Ultumus-John Hancock Small Cap
November 8, 2017--John Hancock lists factor small cap ETF
John Hancock is listing a new ETF in New York that brings smart beta to US small caps, the John Hancock Multifactor Small Cap ETF (JHSC).
JHSC tracks an in-house index made of US small caps...
Asia
Korea
Samsung lists two plain vanilla and one leveraged ETF
Korean Chaebol and asset manager Samsung is listing three new ETFs. They are:
Samsung KODEX US Russell 2000 ETF H (280930)
Samsung KODEX MSCI Korea Total Return ETF (278540)....
Koomkin banks lists Korean treasury inverse futures bond...
Europe
UK
iShares cross lists and re-lists (?) bond ETFs
iShares is offering new currencies in and cross-listing some of its bond ETFs. They are:....
Italy
Source is listing two of its vanilla ETFs into Milan in euros. They are:
Source S&P 500 UCITS ETF B SPXD...
Source: ULTUMUS-Financial Data Management
Flow Traders Enters FX Market with MarketFactory
November 8, 2017--Flow Traders, a leading global technology-enabled liquidity provider specializing in exchange traded products (ETPs), and MarketFactory, an industry-leading FX technology platform, announced today a partnership that will enable investors to trade FX directly with Flow Traders on FX trading venues across the globe.
Flow Traders has a long history of trading FX as part of its hedging strategies, and identified the opportunity to further expand its role in the FX market. MarketFactory's API product, Whisperer, underpins Flow Traders' strategic ambitions to become a leading liquidity provider in FX.
Source: Flow Traders N.V.
Post-crisis restrictions on international banking can blunt growth prospects in developing countries
November 7, 2017--Growing restrictions imposed on foreign banks operating in developing countries since the 2007/9 global financial crisis are hampering better growth prospects by limiting the flow of much-needed financing to firms and households, a World Bank report warned on Tuesday.
International banking can have important benefits for development, but is no panacea, and carries risks. Developing economy policymakers would do well to consider how to maximize the benefits of cross-border banking while minimizing its costs, the World Bank's Global Financial Development Report 2017/2018: Bankers without Borders says.
view the Global Financial Development Report 2017/2018: Bankers without Borders Report
Source: World Bank
ETF Securities-Precious Metals Monitor--October 2017
November 7, 2017--Key Highlight
Gold: Bitcoin's NOT the culprit for slumping physical gold investment-it's Equities
Physical retail investment demand, particularly in the US, remains weak. This is potentially from high inventories of bars and coins combined with saturated demand from high purchases in recent years.
This trend is also notable in the sales of US American Gold Eagle coins through October accounting for only 247,500 ounces compared to 808,500 in 2016. US coin sales have not been this low since 2007 which saw only 133,000 ounces sold in the first 10 months. Many are attributing this weak investment demand due to a substitution effect from Bitcoin, a cryptocurrency, which has seen a skyrocket increase in speculation and price this year.
Source: etfsecurities.com
BetaShares-Global Market Outlook: Life in the fast lane
November 7, 2017--Month in Review
Global equities enjoyed another good month in October, buoyed by ongoing signs of synchronised growth in many parts of the word, solid corporate earnings and persistent low inflation.
Also helping was the failure of various simmering political risks-North Korea, Catalonia and the Trump "Russia probe"-to erupt and hurt investment sentiment.
The MSCI All-Country Equity Index posted a net return of 2.6% in local currency terms, and a stronger 4.4% gain in $A terms-the latter reflecting weakness in the Australian dollar during the month.
Source: betashares.com.au
Socially-responsible ETFs grow but education still needed
November 7, 2017--Classifying what is an environmental, social or sustainable investment is difficult enough.
But creating an exchange traded fund (ETF) that offers socially responsible assets can be an even more daunting task due to the variety of definitions that exist.
Source: citywire.co.uk
ETF Securities Weekly Flows Analysis-Gold ETP inflows grind higher after a mixed payroll report
November 6, 2017--Gold ETP inflows receive US$20.6mn for the second consecutive week after a mixed payroll report.
Strong price gains in the crude oil market prompt large outflows from oil ETPs worth US$73mn.
Inflows into global thematic equity ETFs garner momentum, totalling US$18.4mn.
Profit taking results in outflows from nickel ETPs, totalling US$8.6mn.
Gold ETP inflows increase for the second consecutive week amounting to US$20.6mn following a mixed payroll report. The pace of inflows has slowed considerably for gold ETPs over the past month. While the jobless rate fell, wages were a weak spot in October (rising 2.4% vs est 2.7% y-o-y). However with payroll gains averaging about 162,000 over the prior three months and the economy nearing maximum employment, the third rate hike by the Fed this year seems certain, adding further downside pressure on gold prices in the near term.
Source: etfsecurities.com
U.S. Report Says Humans Cause Climate Change, Contradicting Top Trump Officials
November 3, 2017--Directly contradicting much of the Trump administration's position on climate change, 13 federal agencies unveiled an exhaustive scientific report on Friday that says humans are the dominant cause of the global temperature rise that has created the warmest period in the history of civilization.
Over the past 115 years global average temperatures have increased 1.8 degrees Fahrenheit, leading to record-breaking weather events and temperature extremes, the report says.
Source: NY Times
IOSCO publishes updates to peer reviews of regulation of MMFs and securitization
November 3, 2017--The Board of the International Organization of Securities Commissions (IOSCO) today published two update reports titled Update to the IOSCO Peer Review of Regulation of Money Market Funds and Update to the IOSCO Peer Review of Implementation of Incentive Alignment Recommendations for Securitisation.
These reports summarize IOSCO's ongoing efforts in monitoring implementation of reforms for money market funds (MMF) and securitization since IOSCO published its two peer reviews in September 2015. The reports address progress by IOSCO members in FSB jurisdictions in adopting legislation, regulation and other policies in the G20 priority reform areas covering MMF and securitization.
view the IOSCO Peer Review of Regulation of Money Market Funds report
Source: IOSCO
DECPG Global Weekly
November 3, 2017--Taking Stock
U.S. nonfarm job growth rebounded in October; the Federal Reserve kept policy rates on hold. U.S. nonfarm
payrolls rose by 261,000 (m/m sa) in October,less than expected and the September's figure was revised up (from a drop of 33,000 to an increase of 18,000).
The unemployment rate edged down from 4.2 percent in September to 4.1 percent in October, its lowest level since December 2000 (Figure 1). Labor force participation rate decreased by 0.4 percentage point to 62.7 percent.
Average hourly earnings rose 2.4 percent (y/y) in October, down from September's 2.8 percent increase. Separately, the U.S. Federal Reserve kept the target range for the federal funds rate at 1-1.25 percent at its November meeting, in line with expectations.
Source: World Bank