Global ETF News Older than One Year
Bond ETF volumes surge to record highs
October 11, 2016--Investors pile in more than $100bn this year, a rise of 24 per cent
Investors have piled more than $100bn into bond exchange traded funds so far this year, taking the global total to its highest ever level as fixed income investors adapt to a changing financial ecosystem. view more
Source: FT.com
Harmonisation of critical OTC derivatives data elements (other than UTI and UPI)-second batch, consultative report issued by CPMI-IOSCO
October 11, 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.
The report responds to the G20's agreement in 2009 that all OTC derivatives contracts would be reported to trade repositories (TRs), as part of the G20's commitment to reforming OTC derivatives markets with the aim of improving transparency, mitigating systemic risk and preventing market abuse.
Source: BIS
WGC-Gold ETPs continue to see gains in September
October 11, 2016--At the end of September, total holdings in physically-backed gold exchange-traded products stood at 2,335.6t (75.1 moz), representing a 38.1t month-on-month increase. In value terms, total holdings were worth US$99.3bn, 3% higher than at the end of August.
Once again, flows into North American and European ETPs were positive, with the latter leading the way. European ETPs grew 34.0t to 876.9t (+4%), while holdings in North American ETPs crept up by 6.5t to 1,339.6t (+0.5%). Asian ETPs fell by just under a tonne (-0.9t); while Other ETPs declined by 1.5t, primarily due to outflows from NewGold ETF in South Africa.
Source: World Gold Council (WGC)
Policy paper: Women in Finance Charter
October 11, 2016--On 11 July, HM Treasury announced that 72 firms across the financial services sector have signed the Women in Finance Charter. Together these firms employ over 530,000 people in the UK, with headquarters in the UK, USA, Europe and Asia.
These firms have committed to implement four key industry actions, as recommended in Jayne-Anne Gadhia's review into the representation of women in senior managerial positions in financial services published on 22 March
Source: HM Treasury
Bond ETF volumes surge to record highs
October 10, 2016--Investors have piled more than $100bn into bond exchange traded funds so far this year, taking the global total to its highest ever level as fixed income investors adapt to a changing financial ecosystem.
Source: FT.com
ETFS Outlook September 2016-The unintended consequences of QE
October 10, 2016--The greatest experiment in monetary policy history,quantitative easing (QE), has led to two primary benefits: liquidity and confidence. QE has also led to distortions in the investment world, with bond yields falling into negative territory for the first time in history.
Opinions on monetary policy are deeply polarised; with some investors rushing to safe havens signifying concern over monetary policy effectiveness at a time when equity markets are achieving all-time-highs.
Source: ETF Securities
ETF Securities Weekly Flows Analysis- Investors see GBP bottom despite flash crash
October 10, 2016--Long GBP ETPs record the highest inflows in two years.
Investors maintain faith in
the strength of the US Dollar, with ETP inflows the highest in four weeks.
Profit-taking in crude oil ETPs hits seven-week high as optimism fades over OPEC production cut deal.
Gold ETP inflows continue despite falling prices, as investors question the global economic outlook
Source: ETF Securities
Investors, advisors 'miles apart' in return expectations
October 10, 2016--Study says advisors also fear new regs and some are planning to leave the industry
No matter how well investors may think they understand the markets, and advisors may think they understand their clients, the gap between the two is a Great Divide that must be breached if advisors are to get a handle on clients' actual risk tolerance.
Source: benefitspro.com
Gold Rebounds From Worst Week in Years on ETF Bargain Hunting
October 10, 2016--Holdings of gold-backed ETFs rise to highest level since 2013
Goldman sees buying opportunity at prices below $1,250
Gold futures rebounded from the biggest weekly drop in more than three years as investors jumped into exchange-traded funds backed by the metal, lifting global holdings to the highest since 2013.
Source: Bloomberg
Liquidity Illusion Burns Traders Blindsided by Pound's Crash
October 9, 2016--BofA warns 'phantom liquidity' vanishing in times of stress
Sterling tumbled 6.1% in a matter of minutes on Oct. 7
The inexplicable volatility that roiled the British pound last week came as no surprise to Bank of America Corp., which just days earlier warned that liquidity in the $5.1 trillion-per-day global currency market was far worse than anyone imagined.
Source: Bloomberg
