Global ETF News Older than One Year
World Economic Forum Mitigating Risks in the Innovation Economy- How Emerging Technologies Are Changing the Risk Landscape
October 12, 2017--Over the last year, the World Economic Forum project Mitigating Risks in the Innovation Economy has worked
to examine how emerging technologies are causing a radical shift in the nature of risks faced by individuals, businesses
and society.
This information, gathered through research, interviews and roundtable discussions, was used to develop a shared set of recommendations among the Steering Committee and Working Group members to support society in anticipating and tackling the changes arising from the emergence of technological innovations.
Source: WEF (World Economic Forum)
Barclays chief compliance officer Roemer quits for Wells Fargo
October 12, 2017--Barclays' chief compliance officer Michael Roemer is leaving to take up the same role at U.S. bank Wells Fargo, the two banks said on Thursday.
Roemer will leave Barclays at the end of this month, the British bank said in a statement, while Wells Fargo said in a separate statement he would join the U.S. firm in January 2018.
Source: Reuters
IOSCO analyzes other CRA products used to make investment and credit-related decisions
October 11, 2017--The Board of the International Organization of Securities Commissions (IOSCO) today published a report titled Other CRA Products (OCPs), which provides market participants with a better understanding of certain non-traditional products and services offered by credit rating agencies (CRAs).
These non-traditional products may include, for example, private ratings, confidential ratings, expected ratings, indicative ratings, prospective ratings, provisional ratings, preliminary ratings, one-time ratings, regional ratings, national ratings, point-in-time ratings, scoring, credit default swap spreads, bond indexes, portfolio assessment tools, credit assessments, rating assessments, assessments, fund ratings, data feeds,research or other tools.
view the IOSCO-Other CRA Products-Final Report
Source: IOSCO
IMF-Global Financial Stability Report October 2017: Is Growth at Risk?
October 11, 2017--The October 2017 Global Financial Stability Report (GFSR) finds that the global financial system continues to strengthen in response to extraordinary policy support, regulatory enhancements, and the cyclical upturn in growth.
Global bank balance sheets are stronger because of improved capital and liquidity buffers, amid tighter regulation and heightened market scrutiny. However, some banks are still grappling with legacy issues and business model challenges, where progress has been uneven.
The environment of continuing monetary accommodation-necessary to support activity and boost inflation-may lead to a continued search for yield where there is too much money chasing too few yielding assets, pushing investors beyond their traditional habitats. As the search for yield intensifies, vulnerabilities are shifting to the nonbank sector and market risks are rising.
view the IMF-IMF-Global Financial Stability Report October 2017: Is Growth at Risk?
Source: IMF
Preqin-Women Represent 19% of Alternative Assets Employees
October 11, 2017--Average proportion of women among senior staff is 11% across the industry
Preqin's latest overview of women in alternative assets finds that just under one in five employees at fund management firms are female*. This rate varies widely by role, and consistently declines according to seniority. The highest proportion of women is seen among junior employees, where they constitute 29% of the workforce.
However, in each asset class the representation of women falls according to seniority, and overall senior alternative assets staff consist of 11% women. In the same way, women are best represented in investor relations/marketing teams, as high as 53% at venture capital firms. The rate of women in investment teams is much smaller, as low as 10% at hedge funds. The board of directors for an average alternative assets fund, meanwhile, only comprises 5% female members.
view the PREQIN SPECIAL REPORT:-WOMEN IN ALTERNATIVE ASSETS OCTOBER 2017
Source: Preqin
BlackRock assets on cusp of hitting record $6tn
October 11, 2017--Nearly $1.5bn a day is flowing into mainly passive funds run by giant asset manager.
Source: FT.com
Is BlackRock the Amazon.com of Investing?
October 11, 2017--BlackRock Inc. just rocked. Sort of.
The world's biggest asset manager reported Wednesday morning that its third quarter earnings rose 10 percent, solidly beating expectations for the first time in three quarters.
Source: Bloomberg
Bitcoin races to new record peak, shaking off September stumble
October 11, 2017--Bitcoin on Thursday roared to a fresh all time high, with traders shrugging off a bout of regulatory worries that sent it tumbling last month.
Source: FT.com
IOSCO analyzes other CRA products used to make investment and credit-related decisions
October 11, 2017--The Board of the International Organization of Securities Commissions (IOSCO) today published a report titled Other CRA Products (OCPs), which provides market participants with a better understanding of certain non-traditional products and services offered by credit rating agencies (CRAs).
These non-traditional products may include, for example, private ratings, confidential ratings, expected ratings, indicative ratings, prospective ratings, provisional ratings, preliminary ratings, one-time ratings, regional ratings, national ratings, point-in-time ratings, scoring, credit default swap spreads, bond indexes, portfolio assessment tools, credit assessments, rating assessments, assessments, fund ratings, data feeds, research or other tools.
view the IOSCO OTHER CRA PRODUCTS Final Report
Source: IOSCO
IMF Fiscal Monitor: Tackling Inequality, October 2017
October 11, 2017--Rising inequality and slow economic growth in many countries have focused attention on policies to support inclusive growth. While some inequality is inevitable in a market-based economic system, excessive inequality can erode social cohesion, lead to political polarization, and ultimately lower economic growth.
This Fiscal Monitor discusses how fiscal policies can help achieve redistributive objectives. It focuses on three salient policy debates: tax rates at the top of the income distribution, the introduction of a universal basic income, and the role of public spending on education and health.
Source: IMF
