ETFGI reports assets invested in Smart Beta ETFs and ETPs listed globally reach record high of US$696 billion at the end of January 2018
February 23, 2018--According to ETFGI's January 2018 Smart Beta ETF and ETP industry insights report, a monthly report included in an annual paid-for research subscription service, assets invested in Smart Beta ETFs and ETPs listed globally reached a record high of US$696 billion at the end of January 2018, shattering the previous record of US$658 billion set at the end of 2017.
(All dollar values in USD unless otherwise noted.)
Highlights
Assets invested in Smart Beta ETFs/ETPs listed globally increased by a record $37.8 Bn during January to reach a new high of $696 Bn
In January 2018, Smart Beta ETFs and ETPs listed globally saw net inflows of $9.43 Bn
Multi Factor smart beta products gathered the largest net inflows with $4.55 Bn, followed by Value Factor with $1.34 Bn
During January 2018 assets invested in Smart Beta ETFs/ETPs increased by $37.8 Bn, or 5.74%. According to ETFGI's data this growth represents the greatest absolute monthly increase in assets on record. The previous record was set in March 2016, when assets grew by $31.9 Bn.
Source: ETFGI
ETFGI reports assets invested in Smart Beta ETFs and ETPs listed globally reach record high of US$696 billion at the end of January 2018
February 23, 2018--According to ETFGI's January 2018 Smart Beta ETF and ETP industry insights report, a monthly report included in an annual paid-for research subscription service, assets invested in Smart Beta ETFs and ETPs listed globally reached a record high of US$696 billion at the end of January 2018, shattering the previous record of US$658 billion set at the end of 2017. (All dollar values in USD unless otherwise noted.)
Highlights
Assets invested in Smart Beta ETFs/ETPs listed globally increased by a record $37.8 Bn during January to reach a new high of $696 Bn
In January 2018, Smart Beta ETFs and ETPs listed globally saw net inflows of $9.43 Bn
Multi Factor smart beta products gathered the largest net inflows with $4.55 Bn, followed by Value Factor with $1.34 Bn
Source: ETFGI
Blockchain could save asset managers $2.7bn a year
February 22, 2018-- Blockchain could save asset managers $2.7bn a year if the investment industry shunned the laborious manual practices involved in buying and selling funds in favour of using online ledger technology, according to research published on Thursday.
Technology company Calastone said blockchain, which is...view more
Source: FT.com
DECPG Global Monthly- February 2018
February 22, 2018--Monthly Highlights
The cyclical recovery in global manufacturing continued at the start of 2018, providing ongoing support to global trade growth.
Financial markets experienced a period of turbulence in the first half of February, amid rising U.S. inflation expectations and bond yields.
Equity prices fell across advanced economies and emerging market and developing economies (EMDEs), but have recovered somewhat since then.
Oil prices dropped in February as U.S. production hit record highs.
Special Focus: Potential Growth and Underlying Drivers
Potential output growth is defined as the rate of expansion that an economy can sustain at full capacity.
Based on various measures, global potential growth slowed in the post-crisis period, and it is below long-term averages in a majority of EMDEs.
Demographic trends suggest a further slowdown over the next decade in both advanced economies and EMDEs.
Source: World Bank
ETFGI reports assets invested in actively managed ETFs and ETPs listed globally reach record high of US$79.3 billion at the end of January 2018
February 22, 2018--According to ETFGI's January 2018 Active ETF and ETP industry insights report, a monthly report included in an annual paid-for research subscription service, assets invested in actively-managed ETFs and ETPs listed globally reached a record high of US$79.3 billion at the end of January 2018, shattering the previous record of US$75.2 billion set at the end of 2017. (All dollar values in USD unless otherwise noted.)
Highlights
Assets invested in actively-managed ETFs/ETPs listed globally increased by a record $4.11 Bn during January to reach a new record high of $79.3 Bn
In January 2018, actively-managed ETFs/ETPs listed globally saw net inflows of $3.08 Bn
Fixed income ETFs/ETPs gathered the largest net inflows with US$1.47 Bn, followed by equity ETFs/ETPs with US$1.22 Bn
Source: ETFGI
World Gold Council-Investment Update: Market selloff bolsters case for gold
February 21, 2018--On February 5th, stock markets suffered one of their more precipitous falls in recent years. The gold price rose but, as stocks partly retraced their losses, gold trended lower.
Gold has often acted as a portfolio hedge in market downturns and the recent pullback was no exception. But gold's effectiveness improves when market corrections are wider or sustained for longer. In our view, the recent selloff is a good reGminder that gold can deliver returns and reduce risk in portfolios.
Source: World Gold Council (WGC)
First Bridge Data-'ETF 20/20': Exchange Traded Fund Monthly Report-February 2018
February 21, 2017--Our monthly 'ETF 20/20' report briefly summarizes recent Exchange Traded Fund (ETF) trends globally. It uses data from the First Bridge ETF database that includes all global ETPs.
Global ETF assets grew to $5.188T as of January 31, 2018.
The spikes in spot VIX and VIX futures in February resulted in dramatic declines in the value of two ETPs that provide inverse exposure to VIX futures. Credit Suisse announced the closure of its Exchange Traded Note "XIV".
The ProShares ETF "SVYX" also declined by 96% on Feb 6 2018, but did not close.
There were 4 blockchain themed ETFs launched in the US in January 2018, emphasizing the growing importance of this technology in the fintech space. In total there were 40 new ETF listings in the US in January 2018, and 116 listings outside the US including cross-listings and share class variants.
Mirae Asset Management announced that it was acquiring Global X, the 17th largest ETF sponsor in the US by assets.
Gold ('SPY') was the best performing of 6 ETFs representing the major asset classes in the trailing 1 month through February 16, 2018.
Source: First Bridge Data
Jane Street SI Joins QuantHouse API Ecosystem
February 21, 2018--Jane Street's systematic internalizer is now available to QuantHouse's API clients.
New York-based Jane Street, which specializes in equities, ETFs and options, traded $5.6 trillion across financial products in 2017. Its SI offers liquidity for more than 2,000 single stocks with a focus on small and mid-cap names.
Source: waterstechnology.com
IOSCO consults on guidance to address conflicts of interest in the equity capital raising process
February 21, 2018--The Board of the International Organization of Securities Commissions (IOSCO) today is proposing guidance to help its members address conflicts of interest and associated misconduct risks that may arise during the equity capital raising process.
Conflicts of interest and associated conduct risks stemming from the role of intermediaries can threaten the integrity and efficiency of equity capital raising, damage investor confidence and undermine capital markets as an effective vehicle for issuers to raise funding. To help regulators identify and address these issues, IOSCO has issued today the consultation report Conflicts of interest and associated conduct risks during the equity capital raising process.
Source: IOSCO
Russell Investments unveils more meaningful ESG scoring
February 20, 2018--Cutting-edge research identifies financially material ESG factors for investors
Initial research suggests the new metric could guide investment decisions
Global asset manager Russell Investments has created another research breakthrough in ESG (environmental, social & governance) investing with a material ESG score, which more accurately identifies ESG factors that could impact the financial performance of publicly-traded companies.
The research findings were released today in a paper titled Materiality Matters: Targeting ESG issues that impact performance. The paper presents evidence that these material ESG scores are better predictors of stock return compared to traditional, non-material ESG scores.
"Our new material metric allows ESG investors to differentiate between companies in a more precise way than a traditional ESG score," said Scott Bennett, director, equity strategy and research, at Russell Investments and an author of the research paper.
Source: Russell Investments