Global ETF News Older than One Year
Cash holdings rise as investors fear reverse for expensive stocks, bonds: poll
May 29, 2015--Fearful of a looming tumble in stocks and bonds from multi-year highs, global investors have increased the share of safe-haven cash in their portfolios to the highest levels in seven months, while also raising allocation to property.
World stocks hit record highs earlier this month .MIWD00000PUS while Japanese shares trading off the weak yen, are at 15-year peaks. European bourses from Spain to Germany are up 10-20 percent year-to-date, thanks primarily to money-printing operations in Japan and the euro zone.
Source: Reuters
US Lew: Greece Negotiation Delays Raise Risk Of Accident
May 29, 2015--US Treasury Secretary Jack Lew issued a strong appeal to his European counterparts Friday to find a quick solution to the ongoing Greek crisis, warning that failure to do so risked a default or a Greek exit from the Eurozone and possible damage to the global economy.
Speaking at the press conference of the US delegation after the conclusion of the G-7 summit in Dresden, Lew called on both sides of the negotiation table to make concessions.
Source: MNI
Structure Matters: The GDP factor in the emerging markets
May 29, 2015--Interview series: Investment Factors that drive ETF performance
In this interview I am pleased to be speaking to Brendan Ahern, the Chief Investment Officer of Kraneshares.
Index methodologies in emerging markets equities are highly differentiated with meaningful results that are driven by factors that result in varying allocations to countries, market cap size, industries and fiscal policies. We hope that readers appreciate, if only for educational purposes, that exploring alternative allocation methodologies should be constructive for any investor as it leads to a deeper understanding of what drives returns.
Source: Access ETF Solutions
MSCI launches new ESG Ratings Service
May 28, 2015--Index provider MSCI has announced the launch of the MSCI ESG Ratings tool,
aimed at supporting institutional investors' rowing ESG integration, manager reporting, engagement and portfolio monitoring needs.
Source: Investment Europe
BSE derivatives volumes exceed 1 billion contracts on its Deutsche Boerse T7 powered trading platform
May 28, 2015--BSE (formerly Bombay Stock Exchange) and Deutsche Börse today announced that the cumulative volume on BSE's derivatives markets since the launch of its new trading platform BOLT Plus-which is based on Deutsche BBörse's T7 trading technology-has surpassed the 1 billion traded contracts mark.
This milestone underlines BSE's competitive edge in terms of speed, transparency and reliability.
Source: Deutsche Börse
Is China backing the Yuan with gold?
The inconvenient truth about a gold-backed Yuan.
May 27, 2015--Over the last several years, there have been many stories about the rising Chinese economy and an increasing role for the Chinese currency on the world stage.
Some have gone so far as to predict that the Chinese yuan will take over the U.S. dollar as the world's reserve currency.
Source: MineWeb
UPDATE 1-Global lower rate environment harmful to investors-BlackRock CEO
May 27, 2015--Lowering interest rates around the world to boost the global economy has reached a point where it is now "quite harmful" to clients, including pension funds and insurers, BlackRock Inc Chairman and Chief Executive Officer Laurence Fink said on Wednesday.
The "low rate environment is having a profound impact on how they're going to operate," Fink said...
Source: Reuters
DGCX's MoU with Bank of China Seeks to Increase Interaction Be-tween UAE and Chinese Financial Markets.
May 27, 2015--The Dubai Gold & Commodities Exchange (DGCX) today announced the signing of a Memorandum of Understanding (MoU) with the Bank of China (BOC).
The agreement creates a framework for both institutions to work together to enhance interaction and collaboration between the derivatives and financial markets of the UAE and China.
Source: Dubai Gold & Commodities Exchange (DGCX)
Shanghai Stock Exchange, China Financial Futures Exchange and Deutsche Börse agree on joint venture
May 27, 2015--Shanghai Stock Exchange,, China Financial Futures Exchange and Deutsche Börse today agreed on a strategic cooperation to launch a joint venture. It has the objective to develop and to market financial instruments based on Chinese underlyings to international investors outside mainland China.
The venture is designed to support the internationalisation of the Chinese currency; therefore, products will be offered in Renminbi (RMB). The company will be named 'China Europe International Exchange' and will commence market operations in Q4 2015. The initial scope of product development will cover cash market products for market launch.
Source: Deutsche Börse
Six Financial Sector Challenges for Emerging and Developing Economies
May 27, 2015--The relatively weak economic growth outlook, particularly for emerging and developing economies (EMDE), provides an important backdrop for the financial challenges that some of them currently face.
Recently, financial volatility returned because of various concerns in the marketplace-including (just to name a few) shifting expectations of the shape of the Federal Reserve's exit path from ultra-low interest rates and the rapid strengthening of the US dollar; the launch of quantitative easing by the European Central Bank and its impact on inflation expectations and bond markets; low and volatile oil prices; China’s growth slowdown, additional stimulus and financial-sector challenges; the standoff between the new Greek government and its creditors; and continuing geopolitical turmoil.
Source: World Bank
