WisdomTree acquires European ETF business in $611m deal
November 13, 2017--Deal boosts WisdomTree's total assets to $66 billion, making it the ninth largest ETF shop in the world.
Exchange-traded fund (ETF) provider WisdomTree is to pay $611 million in cash and shares to acquire ETF Securities' European exchange-traded commodity, currency and short-and-leveraged business.
The deal will boost WisdomTree's total assets under management to $66 billion, making it the ninth largest ETF shop in the world.
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Source: citywireusa.com
Lyxor-Money Monitor ETF-November 2017-ETF flows already at an all-time annual high
November 10, 2017--ETF flows accelerated again in October as risk stayed firmly on and developed market equities enjoyed the benefits. Flows into ETFs have already exceeded the previous record high for a year, set in 2015.
ETF flows accelerated again in October with inflows of EUR7bn vs. EUR6.8 last month
Yearly flows at EUR78.2bn are already significantly above the previous record of EUR71bn Equity flows slowed slightly: €5.8bn
Fixed income flows nearly doubled: €1.2bn
Very little happened for Commodities: -€0.03M
Good month for Smart Beta , notably value factor: €0.4bn
Equity flows slowed slightly
Risk stayed firmly on as economic conditions improved. There were significant flows into the US, Europe & Asia
Flows into Asian Equities reached a record for this year after Abe's re=election and more positive economic news from Japan
Flows into Europe did however slow down
In contrast, EM equity flows slowed sharply as the Fed adopted a more dovish tone
Source: Lyxor
Assets in Global Equity ETFs linked to MSCI Indexes Reach All-Time High of $707 Billion
November 10, 2017--Total assets benchmarked to MSCI equity indexes now over $12.4 trillion globally
More than 85% of all international equity fund assets are benchmarked to MSCI indexes
More equity ETFs track MSCI's indexes than any other provider
MSCI Inc. (NYSE: MSCI), a leading provider of indexes, portfolio construction, risk management tools and services for global investors, announced today that assets under management ("AUM") in equity exchange-traded funds ("ETFs") linked to its indexes reached an all-time high of $707 billion on November 6, 2017, an increase of 53% from a year ago.1
Since the start of this year, AUM in ETFs linked to MSCI indexes rose $226 billion, which includes net in-flows of $116 billion and market appreciation of $110 billion, as of November 6, 2017. There are currently more than 980 ETFs tracking MSCI indexes globally. More equity ETFs track MSCI's indexes than those of any other index provider.2
Source: MSCI
STOXX PULSE ONLINE- Global Stocks Break Through Records in October
October 10, 2017--Global stocks continued their push higher in October to break records, as signs of economic growth help investors brush off geopolitical risks and tighter monetary policy.
The STOXX(R) Global 1800 Index added 3.4%1 in the month when measured in euros, touching its highest since data starts in 1991 and posting its best performance since February. The index climbed 1.9% in dollars.
The EURO STOXX(R) 50 Index of blue-chip companies in the Eurozone jumped 2.3% to the highest since August 2015. The pan-European STOXX(R) Europe 600 Index gained 1.9%.
Source: STOXX
DECPG Global Weekly-November 10, 2017
November 10. 2017--TAKING STOCK
U.S. consumer sentiment edged down in November; jobless claims rose
Euro Area producer prices picked up in September; retails sales growth rebounded
Japan's machinery orders dropped in September; service sector activity strengthened in October
China continued to face high inflation in October; growth of export and imports slowed
Brent crude oil prices continued to rise
Source: World Bank
World Gold Council-Gold demand in Q3 at eight-year low as ETF inflows slowed sharply
November 9, 2017--The third quarter saw a 9% year-on-year (y-o-y) drop in gold demand to 915 tonnes (t). Year-to-date (y-t-d) demand was down by 12%.1 ETFs had another quarter of positive inflows, but at 18.9t, they fell far short of the 144.3t influx in Q3 2016.
A softer quarter in the jewellery sector (-3%) accounted for 17t of the y-o-y decline. Demand from other sectors firmed: central banks bought a healthy 111t of gold (+25% y-o-y) while bar and coin investment strengthened by 17% (to 222.3t). albeit from a low base.
Source: World Gold Council (WGC)
ERI Scientific Beta newsletter issue no.19, October/November 2017
November 9, 2017--The latest issue of ERI Scientific Beta's quarterly newsletter focuses on the following topics:
Managing Market Risk in Smart Beta Strategies
How to Harvest Factor Premia without Suffering from Market Volatility: The Case for a Long/Short Multi-Factor Strategy
The newsletter also features an interview with Benjamin Herzog, Quantitative Strategies Product Manager at Société Générale Corporate & Investment Banking who explains the reasons for the adoption of a Scientific Beta low volatility high dividend yield strategy and a long/short multi-factor strategy, and provides performance data for ERI Scientific Beta smart factor and multi smart factor indices over different time periods to 30 September 2017...
Source: ERI Scientific Beta
Infographic-What People Think of Globalization, by Country
November 9, 2017--More than in the past, the population is divided on whether globalization is a force for good or not.
In the aftermath of events like Brexit and the Trump election, it’s clear that there's a growing movement of people that are skeptical about wider integration into the global economy and foreign cultures. While this countervailing force has always existed, only recently has it become powerful enough to change the outcomes of key elections and referendums.
Source: visualcapitalist.com
ETFGI reports assets invested in leveraged and inverse ETFs and ETPs listed globally have increased 14.1 percent in 2017 to reach a new record of 77 billion US dollars at the end of September
November 9, 2017--ETFGI, a leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, reported today that assets invested in leveraged/inverse ETFs/ETPs listed globally have increase 14.1% in the first 9 months of the year to reach a new record of US$77.14 Bn at the end of September, according to ETFGI's September 2017 Global Leverage and Inverse ETFs and ETPs Landscape report.
The leveraged/inverse ETF/ETP industry had 834 ETFs/ETPs, with 1,287 listings, assets of US$77.14 Bn, from 59 providers on 19 exchanges in 16 countries.
Source: ETFGI
IOSCO reports on implementation of G20/FSB recommendations to strengthen securities markets
November 8, 2017--The Board of the International Organization of Securities Commissions (IOSCO) today published a report on the implementation of the G20/FSB post-crisis recommendations aimed at strengthening securities markets.
The Implementation Report: G20/FSB Recommendations related to Securities Markets was prepared by IOSCO's Assessment Committee and is designed to provide further clarity on the recommendations and the role of securities market regulators in overseeing how these recommendations are implemented.
view the Implementation Report: G20/FSB Recommendations related to Securities Markets
Source: IOSCO