World Economic Forum-The Future of Jobs
January 18, 2016--The Fourth Industrial Revolution, which includes developments in previously disjointed fields such as artificial intelligence and machine-learning, robotics, nanotechnology, 3-D printing, and genetics and biotechnology, will cause widespread disruption not only to business models but also to labour markets over the next five years, with enormous change predicted in the skill sets needed to thrive in the new landscape.
This is the finding of a new report, The Future of Jobs, published today by the World Economic Forum.
Source: World Economic Furom (WEF)
Vanguard attracts record cash for fourth year running
January 17, 2016--Investors have entrusted a record amount of new money to Vanguard, the low-cost asset manager, for a fourth successive year, piling pressure on more expensive fund houses to cut fees.
Tumbling oil prices and convulsions in emerging markets made 2015 a difficult year for many asset managers...
Source: FT.com
JPMorgan adds 1,240 fund management staff
January 17, 2016--US bank pushes further into investment industry.
Source: FT.com
State Street Global Advisors-2016 ETF & Investment Outlook
January 17, 2016--Key Points
In 2016, we expect continued low growth, subdued inflation and generally accommodative monetary policy.
Risks are skewed to the downside as fragile markets could quickly turn volatile on a single bad data point or negative news event.
In equities, we favor areas of growth with macro-economic tailwinds such as the Eurozone, Japan, and financial and consumer related sectors in the US.
In fixed income, we favor taking a balanced approach with a mix of interest rate and credit sensitive sectors such as high yield and senior loans.
Source: State Street Global Advisors
Infographic-The World's Most Famous Case of Hyperinflation-Part I & PART II
January 15, 2016--The Great War ended on the 11th hour of November 11th, 1918, when the signed armistice came into effect.
Though this peace would signal the end of the war, it would also help lead to a series of further destruction: this time the destruction of wealth and savings.
The world's most famous hyperinflation event, which took place in Germany from 1921 and 1924, was a financial calamity that led millions of people to have their savings erased.
Source: visualcapitalist.com
More Walls, More Warming, Less Water: A World at Risk in 2016
January 14, 2016--From the environment to international security and the coming Fourth Industrial Revolution, the World Economic Forum's Global Risks Report 2016 finds risks on the rise in 2016.
Evidence is mounting that inter-connections between risks are becoming stronger, for example climate change and involuntary migration or international security, often with major and unpredictable impacts.
view the World Economic Forum's Global Risks Report 2016
Source: World Economic Forum
Revised framework for market risk capital requirements issued by the Basel Committee
January 14, 2016--The Basel Committee on Banking Supervision has today issued the revised minimum capital requirements for market risk as agreed by its oversight body-the Group of Governors and Heads of Supervision (GHOS).
The revised market risk framework is a key component of the Basel Committee's overall efforts to reform global regulatory standards in response to the global financial crisis.
view Minimum capital requirements for market risk (January 2016)
Source: BIS
World Bank-Harnessing the Internet for Development
January 13, 2016--Universal access to the Internet has become a top development priority. Getting there requires affordable, reliable access to fast, "always on" broadband networks, one of the United Nations' Sustainable Development Goals (SDG 9.c).
Finland has recognized access to broadband as a fundamental human right since 2010.[1] In 2011, a key UN commission also declared that broadband access is a basic human right, along with health care, shelter, and food.[2] Affordable Internet access enables progress on some of the toughest development challenges in the world's poorest communities. According to one estimate, increasing the proportion of the world's population that is connected to the Internet to 75% ( reaching 5.6 billion people) would add $2 trillion per year to world GDP and help create 140 million jobs-a lofty goal: today, only about 40% of the world's population (3.2 billion) is connected.[3]
Source: World Bank
Climate change is a threat- and an opportunity- for the private sector
January 13, 2016--As world leaders met at the 21st Session of the Conference of the Parties to United Nations Framework Convention on Climate Change (COP21) in Paris last month to hammer out a deal that would prevent global warming, one thing became clear: the private sector, with its financial clout and penchant for innovation, must play a leading role in the struggle for a greener future.
The private sector was more visible and active in COP 21 than in any of the previous COPs: CEOs from industries as far ranging as cement, to technology and renewables stepped up their efforts to address climate change, making pledges to decrease their carbon footprint, buy more renewable energy and engage in sustainable resource management. Global financial institutions pledged to make hundreds of billions of new investment over the next 15 years in clean energy and energy efficiency.
Source: World Bank
EU opens debate on China market status
January 13, 2016--The EU said it will on Wednesday launch a year of delicate deliberations to decide whether China should be considered a market economy, a long-denied status that would make it harder for Europe to fight off cheap imports.
Communist-ruled China, the world's manufacturing powerhouse, has requested the designation from the European Union as part of a broader campaign to win the cherished status from the World Trade Organization.
Source: EUbusiness