Global ETF News Older than One Year
FEAS Newletter for October 2011
November 3, 2011--The FEAS October 2011 newsletter in now available.
Source: FEAS
Dow Jones Islamic Market Indexes October 2011 Performance Report
November 3, 2011--—The global Dow Jones Islamic Market Titans 100 Index, which measures the performance of 100 of the leading Shari’ah compliant stocks globally, had an up month in October with a gain of 10.26%, closing at 2226.61. In comparison, the Dow Jones Global Titans 50 Index, which measures
the 50 biggest companies worldwide, posted a gain of 9.41%, closing at 175.29.
The Dow Jones Islamic Market Asia/Pacific Titans 25 Index, which measures the performance of 25 of the leading Shari’ah compliant stocks in the Asia/Pacific region, increased 9.35% in October, closing at 2021.78. The Dow Jones Asian Titans 50 Index, in comparison, posted a gain of 9.00%, closing at 126.52.
Measuring Europe, the Dow Jones Islamic Market Europe Titans 25 Index, which measures the performance of the 25 of the leading Shari’ah compliant stocks in Europe, closed at 2094.47, a gain of 11.71% in October, while the conventional Dow Jones Europe Index gained 11.95%, closing at 248.26.
Measuring the performance of 50 of the largest Shari’ah compliant U.S. stocks, the Dow Jones Islamic Market U.S. Titans 50 Index increased in October, closing at 2307.28. It represents a gain of 9.88%. The U.S. blue-chip Dow Jones Industrial Average increased 9.54%, closing at 11955.01.
Source: Dow Jones Indexes
Dow Jones-UBS Commodity Indexes - October 2011 Performance Report
November 2, 2011-- The Dow Jones-UBS Commodity Index was up 6.62% for the month of October. The Dow Jones-UBS Single Commodity Indexes for crude oil, orange juice and copper had the
strongest gains with month-end returns of 17.07%, 15.42%, and 15.23%, respectively.
The three most significant downside performing single commodity indexes were live cattle, natural gas and feeder cattle, which were down 3.30%, 2.05%, and 0.98% respectively, in October.
Year to date, the Dow Jones-UBS Commodity Index is down 7.95% with the Dow Jones-UBS Gas Oil Sub-Index posting the highest gain of 21.45% so far in 2011. Dow Jones-UBS Wheat Sub-Index has the most significant downside YTD performance, down 33.98%.
Source: Dow Jones Indexes
Financial Stability Board: Global Adherence To Regulatory And Supervisory Standards On International Cooperation And Information Exchange
November 2, 2011--The Financial Stability Board (FSB) commenced in March 2010 an initiative to encourage the adherence by all countries and jurisdictions to regulatory and supervisory standards on
international cooperation and information exchange.1,2 The initiative responded to a call by the G20 Leaders at their April 2009 Summit in London for the FSB to develop a toolbox of
measures to promote adherence to prudential standards and cooperation with jurisdictions.
To recognise the progress that most jurisdictions evaluated by the FSB under the current initiative have made towards implementing international cooperation and information exchange standards, and to incentivise improvements by those jurisdictions not cooperating fully, the FSB is publishing the names of all jurisdictions evaluated. The list includes those identified as non-cooperative jurisdictions.
Objective of the initiative
The focus of the FSB’s current initiative is on adherence to internationally agreed information
exchange and cooperation standards in the areas of banking supervision, insurance supervision and securities regulation.3 Cooperation and information exchange amongst
financial supervisors and regulators are essential for effective oversight in an integrated financial system.
Source: Financial Stability Board
OECD annual inflation rate picks up to 3.3% in September 2011
November 2, 2011--Consumer prices in the OECD area rose by 3.3% in the year to September 2011, compared with 3.2% in the year to August - the highest rate since October 2008. Excluding food and energy, the annual inflation rate rose by 1.9% in September, compared with 1.8% in August - the highest rate since April 2009.
Energy prices rose by 14.2% in the year to September, up from 13.5% in the year to August. However, this acceleration in energy prices was partly offset by slower rise in food prices: 4.2% in the year to September, down from 4.6% in the year to August.
Source: OECD
IMF to publish analysis on imbalances, currencies
November 1, 2011--The International Monetary Fund said on Monday it will begin publishing regular analyses of global economic imbalances and exchange rates as part of a growing role, a move that could draw it deeper into difficult international disputes.
Global policymakers have called on the IMF to play a greater role in policing the global economy in the face of a global financial crisis and recession in 2009 and the rising influence of emerging economies.
The IMF unveiled its plans to increase monitoring, and report on its findings, just days before a summit of leaders from the Group of 20 major economies.
Source: Economic Times
NASDAQ OMX: New Monthly Record For Carbon Futures In October
November 1, 2011--Trading and clearing of carbon futures amounted to 9,149 contracts (9,149,000 tons) in October 2011.
This is the highest monthly volume ever traded and cleared on NASDAQ OMX Commodities Europe carbon futures market in the course of one month.
Source: NASDAQ OMX
FTSE Diversification Based Investing (DBI) Index Series. Expanded to Include Emerging Markets.
November 1, 2011--FTSE Group (“FTSE”), the award winning global index provider, and QS Investors, LLC, an independent investment firm providing asset management and advisory services to institutional clients, today jointly announce the expansion of the FTSE Diversification Based Investing (DBI) Index Series to include emerging markets.
With the addition of an Emerging Markets Index, the series now offers truly global coverage.
Like the FTSE DBI Developed indices, launched in September 2010, the FTSE DBI All Emerging Markets Index is non-market capitalization weighted. Instead, the FTSE DBI indices are weighted to promote diversification across countries and industry sectors. They seek higher absolute and risk-adjusted returns compared to market cap-weighted indices with less downside risk. The investment philosophy behind the FTSE DBI Index Series is that both geography and industry are the primary drivers of global equity risk and return; and that market sentiment can lead to momentum effects, causing concentration risk in market-cap weighted indices. A macro diversified portfolio helps to avoid this concentration risk and should lessen downside risk. Using a transparent, rules-based formula, the indices diversify exposure by re-weighting countries and industries to avoid concentration risk and momentum effects. Risk assessment occurs annually and index rebalancing occurs quarterly.
Source: FTSE
Average daily volume of 10.7 million contracts at Eurex Group in October
Eurex Repo: GC Pooling and Euro Repo market with new records
November 1, 2011--In October 2011, the international derivatives exchanges of Eurex Group recorded an average daily volume of 10.7 million contracts (October 2010: 9.2 million). Of those, 7.3 million were Eurex Exchange contracts (October 2010: 6.3 million), and 3.4 million contracts (October 2010: 2.9 million) were traded at the U.S.-based International Securities Exchange (ISE).
The growth of 17 percent y-o-y is due to stronger hedging need of market participants driven by uncertainty resulting from the European sovereign debt crisis, which led to an increasing use of exchange-traded and centrally cleared derivatives in the current market environment. In total, 153.9 million contracts were traded at Eurex Exchange and 72.1 million at ISE.
At Eurex Exchange, equity index derivatives as the largest segment recorded 82.3 million contracts (October 2010: 57.7 million), an increase of 43 percent y-o-y. The future on the EURO STOXX 50 Index totaled 31.3 million contracts, its best monthly result year-to-date. The option on this blue chip index totaled 36.4 million contracts. Futures on the DAX index recorded 3.8 million contracts. The DAX options reached another 5.3 million contracts. The Eurex KOSPI product recorded 2.4 million contracts, an ADV of nearly 120,000 contracts – a new monthly record since product launch.
Source: Eurex
Carbon Disclosure Project invites most populated cities to report water information for first time
November 1, 2011--The Carbon Disclosure Project (CDP) has invited 140 of the world’s most populated cities to report information on their greenhouse gas emissions and climate change strategies, as part of the second annual disclosure cycle of its CDP Cities program. CDP is also asking cities, for the first time, to report on their water use and water risks alongside their carbon and climate change activities, due to the significant risk this finite resource poses to cities.
Now in its second year, CDP Cities provides a transformative global system that enables cities around the world to voluntarily measure, disclose and track their progress on reducing greenhouse gas emissions and managing climate change risk. This year the number of cities invited to participate has risen to 140, up from 58 cities last year. For the second year running, CDP Cities is partnering with the C40 Cities Climate Leadership Group (C40), a group of the largest cities in the world dedicated to tackling climate change, to provide the preferred reporting platform for these progressive cities. CDP Cities is also inviting many of the largest cities by population in North America, Europe, Africa, Latin America and Australasia.
Source: Carbon Disclosure Project (CDP)
