ETFGI reports assets invested in active ETFs/ETPs listed globally reached a new record high of US$46 billion at the end of January 2017
February 28, 2017--ETFGI, the leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, today reported assets invested in active ETFs/ETPs listed globally reached a new record high of US$46 billion at the end of January 2017, according to data from ETFGI's January 2017 global active ETF and ETP industry insights report.
Record levels of assets were reached at the end of January for active ETFs/ETPs listed globally with US$45.57 Bn, in the United States with US$31.08 Bn, in Canada with US$6.14 Bn, in Asia Pacific (ex-Japan) with US$2.05 Bn and in Japan with US$107 Mn.
Source: ETFGI
ETF Securities Commodity Research: Copper outlook 2017: eighth year of supply deficit
February 28, 2017--Summary
Investor optimism for copper has been buoyed by miner outages representing close to 12% of global capacity.
Copper is likely to enter another year of deficit, but stocks are still elevated and will cap price gains. While capex cuts have been aggressive, it will take time for supply to fall. Projects in pipeline are unlikely to be cancelled.
Source: etfsecurities.com
Distributed ledgers in payment, clearing and settlement carry promise as well as risks
February 27, 2017--Central banks and other authorities should weigh the risks of using blockchain and other distributed ledger technology (DLT) in payment, clearing and settlement against potential cost and efficiency savings offered by the technology, says a report by the Committee on Payments and Market Infrastructures, the global standard setter for payment, clearing and settlement services.
The report, released today, aims to help central banks and other authorities review and analyse the use of DLT in the "financial plumbing" which underpins the smooth operation of financial markets.
view the Distributed ledger technology in payment, clearing and settlement An analytical framework
Source: BIS
Progress checked: buy side still struggling to join up analytics
February 27, 2017--In asset management, the functions of performance measurement, performance attribution, ex post and ex ante risk analysis developed along separate lines and with separate teams, methodologies and systems.
Over time, firms have sought to integrate them to some degree and at various levels. More recently, a combination of factors, including the need for greater consistency across functions, investor demand for more transparency and pressure on IT costs, has been driving the industry towards...
Source: Risk.net
Solactive Launches Solactive US Preferred Share Select Index And Solactive US Preferred Share Select Hedged To CAD Indexv
February 24, 2017--Licensed To BMO Global Asset Management As The Underlying Indices For The BMO US Preferred Share Index ETF (ZUP) And The BMO US Preferred Share Hedged To CAD Index ETF (ZHP).
The Solactive US Preferred Share Select Index and the Solactive US Preferred Share Select Hedged to CAD Index bring to the market a new smart beta approach to investing in US preferred shares.
Source: solactive.com
DECPG Global Weekly-February 24, 2017
February 24, 2017--Taking Stock
U.S. Federal Reserve minutes suggested that the Fed could raise interest rates sooner than expected. The minutes
of the Federal Open Market Committee (FOMC) meeting, held on January 31-February 1, 2017, showed that Federal
Reserve officials discussed the impact of tax cuts, deregulation and higher domestic spending under the new U.S.
administration.
Many FOMC members argued that the Federal Reserve should be ready to raise the federal fund rate should the jobs and inflation data come in consistent with or stronger than current expectations.
Source: World Bank
STOXX changes composition of benchmark indices
February 23, 2017--Results of the first regular quarterly review to be effective Mar. 21, 2016
STOXX Limited, a leading provider of innovative, tradable and global index concepts, today announced the new composition of STOXX Benchmarks and their sub and sector indices, among them the STOXX Europe 600 Index, STOXX North America 600 Index and STOXX Asia/Pacific 600 Index.
Source: STOXX
ETF Securities Investment Insights Solar remains a bright spot for silver demand
February 23, 2017--Key points
Silver demand for solar panels is a growing segment of its industrial demand with record levels expected in 2018.
Economies of scale and falling costs may make economics a key driver for growing US solar market beyond policy.
International solar usage may spur growth amid climate controls and growing energy needs in India and China.
Source: etfsecurities.com
Statement on Variation Margin Implementation
February 23, 2017--The Board of the International Organization of Securities Commissions (IOSCO) acknowledges the challenges facing some market participants working to complete the necessary documentation and processes to be in full compliance with variation margin requirements, which are scheduled to take effect by 1 March 2017 in accordance with minimum standards established by IOSCO and the Basel Committee on Banking Supervision (BCBS) and implemented under domestic laws in various jurisdictions.
While reaffirming its commitment to implementation of the margin requirements by 1 March 2017, the Board believes that relevant IOSCO members, to the extent permitted by their relevant legal and supervisory frameworks, also should consider taking appropriate measures available to them to ensure fair and orderly markets during the introduction and application of such variation margin requirements.
Source: IOSCO
Infographic-The $74 Trillion Global Economy in One Chart
February 22, 2017--The latest GDP numbers from the World Bank were released earlier this month, and today's visualization from HowMuch.net breaks them down to show the relative share of the global economy for each country.
The full circle, known as a Voronoi Diagram, represents the entirety of the $74 trillion global economy in nominal terms. Meanwhile, each country's segment is sized accordingly to their percentage of global GDP output. Continents are also grouped together and sorted by color.
Source: visualcapitalist.com