Global ETF News Older than One Year
Bullish Trump trade dominates S&L markets in January says Wisdom Tree
February 22,2017--Markets are backing Donald Trump. Investors piled into leveraged long US equities at the expense of short positions in January amidst mounting expectations that President Trump would unveil a series of pro-growth policies following his inauguration, the latest figures from WisdomTree show.
Per trading figures on WisdomTree's Boost range of short and leveraged (S&L) products, this is a sharp reversal from the end of 2016, whereby investors bought short ETPs tracking US equities whilst redeeming long positions.
Source: ftseglobalmarkets.com
Investors Are Charging Into Emerging Market ETFs
February 21, 2017--More than $7 billion has flowed into EM funds in 2017
Buyers attracted to sector's strong fundamentals, cheap assets
U.S. President Donald Trump has supported many policies that could harm emerging market economies. But investors are betting that his bark will turn out to be worse than his bite.
Source: Bloomberg
First Bridge-'ETF 20/20'-Global ETF Snapshot Report
February 21, 2017--In our latest monthly report:
There was a record $42.2B of net inflows into ETFs listed in the US in January 2017.
Global ETF assets grew by a robust 3.8% in January 2017 to end the month at $3.723T
The US Department of Labor is expected to seek a 180 day delay in the April 10 applicability deadline of the new fiduciary rule.view more
Source: First Bridge Data
Policy Uncertainty Weighs on World Trade
New evidence links policy uncertainties in developed countries to anemic trade in 2016
February 21, 2017--Global trade growth continued to be slow for the fifth consecutive year, with 2016 showing the weakest trade performance since the 2008-2009 global financial crisis.
According to a new paper, preliminary data suggest that world merchandise trade grew by a little more than 1 percent in 2016 compared to 2 percent in 2015 and 2.7 percent in 2014.
view the Trade developments in 2016 : policy uncertainty weighs on world trade
Source: World Bank
New Report Outlines Actions to Leverage Islamic Finance for Development
February 21, 2017--The World Bank Group and the Islamic Development Bank published the first Global Report on Islamic Finance, which details the prospects for the global Islamic finance industry and its potential to help reduce worldwide income inequality, enhance sharing prosperity, and achieve the Sustainable Development Goals.
Subtitled "A Catalyst for Shared Prosperity?", the report provides an overview of trends in Islamic finance, identifies major challenges hindering the industry's growth, and recommends policy interventions to leverage Islamic finance for promoting shared prosperity.
view the Global Report on Islamic Finance : Islamic Finance-A Catalyst for Shared Prosperity?
Source: World Bank
Regulators urged to close share trade loophole
February 21, 2017--Fears that new rule will backfire to promote dark pools instead of public exchanges
Source: FT.com
IMF-Ensuring Financial Stability in Countries with Islamic Banking
February 21, 2017--Islamic banking (IB) continues to grow rapidly, in size and complexity, posing a challenge to supervisory authorities and central banks. While accounting for a small share of global financial assets, IB has established a presence in more than 60 countries and has become systemically important in 14 jurisdictions.
Islamic Finance (IF) principles underpin IB and involve operations, balance sheet structures, and risks that differ from their conventional banking counterparts. The current framework governing IB contains many gaps that need to be closed through the development of a more comprehensive enabling environment that ensures IB financial stability and sound development.
view the IMF-Ensuring Financial Stability in Countries with Islamic Banking policy paper
Source: IMF
R3 set to unveil blockchain for syndicated loan trades
February 21, 2017--Credit Suisse, US Bank and others to showcase results in March; no update on Digital Asset and JP Morgan project.
Banks and technology firms working with blockchain consortium R3 seem to be taking a leaf out of the Steve Jobs playbook for their latest product rollout, shrouding the research project in secrecy so they can unveil the finished article in a theatrical stage show.
Source: Risk.net
ETF Securities Weekly Flows Analysis -Safe havens under the spotlight amid political uncertainties
February 20, 2017--Strong inflows of US$141mn in gold ETPs amid political uncertainties driving market sentiment while improving auto sales triggered inflows in platinum ETPs.
Inflows in robotics themed ETFs in February rose to US$80mn as prices reach new highs every week.
US$22mn inflows in industrial metals ETPs as investors question Indonesia’s plans to relax the ban on ore exports.
Strong inflows into gold ETPs amid political uncertainties driving market sentiment. Gold ETPs recorded US$141mn inflows last week as gold prices rose 1.1% to nearly US$1,242/oz.
IOSCO issues report on Loan Funds-important niche products to fund the real economy
February 20, 2017--The Board of the International Organization of Securities Commissions (IOSCO) today published the report Findings of the Survey on Loan Funds, which describes how the market for Loan Funds has evolved in different jurisdictions and explains how regulators are addressing the risks associated with these funds.
The exercise is part of IOSCO's on-going effort to build a robust, sustainable system of market-based finance.
Loan funds are a unique type of fund that represents a relatively small share of the global fund industry. Though they are different from traditional funds, they are increasingly becoming an important niche product to finance the real economy and are considered an alternative to traditional financial channels.
Source: IOSCO
