Younger investors most willing to pay for financial advice: Cerulli
January 4, 2017--While more investors overall are willing to pay for financial advice today, 79% of those aged 30 to 39 are interested in paying for financial help, according to a recent study
More investors are willing to pay for financial advice today compared to nine years ago when the nation was on the cusp of an economic recession, and a surprising demographic is proving to be the most inclined.
Source: investmentnews.com
Who's Afraid of the Fed? Not Investors in Junk Bond ETFs
January 4, 2017--Inflows into junk-bond exchange-traded funds surged last month, outpacing investment-grade for the first time in 2016.
The flip occurred as the Federal Reserve voted to raise interest rates, threatening the value of the underlying debt.
Source: Bloomberg
CBOE Holdings Reports Trading Volume for December and Full Year 2016
January 4, 2017--CBOE Holdings, Inc. (NASDAQ: CBOE) today reported December and full-year 2016 trading volume and average revenue per contract (RPC) data on its website under the Quotes & Data section.
The data sheet, with a complete overview of 2016 trading volume for CBOE Holdings, including Chicago Board Options Exchange(R) (CBOE(R)), C2 Options Exchange (C2) and CBOE Futures Exchange (CFE(R)), can be found at www.cboe.com/monthlyvolrpc.
Source: CBOE
Investors in ETFs to Hedge Funds Bail on Gold as Equities Rally
December 3, 2017--SPDR Gold withdrawal reaches $2.27 billion, most since 2013
Money managers pare bullish bets to smallest since February.
Investors just keep bailing on gold.
In December, $2.27 billion was pulled out of SPDR Gold Shares, the world's largest exchange-traded fund backed by the metal.
Source: Bloomberg
iShares Leads Global ETF Industry with Record Inflows of $140bn
Growth in 2016 powered by moves into bond, Core and smart beta ETFs
January 3, 2017--BlackRock's outlook for ETFs and Index Investing in 2017
BlackRock, Inc.'s (NYSE:BLK) iShares business led the global ETF industry in 2016, winning a record $140bn in new flows, powered by moves into bond, Core and smart beta ETFs.
Representing 13% organic growth, iShares 2016 flows reflect the global scale, diverse product range and continued innovation of the iShares business.
Source: BlackRock
ETFs globally gather record cash in 2016 -BlackRock
January 3, 2017--Investors funneled $375 billion into exchange-traded funds in 2016, investment manager BlackRock Inc said on Tuesday, a global record that came as investors looked to cut costs.
The total, which is preliminary, compares with $348 billion in 2015 and includes a record $286 billion haul in the United States, home to the funds' biggest market.
Source: Reuters
How to Add a Robo Without Cannibalizing Human Advice: Cerulli
January 3, 2017--The latest Cerulli report raises the questions that traditional advisory firms should answer before embarking on a robo offering
Financial advisory firms that rely heavily on human advisors face multiple challenges when trying to add a robo offering without cannibalizing their existing business.
Source: thinkadvisor.com
Infographic-Bitcoin: The Top Performing Currency For a Second Year in a Row
January 3, 2017--Bitcoin is no stranger to extreme fluctuations.
For each of the last four years, the cryptocurrency has either been the best or the worst performing currency-with nothing to be found in between.
Source: visualcapitalist.com
ETF Securities 2017 Outlook: Investing in a politically volatile landscape
January 3, 2017--Investing in a politically volatile landscape
Uncertainty surrounding the global political landscape and a move towards more populist leaders in the developed world will continue to be a key driver of financial market volatility in 2017.
Now that the US elections are over, investors are likely to shift focus towards Europe, where there are elections in the majority of larger nations and where populists are either leading, or gaining rapidly in the polls. We believe the investment implications should result in an increase in government spending and consequent inflation.
Source: etfsecurities.com
Jain Joins Cantor as President in Post-Deutsche Bank Restart
January 2, 2017--Anshu Jain, the former Deutsche Bank AG co-chief executive officer, is joining Cantor Fitzgerald LP as president, restarting his career at a much smaller firm after leaving Germany's largest bank amid mounting legal and regulatory problems.
Source: Bloomberg