Global ETF News Older than One Year
IOSCO consults on good practices for the termination of investment funds in an effort to increase investor protection
August 18, 2016--The Board of the International Organization of Securities Commissions today published a consultation report on Good Practices for the Termination of Investment Funds, which proposes a set of good practices on the voluntary termination process for investment funds.
IOSCO recognises the importance for investment funds to have termination procedures in place from an investor protection perspective. The decision to terminate an investment fund can have a significant impact on investors in terms of cost or their ability to redeem their holdings in a timely manner during the termination process.
view the consultation report on Good Practices for the Termination of Investment Funds
Source: IOSCO
Analysis: How Do Credit Downgrades Affect Short-Term Government Borrowing?
August 17, 2016--HIGHLIGHTS
As a number of countries have had their credit ratings downgraded to sub-investment status, a new report analyzes the effect of such downgrades on government short-term borrowing costs.
Co-authored by the South Africa Reserve Bank, the study uses a sample of 20 countries that have been rated by the three major credit rating agencies, Fitch, Moody's and Standard and Poor between 1998-2015
Source: World Bank
Reports from CPMI-IOSCO advance regulatory agenda on central counterparties
August 16, 2016--Reports published today by the Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO) are aimed at enhancing the resilience of central counterparties (CCPs), an important move towards completing the regulatory agenda for central clearing laid out after the financial crisis.
view the Resilience and recovery of central counterparties (CCPs): Further guidance on the PFMI
Source: IOSCO
Global Innovation Index 2016: Switzerland, Sweden, UK, U.S., Finland, Singapore Lead; China Joins Top 25
August 15, 2016--China joins the ranks of the world's 25 most-innovative economies, while Switzerland, Sweden, the United Kingdom, the United States of America, Finland and Singapore lead the 2016 rankings in the Global Innovation Index, released today by Cornell University, INSEAD and the World Intellectual Property Organization (WIPO).
China's top-25 entry marks the first time a middle-income country has joined the highly developed economies that have historically dominated the top of the Global Innovation Index (GII) throughout its nine years of surveying the innovative capacity of 100-plus countries across the globe.
view the Global Innovation Index 2016
Source: Global Innovation Index
World Bank plans to sell SDR bonds in China
August 14, 2016--The World Bank is set to sell bonds denominated in the IMF's Special Drawing Rights (SDR) units in China, the first such issuance in three decades.
The Washington-based institution has won approval to issue 2 billion SDR units of bonds in the Chinese interbank market, the country's central bank said in a statement on its Web site.
Source: taipeitimes.com
Silver ETF returning 280% says party not over in yield-less era
August 12, 2016--For investors who missed silver's 46% rally this year, it's not too late to jump in, according to the firm behind the world's best-performing exchange-traded fund.
The main reason for investors piling back in to precious metals this year-low interest rates-isn't going away anytime soon, said Andrew Chanin, chief executive officer of PureFunds, whose junior silver miner ETF has delivered holders a 280% return this year.
Source: MineWeb
BlackRock ETP Landscape: July 2016
August 12, 2016--Global ETPs had the best monthly flows of the year with $55.2bn fueled by U.S. and emerging markets equities and higher-yielding fixed income categories.
U.S. equity inflows reached $32.0bn, the highest since December 2014, with continued strength in dividend-weighted and minimum volatility strategies with $4.8bn and $1.4bn, respectively
Fixed income flows accelerated to $13.9bn driven by investment grade and high yield corporate bonds with $7.0bn combined as investors showed preference for high-yielding categories
Broad EM equity and EM debt funds both set new monthly flow records with $8.2bn and $3.9bn, respectively, as investors favored categories less impacted by Brexit.
Source: BlackRock
Chart: The Largest Companies by Market Cap Over 15 Years
August 12, 2016--The Oil Barons have been replaced by the Whiz Kids of Silicon Valley
The Chart of the Week is a weekly Visual Capitalist feature on Fridays.
By definition, the largest companies by market cap are the most valued by investors in absolute terms.
Source: visualcapitalist.com
FAQs on the Pillar 3 disclosure requirements issued by the Basel Committee
August 12, 2016--The Basel Committee today issued Frequently asked questions (FAQs) on the Basel framework's Pillar 3 disclosure requirements.
The Committee has received a number of questions related to the revised Pillar 3 disclosure requirements published in January 2015.
view the Frequently asked questions on the revised Pillar 3 disclosure requirements
Source: BIS
Flow Traders NV: Flow Traders Reports Strong Second Quarter 2016 Results In Slower Market Conditions
August 12, 2016--Flow Traders N.V. ("Flow Traders" or "the Company") (Euronext: FLOW) today announced its 2Q16 results, with the results showing a quarter-on-quarter improvement in a slower market.
The continued risk-off sentiment in the capital markets translated into declining volumes in equities and increased volumes in the fixed income space. Macro-economic developments, such as Brexit, the FED rate decision as well as the Japan elections impacted investor trading appetite in 2Q16 across the globe.
Source: Flow Traders
