Global ETF News Older than One Year
World Economic Forum-These are the top 10 emerging technologies of 2016
June 23, 2016--A diverse range of breakthrough technologies, including batteries capable of providing power to whole villages, "socially aware" artificial intelligence and new generation solar panels, could soon be playing a role in tackling the world's most pressing challenges, according to a list published today by the World Economic Forum.
"Technology has a critical role to play in addressing each of the major challenges the world faces, yet it also poses significant economic and social risks. As we enter the Fourth Industrial Revolution, it is vital that we develop shared norms and protocols to ensure that technology serves humanity and contributes to a prosperous and sustainable future," said Jeremy Jurgens, Chief Information and Interaction Officer, Member of the Executive Committee, World Economic Forum.
view the Top 10 Emerging Technologies of 2016
Source: World Economic Forum (WEF)
IOSCO Outlines its Priorities Regarding Data Gaps in the Asset Management Industry
June 22, 2016--The Board of the International Organization of Securities Commissions (IOSCO) today has issued a public statement outlining its priorities regarding data gaps in the asset management industry.
IOSCO considers that more needs to be done to enhance the data collected in this sector and is analysing what data needs should be prioritised. To this end, IOSCO has identified a series of recommendations that will constitute its roadmap in this area. A key priority is to encourage IOSCO members to collect data with a view to better identify systemic risk.
Source: IOSCO
Big Money Managers Must Stop Stampedes
June 22, 2016--Fund managers aren't too big to fail, but that doesn't mean their actions can't have a big impact on the financial system.
Global rule setters decided against treating asset managers like super-large banks or insurers last summer.
Source: Wall Street Journal
Global foreign direct investment reached its highest level since 2008
June 22, 2016--The UNCTAD World Investment Report 2016 says that the global recovery in foreign direct investment (FDI) was strong in 2015, with foreign direct investment flows jumping by 38%.
However, part of the growth in FDI was due to very large corporate reconfigurations by multinational enterprises, including shifting their headquarters for strategic reasons.
WisdomTree Celebrates the 10th Anniversary of its First ETFs
June 22, 2016--A Decade after Offering Alternatives to Cap-Weighted Indexes, WisdomTree Continues to Redefine the ETF Industry through Innovation
WisdomTree Investments, Inc. (NASDAQ:WETF), an exchange-traded fund ("ETF") and exchange-traded product ("ETP") sponsor and asset manager, today announces the 10th anniversary of the launch of its first 20 equity ETFs.
Source:WisdomTree
iShares cuts fees, adds funds to bond suite
June 22, 2016--BlackRock has cut fees on its short-term corporate bond and convertible bond exchange traded funds and rolled out two new high-yield index products as part of its effort to expand adoption of fixed income ETFs among a range of users.
Source: FT.com
Moody's Analytics analysis: Trump presidency would 'significantly' hurt economy
June 20, 2016--Donald Trump's presidency would "significantly" weaken the country, driving the U.S. into a "lengthy recession" with nearly 3.5 million job losses and a 7 percent unemployment rate, according to a Moody's Analytics analysis released Monday.
The analysis examined the presumptive Republican presidential nominee's economic plans at face value, based on interviews, speeches and his campaign website. The authors of the report, however, warned that quantifying the real estate mogul's economic polices "is complicated by their lack of specificity."
view the Moody's analysis-The Macroeconomic Consequences of Mr. Trump's Economic Policies
Source: politico.com
Ethical ETFs ignite enthusiasm
June 16, 2016--Investing ethically via exchange traded funds is booming, with a rise in assets under management of almost 50% in the past 18 months.
Source: Financial News
BIS-Systemically important banks: Basel Committee publishes implementation assessments on frameworks
June 16, 2016--The Basel Committee on Banking Supervision has published today reports assessing the implementation of the Committee's frameworks for global and domestic systemically important banks (G-SIBs and D-SIBs).
The Committee has evaluated the G-SIB and D-SIB frameworks in the five jurisdictions that are currently home to G-SIBs: China, the European Union, Japan, Switzerland and the United State. This is the first assessment to be conducted on a cross-jurisdictional basis, with these five jurisdictions being simultaneously assessed against the Basel framework.
Source: BIS
China's A-Shares Denied MSCI Inclusion-Again
June 15, 2016--China's domestic equities were denied entry into MSCI Inc.'s benchmark indexes for a third time, a setback for President Xi Jinping's efforts to raise the profile of mainland markets and turn the yuan into an international currency.
Policy makers need to make additional improvements to the accessibility of the A share market, according to a statement from the index compiler on Tuesday. MSCI, whose emerging-market index is tracked by investors with $1.5 trillion in assets, said it will reconsider inclusion in its 2017 review, while not ruling out an earlier announcement.
Source: Bloomberg
