Smart beta: 2015 global survey findings from asset owners
October 26, 2015--The results are in for the FTSE Russell 2015 Smart Beta Survey. In 2015 a follow-up to the well-received 2014 survey was conducted to better understand the progression in perceptions and adoption of smart beta globally.
This comprehensive analysis provides greater detail and insight into the growing interested in and adoption of smart beta among asset owners.
Source: Russell
WEF-Millennials Rate Social and Economic Inequality as Top Challenge Globally and Locally
October 25, 2015--Millennials see inequality as the greatest challenge both in their home cities and the world at large
With responses from 125 countries and 285 cities, the Global Shapers Annual Survey 2015 is one of the most geographically diverse surveys of millennials
The respondents are members of the World Economic Forum's Global Shapers Community.
A survey of over 1,000 young people aged between 20 and 30 from around the globe finds that millennials rate social and economic inequality as the top challenge the world faces globally and locally. Asked what sectors will drive growth in their cities in the short term, technology, tourism and government were the top answers. On the question of what they look for in a job, the opportunity to make a difference in society dominated the survey, with 65% of respondents selecting this choice. Ninety-one per cent of respondents indicated that they would be willing to relocate to advance their careers.
view the Global Shapers Annual Survey 2015
Source: World Economic Forum (WEF)
Nasdaq buys Secondmarket as hot companies stay private longer
October 22, 2015--Trading behemoth Nasdaq Inc., is betting that investors' growing interest in privately held companies, like Uber and Airbnb, is more than a passing fad.
Nasdaq's private market unit, which lets people buy and sell shares of privately held companies, has acquired SecondMarket, which does the same thing, the companies announced on Thursday.
Source: USA Today
World Bank Revises Down Forecasts for Oil Prices, Other Key Commodities in 2015 and 2016
October 20, 2015--In its latest commodity update, the World Bank is lowering its 2015 forecast for crude oil prices from $57 per barrel in its July report to $52 per barrel. The revised forecast reflects a further slowing in global economic performance, high current oil inventories, and expectations that Iranian oil exports will rise after the lifting of international sanctions, according to the Bank's new Commodity Markets Outlook, a quarterly update on the state of the international commodity markets.
The Bank's Energy Price Index tumbled 17 percent in the third quarter of 2015 from the previous three-month period, led by a renewed plunge in oil prices prompted by expectations of slower global growth, particularly in China and other emerging markets, abundant supplies, and prospects of higher Iranian exports next year. Energy prices are expected to average 43 percent lower in 2015 than in 2014. For commodities excluding energy, the World Bank reports a 5 percent decline in prices in Q3, and forecasts.
view the World Bank Commodity Markets Outlook-Understanding El Niño
Source: World Bank
Behind the UK-China-EU menage a trois
October 20, 2015--"Let's stick together and make a golden decade for both our countries," said UK Chancellor of the Exchequer George Osborne.
Indeed, the "Osborne Doctrine" preceded President Xi Jinping's UK state visit in September, when the Chancellor visited China and announced the British governmen'’s intention to make the UK China's "best partner in the West."
Source: euobserver.com
Liquidity Rules Make Liquid Assets Less Liquid
October 20, 2015--New liquidity requirements are turning banks into hoarders, according to analysis by Interactive Data Corp.
Research by the data provider found that banks are stockpiling high-quality, liquid assets to comply with new bank liquidity risk-management rules passed after the financial crisis.
Source: Wall Street Journal
Challenges ahead for Islamic finance as crude prices drop
October 20, 2015--The fast-growing Islamic finance industry is facing headwinds from the oil price plunge amid rapid regulatory changes, and lack of integration, Standard and Poor's Ratings Services said on Monday.
"We think Islamic finance growth will drop to single digits in 2016 from between 10 per cent and 15 per cent over the past decade," S&P said in a report. The ratings agency said that such rapid growth had seen the Islamic finance industry exceed an estimated $2 trillion in value.
Source: khaleejtimes.com
World Gold Council-Gold in a multicurrency reserve system
October 20, 2015--For many decades, the US dollar has been the main reserve currency worldwide and it still accounts for more than 50% of international reserves.
However, its share has been gradually declining, while that of other currencies, like the Chinese RMB, has grown, signalling the potential emergence of a multicurrency reserve system.
The Gold in a multicurrency reserve system report examines recent developments in the global macroeconomic landscape and their implications for the international monetary system.
view the Gold in a multicurrency reserve system report
Source: World Gold Council
EY Global ETF Survey 2015-ETFs: a positive force for disruption
October 20, 2015--Our latest global survey of the ETF industry was conducted against a far less stable backdrop than in previous years. So it was striking to find that interviewees remain extremely confident about their prospects for growth.
A weighted average of global responses suggests that respondents expect their businesses to grow by around 18% every year for the next three to five years.
The industry's increasing size is not without its drawbacks. Chief among these is an ever'growing level of external attention.
view the EY Global ETF Survey 2015-ETFs: a positive force for disruption
Source: EY (Ernst & Young Global Limited)
Infographic-Visualizing the Emerging Markets of the Future
October 20, 2015--China's rapid pace of growth is slowing, and no one knows if India can become the next China. So who will lead global economic growth?
Source: visualcapitalist.com