Chart: The Robo-Advisor Arms Race
October 21, 2016--Can upstart robo-advisors compete against scale?
It was going to happen sooner or later.
When they launched roughly five years ago, tech-driven companies such as Betterment or Wealthfront had the audacious and laudable goal of taking on the incumbents of the gargantuan wealth management industry.
Source: visualcapitalist.com
World Bank Raises 2017 Oil Price Forecast
October 20, 2016--The World Bank is raising its 2017 forecast for crude oil prices to $55 per barrel from $53 per barrel as members of the Organization of the Petroleum Exporting Countries (OPEC) prepare to limit production after a long period of unrestrained output.
Energy prices, which include oil, natural gas and coal, are projected to jump almost 25 percent overall next year, a larger increase than anticipated in July.
view the World Bank Commodity Markets Outlook
Source: World Bank
Infographic-The Alternative Energy Sources of the Future
October 20, 2016--Despite the hype around the progress of renewable energy, many people don't realize that solar and wind have only made a tiny dent in the energy mix thus far.
The good news is that costs are coming down and many people are starting to adopt green technologies, but there is still a mountain to climb if we want to truly get off of fossil fuels on a large scale.
Source: visualcapitalist.com
ROBO Global Q3 Review
October 20, 2016--SUMMARY
During the quarter, the ROBO Global Robotics & Automation Index celebrated its three-year anniversary.
Since launching the Index, we have witnessed expanding growth rates, continued innovation with decreasing costs, record VC and corporate robotics spending, and increasing investor interest.
Source: roboglobal.com
Middle East, North Africa Region Urged to Stay on Course with Reforms
October 19, 2016--Low oil prices, ongoing conflicts weigh on region's outlook
Oil exporters should continue to adjust to lower oil prices, diversify their economies.
Oil importers need structural reforms to create jobs and inclusive growth
The slump in oil prices and ongoing conflicts continue to weigh on growth prospects of the Middle East, North Africa, Afghanistan and Pakistan, said the IMF in its latest regional assessment.
view the IMF Regional Economic Outlook October 2016-Middle East and Central Asia
Source: IMF
Harmonisation of critical OTC derivatives data elements (other than UTI and UPI)-second batch
October 19, 2016--The Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO) have today published for public comment a consultative report on Harmonisation of critical OTC derivatives data elements (other than UTI and UPI)-second batch.
Source: IOSCO
ETFGI reports assets invested in ETFs/ETPs listed globally reached a new record
October 19, 2016--ETFGI, the leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, today reported assets invested in ETFs/ETPs listed globally reached a new record high US$3.408 trillion at the end of Q3 2016.
Net flows gathered by ETFs/ETPs in September were strong with US$25.19 Bn of net new assets gathered during the month marking the 32nd consecutive month of net inflows, according to preliminary data from ETFGI's September 2016 global ETF and ETP industry insights report.
Source: ETFGI
European banks risk lagging Wall Street in blockchain race
October 19, 2016--The blockchain technology behind bitcoin was designed to do away with banks.
In an ironic reverse, investment banks are now racing to make it work for them-but cash-strapped European players risk falling behind their Wall Street rivals.
Source: Reuters
Eleventh progress report on adoption of Basel III standards published by the Basel Committee
October 19, 2016--The Basel Committee on Banking Supervision has today issued the Eleventh progress report on adoption of the Basel regulatory framework.
This report sets out the adoption status of Basel III standards for each member jurisdiction of the Basel Committee as of end-September 2016. It updates the Committee's previous progress reports which have been published on a semiannual basis since October 2011 under the Committee's Regulatory Consistency Assessment Programme (RCAP).
Source: BIS
Clear Path Analysis Report: The evolution of factor investing
October 18, 2016--A quant heritage
Investors have long followed rules-based approaches to put together investment portfolios.
In fact, quantitative asset management has a heritage of at least eight decades. The merits of a simple, rules-based approach-choosing "value" stocks on the basis of accounting metrics like price to book value or price to earnings ratios-were set out by Benjamin Graham and David Dodd in their seminal book "Security Analysis", published in 1934.
In the 1970s, particularly in the U.S., a new generation of investment analysts started to focus on techniques like momentum trading, statistical arbitrage and portfolio optimization; led by advancements in computer processing, greater access to data and spurred by developments in financial theory.
view The evolution of factor investing report
Source: ftserussell.com