Global ETF News Older than One Year
GoldMint Custody Bot Will Automate Putting Gold on Blockchain
August 22, 2017--Gold is thought to be the only real money by many. It has been a time-tested hedge against inflation and a store of value.
A large problem for gold investors though has been the storage, transmission and trading of the precious metal.
Harnessing the power of the Blockchain now makes it possible to replicate the reliability of gold but take it to the next level.
Source: cointelegraph.com
World Economic Forum-Big Tech, Not Fintech, Causing Greatest Disruption to Banking and Insurance Markets
August 22, 2017--Fintech start-ups have fallen short of their ambitions to upend the competitive landscape in finance, driving innovation but failing to capture large market share, a new World Economic Forum report finds.
The competitive landscape in banking and insurance is being shaped increasingly by large technology firms supplying critical technology to the sector, opening the door to direct competition at a later stage
Meanwhile, regulatory approaches to financial innovation are diverging in the US, Europe and Asia, potentially jeopardizing the likelihood of a concerted global response in a future financial crisis.
Financial institutions' drive to become more "experience-driven" is opening the door to potential competition from global technology giants, according to a report published today by the World Economic Forum.
view the Beyond Fintech: A Pragmatic Assessment Of Disruptive Potential In Financial Services report
Source: WEF (World Economic Forum)
BIS Working paper-The Distance Effect in Banking and Trade
August 21, 2017--The empirical gravity literature finds geographical distance to be a large and growing obstacle to trade, contradicting the popular notion that globalization heralds "the end of geography". This distance puzzle disappears, however, when measuring the effect of cross-border distance relative to that of domestic distance (Yotov, 2012).
We uncover the same result for banking when comparing cross-border positions with domestic credit, using the most extensive dataset on global bank linkages between countries. The role of distance remains substantial for trade as well as for banking where transport cost is immaterial- pointing to the role of information frictions as a common driver. A second contribution is to show that the forces of globalization are also evident in other, less prominent, parts of the gravity framework.
view the BIS Working paper-The Distance Effect in Banking and Trade
Source: BIS
Visualizing the Massive $15.7 Trillion Impact of AI
August 21, 2017--For the people most immersed in the tech sector, it's hard to think of a more controversial topic than the ultimate impact of artificial intelligence (AI) on society.
By eventually empowering machines with a level of superintelligence, there are many different possible outcomes ranging from Kurzweil's technological singularity to the more dire predictions popularized by Elon Musk.
Source: visualcapitalist.com
Global dividends forecast to hit record $1.2trn in 2017
August 21, 2017--Global dividends hit an all-time quarterly high in the second quarter of this year, with Belgium, the Netherlands and Switzerland all posting new records, according to Janus Henderson.
The asset manager raised its forecast for 2017 to a record $1.208trn (€1.06trn), up by $50bn since its preliminary forecast in January...
Source: IP&E
ETF Securities Weekly Flows Analysis-Investors sold gold as geopolitical tensions abate
August 21, 2017--Investors reduced gold holdings as geopolitical tensions abate.
President Trump's unclear commitment to pro-growth policies weaken the US dollar.
Oil ETPs saw outflows continue for fifth consecutive week.
Investors take profits on strong year-to -date emerging market local bonds performance.
We saw US$107mn of outflows from our gold ETPs as geopolitical tensions eased. US July retail sales and the Empire Manufacturing Index for August surprised to the upside and resulted in a strengthening of the US dollar and rising US bond yields last week, while putting downward pressures on the gold.
Source: etfsecurities.com
'ETF 20/20': Exchange Traded Fund Monthly Report-August 2017
August 21, 2017--Key Highlights
Our monthly 'ETF 20/20' report briefly summarizes recent Exchange Traded Fund (ETF) trends globally. It uses data from the First Bridge ETF database that includes all global ETPs.
Global ETF assets grew by 3.1% in July 2017 to $4.338T.
FTSE Russell and S&P Dow Jones made a significant change to the criteria for including new stocks in their widely followed headline indices.
FTSE Russell will require developed market constituents to have greater than 5% of their voting stock in the hands of unrestricted shareholders.
S&P Dow Jones announced that it would no longer include companies with multiple share classes in its S&P 1500 indices (including the S&P 500). Existing S&P 1500 index components are 'grandfathered' in and are not impacted.
In August 2017 the Indian government announced the launch of the 'Bharat 22' ETF. It is the second time the Indian government has used the ETF structure as a divestment mechanism.
There were just over 85 new listings globally in July 2017.
Gold ('GLD') was the best performing of 6 ETFs representing the major asset classes in the trailing 1 month through August 18, 2017.
<>a href="http://firstbridgedata.com/risk_report/ETF_Landscape_August_2017.pdf" TARGET="_blank">view more
Source: First Bridge Data
IMF-Chart of the Week: House of Cards
August 21, 2017--In some countries, owning a home is a rite of passage: a symbol of a stable life and a sound investment.
However young adults in the United Kingdom, United States, and Europe have experienced declining home ownership rates.
Source: IMF
Bitcoin Analysts Compete for the Highest Price Forecast
August 21, 2017--Bank of America, Goldman, Morgan Stanley paying more attention
Cryptocurrency has surged since development hurdle overcome
Even the skeptics can't avoid weighing in on bitcoin.
It seems like everyone is coming up with a price forecast these days, with some of the biggest banks including Goldman Sachs Group Inc. jumping into the action, while speculators to long-time investors are also making their bets.
Source: Bloomberg
The rise of robot currency traders
August 21, 2017--In May 2017, the Bank for International Settlements and the world's heaviest hitting central banks produced the Definitive Guide to Acceptable Behaviour for Traders in what was as soon as thought of the Wild West of monetary markets-currencies.
But are there any people, significantly skilled people, left on this enterprise? A market that is price $5.1 trillion a day.
Source: forexrepository.com
