Source appoints six country heads to spearhead increased presence in Europe
January 11, 2016--Source, one of the largest providers of Exchange Traded Funds (ETFs) in Europe, is excited to announce that it is realigning the responsibilities of its coverage team to better service the needs of its investors across Europe.
As Source has continued to invest and expand its business across the Continent, the coverage team has grown dramatically and is now nearly 30 individuals, representing a third of Source's total employees.
Source: Source
Bowie: The Man Who Sold Royalties and Brought Music to Bonds
January 11, 2016--Performer was first to securitize future earnings from songs
'Space Oddity' musician died Sunday from cancer at age 69.
The man behind "The Man Who Sold the World" was the first recording artist to go to Wall Street to tap the future earnings of his music, paving the way for a thriving market for esoteric securities backed by everything from racehorse stud rights to commercial washing machines.
Source: Bloomberg
ETFs/ETPs listed globally have gathered a record 372.0 billion US dollars in net new assets in 2015, according to ETFGI
January 11, 2016--The global ETFs/ETPs industry is celebrating gathering a record level of US$372.0 billion in net new assets in 2015 which represents a 10% increase over the prior record of US$338.3 billion of net new assets gathered in 2014.
December marked the 23rd consecutive month of positive net inflows and was the best month for asset gathering in 2015 with US$55.0 billion in net new assets collected, according to preliminary data from ETFGI's year-end 2015 global ETF and ETP industry insights report.
Source: ETFGI
Infographic-The World's Most Valuable Substances by Weight
January 11, 2016--In the field of economics, the laws of supply and demand state that the price of a product and its available supply to the market are interconnected. For example, if a good such as crude oil is produced in excess, the price will drop accordingly.
However, sometimes substances are nearly impossible to produce in the first place-and that means that it can be extremely difficult for the market to respond to increases in demand. The world's most valuable substances generally fall into this category, and this makes their value per gram very high.
Source: visualcapitalist.com
As China Dumps Treasuries, World Sees No Better Place for Refuge
January 10, 2016--Threat of global turmoil will boost demand for U.S. bonds
State Street, BlackRock see Treasuries support as China slows
It might be easy to conclude China's unprecedented retreat from Treasuries is bad news for America.
Source: Bloomberg
Few commodity traders saw improved liquidity in 2015-poll
Three-quarters say OTC liquidity held steady or fell last year, while 25% saw gains
January 8, 2016--About three-quarters of traders surveyed in a Risk.net poll say liquidity in over-the-counter commodity derivatives markets held steady or declined over the past 12 months, with only about a quarter saying the liquidity picture had improved.
In comments submitted along with the poll, most traders blamed poor liquidity on the exodus of banks from commodity markets and new regulatory regimes such as the US Dodd-Frank Act and the European Market Infrastructure Regulation (Emir).
Source: risk.net
The $6 million bet against emerging markets
January 8, 2016--On a week filled with China concerns and market turmoil, one trader is making a massive bet that it's going to get a lot worse for emerging markets.
"The largest trade in the options market today was in the EEM, the emerging markets ETF," RiskReversal.com's Dan Nathan said Thursday, when one trader bought 100,000 of the June 25-strike puts in EEM for 62 cents per share.
Source: CNBC.com
Infographic-Global Stock Markets Off to Worst Start in History
January 8, 2016--In our review of the economic events of 2015, we noted that the simple turning of a calendar page does not rectify the problems of the previous year.
The first week of trading on major exchanges has made this even more clear.
Source: visualcapitalist.com
Dow has worst four-day start to a year on record
January 7, 2016--The global market freakout of 2016 just got worse.
The latest scare came on Thursday as China's stock market crashed 7% overnight and crude oil plummeted to the lowest level in more than 12 years.
The wave of selling has knocked the Dow down 911 points, or more than 5% so far this year.
Source: CNN
Infographic-The Average Investor Lost 3.1% in 2015
January 7, 2016--Contrarian investors pride themselves in running a different direction than the majority of the pack.
They find opportunities in asset classes that are universally hated by the masses, and try to carve out their own convictions by downplaying popular sentiment.
However, at the end of the day, contrarians will concede that it is nice to know how the investing masses are doing.
Source: visualcapitalist.com