We are still groping for truth about the financial crisis
September 16, 2016--Eight years after Lehman's collapse, further proof that we do not know what we thought we knew
It has been eight years since Lehman Brothers went bankrupt and still it defines the calendar. For anyone in the financial world, time is divided into Before Lehman, and After Lehman.
Source: FT.com
DECPG Global Weekly
September 16, 2016--TAKING STOCK
WEEKLY INSIGHT-U.S. industrial production shrank, retail sales fell, and producer prices held steady in August
In the Euro Area, inflation was confirmed at 0.2 percent, and industrial production fell
In China, industrial production and retail sales exceeded expectations in August
Sovereign bond yields soared
S&P lowered Rwanda ratings
Risk Indicators used to Assess Uncertainty around Global Growth Forecasts
Since June 2016, the World Bank's global growth forecasts include an assessment of risks around these forecasts, summarized in a fanchart (Global Economic prospects, June 2016). Global growth risks are quantified based on data for three risk factors- equity price futures, term spreads, and average of Brent and WTI crude oil forward prices-because of their tight connection with global growth prospects.
Source: World Bank
BlackRock-ETP Landscape-Global flows ahead of 2015 pace
September 16, 2016--Industry Highlights
GLOBAL ETP FLOWS ACCELERATE AHEAD OF 2015 PACE AS EMERGING MARKETS CLIMB TO RECORD TERRITORY
Global ETPs brought in $39.8bn in August driving year-to-date flows ahead of 2015 pace on strength in emerging markets (EM) and U.S. equities as well as EM debt and investment grade corporate bonds
Broad EM equities gathered $6.2bn and EM debt funds collected $1.9bn with both categories on record year-to-date pace amid a leveling of commodity prices and a weaker U.S. dollar
U.S. equities generated inflows of $16.6bn focused in large caps and with strong flows to dividend-weighted and preferred stock strategies as investors continued to search for income
Source: BlackRock-ETP Research
Asset managers told to hold more capital
September 15, 2016--In the wake of the financial crisis, regulators around the world shone a spotlight on the spare cash banks held on their balance sheets, strengthening capital requirement rules in an attempt to reduce risks.
Source: FT.com
Singapore Tops List of ASEAN Countries on 2016 Logistics Performance Index, Ranked 5th Globally
September 15, 2016-- Progress in logistics performance has slowed for the first time since 2007 for least developed countries, while ASEAN economies displayed a mixed trend, with some countries backsliding in their overall logistics performance and others performing above the regional average, according to the latest edition of the Logistics Performance Index, part of the bi-annual report published by the World Bank Group, "Connecting to Compete 2016: Trade Logistics in the Global Economy."
Top performing countries have remained relatively consistent since 2010, and include dominant players in the supply chain industry. Germany ranked first for the second time in a row, followed by Luxembourg, Sweden, the Netherlands and Singapore.
view the "Connecting to Compete 2016: Trade Logistics in the Global Economy" report
Source: World Bank
Forced Displacement: A Developing World Crisis
September 15, 2016--Rooted in 10 conflicts, majority of refugees have been hosted by 15 countries, says new World Bank report
September 15, 2016-Forced displacement is a crisis centered in developing countries, which host 89 percent of refugees and 99 percent of internally displaced persons, says a new World Bank report.
At its root are the same 10 conflicts which have accounted for the majority of the forcibly displaced every year since 1991, consistently hosted by about 15 countries-also overwhelmingly in the developing world.
Source: World Bank
This Stunning Graphic Shows Earth's Temperature Over 22,000 Years
September 15,2016--Climate change is a touchy subject, and it's something that we only approach with the utmost deliberation and care.
However, as simple or as light-hearted as it appears at first glance, today's infographic actually provides an invaluable amount of context on a subject that is often mired in the ugly details of mathematical models, multipliers, and policy implications.
Source: visualcapitalist.com
Exclusive: Central banks seek global standards in wake of Bangladesh heist
September 15, 2016--The world's major central banks, stung by this year's $81-million heist in Bangladesh, have launched a task force to consider setting broad rules to protect the vast network of cross-border banking from cyber attacks, according to two sources with knowledge of the matter.
The committee of central banks, part of the Bank for International Settlements (BIS) in Basel, Switzerland, set up the task force this summer.
Source: Rueters
DMS-Emerging Markets: Is Thailand's Economy Healing?
September 14, 2016--It has been three months since I last visited Thailand and I really had no intention of writing this article, that was until I received an email from International Living about retiring in that country. No, I have no intention of doing that.
Retirement is not in my vocabulary. But the email mentioned someone by the name of Leo Ellis who retired to Thailand five years ago at the ripe age of 87. He loves it there in Chiang Mai.
Source: Source: Peter Kohli, CEO, DMS Funds
Measure Your Portfolio's Exposure To The Green Economy
September 14, 2016--As climate change, resource depletion and environmental
erosion become more pressing and
ubiquitous risks, their impact on portfolios will increasingly shape investor decisions.
Kevin Bourne, Managing Director of Database Services at global index and data provider FTSE Russell, says, as a result of these risks, legislative change by governments and unilateral action by groups of investors are on the increase.
Source: Responsible Investor