ULTUMUS-Feminist Canadian ETF-Ahoy Me Hearties
September 19, 2017--Canada gets feminist and anti-hacker ETFs
It's a big day of listings in Canada, the biggest we've seen at the Daily ETF Monitor in some months.
Canadian issuer Evolve is bringing gender diversity (HERS) and cyber security ETFs (CYBR) to the land of moose and maple syrup.
CYBR will track a Solactive index of cyber security. HERS will track companies that have "demonstrated a commitment to gender diversity as part of their corporate responsibility strategy," says the index factsheet. Both ETFs charge 0.55%...
Cyber security and gender diversity ETFs already exist in the US and Japan. In a result that may disappoint but not surprise feminists, cyber security ETFs have proved the more popular of the two. HACK, the American cyber security tracker by ETF Managers Group, has collected more than $1.1bn since its launch in 2015...
Toronto-based First Asset is listing a new actively managed ETF, the First Asset Cambridge Global Dividend ETF (FCW)...
USA
A truly global ETF
Virtus ETF solutions has listed a new actively managed ETF on NYSE that will try to beat global equity markets while managing risk. The Global Factor Opportunities ETF (VGFO) will invest in companies from at least three different countries at once...
Korea
Another new leveraged oil ETN
Korea has many leveraged oil ETNs, but Samsung is set to list another. The Samsung Inverse 2X WTI Crude Oil Futures ETN (530036) will give double the inverse performance of the spot price of WTI crude oil and further enable speculators to gamble on oil prices....
Source: ULTUMUS-Financial Data Management
The Eurekahedge Report-September 2017
September 19, 2017--Hedge funds were up 5.12% year-to-date, registering performance-based gains of US$58.5 billion while seeing net asset inflows of US$81.9 billion as of 2017 year-to-date. Total hedge fund assets grew by US$140.45 billion over the past eight months with the industry's total assets currently standing at US$2.37 trillion.
In what is turning out to be the best year in terms of investor allocations since 2013, arbitrage, long/short equities and CTA/managed future strategies led in terms of net flows attracting with US$14.6 billion, US$13.7 billion and US$12.6 billion respectively as of 2017 year-to-date.
Source: eurekahedge.com
ETFGI reports assets invested in Smart Beta equity ETFs/ETPs listed globally have increased 18.3% in 2017 to reach a new record of US$630 Bn at the end of August 2017
September 19, 2017--ETFGI,a leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem,reported today that assets invested in Smart Beta equity ETFs/ETPs listed globally have increased 18.3% in the first 8 months of the year,reaching a new record of US$630 Bn at the end of August 2017,according to ETFGI's August 2017 global smart beta equity ETF and ETP industry insights report an annual paid for research subscription service.
Record levels of assets were reached at the end of August for equity smart beta ETFs/ETPs listed globally with US$630.39 Bn, in the United States with US$559.41 Bn, in Europe with US$46.46 Bn, in Canada with US$14.99 Bn and in Asia Pacific (ex-Japan) with US$5.72 Bn.
Source: ETFGI
ETFGI reports assets invested in Active ETFs and ETPs listed globally have increased 40.9 percent in 2017 to reach a new record of 61 billion US dollars at the end of August
September 19, 2017--ETFGI, a leading independent research and consultancy firm on trends in the global ETF and ETP ecosystem, reported today that assets invested in Active ETFs and ETPs listed globally have increase 40.9% in the first 8 months of the year to reach a new record of US$61 Bn at the end of August 2017, according to ETFGI's August 2017 Active ETF and ETP industry insights report an annual paid for research subscription service.
Record levels of assets were reached at the end of August for active ETFs and ETPs listed globally with US$61.10 Bn, US$39.60 Bn in the United States, US$9.51 Bn in Canada, US$8.11 Bn in Europe and US$3.79 Bn in Asia Pacific (ex-Japan).
Source: ETFGI
Hedge funds bet on bright future for metals
September 19, 2017--Hedge fund investment in the metals industry is at its highest since 2011, according to investment data, a sign that investors are hoping to profit from a rise in prices that have spent years in the doldrums.
The investment by hedge funds follows a broader inflow of money into industrial metals, where prices are rising after production cutbacks helped to reduce a supply glut.
Source: Reuters
RI Interview: Mark Wilson, CEO of Aviva Plc, launches the World Benchmarking Alliance for sustainability
September 18, 2017--Aviva chief kicks off one of the world's biggest open-source sustainability data and ranking projects.
Mark Wilson, Chief Executive Officer of Aviva, the London-based global insurer, may not be the most popular man amongst un-enlightened executive peers by the end of this week, but it will be for the good of serious corporate comparison on sustainability.
Source: responsible-investor.com
A.T. Kearney 2017 Global Services Location Index Spotlights Automation as Massive Job Displacer
September 18, 2017--Over the next five years, automation could put a million jobs at risk in four countries. New job creation is at a 1:4 ratio to jobs lost.
A.T. Kearney today released its 2017 Global Services Location IndexTM(GSLI), a study that analyzes and tracks the contours of the offshoring landscape in 55 countries across three major categories: financial attractiveness, people skills and availability, and business environment. The GSLI brings rigor to companies' decisions about where to locate offshore operations and sheds light on their complex and shifting choices, particularly in the business process outsourcing (BPO) arena.
view the A.T. Kearney 2017 Global Services Location IndexTM The Widening Impact of Automation report
Source: A.T. Kearney
Most of the world's countries could run on 100% renewable energy by 2050, says study
September 18, 2017--Worldwide fossil fuel use could end as early as 2050.
By then renewable energy could entirely power the countries that today account for more than 99% of all energy use, according to a new study.
Researchers at Stanford University and other US and European universities have plotted out roadmaps for 139 nations to transition to 100% renewables by 2050.
Source: WEF (World Economic Forum)
Global debt may be understated by $13 trillion: BIS
September 17, 2017--Global debt may be under-reported by around $13 trillion because traditional accounting practices exclude foreign exchange derivatives used to hedge international trade and foreign currency bonds, the BIS said on Sunday.
Bank for International Settlements researchers said it was hard to assess the risk this "missing" debt poses, but that the main worry was a liquidity crunch like the one that seized FX swap and forwards markets during the financial crisis.
Source: Reuters
September 2017 BIS Quarterly Review:Strong outlook with low inflation spurs risk-taking
September 17, 2017--Low inflation despite a stronger economic outlook helped push markets up in recent months and reduced the expected pace of tightening of monetary policy in major economies.
Signs of increased risk-taking have become apparent in a number of areas, including narrow credit spreads, increased carry trade activity and looser bond covenants.
Source: BIS