Global ETF News Older than One Year
Bond Market Challenges Boost Demand for Fixed-Income ETFs
May 18, 2015--New Greenwich Report Shows Liquidity Losses and Other Structural Changes Increasing Institutional Use of Bond ETFs
A loss of liquidity in global fixed-income markets and a host of other challenges facing investors has set the stage for what could be significant increases in institutional use of bond ETFs, according to the results of a new study,
Bond Market Challenges Continue to Drive Demand for Fixed-Income ETFs, from Greenwich Associates.
Source: Greenwich Associates
WEF-The Role of Financial Services in Society: Statement in support of macroprudential policies
May 18, 2015--Fifteen CEOs, chairmen and senior executives of large financial institutions in Europe and North America have endorsed a "Statement in support of macro-prudential policies" designed to reduce systemic risk.
The statement was developed and published by the World Economic Forum as part of the Role of Financial Services in Society initiative, and discussed in detail with financial leaders in the private and public sectors during the World Economic Forum Annual Meeting 2015 in Davos-Klosters.
Source: WEF (World Economic Forum)
Markets Are Jumpy Over Coming Leap Second
May 18, 2015--Wall Street's latest worry: Y2K's distant cousin, the leap second.
Traders and exchange officials are prepping for the latest incidence when a seemingly innocuous time change could potentially cause havoc if computer systems aren’t made ready.
Source: Wall Street Journal
North American Institutional Investors to Plough Billions into Europe with a 'Shopping List' Of Infrastructure and Property Projects
May 18, 2015--Europe is now their Number One foreign investment target, followed by Asia and sub-Saharan Africa
The demand for alternative investments is snowballing against the backdrop of a low-interest climate
It could be a lifeline for SMEs-demand for direct lending investment opportunities in Europe is strong
North American institutions are planning long-term investments in foreign infrastructure and are pumping billions of pounds into Europe, a report from Armstrong International reveals today.
Based on a survey of 305 North American institutional investors in the first quarter 2015, it indicates that managing liabilities in a low interest rate environment is proving particularly tough.
Source: mysocialgoodnews.com
LSEG Launches New FTSE Russell Brand
May 18, 2015--New combined global index brand launched today
Important milestone in integration of FTSE and Russell Indexes
Creates true global leader in index benchmarking and analytics
London Stock Exchange Group today announced the launch of 'FTSE Russell', the new integrated name created for the combined businesses of FTSE Group and Russell Indexes. FTSE Russell will now operate as one joint global index business, with a combined sales and product team serving its global customer base.
Source: LSEG
Chinese shares to 'become 20% of portfolios'
May 17, 2015--China's $6tn onshore A-shares market is just two to three years away from being included in the major emerging market indices, Mark Makepeace, chief executive of the FTSE Group, has said.
China's inclusion in global benchmarks would probably herald a huge inflow of capital, as most institutional investors currently have little exposure to the world’s largest emerging market.
Source: FT.com
State Street Global Advisors-Weekly Market Report
May 15, 2015--This Week's Highlights-Economies
Data mostly disappoint in the US. Manufacturing sales jump in Canada. The Bank of England leaves policy unchanged
and strikes a cautious tone on future tightening. GDP growth improves in the eurozone.
Producer price inflation decelerates sharply in Japan. Wage inflation remains very low in Australia. China's central bank cuts rates again. Russia and Greece slip into recession.
Markets
Bond volatility continues. Equities are mixed. USD is down again. Gold and oil are up.
Next Week Previewed
Spotlight
The Bank of Japan likely eases eventually, but perhaps not quite
yet. Housing starts should rise in the US.
Source: spdru.com
DECPG Global Weekly
May 15, 2015--Taking Stock
Eurozone GDP growth saw its best performance in seven quarters. According to flash estimates, Eurozone GDP expanded 0.4 percent (q/q) in Q1 2015, as expected, faster than the 0.3 percent growth in Q4 2014. Growth in
France, Spain and Italy accelerated, offsetting Germany's weak performance.
Separately, Eurozone industrial production rose 1.8 percent (y/y) in March, after February's 1.9 percent increase, led by production increases in the energy sector.
U.S. industrial production fell for the fifth consecutive month in April, while retail sales were unexpectedly flat, and producer prices fell. U.S. industrial production fell by 0.3 percent (m/m), the same as in March. The continued decrease in industrial production was partly due to the sharp drop in oil and gas well drilling. Meanwhile, U.S. retail sales were unchanged in April, following an upwardly revised 1.1 percent (m/m) increase in March. Core retail sales, which exclude autos, gasoline, and building materials, were also flat. Separately, U.S. producer prices unexpectedly decreased in April, after edging up in March.
Source: World Bank
Cybersecurity Costs Climb
May 15, 2015--The threat of cyber-attacks is prompting renewed vigilance by financial institutions, which must face with an escalating number of potential attacks at a time of constrained IT budgets.
"This is a theme that we are very concerned about, not just at DTCC but for the industry-at-large because not only are the types of cyber-threats becoming more sophisticated, but the volume of threats is growing," said Michael Leibrock, managing director and chief systemic risk officer at Depository Trust & Clearing Corp.
Source: Markets Media
World Gold Council-Gold Demand Trends Q1 2015
May 14, 2015--In a generally quiet quarter, global demand dipped 1% to 1,079t. However, the gold market's complex eco-system was well balanced in Q1 2015.
Conditions differed from market to market but at an aggregate level, these differences broadly cancelled out. Growth in India and the US could not prevent a modest downtick in jewellery demand; light inflows into ETFs, the first since 2012, led to growth in investment.
view the Gold Demand Trends Q1 2015 report
view the infographic-GDT Q1 2015
Source: World Gold Council
