Insurers faced record $135bn in costs from natural disasters in 2017-Munich Re
January 4, 2018--Insurers faced record $135bn in costs from natural disasters in 2017-Munich Re. German reinsurer Munich Re says that natural disasters in 2017 exposed the global insurance industry to a record level of costs which give "a foretaste of what is to come".
Source: FT.com
Record year for BlackRock's ETF business in 2017
January 4, 2018--Record year for BlackRock's ETF business in 2017..
It predicted that ETF assets globally would double by 2022 from the current level of $4.5tn. The ETF industry is expected to announce within days that it enjoyed a third consecutive year of record-breaking growth with net new inflows of more than $600bn in 2017.
Source: FT.com
Binance is now the Largest Cryptocurrency Exchange and Fastest Ever 'Unicorn'
January 4, 2018--Six months back when bitcoin was trading in the $2000-$3000 range, a new cryptocurrency exchange Binance was launched; in a short space of time, it has become the top crypto-exchange by volume.
The firm was nowhere to be found on Google six months ago and now stands with trading volume of almost $10 billion as per data from Coinmarketcap. Binance was founded in July 2017 and has reached an incredible crowd, counting 2.9 million users across the platform.
Source: btcmanager.com
ETF Securities Weekly Flows Analysis-Gold inflows rebound towards the end of the year
January 3, 2018--Gold ETPs saw inflows of US$32mn for the final week in December.
Crude oil ETPs saw further outflows of US$28mn last week, we have seen 22 consecutive weeks of
outflows highlighting pessimism amongst investors.
In Currency ETPs we saw US$10mn and US$11mn respectively for the US dollar and Euro short
positions.
The flows for the final week in December were understandably low for most commodities with the exception of gold and oil. Gold ETPs saw inflows of US$32mn for the final week in December which we believe is a rebound following the December 14th US Federal Reserve interest rate hike coupled with the escalating worries in North Korea and Iran.
Source: etfsecurities.com
OCC 2017 Total Cleared Contract Volume Up Four Percent, Third Highest Volume Year Ever
January 2, 2018--Total cleared futures volume sets record with 32 percent annual growth
Total securities lending CCP activity up 16 percent in December and up 22 percent from 2016
Equity index options volume up 11 percent in December and up 15 percent from 2016
OCC, the world's largest equity derivatives clearing organization, today announced 2017 volume reached the third highest total cleared contract volume ever with 4,327,576,930 contracts, a four percent increase from the 4,167,747,777 cleared contracts in 2016. December cleared volume was 346,006,092 contracts, up three percent from December 2016. OCC also reported record-breaking 2017 volume for cleared futures with 138,029,762 cleared contracts; a 32 percent increase from 2016.
Source: The Options Clearing Corporation (OCC)
Stockpickers' fees set to suffer from ETF price war
January 1, 2018--Asset managers are bracing themselves for an even tighter squeeze on fees this year, as an intensifying price war between exchange-traded fund providers raises the pressure on those who promise to beat the market.
Traditional stockpickers enjoyed a renaissance in 2017, managing on average to...
Source: FT.com
ETFs: uncover the cracks
December 27, 2017--Individually sensible protections can increase pressure on traders to sell in a hurry.
Source: FT.com
Smart beta funds pass $1tn in assets
December 27, 2017--Milestone underscores the increasing popularity of hybrid investment strategy
Smart beta funds have hit the $1tn of assets milestone, testifying to the increasing popularity of the investment strategy.
A hybrid between active and passive investment management...
Source: FT.com
China to Overtake U.S. Economy by 2032 as Asian Might Builds
December 25, 2017--CEBR publishes World Economic League Table and predictions
Report sees India overtaking both U.K., France next year
The growing importance of Asia's major economies will continue in 2018 and beyond, according to a league table that sees the region dominating in terms of size in just over a decade.
The report by the Centre for Economics and Business Research in London sees India leapfrogging the U.K. and France next year to become the world's fifth-biggest economy in dollar terms.
Source: Bloomberg
.) First Bridge 'ETF 20/20': Exchange Traded Fund-December 2017
December 22, 2017--Highlights
Global ETF assets grew by 3.05% in November 2017 to $4.776T.
Dividend ETFs have taken in over $10.6B in net new assets this year through end November 2017, equivalent to about 6% of assets in the category. Multi-factor equity ETFs have taken in $8.6B, about 12% of November end assets.
There were 50 new ETF listings in the US in November 2017. There were over 90 new ETF listings outside the US in the month.
US large cap equity ('SPY') was the best performing of 6 ETFs representing the major asset classes in the trailing 1 month through December 18, 2017.
In the US large cap equity space, value ('RPV') outperformed traditional cap weighting and other 'smart beta' strategies in the trailing 1 month through December 18, 2017.view more
Source: First Bridge Data