IMF Survey-The Global Economy in 2016
January 4, 2016-Top goal: a sustainable path for global growth
Emerging markets, developing economies face tougher conditions
Geopolitical tensions magnify economic challenges
The global economy in 2015 saw some economies strengthen, while others-particularly emerging and developing economies-were squeezed by plummeting commodity prices and by tightened financial conditions.
The IMF marked some big changes in 2015 as well: the U.S. Congress passed the 2010 quota reform and China's currency, the yuan, was added to the IMF's basket of official currencies.
Source: IMF
11 major global events to follow in 2016
January 4, 2016--From the lifting of the Iran sanctions, to the elections in the United States, here are the major global events that could shape the new year
1. Sanctions on Iran to be lifted: The oil and financial sanctions on Iran are expected to be lifted within the first three months of 2016 and, once they are, many businesses could be affected or could be offered many new opportunities with the Iranian market
2.FIFA's new president: Earlier this year, FIFA president Sepp Blatter was banned from soccer for eight years after he allegedly made a payment of $2.1 million to the head of the governing body of European soccer, UEFA.
3. Asia Infrastructure Investment Bank opens: The China=backed Asian Infrastructure view more
Source: AMEinfo
Nasdaq Maintains New Listings Leadership For U.S. Market In 2015-Highest Number Of U.S. IPO listings And Exchange Listing Transfers For Third Consecutive Year
January 4, 2016--Highest number of U.S. IPO listings and exchange listing transfers for third consecutive year
New Listings In 2015 Include Atlassian, Blue Buffalo, CSX, KraftHeinz, Match Group, PayPal, T-Mobile US And TD Ameritrade.
Nasdaq (Nasdaq:NDAQ) welcomed 275 new listings, including 143 initial public offerings (IPOs) raising $16.6 billion, to the Nasdaq Stock Market in 2015. The IPOs that chose Nasdaq as their listing venue represent 73 percent of IPOs in the U.S. Of the top 100 best performing IPOs of 2015, 74 percent-including 8 of the top 10-listed on Nasdaq.
Source: Nasdaq.com
US ETF Flash Flows-December 2015
January 4, 2016--Bulls. Bears. and Sheep
2015 was the Year of the Sheep according to the Chinese zodiac, but in terms of returns it may have been a wolf in sheep's clothing as the average level of the VIX Index reached levels not seen since 20111.
Major themes such as a potential Grexit, China's economic transition, a strengthening U.S. dollar, the decline in oil prices, and the Federal Reserve’s desire to get off the zero bound at a time when most other central banks are easing policy left investors in a fragile state, concerned that the six year bull market may be ending.
Source: State Street Global Advisors
Global ETF industry grabs record cash in 2015: BlackRock
January 3, 2016--Investors poured $347 billion into exchange-traded funds globally during 2015, fund-manager BlackRock Inc (BLK.N) said on Sunday, setting a new record for the industry.
BlackRock said its own haul of $130 billion in new money also set a record in global flows for its iShares ETF business, surpassing the previous annual record set in 2014, when investors added $103 billion in new money to the funds.
Source: Reuters
2015's best-and worst-selling fund houses
January 3, 2016--Pimco, Franklin Templeton, M&G and Aberdeen are among the worst-selling investment companies of 2015 as the surge of money into cheap passive funds and volatility in emerging markets took their toll on active managers.
Bond fund house Pimco, which was hurt by the acrimonious departure of its founder Bill Gross in 2014, suffered the heaviest outflows of any asset management company last year.
Source: FT.com
Record number of companies launch exchange traded funds
January 3, 2016--A record number of companies entered the exchange traded fund market last year even though the vast majority of existing ETFs have failed to generate profits for fund managers.
Forty-three fund companies launched ETFs, which give investors cheap exposure to markets by passively tracking an index, for the first time in 2015.
Source: FT.com
RPT-Wall St Week Ahead-Investors look to January effect at start of 2016
January 3, 2016--As Wall Street wraps up its flattest year since 2011, investors will have to deal with many of the same issues next year as they attempt to gauge market direction.
While many market participants have a host of worries heading into 2016 that could hurt stocks and keep volatility high, they remain optimistic for gains in 2016 and a strong start to the year could boost that case.
Source: Reuters
Nasdaq makes first share trade using blockchain technology
Market operator has spent millions experimenting with the technology behind Bitcoin
December 31, 2015--The Nasdaq stock exchange has used blockchain to transfer shares for the first time in what the US firm said was "a seminal moment" in the nascent technology.
Nasdaq said its Linq blockchain ledger had issued securities to an unnamed private investor, proving the concept of share trades through a decentralised ledger, and removing the need for a middleman such as a clearing house.
Source: The Telegraph
Exchange dealmaking to focus on new markets
December 30, 2015--Investors are anticipating a new round of dealmaking among some of the world's biggest stock exchanges next year as they look to boost their revenue streams by accessing new markets and products.
Fuelled by buoyant share prices and regulatory amendments, a cadre of new, young chief executives at top bourses are exploring fresh areas for growth including assets traded away from exchanges, such as currency trading, and showing increasing confidence in making deals.
Source: FT.com