Global ETF News Older than One Year
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.
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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
Deutsche Boerse incoming CEO banks on Asia
May 13, 2015--Deutsche Böerse's incoming chief executive is banking on Asia boosting the financial market operator's business in the coming years, he said on Wednesday.
"The Asian-Pacific markets offer interesting opportunities," Carsten Kengeter, who worked in China for several years, told shareholders.
Source: Reuters
ETF companies boost bank credit lines amid liquidity concern
May 13, 2015--The biggest providers of exchange-traded funds, which have been funneling billions of investor dollars into some little-traded corners of the bond market, are bolstering bank credit lines for cash to tap in the event of a market meltdown.
Vanguard Group, Guggenheim Investments and First Trust are among U.S. fund companies that have lined up new bank guarantees or expanded ones they already had, recent company filings show.
Source: Reuters
Pricing Talent: Fulfilling People's Potential Could Boost Global GDP by 20%
May 13, 2015--New Human Capital Report finds that a world where "nobody is left behind" remains a distant prospect
First study of its kind measures countries' ability to nurture people's talent through education, skills development and deployment
Finland tops the index, having developed and deployed 86% of its human capital potential
Talent, not capital is the key factor linking innovation, competitiveness and growth in the 21st century
Index is a metric to assess stock of human capital and assess opportunity for intervention
When it comes to developing people's talents and helping them reach their full potential, the concept of a world where no one is left behind remains a distant prospect. This is the case even in rich countries with well-developed educational systems and robust employment, the World Economic Forum's new Human Capital Report reveals today.
view the WEF-The Human Capital Report 2015
Source: World Economic Forum (WEF)
BlackRockETP Landscape: Fixed income drives flows
May 12, 2015--BROAD EM EQUITY, CURRENCY-HEDGED EQUITY AND FIXED INCOME HIGHLIGHT APRIL ETP FLOWS
Global ETP inflows moderated to $6.5bn in April, reflecting renewed momentum for fixed income flows as well as mixed results for equities ever since the U.S.Fed took a more cautious stance during its mid-March meeting
Broad EM equity funds gathered $2.5bn, the first notable inflows since last August, though additional A-shares ETP selling drove China equity outflows of ($7.7bn) with investors shifting focus to less expensive H-shares
Despite a pause in U.S. dollar appreciation, strengthening is expected to resume and currency-hedged equity ETPs accumulated another $11.2bn
Fixed income flows accelerated amid uncertainty over the pace of global economic growth, bringing in $9.9bn spread across U.S. Treasuries and TIPS as well as higher-yielding corporate bonds and EM debt
U.S. equity outflows accelerated to ($15.5bn), reflecting weakness for both large and small cap funds
Source: BlackRock- ETP Research
BetaShares Global Market Review: April 2015
May 12, 2015--The main theme last month was a bounce back in commodities due (perversely) to softer US and Chinese economic data, which softened the $US and raised hopes for more monetary stimulus.
We do not expect the soft patch of US economic data to last. We still favour risk markets from a medium-term perspective, with a bias toward
Source: BetaShares
