Global ETF News Older than One Year
FSB publishes further guidance on resolution planning and fifth report to the G20 on progress in resolution
August 18, 2016--The Financial Stability Board (FSB) published today two final guidance papers to assist the resolution planning work of authorities and firms, as part of the policy agenda to end "too-big-to-fail":
Guiding Principles on the Temporary Funding Needed to Support the Orderly Resolution of a Global Systemically Important Bank (G-SIB)-The guiding principles seek to address the risk of banks having insufficient liquidity to maintain critical operations during a resolution. They are intended to ensure that temporary funding is available to enable the effective resolution of G-SIBs without bail-out by the public sector. The guidance was issued for public consultation in November 2015 and has been revised in light of the comments received during that consultation.
Source: FSB.com
ETFGI reports assets invested in ETFs/ETPs listed globally reached a new record high of 3.343 trillion US dollars at the end of July 2016
August 18, 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$3.343 trillion at the end of July 2016.
Net flows gathered by ETFs/ETPs in July were strong with US$52.68 Bn of net new assets gathered during the month marking the 30th consecutive month of net inflows, according to preliminary data from ETFGI's July 2016 global ETF and ETP industry insights report.
Source: ETFGI
Harmonisation of the Unique Product Identifier (UPI)-second consultative report issued by CPMI-IOSCO
August 18, 2016--The Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO) have today published for public comment a second consultative report on Harmonisation of the Unique Product Identifier (UPI).
view the Harmonisation of the Unique Product Identifier-second consultative report
Source: BIS
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
