Global ETF News Older than One Year
SSgA-ETF Snapshot-October 2015
November 27, 2015--State Street Global Advisors Highlights, October 2015
Global equity indices had very strong returns in the month of October. The S&P 500(R)led the equity group with a positive return of 8.4% and MSCI EAFE was close behind with 7.8% for the month. MSCI EM and ACWI IMI both had positive returns greater than 7.0% for October.
Fixed income indices were relatively flat except for the Barclays US high yield corporate bond index which returned 2.8% for the month of October. The Barclays US aggregate and global aggregate had returns of 0.02% and 0.2%, respectively.
The Dow Jones US Select REIT index also had positive performance in October returning just under 6.0%.
Global ETF Listing Region In equities, US funds were the clear leader of investor inflow with just under $10.0BN across the market cap spectrum of equity ETFs. European and emerging market equity ETFs also had very strong inflow in October with $3.5BN and $2.8BN, respectively. Natural resources had close to $4.5BN of inflow this month which has made the sector positive for the year. Year to date, equities as a global asset class has taken in almost $191.0BN of inflows. Fixed income ETFs had net inflows this month with the majority of assets moving into US fixed income. US had inflows of nearly $7.0BN and high yield was in favor within the asset class with $5.8 BN coming in for the month. Commodity ETFs had net inflows in October after a strong September. As an asset class, commodities saw almost $798MM in inflow with the majority of inflow directed toward energy commodity ETFs.
Source: State Street Global Advisors
Infographic-Black Swan Risks Heading into 2016
November 27, 2015--SocGen's latest evaluation still sees steep downside risk to market
The Chart of the Week is a weekly Visual Capitalist feature on Fridays. Société Générale has come out with their most recent list of what the bank considers to be potential "black swans" to the market.
Source: visualcapitalist.com
ESMA and SFC to exchange information on derivative contracts held in trade repositories
November 26, 2015--The European Securities and Markets Authority (ESMA) and the Securities and Futures Commission (SFC) of Hong Kong have concluded a Memorandum of Understanding (MoU) that will allow the exchange of information on derivative contracts held in trade repositories.
This MoU allows ESMA and SFC to have indirect access to trade repositories established in the European Union and Hong Kong respectively. It became effective on 19 November 2015.
Source: ESMA
The Canadian Securities Exchange Signs Memorandum of Understanding with Taipei Exchange
November 26, 2015--The Canadian Securities Exchange (CSE) announced today that it has entered into a Memorandum of Understanding (MOU) with the Taipei Exchange (TPEx).
The agreement is designed to further development of securities markets in Canada and Taiwan, encourage the sharing of information, and foster new opportunities for the exchanges and their respective issuers. The MOU was signed on Wednesday, November 25, at the Taipei Exchange.
Source: Canadian Securities Exchange (CSE)
Infographic-Mapped: The World's Fastest Growing Cities
November 26, 2015--The single most important demographic trend over the last century has been the rapid urbanization of the world. Just as recently as 1950, less than 30% of the total population lived in cities.
By the year 2030? It is expected that 60% of the world will be urbanized.
Source:visualcapitalist.com
State Street Global Advisors-Weekly Market Report
November 25, 2015--This Week's Highlights
Economies
Economic growth is revised higher in the US. Manufacturing improves slightly in the eurozone. Consumer confidence holds up in France. Producer price inflation remains benign in Japan.
Markets
Stocks end little changed. Bond yields slip slightly ahead of likely ECB easing. The dollar moves slightly higher against Europe. Oil bounces. Gold continues to head lower.
Next Week's Highlights
Spotlight
The ECB may expand its QE program but the Bank of Canada and the Reserve Bank of Australia will stand pat. The economic expansion should continue in the UK. Q3 GDP growth will
improve in Canada but may soften in Australia.
Source: spdru.com
Good vibrations: The seismology of market volatility White paper: Volatility forecasts for DAX, EURO STOXX 50 and Euro-Bund futures
November 25, 2015--The value of forecasting volatility
Volatility is key to both alpha generation and trading performance measurement and is a crucial input for trading algorithms and risk methodologies.
The capacity to forecast size and direction of volatility is therefore enormously valuable. Deutsche Börse's new analytic, the > Intraday Volatility Forecast, aims to forecast the volatility for the DAX, EURO STOXX 50 and Euro-Bund futures.
Source: Deutsche Börse
Smart Beta equity ETFs/ETPs listed globally have gathered 53.7 billion US dollars in net new assets in the first 10 months of 2015, according to ETFGI
November 25, 2015 Smart Beta equity ETFs/ETPs listed globally gathered US$ 3.0 billion in new assets in October and US$ 53.7 billion in the first 10 months of 2015.
There were 764 smart beta equity ETFs/ETPs, with 1,336 listings, assets of US$399 Bn, from 106 providers listed on 31 exchanges in 27 countries, according to ETFGI's new report the Global Smart Beta ETF and ETP Insights report for October 2015.
Source: ETFGI
OFR-Safe Assets as Commodity Money
November 25, 2015--This paper examines the systemic implications of the supply of liquid safe assets, such as Treasury bills. The paper explores how liquid safe assets facilitate the trades of risky assets.
The paper finds that financial markets may be remarkably resilient to changes in the stock of liquid assets. (Working Paper no. 2015-23)
view the Safe Assets as Commodity Money working paper
Source: OFR (Office of Financial Research)
OFR-Safe Assets as Commodity Money
November 25, 2015--This paper examines the systemic implications of the supply of liquid safe assets, such as Treasury bills. The paper explores how liquid safe assets facilitate the trades of risky assets.
The paper finds that financial markets may be remarkably resilient to changes in the stock of liquid assets. (Working Paper no. 2015-23)
view the Safe Assets as Commodity Money working paper
Source: OFR (Office of Financial Research)
