Global ETF News Older than One Year
New report identifies innovative ways to mobilize investment in low-emission, climate-resilient urban infrastructure
Mechanisms to boost large-scale capital for climate action in cities set out in study by Alliance initiated by UN Secretary-General
December 4, 2015--Proven innovative policies and mechanisms are unlocking investment for much-needed climate-smart infrastructure in cities, according to a new report, and need to be scaled up globally.
The State of City Climate Finance report is being launched today by UN Secretary-General Ban Ki-moon and international partners at the Climate Summit for Local Leaders at Paris City Hall, taking place on the margins of the UN Climate Conference in Paris.
view The State of City Climate Finance 2015 report
Source: CCFLA
SPDR Spotlight-Finding Focus in Smart Beta with SPDR ETFs
December 3, 2015-Smart Beta: Factoring in on Specific Objectives
The adoption of smart beta strategies has been one of the most powerful trends in investing as they offer investors a rules based approach to harness specific drivers of risk and return, known as "factors." Many investors are rethinking their core exposures and using smart beta as a way to aim for better risk-adjusted returns in an efficient manner.
Overall, smart beta provides the potential opportunity to capture specific factors that active managers commonly seek exposure to, while preserving the benefits of traditional passive approaches, including transparency, consistency and low cost.
According to a recent survey, 99% of respondents plan to maintain or increase their exposure to smart beta ETFs over the next year.1
Smart beta strategies seek to help investors construct more sophisticated portfolios that can be flexible and conducive to today's macro driven environment. According to a survey, some respondents view smart beta as a form of active management that they can utilize to protect portfolios in down markets or help lower the overall volatility of a portfolio.2 Other top motivations for using smart beta strategies include the potential for increased alpha, income and diversification.
Source: State Street Global Advisors
Hong Kong races past New York to return as top IPO market for first time in four years
With listings from 71 firms raising more than US$30 billion so far this year, city is well on its way to reclaiming the crown it last held in 2011
December 3, 2015--Hong Kong Exchanges and Clearing is on track to beat New York Stock Exchange to return as the top initial public offering (IPO) market this year, for the first time since 2011.
In the first 11 months of the year, Hong Kong had a 15.7 per cent market share of IPO funds worldwide, with 71 companies listing in the city raising a total of US$31.2 billion.
Source: South China Morning Post
CME Group Volume Averaged 13.7 Million Contracts per Day in November 2015, Up 6 Percent from November 2014
December 2, 2015--Eurodollar options average daily volume rose 70 percent
Equity index average daily volume rose 16 percent
Interest rate average daily volume rose 9 percent
CME Group, the world's leading and most diverse derivatives marketplace, today announced that November 2015 volume averaged 13.7 million contracts per day, up 6 percent from November 2014.
Source: CME Group
Merk 2016 Outlook: Markets, Dollar, Gold
December 2, 2015--Up! Buy the dips! What could possibly go wrong? A hell of a lot, actually, so investors might want to take precautions before, rather after, bad things happen to one's portfolio.
We take a stab at where one may find opportunities in 2016. In an early August Merk Insight entitled Coming Out -As a Bear!, we argued rising "risk premia" could create headwinds to the stock market (and other so-called risk assets) for at least eighteen months, if not years.
Source: Merk Investments
Global defaults climb to 6-year peak of $95bn
December 1, 2015--Companies have defaulted on $95bn worth of debt so far this year, with 2015 set to finish with the highest number of worldwide defaults since 2009, according to Standard & Poor's.
The figures are the latest sign financial stress is beginning to rise for corporate borrowers, led by US oil and gas companies.
Source: usagold.com
Russell/Nomura Japan Equity Indexes add
December 1, 2015--The family of Russell/Nomura Indexes, which captures 98% of the float-adjusted market capitalization of the
Japanese equity market, added 14 new firms as part of the annual reconstitution process on December 1,
announced Nomura Securities Co., Ltd. and Russell Investments. The membership list was posted on http://qr.nomuraholdings.com/en/frcnri/index.html.
Source: Russell Investments
Over 60% Of Risk Managers At Financial Services Firms Believe Probability Of A High-Impact Event Has Increased, According To New DTCC Survey
Ongoing concerns over potential cyber attacks driving industry-wide concerns
December 1, 2015-- A new survey on risk trends impacting the financial services industry revealed that 61% of risk managers believe the probability of a high-impact event in the global financial system has increased during the past six months, according to The Depository Trust & Clearing Corporation's (DTCC) latest Systemic Risk Barometer Survey.
The survey found that the threat of a cyber attack is the key driver behind the increased concern among risk managers.
view the Systemic Risk Barometer Results Overview-2015 Q3
Source: DTCC
ERI Scientific Beta announces launch of Quality Multi-Beta family of indices
December 1, 2015--ERI Scientific Beta is pleased to announce the release of a new family of multi smart factor indices that has been added to the www.scientificbeta.com platform as of 12 November, 2015: Quality Multi-Beta Indices.
This release is part of a new version of the platform, further extending ERI Scientific Beta's offering in the area of smart beta indices.
The new multi smart factor indices are an equal-weighted combination of the two factors attributed to "Quality"- Low Investment and High Profitability-and are available in both regular and highly-liquid versions and with or without sector and geographical neutrality.
Source: ERI Scientific Beta
OECD-Further reforms needed to tackle growing risk of pensioner poverty
December 1, 2015--Recent reforms have made pension systems more financially sustainable and pensioners have higher living standards than ever before
But future generations are likely to find their pension entitlements much less generous than today's and many may face a serious risk of pensioner poverty, according to a new OECD report.
Pensions at a Glance 2015 says that about half of OECD countries have taken measures in the past two years to make their systems more affordable in the long term. A third have made efforts to strengthen safety nets and help some vulnerable groups of pensioners.
view the OECD Pensions at a Glance 2015-OECD and G20 indicators
Source: OECD
