New UK listing rule to attract Aramco and beyond
July 17, 2017--Proposed changes to Britain's listing regime are likely to attract a series of state-backed companies to London's stock markets but as Silvia Antonioli reports, the new rules might lower the quality of companies on its stock exchange and hurt minority shareholder.
Source: Zawya.com
ULTUMUS-Global ETF Monitor
July 17, 2017--Europe
iShares has gained an edge in the European market, with the listing of a new low volatility ETF in Germany, the iShares Edge S&P 500 Minimum Volatility UCITS ETF (IS31)..
German banking titan Commerzbank will be launching a new note into Germany on Wednesday
Americas
ProShares has launched three new funds in the US, the ProShares UltraShort S&P500 (SDS), the ProShares Ultra VIX Short-Term Futures ETF (UVXY) and the ProShares VIX Short-Term Futures ETF(VIXY)...
Source has listed a new energy ETF in the United States, SRRCF which tracks the S&P Select Sector Capped 20% (Energy) Net Total Return Index...
Asia
Samsung has listed two new energy trackers in Korea (530033, 530032), which target energy infrastructure. 530033...
Taiwan's ETF market got two funds larger, with Cathay listing two new low volatility ETFs, the 00701 and 00702...
Source: ULTUMUS-Financial Data Management
ETF Securities Weekly Flows Analysis Gold to benefit from a more dovish Fed
July 17, 2017--Gold, platinum and silver ETPs to benefit further from a more dovish Fed.
Industrial metals ETPs saw US$31.5mn of inflows amid growing economic activity in the US and Europe and a potential surge in global infrastructure spending.
Inflows into oil ETPs returned after a one-week break as US oil inventories decline further.
Outflows from long EUR ETPs on high futures positioning and long USD ETPs on Yellen's testimony.
Gold, platinum and silver ETPs to benefit further from a more dovish Fed. Last week saw US$82 mn inflows in precious metals ETPs, led by gold (US$46.8mn), then silver (US$ 23.9mn), platinum (US$6.8mn) and the basket (US$4.1mn).
Source: etfsecurities.com
Global shift into alternative assets gathers pace
July 16, 2017--Investors turn to property, infrastructure, private equity and hedge funds.
Source: FT.com
DECPG Global Weekly-July 14, 2017
July 14, 2017--TAKING STOCK
U.S. producer and consumer price inflation slowed in June; retail sales fell
Euro Area industrial production rose more than expected in May
Japan core machinery orders contracted further in May
China consumer price inflation held steady in June; external trade remained strong
EMDE bond sales rose strongly in the first half of 2017
Source: World Bank
Interactive: Ranking the 20 Most Valued Cryptocurrencies Over Time
July 13, 2017--Many cryptocurrencies have followed Bitcoin, but none have been able to crack its dominance of the digital currency marketplace. The above interactive graphic, by CryptoReach, shows the top 20 cryptocurrencies ranked by market capitalization over the course of the past 2.5 years.
Source: visualcapitalist.com
Listed infrastructure is #fake_infra- EDHEC study shows that listed infrastructure equity offers zero diversification benefits, is not an asset class
July 13, 2017--EDHEC Infrastructure Institute-Singapore (EDHECinfra) shows that the booming listed infrastructure sector is based on a "fallacy of composition."
For the past fifteen years, infrastructure investment has been the preserve of large sophisticated investors but is now rapidly becoming more mainstream and asset owners of all sizes are considering investing in infrastructure. In this context, "listed infrastructure" has grown from a handful to more than one hundred different products in less than a decade, adding up to USD50bn and claiming an investment universe of USD2Tn.
Source: EDHEC Infrastructure Institute-Singapore (EDHECinfra)
Bassanese Bites-US Earnings to the Rescue?
July 13, 2017--Trepidation over the pace of central bank tightening remained the major global market theme last week-and the question of whether central banks tighten policy even if inflation remains below target is shaping up to become an important issue in coming months.
Reflecting these concerns, bond yields pushed higher last week and equity markets continued their nervous consolidation.
Source: betashares.com.au
ULTUMUS-Global ETF Monitor
July 12, 2017--Americas
MSCI may have included Chinese A shares in its indexes but iShares will still give investors the choice. The iShares MSCI Emerging Markets ex-China ETF (EMXC), listed today in the US...
Asia
China Southern Asset Management has listed a new ETF in Shanghai, that tracks the CSI All Share Real Estate Index (512203)...
Europe
BNP Paribas has launched an ETF in Paris that lives up to the hype, the BNP Paribas Easy High Yield Europe Defensive (HYPE)...
Lyxor has listed two new bond tracking ETFs in Italy: the BofAML USD Short Term High Yield Bond EUR Monthly Hedged UCITS ETF (HYSTH) and Lyxor BofAML € Short Term High Yield Bond UCITS ETF (HYS).
UBS has launched two new world ETFs in Switzerland, targeting Japan and Canada...
Source: ULTUMUS-Financial Data Management
ULTUMUS-Global ETF Monitor-BMO has listed 3 new covered call ETFs in London, ICICI Prudential launches low vol ETF
July 11, 2017--Europe
In another sign that covered call ETFs are coming into fashion, BMO has listed three new covered call ETFs in London, which offer investors exposure to American, British and European companies.
Swiss bank UBS has cross-listed an Asian exposure ETF into Germany, the UBS ETFs plc-MSCI AC Asia ex Japan SF UCITS ETF...
India's stock market is known for being highly volatile. But Mumbai-based issuer ICICI Prudential is trying to work around this. To this end, the company has launched a new low volatility ETF, the ICICI Prudential Nifty Low Vol 30 iWIN ETF.
Source: ULTUMUS-Financial Data Management