Global ETF News Older than One Year
Infographic-Visualizing Chinese Investment in Africa
December 9, 2015--We have said previously that Africa is the new land of opportunity for speculators and investors.
Although there is no shortage of risks, the continent is home to vast amounts of resource wealth, the fastest growing class of millionaires, and even the world’s fastest growing city.
The Chinese must agree that there is great opportunity to be found on the second largest continent. That's why over the last decade, China has increasingly poured billions of dollars of foreign direct investment capital into Africa.
Source: visualcapitalist.com
NSE, LSE join hands to set up trading platform in Gift City
Collaboration includes new product developments, research
November 9, 2015--The National Stock Exchange (NSE) and the London Stock Exchange (LSE) have forged a partnership, which could see the two leading exchanges set up a joint trading platform at Gujarat International Finance Tec-City (Gift City).
The agreement also includes setting up a joint research centre to launch new trading products.
Source: Business Standard
Goldman puts its muscle into tech push
December 9, 2015--If Goldman Sachs had its way, "SETLcoin" could ultimately be as much a part of the financial services lexicon as dollar, euros or yen.
ETFs/ETPs listed globally have gathered a record 319 billion US dollars in net new assets this year as of the end of November 2015, according to ETFGI
December 9, 2015--ETFs/ETPs listed globally have gathered a record US$319.4 billion in net new assets as of the end of November 2015 which is 15% above the record level of US$277.3 billion of net new assets gathered at this point in 2014.
This marks the 22nd consecutive month of positive net inflows. The global ETF/ETP industry had 6,104 ETFs/ETPs, with 11,733 listings, assets of US$3.0 trillion, from 275 providers listed on 63 exchanges in 51 countries at the end of November, according to ETFGI's Global ETF and ETP insights report for November 2015.
Source: ETFGI
Oil falls below $40 a barrel for first time since February 2009
Major supermarkets cut petrol prices as The price of oil has fallen 40pc in the last 12 months as demand weakens
December 8, 2015--Benchmark oil contract Brent North Sea crude dropped under $40 a barrel for the first time in almost seven years amid a general collapse in commodity prices.
Brent North Sea crude for delivery in January slid as low as $39.81 a barrel -the lowest point since February 2009-on a global oil supply glut, weak demand growth and a strong dollar.
Source: The Telegraph
Continuing Slowdown in Emerging Markets Heralds Lengthy Era of Weak Growth
December 8, 2015--As the U.S. Federal Reserve considers an imminent rise in interest rates ahead of 2016, emerging markets face their fifth consecutive year of slowing growth and a possibly longer period of sluggish performance than previously thought, according to a new World Bank Policy Research Note: Slowdown in Emerging Markets: Rough Patch or Prolonged Weakness?
Since 2010, emerging market growth has been buffeted by global headwinds such as weak international trade, slowing capital flows, and slumping commodity prices, external challenges which have compounded domestic problems including blunted productivity and bouts of political uncertainty.
Source: World Bank
Macquarie-ETF Flows-November 2015
December 8, 2015--November saw ETFs add $28b in assets bringing the total asset gathering this year to $303b. DM equities led adding $29 billion amid positive data from the US and a pledge by the ECB to continue to support the economy by all means necessary.
EM equities reversed back to outflows ($2.5) led by China and South Korea. Fixed income ETFs were flat driven by an increased expectation of a Fed liftoff this year. US treasuries shed $4.5b followed by European sovereigns. Another months of net inflows for commodities ETFs driven by a steep fall in crude driving funds into oil ETFs.
US equities ETFs had their best month so far this year. Positive macro data drove $22 billion of new funds mainly to large caps favouring technology and financials.
Source: Macquarie Securities Group
Mifid II research rules will clash with US law, industry warns
December 8, 2015--Ban on 'free' research will harm smaller firms, say banks and asset managers
European Union plans to force asset managers to pay separately for research will cause clashes with US law and put smaller firms at a disadvantage, according to banks and asset managers. The proposed second Markets in Financial Instruments Directive (Mifid II) recommends doing away with the current model, in which asset managers pay for research indirectly through trading commissions and spreads, forcing them to pay for this separately. Market participants say banning the indirect approach will...
Source: risk.net
State Street Global Advisors-2016 ETF & Investment Outlook
December 7, 2015--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.
THE BIG PICTURE
Investing in a "Low and Slow" Growth Environment
Key Takeaways
Our base case for 2016 is that investors should be prepared for more of the "low and slow" growth that has characterized the global economy since the financial crisis. That means in equities, we believe investors should look for pockets of opportunities and growth.
Outside the US, tilting to the Eurozone and Japan where the accommodative and pro-growth macro currents provide the strongest tailwinds is ideal.
For the US, a resilient consumer and a potential Federal Reserve rate hike should continue to support and fuel top and bottom line growth in consumer related and financial sectors.
In fixed income, still-low government bond yields and the desire for protection from potentially rising rates mean investors may have to explore more credit-sensitive sectors including high yield, senior loans and convertibles.
Source: spdru.com
BATS Global Markets Reports Strong Market Share in U.S. and European Equities, U.S. Options; Welcomes Eight New ETFs in November
BATS Markets Executed $106.4 Billion of Notional Value per Day in November
November 7, 2015--BATS Global Markets (BATS) today reported November data and highlights including one of its best months on record for its European Equities business, with 25.3% market share.
In all, the BATS markets executed $106.4 billion of notional value per day in November. For the fourth month in a row, BATS was the largest equities market operator globally handling more than $1.31 trillion notionally.
Source: BATS Global Markets, Inc.
