Global ETF News Older than One Year
'Crypto' hedge funds spring up in crowded field
September 26, 2017--Managers lured by soaring value of bitcoin and other cryptocurrencies.
Source: FT.com
WGC-Enhancing the Wealth of Nations: Gold and Sovereign Wealth Funds
September 26, 2017--Sovereign wealth funds, like many other investors, are under pressure to generate returns in a low-yield, low growth environment. Many are expanding into alternative assets to seek growth and income opportunities. Despite this, few sovereign wealth funds have invested in gold due to ongoing misconceptions about gold's performance, financial behaviour, and liquidity.
However, gold has unique qualities that can meet the needs of sovereign wealth funds. It features a long-term pro-growth trajectory without sacrificing its short-term diversification and safe haven characteristics. It has virtually no correlation with funding sources like oil, while continuing to be one of the world's most liquid asset classes.
Source: World Gold Council (WGC)
Global Investor Confidence Declines in September by 2.4 points to 104.4
September 26, 2017--North American Confidence Continues Decline, While European and Asian Confidence Rises
State Street Global ExchangeSM today released the results of the State Street
Investor Confidence Index(R) (ICI) for September 2017.
The Global Investor Confidence Index decreased to 104.4, down 2.4 points from August's revised reading of 106.8. The decline in sentiment was driven by a 6.3 point drop in the North American ICI to 105.6. By contrast, the European ICI rose by 4.7 points to 93.7 along with the 3.7 increase in the Asian ICI to 102.8.
Source: State Street Corporation
New Focus Needed to Raise Global Competitiveness
September 26, 2017--Ten years on from the global financial crisis, economies remain at risk from further shock and are ill-prepared for the next wave of innovation and automation, The Global Competitiveness Report 2017-2018 finds
A decade of data illustrates the importance of balancing flexibility with protection in labour markets and why big hoped-for gains in productivity from innovation have remained elusive.
Switzerland remains the world's most competitive economy, followed by the United States and Singapore.
Ten years on from the global financial crisis, the prospects for a sustained economic recovery remain at risk due to a widespread failure on the part of leaders and policy-makers to put in place reforms necessary to underpin competitiveness and bring about much-needed increases in productivity, according to data from the World Economic Forum’s Global Competitiveness Report 2017-2018, published today.
view the The Global Competitiveness Report 2017-2018
Source: WEF (World Economic Forum)
Cross-border debt issuance the 'norm' by 2025, Aite Group report says
September 25, 2017--T2S to transform European debt issuance, boost demand for European bonds / Eighty percent of respondents expect increased demand for multi-currency CSD services by 2025.
Cross-border debt issuance will be the norm by 2025, according to a report published by global research and advisory firm Aite Group today. The report also indicates that TARGET2-Securities (T2S) will boost demand for European bonds and alter the European issuance landscape while Asia and the U.S. will continue to increase in strategic importance for international investors. The research paper is titled "The Future of Global Debt Issuance: 2025 Outlook" and was commissioned by Clearstream.
view the research paper-The Future of Global Debt Issuance: 2025 Outlook
Source: Deutsche Börse Group
ETF Securities Weekly Flows Analysis- Gold inflows resume as geopolitics take centre stage
September 25, 2017--Gold inflows hit 3-week high as ETP investors seek a haven asset.
Profit-taking in crude oil ETPs continues for third consecutive week.
Industrial metal ETPs see outflows amid falling prices.
Gold inflows rise to a three week high as investors seek a haven asset amid continued sabre-rattling. Although gold prices erased most of its past months gains, inflows into gold ETPs rose to US$39.3mn.
The US Federal Reserve announced the start of its quantitative tightening programme-allowing US$6bn of Treasuries and US$4bn of mortgage-backed-securities to run off its balance sheet in October. The Fed also indicated that it will see-through the relatively tame current inflation readings and potential temporary hurricane related economic weakness and focus on how the tightness in the labour market will increase inflationary pressures.
Source: etfsecurities.com
Central Banks and Govts Are Pro-Blockchain, 80% Consider Centralized Cryptocurrency
September 23, 2017--According to a recent study by the Cambridge Centre for Alternative Finance, central banks around the world are strongly in favor of Blockchain technology.
This, in spite of the recent report by the ECB that Blockchain technology is too immature for widespread use.
According to the study, central banks surveyed indicated that 20 percent of central banks will be using Blockchain technology by 2019, and 40 percent will have active Blockchain applications within a decade.
Source: cointelegraph.com
Global Economic Forecasts: Q3 2017
September 22, 2017--Introduction
The global economy started 2017 strong with real gdp growth gaining momentum and rising to 3.6% in q1 2017. We have maintained our global real
gdp growth forecast at 3.5% for 2017-2018.
Despite standing above the annual 3.2% growth in 2016, the forecast is still considerably below the pre-crisis growth levels.
For advanced and emerging economies, economic activity is forecast to accelerate, reaching 2.0% and 4.7% growth, respectively, in 2017. Emerging markets, however, will remain a principal driver of the global economic growth, accounting for as much as 74% of the world's real gdp expansion, and this share is predicted to surge further up to 79% by 2020.
Source: Euromonitor
DECPG Global Weekly
September 22, 2017--TAKING STOCK
U.S. Federal Reserve kept interest rates unchanged, and announced it would start its balance sheet reduction in October
Euro Area headline inflation rebounded in August; consumer confidence improved in September
Bank of Japan kept policy unchanged; Japan's export growth hit an almost 4-year high in August
EMDEs bond sales reaching record pace in 2017
South Africa inflation rebounded; South African Reserve Bank unexpectedly left policy on hold
Source: World Bank
ULTUMUS-Guggenheim, PowerShares & Mirae
September 21, 2017--USA
More bullets in Guggenheim's round
New York-based issuer Guggenheim has updated its fixed-term junk bond ETF for 2025.
As with every year's product, the Guggenheim BulletShares 2025 High Yield Corporate Bond ETF (BSCR) will track high yielding debts that mature by 2025...
PowerShares late entrance into plain vanilla
PowerShares has listed five new ETFs on Bats under its "PureBeta" sub-brand. They are:
PowerShares PureBeta MSCI USA Portfolio (PBUS)
PowerShares PureBeta MSCI USA Small Cap Portfolio (PBSM)
PowerShares PureBeta FTSE Developed ex-North America Portfolio (PBDM)....
Korea
Covered call ETFs from Mirae
Korean asset manager Mirae Asset Daewoo has listed two new covered call ETFs in Seoul (520022, 520023). Covered call ETFs sell and buy options on securities they hold as a way of making more money for the fund...
Source: ULTUMUS-Financial Data Management
