Global ETF News Older than One Year
World Gold Council-Annual review 2017
February 27, 2018--The strong gold price performance was a positive for investors and producers, and was symptomatic of a more profound shift in sentiment: a growing recognition of gold's role as a wealth preservation and risk mitigation tool. This goes to the heart of our strategy to make gold a mainstream asset.
Over the past year we saw the launch of LMEprecious, developed with the London Metal Exchange, which is intended to improve price transparency and efficiency of transacting in the London wholesale market. Also, the emergence of a range of Shari'ah-compliant gold products, following the launch of the ground-breaking Shari'ah Standard on Gold in 2016, should help to open up the gold market further. More broadly, significant progress has been made in engaging pension funds and sovereign wealth funds to consider making allocations to gold.
Source: World Gold Council (WGC)
ETFGI reports assets invested in leveraged and inverse ETFs and ETPs listed globally reach record high of US$87.3 billion at the end of January 2018
February 27, 2018--According to ETFGI's January 2018 Leverage and Inverse ETF and ETP industry insights report, a monthly report included in an annual paid-for research subscription service, assets invested in leveraged and inverse ETFs and ETPs listed globally reached a record high of US$87.3 billion at the end of January 2018, shattering the previous record of US$80.7 billion set at the end of 2017.
(All dollar values in USD unless otherwise noted.)
Highlights
During January, leverage and inverse ETFs/ETPs listed globally saw net inflows of $1.47 Bn
Assets invested in leveraged and inverse ETFs/ETPs listed globally increased by a record $6.61 Bn during January 2018 to reach a new high of $87.3 Bn at the end of the month
The majority of assets were invested in leveraged ETFs/ETPs with $53.8 Bn, followed by inverse
products with assets of $17.8 Bn, and leveraged inverse with $15.8 Bn
Source: ETFGI
ETF Securities Investment Insights-Dollar Dynamics May Favor Commodities
February 27, 2018--Summary
Dollar has entered a structural bear market reflecting concerns
around US fiscal deficit and rising inflation.
Negative dollar view may spell good news for commodities
which historically perform well during dollar drawdowns.
Energy sector's negative correlation to US Dollar returns.
Debt, Deficit, and a Downward Dollar
After falling 10% in 2017, the US dollar (USD) continues its slide
year to date. In fact, when evaluating the USD since the end of the
Bretton Woods system in 1973, the dollar's long-term downward
drift may likely resume (Exhibit 1). Markets have attributed the
recent pullback to concerns around the US deficit; exacerbated by
the passage of the recent tax reform bill and anticipated future
fiscal spending.
Source: etfsecurities.com
The Basel Committee consults on revisions to the Pillar 3 disclosure framework
February 27, 2018--The Basel Committee on Banking Supervision has today issued for consultation Pillar 3 disclosure requirements-updated framework.
Pillar 3 of the Basel framework seeks to promote market discipline through regulatory disclosure requirements. Many of the proposed disclosure requirements published today are related to the finalisation of the Basel III post-crisis regulatory reforms in December 2017 and include new or revised requirements:
Source: BIS
This Big Cryptocurrency Acquisition Could Create a Wall Street-Style Financial Giant
February 26, 2018--Circle, a cryptocurrency-focused financial-services firm, will announce today that it is buying crypto exchange Poloniex-a move that immediately makes Circle one of the largest and most influential companies in the industry.
Fortune's Robert Hackett profiles a company that hopes to leverage the technology behind Bitcoin to become the bank of the next century.
Source: Fortune.com
ETF Securities Weekly Flows Analysis-Robotic ETFs continue to see inflows
February 26, 2018--US$15mn into robotic themed equity ETFs.
Industrial metals-buying on price dips.
Arabica coffee ETPs attract US$6.8mn-the highest since October 2017-as investors bargain-hunt.
Crude oil ETPs resume outflows.
US$15mn into robotic themed equity ETFs. Last week's flows marked a 3 week high. Investors are increasingly enthusiastic about the role of robotics in the modern world and have identified an investment opportunity in the companies that enable the deployment of this technology.
Industrial metals-buying on price dips. Broad industrial metal ETPs received a second consecutive week of inflows (US$5.0mn) as investors bought on price dips.Long copper ETPs received US$8.7mn of inflows.
Source: etfsecurities.com
ETF Securities-Commodity Monthly Monitor -Commodities buck cyclical shakedown
February 26, 2018--While the S&P500, cryptocurrencies and bond prices fell last month, commodities posted gains. The S&P500 volatility index is now back to its normal territory after a protracted period of being subdued. Cyclical commodities like industrial metals however, continue to trade higher on firm fundamentals.
Gains were not homogenous in commodities: the unsustainable rise in oil prices in January faltered in February and palladium has begun to unwind, coming closer to parity with platinum after consistently trading above since October 2017.
As China re-opens after the New Year celebrations, better quality data from the largest consumer of commodities will come due. Year-on-year comparisons of data from China in the months of January and February are very difficult because the timing of lunar New Year is not the same each year on the Georgian calendar
Source: etfsecurities.com
Cybersecurity, cyber-risk and financial sector regulation and supervision
February 24, 2018--The threat and impact of cyberattacks on the financial sector is increasing, and financial sector authorities are increasingly looking to address cyber risk and cybersecurity.
Customers of financial services suffered 65% more cyberattacks in 2016 than customers of any other industry, which represented a 29% increase from the previous year, according to Bank Group estimates.
Improving coordination between financial sector authorities and other agencies dealing with cyber risk and cybersecurity is essential. To help advance this work, the World Bank Group has published two reports:
Financial Sector's Cybersecurity Regulatory Digest, which takes stock of existing regulatory and supervisory practices, including cybersecurity laws, regulations, guidelines and other significant documents on cybersecurity for the financial sector
A paper on Financial Sector's Cybersecurity Regulation and Supervision
Source: World Bank
DECPG Global Weekly
February 23, 2018--TAKING STOCK
U.S. services and manufacturing PMIs increased; existing home sales contracted
Euro Area consumer confidence and composite PMI dropped from multi-year highs; core inflation increased
Japan's trade deficit declined amid stronger exports; inflation rose to a 3-year high
The Russian Federation registered slower retail sales growth; unemployment rose
Thailand's annual GDP growth hit a 5-year high in 2017; trade balance posted a deficit
U.S. services and manufacturing PMIs increased; existing home sales contracted. Preliminary estimates indicate that the U.S. Markit Composite purchasing managers' index (PMI) rose to a 27-month high of 55.9 in February (50+ indicates expansion). The uptick in private sector activity reflected improvements in both services and manufacturing production, supported by robust new business growth.
Source: World Bank
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
