ETFGI reports record assets and net inflows in Active ETFs world-wide of US$418 billion and US$110 billion respectively at end of September 2021
October 19, 2021--ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs and ETPs ecosystem, reported today record assets and net inflows in Active ETFs world-wide of US$418 billion and US$110 billion respectively at end of September. Actively managed ETFs and ETPs saw net inflows of US$14.68 billion during September, bringing year-to-date net inflows to US$109.93 billion.
Assets invested in actively managed ETFs/ETPs finished the month up to 1.1%, from US$413 billion at the end of August to US$418 billion, according to ETFGI's September 2021 Active ETF and ETP industry landscape insights report, the monthly report which is part of an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)
Highlights
Record $418 Bn invested in actively managed ETFs and ETPs industry at end of September 2021.
Assets increased 46.1% YTD in 2021 going from $285.83 Bn at end of 2020 to $417.73 Bn.
Record YTD 2021 net inflows of $109.93 Bn beating prior record of $51.29 Bn gathered in YTD 2020.
$109.93 Bn YTD net inflows are $18.83 Bn greater than the full year 2020 record net inflows $91.10 Bn.
$149.73 Bn in net inflows gathered in the past 12 months.
18th month of consecutive net inflows
Actively managed Equity ETFs and ETPs gathered a record $52.73 Bn in YTD net inflows 2021.
Housing Prices Continue to Soar in Many Countries Around the World
October 18, 2021--While most economic indicators deteriorated last year, house prices largely shrugged off the effects of the pandemic. Of the over 60 countries that enter into the IMF's Global House Price Index, three-quarters saw increases in house prices during 2020, and this trend has largely continued in countries with more recent data.
IMF research indicates that low interest rates contributed to the boom in house prices, as did policy support provided by governments and workers' greater need to be able to work from home. In many countries, including the United States, online searches for homes reached record levels. Along with these demand factors, house prices also increased as supply chain disruptions raised the costs of several inputs into the construction process.
Critical Decarbonization Technologies Need at Least "10x" Investment to Hit Zero Emission Targets
October 14, 2021--Innovative, early-stage technologies like hydrogen-based fuels, carbon capture and bioenergy are in urgent need of funding to scale globally and help organizations hit zero emission targets
Experts from over 50 financial institutions, including banks, insurers, and asset managers, and the public sector, have come together to develop financing blueprints and policies to mobilize investment in these technologies
New report outlines three ways to close this supply-and-demand-side green investment gap
Breakthrough technologies such as hydrogen-based fuels, bioenergy and carbon-capture storage solutions are needed to hit the global goal of zero emissions by 2050.
To scale these technologies and take them to market, at least a tenfold increase in investment is needed, according to the How to Finance Industry Net-Zero report.
Released by the World Economic Forum and Oliver Wyman, the report outlines how to address the supply-and-demand-side gap and take these technologies to the next level.
view the How to Finance Industry Net-Zero report
IMF-Fiscal Policy for an Uncertain World
October 13, 2021--As public debt rises to record levels, countries need to calibrate fiscal policies to their own unique circumstances.
Vaccination has saved lives and helped economic recovery in many countries, but uncertainty remains high amid new virus variants.
The pandemic will leave a lasting mark on inequality, poverty, and government finances, our latest Fiscal Monitor finds.
With the pandemic, global debt in 2020 jumped by 14 percent to a record high $226 trillion. This figure includes both public and nonfinancial private sector debt. The latter will need to be monitored carefully, as excess private debt can eventually turn into higher public debt.
World must triple clean energy investment by 2030 to curb climate change-IEA
October 13, 2021--Investment in renewable energy needs to triple by the end of the decade if the world hopes to effectively fight climate change and keep volatile energy markets under control, the International Energy Agency (IEA) said on Wednesday.
"The world is not investing enough to meet its future energy needs... transition-related spending is gradually picking up, but remains far short of what is required to meet rising demand for energy services in a sustainable way," the IEA said.
The United States has taken the leading position in Bitcoin mining following China's crackdown on mining operations, shows data update from the Bitcoin Electricity Consumption Index (CBECI) at the Cambridge Centre for Alternative Finance
October 13, 2021--The latest update to the Cambridge Bitcoin Electricity Consumption Index (CBECI) has confirmed the impact of the Bitcoin mining crackdown in China, showing that the leading share of global Bitcoin network hashrate now sits in the US, followed by Kazakhstan and the Russian Federation.
This new data (to the end of August 2021) shows the US with a global hashrate share of 35.4% (up from 16.8% at the end of April), Kazakhstan with 18.1% (up from 8.2%) and the Russian Federation with 11% (up from 6.8%).
This confirms the hashrate trajectory identified in the last update (to end April 2021) which showed those three countries were already gaining market share prior to the crackdown in China.
The immediate effect of the government-mandated ban on crypto mining in China was a 38% drop in global network hashrate in June 2021- which corresponds roughly to China's share of hashrate before the clampdown, suggesting that Chinese miners ceased operations simultaneously.
IMF-Global Financial Stability Report, October 2021-COVID-19, Crypto, and Climate Navigating Challenging Transitions
October 12, 2021--Overview
Financial stability risks contained so far, but despite improvements vulnerabilities remain elevated in some sectors
Financial stability risks have been contained so far, reflecting ongoing policy support and a rebound in the global economy earlier this year. Chapter 1 explains that financial conditions have eased further in net in advanced economies but changed little in emerging markets.
However, the optimism that propelled markets earlier in the year has faded on growing concerns about the strength of the global recovery, and ongoing supply chain disruptions intensified inflation concerns. Signs of stretched asset valuations in some market segments persist, and pockets of vulnerabilities remain in the nonbank financial sector; recovery is uneven in the corporate sector.
Study, illustrations, and maps show the stakes for COP26 climate negotiations
October 12, 2021--New research from Climate Central illustrates the fleeting opportunity to limit coastal cities' future losses to rising seas. Detailed in the paper "Unprecedented Threats to Cities from Multi-century Sea Level Rise," published today in Environmental Research Letters, the research identifies which places may be saved or lost in the long run as a result of present-day climate actions, potentially tied to the outcomes of the upcoming COP26 UN climate negotiations (October 31-November 12 in Glasgow, Scotland).
Hundreds of coastal cities and land where up to one billion people live today are at stake. And the difference between increases of 1.5C and 2.0C degrees of warming is especially acute: Compared to the jump from 2.0C to 3.0C, this smaller increase adds nearly twice as much at-risk populated area, highlighting the consequences of missing the most ambitious targets inthe Paris Agreement.Paired with data and imagery from Google Earth, the research enables precise illustration ofprojected water levels.
view the research paper-
Unprecedented threats to cities from multi-century sea level rise
ETFGI reports record year to date net inflows of US$924 billion into ETFs and ETPs listed globally at end of September
October 12, 2021--ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs and ETPs ecosystem, reported today that ETFs and ETPs listed globally gathered net inflows of US$89.97 billion during September, bringing year-to-date net inflows to a record US$924.18 billion which is higher than the US$486.67 billion gathered at this point last year and higher than the US$762.77 billion.
Assets invested in the global ETFs/ETPs industry have decreased by 2.3% from US$9.73 trillion at the end of August 2021, to US$9.50 trillion at the end of September, according to ETFGI's September 2021 Global ETFs and ETPs industry landscape insights report, an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)
Highlights
Assets of $9.50 trillion invested in ETFs and ETPs listed globally at the end of September 2021 are the second highest on record.
Record YTD 2021 net inflows of $924.18 Bn beating the prior record of $486.67 Bn gathered in YTD 2020.
$924.18 Bn YTD net inflows are $161.41 Bn higher than the full year 2020 record net inflows $762.77 Bn.
$1.20 trillion in net inflows gathered in the past 12 months.
Assets increased 18.9% YTD in 2021, going from US$7.99 trillion at end of 2020, to US$9.50 trillion.
28th month of consecutive net inflows
Equity ETFs and ETPs listed globally gathered a record $632.81 Bn in YTD net inflows 2021.
IMF-World Economic Outlook October 2021-
Recovery During a Pandemic Health Concerns, Supply Disruptions, and Price Pressures
October 12, 2021--Global recovery continues, but the momentum has weakened and uncertainty has increased
The global economic recovery is continuing, even as the pandemic resurges. The fault lines opened up by COVID-19 are looking more persistent-near-term divergences are expected to leave lasting imprints on medium-term performance. Vaccine access and early policy support are the principal drivers of the gaps.
The global economy is projected to grow 5.9 percent in 2021 and 4.9 percent in 2022, 0.1 percentage point lower for 2021 than in the July forecast. The downward revision for 2021 reflects a downgrade for advanced economies-in part due to supply disruptions-and for low-income developing countries, largely due to worsening pandemic dynamics. This is partially offset by stronger near-term prospects among some commodity-exporting emerging market and developing economies. Rapid spread of Delta and the threat of new variants have increased uncertainty about how quickly the pandemic can be overcome. Policy choices have become more difficult, with limited room to maneuver.