over this period.
By contrast, returns from a narrower index of corporate bonds, and especially floating-rate bonds, have been far better. These results highlight the fact that supposedly relatively "safe" investments are not always as reliable as some investors may imagine.
Source: betashares.com.au
August 12, 2017--Onwards and upwards!
The Australian ETF industry recorded another strong month of growth, with the industry rising to a fresh record high in August.
Total industry FuM at the month end was $30.9B, which is a growth of 2.2% ($842m) for the month. While asset appreciation aided industry growth, the majority (75%) of the month's growth came from net new money. Unlike most of the year so far, which has seen strong inflows into Australian equities, the category with the highest level of inflows this month was global equities, which received net inflows of $350m.
Source: betashares.com.au