Global ETF News Older than One Year
ETF Securities Weekly Flows Analysis-The Fed minutes boost gold
April 11, 2016--Gold ETPs registered strong inflows after the release of the Federal Reserve (Fed) minutes of the March meeting on Wednesday suggested the chances of a rate hike in the short term were extremely limited.
The larger than expected draw on US crude oil inventory helped maintain flows into oil ETPs steady.
Inflows into broad commodity basket have risen to their highest level since December last year.
Source: etfsecurities.com
Assets invested in ETFs/ETPs listed globally have broken through the 3 trillion US dollars milestone for the second time at the end of Q1 2016, according to ETFGI
April 11, 2016-Assets invested in ETFs/ETPs listed globally have broken through the US$ 3 trillion milestone for the second time at the end of Q1. At the end of May 2015 the assets in ETFs/ETPs listed globally first exceeded the US$ 3 trillion milestone.
During March ETFs/ETPs listed globally gathered US$45.30 in net new assets. This marks the 26th consecutive month of net inflows. The Global ETF/ETP industry had 6,240 ETFs/ETPs, with 12,042 listings, assets of US$3.07 trillion, from 277 providers listed on 64 exchanges in 51 countries, according to preliminary data from ETFGI's March 2016 global ETF and ETP industry insights report.
Active asset managers knocked by shift to passive strategies
April 11, 2016--The deteriorating ability of money managers to beat their indices has led to investors accelerating a shift towards passive strategies such as exchange traded funds, adding to the pressure on actively managed funds to justify their fees.
Equity funds that are actively managed have suffered net outflows of $34.9bn globally this year but stock market ETFs have taken in another $7.6bn, according to research company EPFR, despite the turbulent performance of markets.
,a href="http://www.ft.com/intl/cms/s/0/2e975946-fdbf-11e5-b5f5-070dca6d0a0d.html#axzz464dxvNur" TARGET="_top">view more
Source: FT.com
AdvisorShares Weekly Market Update-This Week in Active ETFs: Heads (Of State) Are Gonna Roll?
April 11, 2016--Macro
Last Monday we mentioned the so called Panama Papers in passing with a stay tuned point of view and sure enough the story has and continues to unfold. The biggest news for now appears
to be the resignation of Iceland's Prime Minister Sigmundur
David Gunnlaugsson after it was discovered/alleged that he
may have had some shady dealings. For his part however, Gunnlaugsson claimed he was just stepping aside for now, and
not because of the Panama Papers.
A bigger domino would be if David Cameron's inclusion in the scandal via an investment he inherited from his father were to lead to his ouster.
It was kind of a quiet week on the economic front and so a quiet week for domestic equities which drifted lower going into the start of the Q1 earnings season in which profits are estimated to decline 7.9%
Source: AdvisorShares
WisdomTree grapples with $5bn outflows
April 10, 2016--The world's most shorted asset manager is struggling to stem outflows from its exchange-traded funds.
Source: Financial News
DECPG Global Weekly-April 8, 2016
April 8, 2016--TAKING STOCK/WEEKLY INSIGHT
U.S. services sector picked up steam in March; weekly jobless claims fell more than expected
Euro Area services sector expanded in March at weakest pace since January 2015
China's reserves rose for the first time in 5 months
India cut policy rate to 5-year low
South Africa's manufacturing sector rebounded
Source: World Bank
Infographic-IMF Growth Forecasts: Missing the Mark So Far
April 8, 2016--Projections on the global economic recovery have been overestimated by most policymakers and institutions for some time now. The International Monetary Fund (IMF) has been no exception to this fallacy.
Whether it is simple error, wishful thinking, or a complex system that is to blame, the economists at the IMF have now missed the mark for five years in a row on their global real GDP growth forecasts. After multiple revisions downward, their most recent January 2016 report finally estimated growth for this year to be a mediocre 3.4%.
BlueStar Israel Equity Update: Relief Rally? Or Something More?
April 7, 2016--Israeli Global Equities, as measured by BIGI(R), rallied strongly in March, rising by 4.99%, significantly outperforming other
Israeli equity benchmarks.
Despite this strength, BIGI(R)underperformed major equity indexes in the U.S., Europe and in emerging markets.
Source: BlueStar
WGC-Market Update: Gold outshines the market in Q1 2016
April 7, 2016--A glittering start to 2016
The gold price staged a spectacular rally in the first quarter of this year, rising by 17% in US dollar terms. This was its best performance in almost three decades, significantly outperforming other major stock, bond and commodity indices.
The rally, in our view, was supported by five key factors:
Ongoing concerns about economic growth and financial stability in emerging markets
A hiatus in the rise of the US dollar
The implementation of negative interest rate policies by leading global central banks
The return of pent up investment demand for gold
Price momentum (i.e. investors following gold's upward trend).
Source: WGC (World Gold Council)
Europe and Central Asia: Growth Struggles in the West, Volatility Increases in the East
April 7, 2016-- The economies of Europe and Central Asia (ECA) continue to face difficult headwinds in an increasingly complex and uncertain global economic environment, with short-term prospects differing substantially across countries, according to a new World Bank report.
Following a contraction of 1.1 percent in 2015, GDP in Eastern Europe and Central Asia (1) is expected to show practically no growth in 2016, implying a downward adjustment of more than one percentage point since late last year. Especially large are the downward adjustments for the South Caucasus (3.3 percentage points), Central Asia (1.6 percentage points) and Russia (1.3 percentage points).
view the World Bank report-The impact of China on Europe and Central Asia
Source: World Bank
