ETF inflows slow down during April
May 10, 2016--Investors' appetite for exchange traded funds slowed in April to its slowest pace in more than sixteen months, reflecting economic and political uncertainty.
Just over $10bn in new money was invested with ETFs last month, with fixed income attracting the bulk of inflows, while equities experienced modest support after a strong recovery in March.
Source: FT.com
IOSCO Issues Report on Impact of Storage and Delivery Infrastructure on
May 9, 2016--The Board of the International Organization of Securities Commissions today published The Impact of Storage and Delivery Infrastructure on Commodity Derivatives Market Pricing.
The report sets out the findings and conclusions of the review of the impact of storage infrastructures on the integrity of the price formation process of physically-delivered commodity derivatives contracts traded on regulated exchanges.
Source: IOSCO
Solactive And BlueStar Launch The Israel Economic Exposure Indexes
Unique Pair of Indexes Track Israel's Domestic-focused and Globally-Oriented Companies
May 9, 2016--Solactive AG and BlueStar Indexes today announced the introduction of a pair of indexes designed to reflect the segmentation of the Israeli economy between globally-oriented firms and companies primarily focused on serving the domestic economy.
Collectively the series are known as the Solactive-BlueStar Israel Economic Exposure Indexes.
Source: BlueStar Global Investors LLC
Doing Business 2016-Measuring Regulatory Quality and Efficiency
May 6, 2016--Singapore is first on ease of doing business
Entrepreneurs in 122 economies saw improvements in regulatory framework
Expansion of the areas measured in the dealing with construction permits, getting electricity, registering property and enforcing contracts topics.
The trading across borders topic has been revised to increase its relevance
view the World Bank report-Doing Business 2016-Measuring Regulatory Quality and Efficiency
Source: World Bank
BlackRock ETF Landscape April 2016
May 6, 2016--Summary
APRIL ETP FLOWS FAVOR EMERGING MARKETS AS NON-U.S.
DEVELOPED MARKETS EQUITIES STRUGGLE
Global ETP flows of $11.1bn in April eased from robust March levels, but similar themes persisted, most notably emerging markets and investment grade corporate bonds.
Broad EM equity flows remained strong with $3.1bn in April, establishing the best two month total in over three years, and EM debt contributed an additional $2.1bn
Investment grade corporate bonds generated half of fixed income flows of $8.4bn, though high yield slowed and U.S. and European government bonds experienced further outflows
Source: BlackRock ETP Research
MCB Capital Markets launches India Sovereign Bond ETF
May 5, 2016--World's first Exchange Traded Fund focused on India's sovereign bonds was launched today by the MCB Capital Markets and will be listed in Mauritius, providing global investors access to the Indian government securities.
MCB India Sovereign Bond ETF, a global open-ended scheme, will invest in the most liquid sovereign bonds with a typical maturity between 8 and 13 years.
Source: Economic Times India
Statement of intention by Intercontinental Exchange, Inc. not to make an offer for London Stock Exchange Group plc
May 4, 2016--The Management Board of Deutsche Börse AG has noted that Intercontinental Exchange, Inc. has today released a statement of intention not to make an offer for London Stock Exchange Group plc.
Source: Deutsche Börse AG
World Bank-Climate-Driven Water Scarcity Could Hit Economic Growth by Up to 6 Percent in Some Regions, Says World Bank
May 3, 2016--Water scarcity, exacerbated by climate change, could cost some regions up to 6 percent of their GDP, spur migration, and spark conflict, according to a new World Bank report released today.*
High and Dry: Climate Change, Water and the Economy, says the combined effects of growing populations, rising incomes, and expanding cities will see demand for water rising exponentially, while supply becomes more erratic and uncertain.
view the World Bank report-High and Dry, Climate Change Water, and the Economy
Source: World Bank
Eurex trading statistics April 2016
Eurex Exchange: ADV 6.1 million contracts /ISE: ADV 2.3 million contracts
May 2, 2016--In April 2016, the international derivatives markets of Eurex, part of Deutsche Börse Group, recorded an average daily volume of 8.4 million contracts (April 2015: 8.3 million).
Of those, 6.1 million were Eurex Exchange contracts (April 2015: 5.9 million), and 2.3 million contracts (April 2015: 2.4 million) were traded at the New York based International Securities Exchange (ISE).
Source: Eurex
Investors may have profited from leaked U.S. data: ECB research paper
May 2, 2016--Investors earned millions of dollars in profits from correctly betting on market moves ahead of sensitive U.S. economic data, suggesting leaks of key indicators, a European Central Bank research paper said on Monday.
Studying moves in the case of 21 market-moving indicators between 2008 and 2014, 11 showed some pre-announcement price drift consistent with the announcement surprise, with seven of them indicating substantial moves, the authors said in the paper, which does not necessarily represent the ECB's opinion.
Source: Reuters