ULTUMUS-Global ETF Monitor-Rise of the Robots-Artificial Intelligence ETFs that track more than the FAANGs
August 16, 2017--The rise of AI always draws strong reactions.
To some, it summons the apocalypse imagined in Terminator, where humanity fails to be modest and is superseded by machines.
To others, it promises a post-work paradise where computers toil while humanity idles, as in Wall-E.
But for ETFs and their issuers the concern is a lot more mundane: how do investors make money from it?
For most asset managers the answer has been simple: invest in the FAANGs (Facebook, Amazon, Apple, Netflix, Google)...
Source: ULTUMUS-Financial Data Management
Goldman expands algorithmic corporate bond trading
August 16, 2017--Focus on automating smaller-size trades to cut costs and free up dealers for bigger transactions
Source: FT.com
Emerging-market assets "increasingly influenced" by ETF investors-Citi
August 16, 2017--Investors in exchange-traded funds have garnered increasing sway over emerging-market stocks and bonds, Citigroup said this week, underscoring the swelling importance to global markets of passive instruments.
ETFs that track EM assets now have almost $250bn dollars under management, with $196bn in equities and $48bn in fixed income, according to the US bank's calculations.
Source: FT.com
New York listing for Saudi Aramco will set seal on 'new dawn' in Saudi-US ties-exec
August 15, 2017--It is an exciting but unpredictable time for US-Saudi Arabia relations, and Edward Burton is at the heart of it.
"I think one can say the reset button has been officially and earnestly pushed by both sides," he said.
Source: arabnews.com
You've heard of Bitcoin, but what about Ethereum?
August 15, 2017--You've just got to grips with Bitcoin-maybe you've even used it. Well, it has a new challenger on the scene that's got the support of some major businesses.
Ethereum is gaining popularity and its value is rising. In June, its currency reached its highest price so far, of $322.28. While this is approximately a tenth of Bitcoin's current value, according to Cryptocompare, some of Ethereum's unique features have got investors excited.
Source: WEF (World Economic Forum)
Gulf boycott of Qatar spreads to banks
August 15, 2017--Companies with business ties to Arab Gulf states have found themselves in an uncomfortable position as a result of a trade boycott of Qatar by four regional Arab states, including Saudi Arabia and the UAE.
Now it appears that global banks are feeling the impact.
Source: FT.com
IOSCO consults on recommendations to improve transparency of corporate bond markets
August 14, 2017--Corporate bond markets are a significant part of the global capital markets and a critical source of financing for economic growth.
Since 2004, various developments have impacted corporate bond markets. These include changes in regulation as well as the market structure; the entrance of new participants; a shift from the traditional dealer-based principal model to an agency based model; and the increasing use of technology. In response to these significant changes, the Board of the International Organization of Securities Commissions (IOSCO) agreed to examine the liquidity of secondary bond markets and published its findings in March 2017.
,a href="http://www.iosco.org/news/pdf/IOSCONEWS472.pdf" TARGET="_blank">view more
Source: IOSCO
Bitcoin holds above record $4000 level
August 14, 2017--Bitcoin's 43 per cent surge in August comes after the currency split in two following an ideological clash and as demand tested inbuilt limits on the ..
Source: FT.com
ETF Securities Weekly Flows Analysis-Investors buy gold as 'fire and fury' envelopes markets
August 14, 2017--Geopolitical tensions see investors look to gold as a safehaven, with 3rd consecutive week of inflows.
Long USD inflows reach the highest level in 18 months, totalling US$27.4mn.
Oil ETP outflows continue for 4th consecutive week on OPEC global market rebalancing doubts.
Platinum group metals outflows begin as palladium gains divorced from fundamentals.
Source: etfsecurities.com
ETFGI reports a record 391.26 billion US dollars in net new assets have been invested in ETFs/ETPs listed globally in the first 7 months of 2017
surpassing the record net new assets gathered in all of 2016
August 14, 2017--ETFGI, a leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, reported today that during the first 7 months of 2017 a record level of US$391.26 Bn in net inflows have been invested in ETFs/ETPs listed globally, which is greater than the record level of US$390.42 Bn in net inflows that were invested in all of 2016.
In July ETFs and ETPs listed globally gathered US$43.48 Bn in net inflows marking 41 consecutive months of net inflows.
Source: ETFGI