Solactive launches Australian Bank Senior Floating Rate Bond Index
Aimed to be tracked by BetaShares Australian Bank Senior Floating Rate
Bond ETF
June 14, 2017--Solactive AG is pleased to announce it has entered for the first time the Asia-Pacific region with a new index in the fixed-income space, the Solactive Australian Bank Senior Floating Rate Bond Index, aimed to be tracked by the BetaShares Australian Bank Senior Floating Rate Bond ETF (ASX: QPON).
The index targets the largest and most liquid floating rate AUD-denominated debt securities issued by selected Australian banks.
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Source: solactive.com
Game changer infrastructure indices to create multi-trillion dollar sector
June 13, 2017--EDHEC Infrastructure Institute-Singapore (EDHECinfra) is releasing 384 infrastructure debt and equity indices that will change the way investors measure infrastructure
investment performance and allow multi-trillion dollar increases in allocation to infrastructure globally.
The new EDHECinfra private debt and equity indices cover 50% of the broad market capitalisation of 14 European markets, and provide investors with metrics that have been unavailable to them until
now, going back to 2000. Global market coverage is planned to be achieved by 2020.
The
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Source: EDHEC Infrastructure Institute-Singapore (EDHECinfra)
Better Data Management to Help Malaysia Achieve High Income Status: World Bank
June 13, 2017--More reliable and open data access can boost growth, expected at 4.9 percent for 2017
The latest Malaysia Economic Monitor, launched today by the World Bank, reports that Malaysia charted its highest quarterly growth rate in two years within the first three months of 2017, at 5.6 percent year-on-year. Growth for the year 2017 has been predicted to rise to 4.9 percent.
view the Malaysia Economic Monitor June 2017: Data for Development
Source: World Bank
BetaShares-Australian ETF Review- May 2017
June 13, 2017-Continued industry growth and inflows into Australian Equities ETFs
The Australian ETF industry recorded another strong month of growth, with total industry FuM at the end of May hitting a new high as the industry nears the $30B mark.
Total industry FUM at month end was $29.0B, with growth of 2.6% or $730M for the month. In a month where the Australian market tumbled, almost all the growth came from net new money, rather than asset appreciation.
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Source: BetaShares
China Holds Firm to $5 Trillion Anchor as Fed, ECB Seek Exit
June 11, 2017--PBOC's assets contracted 3.1% from January-end to March-end
Asset holdings reduction won't continue, economists say
Investors who fret about when and how global central banks will run down their crisis-era balance sheets can be relaxed about the biggest of them all--China's.
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Source: Bloomberg
GST's impact on India's gold market
June 8, 2017--On 1st July, India's labyrinth of taxes will be replaced with a simple, nationwide Goods & Services Tax (GST). This is the biggest fiscal reform since India's liberalisation in the early 1990s.
While gold consumers will face a slightly higher tax rate, and the industry will go through a period of adjustment, we see the net impact on the gold industry as being positive. The gold supply chain should become more transparent and efficient, and the tax reform can boost economic growth, which we see as supporting gold demand.
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Source: World Gold Council
Japan GDP growth revised down to 1%
June 8, 2017--Data defy expectations of upgrade but underlying pace of expansion remains strong.
BetaShares launches Australian Bank Senior Floating Rate Bond ETF
June 6, 2017--We are pleased to announce the launch of the BetaShares Australian Bank Senior Floating Rate Bond ETF (ASX: QPON), the first ETF in Australia to offer exposure to a portfolio of Australian Bank senior floating rate bonds.
QPON aims to provide investors with attractive income paid monthly, along with the diversification benefits and relative capital stability of floating rate notes.
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Source: BetaShares
Weak demand for Shenzhen stock connect even as shares retreat
June 5, 2017-- Quota usage hovers around 5% as cautious investors wait on sidelines
Foreign investors have shown little appetite for Shenzhen-listed stocks available through a new Chinese trading scheme that grants them unprecedented access to mainland shares, as many fund managers remain wary about diving into an expensive and unfamiliar market.
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Source: FT.com
Chinese debt has been downgraded for the first time in almost 30 years
June 2, 2017--Moody's has finally recognized the dangers of instability in China's financial system and economy. This past week, the ratings agency downgraded China's debt one notch from Aa3 to A1.
Although that might not seem like a lot, it's Moody's first downgrade of Chinese debt in almost 30 years; and that is something to take seriously.
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Source: WEF (World Economic Forum)