Global ETF News Older than One Year
The Eurekahedge Report May 2018
May 15, 2018--Highlights from this month's report
Hedge funds bounced back to positive territory in April, up 0.55% with the underlying markets, as represented by the MSCI AC World Index (Local) up 1.18% over the same period. On a year-to-date basis, managers gained 0.23% with 10% of them posting returns in excess of 5%.
Total hedge fund assets grew by US$31.9 billion over the past four months, with US$36.2 billion attributed to investor inflows while managers posted performance-based losses of US$4.4 billion. Investors have been selective in their allocations across strategies with long/short equities and macro hedge funds seeing stronger subscriptions year-to-date.
CTA/managed futures managers posted their third consecutive month of investor redemptions, totalling US$5.9 billion, bringing its year-to-date outflows to US$2.8 billion. Managers have posted performance-based losses of US$11.7 billion as of April 2018 year-to-date, the highest performance-based losses among all strategic mandates.
Source: Eurekahedge
ETFGI reports ETFs and ETPs listed globally gathered net inflows of 36.46 billion US dollars in April, marking 51 months of consecutive of net inflows
May 14, 2018--ETFGI, a leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, reported today that ETFs and ETPs listed globally gathered US$36.46 Bn in net inflows, marking 51 months of consecutive of net inflows.
Through the end of April, year to date 2018 net inflows are US$173.57 Bn, according to ETFGI's April 2018 Global ETF and ETP industry landscape insights report, an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)
Highlights
Net new assets gathered by ETFs/ETPs listed globally were $36.46 Bn
April 2018 marked the 51st consecutive month of net inflows into ETFs/ETPs listed globally
In April 2018, 46 new ETFs/ETPs were launched by 28 providers and 68 ETFs/ETPs closed by 13 providers
Source: ETFGI
Basel Committee issues capital treatment for simple, transparent and comparable short-term securitisations
May 14, 2018--The Basel Committee on Banking Supervision today issued the Capital treatment for simple, transparent and comparable short-term securitisations.
This standard supplements the Criteria for identifying simple, transparent and comparable short-term securitisations issued jointly with the International Organization of Securities Commissions (IOSCO).
The standard sets out additional guidance and requirements for the purpose of applying preferential regulatory capital treatment for banks acting as investors in or as sponsors of simple, transparent and comparable (STC) short-term securitisations, typically in asset-backed commercial paper (ABCP) structures.
Source: BIS
BCBS and IOSCO issue criteria for identifying simple, transparent and comparable short-term securitisations
May 14, 2018--The Basel Committee on Banking Supervision (BCBS) and the International Organization of Securities Commissions (IOSCO) today issued the Criteria for identifying simple, transparent and comparable short-term securitisations (the short-term STC criteria), which are available on the BCBS and IOSCO websites.
The short-term STC criteria aim to assist the financial industry in its development of simple, transparent and comparable short-term securitisations. The criteria maintain and build on the principles in the Criteria for identifying simple, transparent and comparable securitisations issued by BCBS-IOSCO in July 2015. The criteria published today take account of the characteristics of asset-backed commercial paper (ABCP) conduits, such as (i) the short maturity of the commercial paper issued, (ii) the different forms of programme structures and (iii) the existence of multiple forms of liquidity and credit support facilities.
Source: BIS
Singapore Exchange (SGX) and Tel-Aviv Stock Exchange (TASE) Establish Partnership to Grow Cross-Border Capital Raising Opportunities for Technology Companies
May 14, 2018--Partnership complements efforts by the exchanges to boost their respective technology sector listings
Singapore Exchange (SGX) and The Tel-Aviv Stock Exchange (TASE) today announced that they have established a partnership focused on growing capital raising opportunities for companies, particularly in the technology sector.
The two exchanges will work together to support technology and healthcare companies which are looking to tap the capital markets to fund their growth plans in Asia and globally. The two exchanges will pro-actively engage with technology companies seeking to penetrate Asian markets, to list on both exchanges. This will include assisting companies during the pre-listing stage, facilitating the listing process, and providing issuers with post-listing support by leveraging the exchanges' network and platforms.
Source: SGX
ETF Securities Weekly Flows Analysis: Geopolitical risks drove ETP flows last week
May 14, 2018--Oil ETPs see US$39.5mn outflows as investors take profit on 3.2% rise in oil price.
Gold continues to attract in an environment of heightened security risk.
Source: etfsecurities.com
ETF sales hit by return of global market volatility
May 14, 2018--About $2.9bn in new money flowed into gold exchange traded funds globally.
Source: FT.com
BlackRock Global ETP Landscape-April 2018
May 11, 2018--Summary
Global ETP flows in April were fueled by Fixed Income
April industry flows of $35.4bn doubled in comparison to $17.7bn in March as flows into Fixed Income funds
accelerated and U.S. equity flows turned positive after two
months of outflows
Global fixed income flows during April reached $17.3bn -a ten-month high- diversified across U.S. Treasuries with 6.6bn, investment grade corporate with $3.2bn and broad multi-sector funds with $3.0bn
U.S. equities added $6.9bn compared to the redemption activity of ($7.1bn) from last month amid a strong U.S. earnings season
Gold flows scaled to $2.9bn-the highest since July 2016-indicating demand for perceived safe-haven categories alongside the U.S. Treasury flows mentioned above
Source: BlackRock
IMF Regional Economic Outlook Update: Middle East and Central Asia
May 11, 2018-- Summary
Growth is improving in the Middle East, North Africa, Afghanistan, and Pakistan (MENAP) region and was stronger than expected last year in the Caucasus and Central Asia (CCA) region. However, the regions are not fully benefitting from the stronger global outlook.
In MENAP, the fragile recovery requires further reforms that will help diversify economies, create jobs, and secure resilience.
Meanwhile, the growth momentum in the CCA is temporary, which is why action is needed now to spur private-sector development, so that the region avoids a new reality of low growth.
view the IMF Regional Economic Outlook Update: Middle East and Central Asia
Source: IMF
DECPG Global Weekl
May 11, 2018--TAKING STOCK
U.S. inflation rose less than expected in April; consumer confidence held steady in May
Bank of England kept interest rates on hold; Euro Area investor sentiment fell to a 15-month low
Japan's household spending fell for a second consecutive month in March
China's consumer price inflation slowed in April; producer price inflation picked up; export growth rebounded
Crude oil prices rose
U.S. inflation rose less than expected in April; consumer confidence held steady in May. The headline consumer price index (CPI) rose 2.5 percent (y/y) in April, slightly up from 2.4 percent in March, as rising energy costs were partly offset by a moderation in health care prices.
Source: World Bank
