ETF Securities Weekly Flows Analysis-Crude rally leads investors to take profit
July 31, 2017--The 6% rise in
crude oil over the last week has led to investors taking profits with outflows of US$53m
Selling long positions and buying short positions in EUR
against the USD has been a continued trend.
Precious metals saw minor inflows of US$19m after a run of outflows
The 6% rise in crude oil over the last week has led to investors taking profits with outflows of US$53m. This year there have been substantial inflows of US$350m into crude oil ETPs as investors trade the upper and lower end of the established US$40-55 trading range. Oil has been volatile, proving very sensitive to news on inventories in the US.
Source: etfsecurities.com
ULTUMUS-Global ETF Monitor
July 31, 2017--Asia
South Korean issuer NH Investment & Securities will be listing a new American IT tracker in South Korea (550041). At present, there is little English language material available on 550041. What is available suggests it will track American tech giants through a Singaporean index, the SGX U.S. Technology Enterprises Index. 550041 will charge 1.20%...
Taishin Securities, the ETF arm of the Taiwanese banking major Taishin International Bank, will be listing three new ETFs in Taipai in August...
Europe
iShares is listing a Euro denominated version of its US floating rate bond ETF in London (FLOE). FLOE will track investment-grade floating rate bonds issued by US, Canadian and Australian businesses...
Source: ULTUMUS-Financial Data Management
ETFGI reports assets invested in Active ETFs/ETPs listed globally have increased 30.5 percent in the first half of 2017
July 31, 2017--ETFGI, a leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, reported today that assets invested in active ETFs/ETPs listed globally have increased by 30.5% in the first half of 2017, according to ETFGI's June 2017 global active ETF and ETP industry insights report.
YTD through end of June 2017, active ETF/ETP assets have increased by 30.5% from US$43.46 Bn to reach a new record of US$56.74 Bn.
Source: ETFGI
ETFGI reports assets invested in Smart Beta equity ETFs/ETPs listed globally reached a new record of 592 billion US dollars at the end of the first half of 2017
July 31, 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 reached a new record of US$592 billion at the end of the first half of 2017, according to ETFGI's June 2017 global smart beta equity ETF and ETP industry insights report.
Year to date through end of June 2017, smart beta equity ETF/ETP assets have increased by 14.9% from US$515 Bn to US$592 Bn, with a 5-year CAGR of 31.9%.
Source: ETFGI
JPMorgan develops robot to execute trades Trial shows AI is more efficient than traditional methods of buying and selling
July 31, 2017--JPMorgan will soon be using a first-of-its-kind robot to execute trades across its global equities algorithms business, after a European trial of the bank's new artificial intelligence (AI) programme showed it was much more efficient than traditional methods of buying and selling.
Source: FT.com
The Robotics and Automation Investment Case-ROBO Industry report
July 30, 2017--Robotics & Automation is enabling a technological revolution that will fundamentally change how we work and live. We are moving from an era of industrial automation to the use of advanced robotics across the global economy.
ROBO Global, with unique industry insight, created and maintains the first global index tracking this megatrend. The future is now, learn how ROBO Global defines the universe of robotics and automation for investors.
Source: ROBO Global (R)
DECPG Global Weekly -July 28, 2017
July 28, 2017--TAKING STOCK
U.S. GDP growth picked up in Q2; Federal Reserve kept interest rates unchanged
Euro Area composite PMI declined to a six-month low in July
Japan consumer price inflation held steady in June; manufacturing PMI softened to an 8-month low in July
Crude oil price ticked higher
Ghana cut interest rates, while Nigeria kept rates on hold.
Source: World Bank
IMF-2017 External Sector Report
July 28, 2017--Summary:
Global current account imbalances were broadly unchanged in 2016, with minor shifts adding to the reconfiguration under way since 2013. The fall in commodity prices, uneven cyclical recoveries in systemic economies, and differences in policy responses contributed to the rotation of imbalances.
Current account surpluses of oil-exporting economies, as a group, shifted from large surpluses to small deficits, while deficits in emerging and developing economies narrowed markedly. At the same time, surpluses and deficits in key advanced economies widened. These trends were generally supported by real exchange rate movements.
Source: IMF
State Street Global Advisors reshapes EMEA leadership
July 27, 2017--Cuan Coulter is the new head of State Street Global Advisors' (SSgA) operations in Europe, the Middle East, and Africa (EMEA), IPE has learned.
He will replace Mike Karpik, who is leaving the company, following a transition period over the summer.
Source: IP&E
Renminbi reaches new high for 2017
July 27, 2017--The renminbi has gained further on the dollar in the wake of comments from the US Federal Reserve, pushing the Chinese currency to a new record level for the year to date.
Source: FT.com