Global ETF News Older than One Year
FTSE Starts Transition To Include China A Shares In Global Benchmarks
May 26, 2015--China could be included in key benchmark in two years
China A shares to have initial weighting of 5 pct in new indexes
Tax, capital mobility, and clearing remain key hurdles
FTSE Russell, one of the world's largest index providers, said it will launch two transitional indexes that include China A shares, paving the way for local Chinese shares to be included in its emerging markets benchmark in two to three years.
Source: CNBC
FSB publishes Thematic Review on Supervisory Frameworks and Approaches for SIBs
May 26, 2015--The Financial Stability Board (FSB) published today a thematic peer review on supervisory frameworks and approaches for systemically important banks (SIBs).
The review, which was conducted in close collaboration with the Basel Committee on Banking Supervision (BCBS), assesses progress towards enhancing supervisory frameworks and approaches for SIBs since the financial crisis, in particular for global systemically important banks (G-SIBs). Increasing supervisory effectiveness is a key pillar of the FSB policy framework for reducing the moral hazard of systemically important financial institutions (SIFIs).
view theThematic Review on Supervisory Frameworks and Approaches for SIBs-Peer Review Report
Source: FSB
ISRA and SC Launch Joint Publication on "Islamic Capital Markets: Principles and Practices"
May 26, 2015--The International Shari'ah Research Academy for Islamic Finance (ISRA) and the Securities Commission Malaysia (SC) today launched a joint publication on "Islamic Capital Markets: Principles and Practices."
The Islamic capital market textbook was launched by the SC Deputy Chief Executive Dato Dr. Nik Ramlah Mahmood at the IFN Asia Forum in Kuala Lumpur on 26 May 2015.
Source: Securities Commission Malaysia
Stoxx Changes Composition Of Benchmark Indices
Results of the second regular quarterly review to be effective Jun. 22, 2015
May 26, 2015--STOXX Limited, the market-moving provider of innovative, tradable and global index concepts, today announced the new composition of STOXX Benchmarks and their sub and sector indices, among them the STOXX Europe 600 Index, STOXX North America 600 Index and STOXX Asia/Pacific 600 Index.
Effective as of the open of European markets on Jun. 22, 2015, the following stocks will be added to and deleted from the STOXX Europe 600 Index and its respective size and sector indices:
Source: STOXX
World Bank-Carbon Pricing Initiatives Valued at Close to US$50 billion
May 26, 2015--New Countries and Regions are Putting a Price on Carbon
The global value of carbon pricing instruments today is estimated at just under US$50 billion, according to Carbon Pricing Watch 2015, a new publication from the World Bank Group and Ecofys.
Emissions trading systems have grown in value from US$32 billion in 2014 to US$34 billion today. That rise is due in part to the addition of the South Korea emissions trading scheme and the expansion of the California and Quebec cap-and-trade programs. Existing carbon tax systems are valued today at around $14 billion, according to the report, released at Carbon Expo today.
Source: World Bank
FTSE to upgrade Palestine Exchange to Frontier market status
May 24, 2015--FTSE group recently informed the PEX of its possible upgrade to frontier market status during the next classification review on September 2015.
Palestine Exchange was informed by a letter from FTSE group that it meets the five qualities of markets criteria, including: regulatory environment, capital controls, clearing & settlement, and market transparency.
Source: Palestine Exchange
Smart beta here to stay, research confirms
May 22, 2015--Smart beta is present in over half of the world's portfolios, with professional investors increasingly combining multiple smart beta strategies, new global research found.
The FTSE Russell Smart Beta: 2015 Global Survey Findings from Asset Owners survey confirmed that 55% of respondents are allocating more than 10% of their portfolios to smart beta strategies.
Source: Financial Standard
DECPG Global Weekly
May 22, 2015--Taking Stock
U.S. Fed minutes downplayed possibility of June rate hike. According to the minutes of the U.S. Federal Reserve's
April 29-30 policy meeting, the Federal Open Market Committee members that thought June could still be the right time for the first rate hike since the financial crisis were outnumbered by members who thought conditions were unlikely to be right by then, following a string of weak economic data released thus far this year.
Meanwhile, new data showed that core inflation rose a larger-than-expected 0.3 percent in April, sending the dollar higher and pushing U.S. government bonds yields up.
Eurozone inflation confirmed at zero in April. Eurozone inflation was zero (y/y) in April, as initially estimated, after falling for four consecutive months. Core inflation, which excludes energy, food, alcohol and tobacco, held steady at 0.6 percent, in line with the earlier flash estimate.
Source: World Bank
WEF-Bringing Space Down to Earth,
May 22, 2015--On April 22, 2015 the World Economic Forum released the report Bringing Space Down to Earth. Space today serves as a critical infrastructure for the world we all live in.
The report Bringing Space Down to Earth, demonstrates how important space is in our daily lives as well as in times of crisis. It also shows why space – and society’s ability to use it – must be protected from natural and man-made hazards.
Source: World Economic Forum (WEF)
State Street Global Advisors-Weekly Market Report
May 22, 2015--This Week's Highlights-Economies
Housing starts rebound in the US. Retail sales rise in Canada. Inflation continues to slow in the UK. ECB signals it will fully implement QE bond purchases. GDP growth accelerates in
Japan. Consumer confidence improves in Australia.
Markets
Risk appetites improve on upbeat activity data and dovish central bank signals. Equities are mostly higher. Yields onG7 government bonds stabilize. USD rises. Oil is range-bound around $65 a barrel.
Next Week Previewed
Spotlight
The Bank of Canada should leave administered rates unchanged. Q1 GDP growth should be revised down in the
US and up in the UK.
Source: spdru.com
