Global ETF News Older than One Year
Final guidelines on identification and management of step-in risk issued by the Basel Committee
October 25, 2017--The Basel Committee on Banking Supervision released today the final Guidelines on identification and management of step-in risk.
Step-in risk refers to the risk that a bank provides financial support to an entity beyond, or in the absence of, its contractual obligations should the entity experience financial stress.
Source: BIS
World Bank-Reducing Risks in Developing Countries is Key to Spur Investment and Growth
October 25, 2017--A stable business environment, effective regulations, and political stability are among the key drivers of foreign direct investment (FDI) into developing countries, according to a new survey released today by the World Bank Group.
The survey of 750 executives of multinational corporations is part of the Global Investment Competitiveness Report 2017-2018, the first of a biennial series exploring the drivers of investment competitiveness in developing countries. The report finds that international investors prioritize political stability, security, macroeconomic conditions, and conducive regulatory environment when deciding where to make investments that can spur growth and create jobs.
view the 2017/2018 Foreign Investor Perspectives and Policy Implications report
Source: World Bank
Inforgraphic-The Power of Smart Contracts on the Blockchain
October 25, 2017--The world is waking up to the impressive capabilities of the blockchain.
As a foundational technology that things can be "built on top" of, the potential applications of the blockchain go way beyond just payments or cryptocurrencies.
Source: visualcapitalist.com
DECPG Global Monthly-October 2017
October 25, 2017--Overview
The global recovery is ongoing, but momentum is likely to have moderated somewhat following a strong performance
in 17Q2.
Global goods trade growth generally remains solid and services trade is gradually strengthening.
Global financing conditions have slightly tightened, and capital flows to emerging markets and developing economies (EMDEs) have softened.
Brent oil prices continued to rise in October, underpinned by rising demand and high compliance with the productioncut agreement.
Source: World Bank
Ultumus-Exponential ETFs lists upside down cap weighted ETF
October 25, 2017--USA
Exponential ETFs lists upside down cap weighted ETF
Finance professionals tend to think market cap weighted indexes are the way to go, while academics think equal weighted indexes are the way to go....
Eaton Vance lists ETMF on NASDAQ
Eaton Vance is listing a new exchange traded managed fund on NASDAQ, the Eaton Vance Floating-Rate NextShares (EVFTC), which uses its patented NAV-based trading methodology.
EVFTC will invest in floating rate notes, and among them mostly in "senior loans", which the prospectus describes as (mostly) junk debts from domestic and foreign issuers....
Vanguard lists total corporate bond ETF
Vanguard is listing a new ETF of ETFs, which aims to give very broad exposure to the corporate bond market, the Vanguard Total Corporate Bond ETF (VTC).
VTC will track the Bloomberg Barclays U.S. Corporate Bond Index by investing in other Vanguard ETFs that track different parts of the index.....
Vanguard lists Euro Stoxx 50 tracker in London
World’s second largest issuer Vanguard is listing an ETF on the London Stock Exchange that tracks the Euro Stoxx 50, the Vanguard Euro Stoxx 50 UCITS ETF (VX5E).
The Euro Stoxx 50 is arguably Europe’s leading index for Eurozone mega cap companies. Almost every major European ETF issuer has a product tracking this index. But US issuers, with the exception of iShares, have steered mostly clear of tracking it. Vanguard's entrance, however, may signal a change...
Switzerland
PowerShares continues cross-listings through Europe
PowerShares has continued to cross-list its masthead products into Switzerland. Today it listed the PowerShares S&P 500 High Dividend Low Volatility UCITS ETF (HDCH)...
Italy
PowerShares has cross-listed its PowerShares Preferred Shares UCITS ETF (PRFD), which tracks an index of preferred securities from blue chip companies....
France
BNP Paribas lists SRI ETF
French banking major BNP Paribas is listing a socially responsible investing ETF on its home turn in paris, the BNP Paribas Easy MSCI KLD 400 US SRI UCITS ETF (EKUS).
EKUS will track the MSCI KLD 400 social index, which is made up of companies with "outstanding" SRI ratings and "excludes companies whose products have negative social or environmental impacts," the index fact sheet says...
Source: ULTUMUS-Financial Data Management
International Debt Statistics 2018 shows BRICs doubled bilateral lending commitments to low-income countries in 2016 to $84 billion
October 24, 2017--The 2018 edition of International Debt Statistics (IDS) has just been published.
IDS 2018 presents statistics and analysis on the external debt and financial flows (debt and equity) of the world's economies for 2016. It provides more than 200 time series indicators from 1970 to 2016 for most reporting countries.
view the World Bank International DEBT Statistics 2018
Source: World Bank
Bond ETFs set to hit $1.5 trn by 2022, says BlackRock
October 24, 2017--Bond Exchange Traded Funds (ETFs) look set to double in size in the next five years to $1.5 trillion as investors look for bundled debt solutions that also provide flexibility, according to BlackRock's calculations.
Total bond ETF assets stood at $750 billion as of September 30, according to a note from BlackRock's iShares.
Source: citywireamericas.com
Flow Traders 3Q17 Trading update: Flow Traders continues to grow its market footprint and to roll out structural growth strategy
October 24, 2017--Flow Traders N.V. (Euronext: FLOW) today announced its 3Q17 results (unaudited), stating that:
Flow Traders' global market share reached over 4% in 3Q17, its highest level ever, while market activity declined further
Flow Traders' ETP Value Traded year-to-date shows strong growth Y-o-Y (+16%) versus a declining market ETP Value Traded (-12%) over the same period
Flow Traders' 3Q17 NTI of € 31.7m is a result of tightening spreads and further decrease in market volatility
Flow Traders expects the declining trend in cost growth to continue in 4Q17 towards the lower end of the guided 15-20% cost growth target range for full year 2017
Growth initiatives are underway and developing as planned in all regions
3Q17 EBITDA margin was 24% as a result of the operating leverage of our business model and very slow market conditions
Flow Traders is on schedule to meet all regulatory requirements under MiFID2
Flow Traders intends to increase the pay-out ratio to at least 75% of its net earnings over 2017, pending shareholder approval.
Source: Flow Traders N.V.
Charting a New Path for Water's Future
October 24, 2017--The new report Uncharted Waters: The New Economics of Water Scarcity and Variability looks at how the increasing number of droughts and floods impact farms, firms and families in ways that are far costlier and longer lasting than known before.
New research shows that while the consequences of drought are often invisible, they are significant and cause "misery in slow motion".
With growing populations and greater affluence, the demand for water is growing while the global supply of water is constant, causing increased water deficits especially in areas of particularly high population growth which are also often poor, fragile or in conflict, exacerbating existing problems for vulnerable populations.
view the World Bank report- Uncharted Waters: The New Economics of Water Scarcity and Variability
Source: World Bank
The New Silk Road: 8 steps to ensuring China's $900 billion project is a success
October 24, 2017--What is the New Silk Road?
The Silk Road was the name given in 1877 by the German geographer Ferdinand von Richthofen to the ancient network of trade routes linking China to central and western Asia, India and the Mediterranean region.
Today, China is breathing new life into the Silk Road with the goal of forging stronger relationships with its neighbours through the development and sharing of resources. President Xi Jinping, speaking at the World Economic Forum 2017 in Davos, referred to the ancient Silk Road, highlighting the fact that international trade is an inherent human activity that helped in the past to maintain peace and stability over long periods of time.
Source: WEF (World Economic Forum)
