Global ETF News Older than One Year
The Making of the "Big Four" Banking Oligopoly in One Chart
January 25, 2016--The "Big Four" retail banks in the United States collectively hold 45% of all customer bank deposits for a total of $4.6 trillion.
The fifth biggest retail bank, U.S. Bancorp, is nothing to sneeze at, either. It's got 3,151 banking offices and employs 65,000 people. However, it still pales in comparison with the Big Four, holding only a mere $271 billion in deposits.
Source: visualcapitalist.com
WEF-Internet Fragmentation: An Overview
January 23, 2016--A thriving and open Internet provides the foundation for the fourth industrial revolution. There has been growing concern that the Internet may be in danger of splintering into a series of bordered cyberspace segments endangering its very nature.
World Economic Forum's Global Challenge on the Future of the Internet supported research highlights a number of fault lines that need to be addressed by bringing all stakeholders together.
view the white paper-Internet Fragmentation: An Overview
Source: World Economic Forum
Asset managers should put the client first
January 23, 2016--Paul Smith calls for a professional code of conduct for investment management practitioners
Source: FT.com
Move Over, Bitcoin: China Wants to Issue Its Own Digital Currency
After a love-hate relationship with Bitcoin, China has moved on to pursue its own digital currency
January 22, 2016--China's central bank plans to issue its own digital currency "as soon as possible," according to Xinhua.
The People's Bank of China made the announcement at a conference on digital currency in Beijing.
Source: thediplomat.com
Source has appointed six new country heads as it boosts the service offered to its investors across Europe.
January 22, 2016--Source is one of the largest providers of Exchange Traded Funds (ETFs) in Europe and has grown its coverage team to now nearly 30 individuals, representing a third of Source's total employees.
The new heads are:
David Lake, Managing Director, Head of United Kingdom (main picture above);
Marco Mautone, Managing Director, Head of Switzerland;
Sascha Specketer, Executive Director, Head of Germany & Austria;
Ludovic Djebali, Managing Director, Head of Frabelux;
Source: etf-magazine.com
Deutsche Bank expects huge EUR 6.7 bn net loss in 2015
January 21, 2016--German's largest bank, Deutsche Bank, on Wednesday said it expected an overall loss of 6.7 billion euros ($7.3 billion) for 2015, blamed on litigation costs, write-downs and restructuring charges.
Some of the losses had already been announced earlier in 2015 but the bank reported additional litigation charges of 1.2 billion euros in the fourth quarter.
Source: EUbusiness
International central bank committees release reports on fixed income markets
January 21, 2016--The Committee on the Global Financial System (CGFS) and the Markets Committee today released two reports on the structure and liquidity of fixed income markets.
The CGFS report, Fixed income market liquidity, finds signs of greater fragility, with liquidity conditions being more susceptible to disruptions, such as sudden stops of liquidity in key segments of the market and a deterioration of market depth metrics.
view the CGFS Papers No 55-Fixed income market liquidity
Source: BIS
Infographic-The Periodic Table of Commodity Returns
January 21, 2016--At the beginning of each year, U.S. Global Investors puts out a fantastic visualization called the Periodic Table of Commodity Returns. This year's version has an interactive design that allows users to sort returns by various categories including returns, volatility, and other groupings.
For those keeping score, 2015 was a historically bad year for commodities in almost every regard.
Base Metals: The fact that lead was the best performing commodity with -3.5% returns throughout 2015 is not a good sign. However, compared to its fellow base metals such as copper (-26.1%), zinc (-26.5%), aluminum (-17.8%), and nickel (-41.8%), lead did wonderfully in comparison.
Source: visualcapitalist.com
ETF Securities Commodity Research: Review of 2015 Commodity ETP Flows
January 21, 2015--Bargain hunters drive strong energy ETC inflows defying the oil price slide of 2015
Precious metal ETP outflows cast a shadow in 2015 weighed by the stronger dollar and the indecisiveness of the Fed.
Steady rise of inflows over the course of H2 2015 into diversified basket ETPs underpin hopes of a commodity turnaround 2015 will be remembered as one of the most volatile years for commodities, facing the repercussions of a structural slowdown in Chinarising geopolitical risks and the Volkswagen emissions scandal.
Asset under management
(AUM) in commodity ETPs ended the year lower owing to a significant price impact of -20% and a meagre -1% of flows.
Redemptions in gold ETPs were the largest sector contributor to the decline in AUM. In contrast, energy ETPs continued to accumulate assets, as investor inflows surged by 407%, more than offsetting the energy price decline.
Assets under management 2015
Source: ETF Securities
Commodity flows by sector
Commodity ETP flows during the course of the year were extremely uneven. March, April, June and July experienced outflows of nearly US$2.4bn, while the remaining months saw positive inflows, The second half of the year witnessed a steady rise of inflows into diversified baskets, highlighting investor,s preference for strategic portfolio diversification against a backdrop of multi-year low prices. Outflows were at their heaviest in March 2015, driven mainly by precious metals. Gold in particular,
Source: ETF Securities
WEF-Digital Media and Society: Implications in a Hyperconnected Era
January 20, 2016--The Digital Media and Society report is a main output of The World Economic Forum's The Shaping the Future implications of Digital Media for Society project.
The report explores our changing relationship with media, entertainment, and information, due to digitization and the implications this has on individuals and society.
view the Digital Media and Society Implications in a Hyperconnected Era report
Source: World Economic Forum
