If your looking for specific news, using the search function will narrow down the results
Innovator fund switches from active to passive management
November 21, 2017--The Innovator IBD 50 Fund, which was actively managed when it launched, has changed its investment strategy.
The exchange-traded fund now tracks the IBD 50 Index, which is made up of equities of the fastest-growing companies in the US.
view more
Source: Bloomberg
Blockchain Gets a Wall Street Win: 'We Know the Thing Works Now'
November 20, 2017--Test of tracking equity swaps with blockchain deemed a success
Firms including Goldman Sachs, JPMorgan did a six-month trial
The prospect of blockchain technology remaking financial services just moved a step closer to reality after banks including Goldman Sachs Group Inc. and JPMorgan Chase & Co. completed a successful six-month test in the $2.8 trillion equity swaps market.
view more
Source: Bloomberg
XTF ETF Fund Stats Top 5 ETFs Funds Week Ending November 17, 2017
November 20, 2017--View the top 5 ETF highs & lows, most active, top inflows & outflows, movers & laggards, successful recent launches, trade with caution and more.
view report
Source: XTF
UBS Now Offering NextSharesTM Exchange-Traded Managed Funds
November 20, 2017--UBS Financial Services Inc. (UBS) and NextShares Solutions LLC (NextShares Solutions), a wholly owned subsidiary of Eaton Vance Corp. (Eaton Vance), announced today the availability of NextSharesTM exchange-traded managed funds (NextShares) through the UBS brokerage platforms and UBS Strategic Advisor, a non-discretionary advisory program.
UBS is the first full-service wealth manager to offer NextShares through its financial advisor network.
NextShares are an innovative way to invest in actively managed strategies across fund asset classes, offering the potential for benchmark-beating returns by applying their manager's proprietary investment research.
view more
Source: BNP Paribas Asset Management
Janet L. Yellen will step down as a Member of the Board of Governors of the Federal Reserve System, effective upon the swearing in of her successor as Chair
November 20, 2017--Janet L. Yellen submitted her resignation Monday as a Member of the Board of Governors of the Federal Reserve System, effective upon the swearing in of her successor as Chair.
Dr. Yellen, 71, was appointed to the Board by President Obama for an unexpired term ending January 31, 2024. Her term as Chair expires on February 3, 2018. She also serves as Chair of the Federal Open Market Committee, the System's principal monetary policymaking body.
view more
Source: federalreserve.gov
CFTC.gov Commitments of Traders Reports Update
November 17, 2017--The current reports for the week of November 14, 2017 are now available.
view updates
Source: CFTC.gov
Thomson Reuters-U.S. Fund-Flows Weekly Report: Funds Experience Positive Net Flows for the Second Consecutive Week
November 17, 2017--After taking in almost $17.5 billion of net new money the prior week Thomson Reuters Lipper's fund macro-groups (including both mutual funds and ETFs) had positive net inflows of $929 million for the fund-flows week ended Wednesday, November 15.
The net-positive flows stemmed from money market funds (+$2.7 billion) and municipal bond funds (+$418 million), while taxable bond funds (-$1.9 billion) and equity funds (-$240 million) both saw net money leave their coffers.
view more
Source: Thomson Reuters
Treasury Releases Memorandum to the President on FSOC's Designation Processes For Nonbank Financial Companies and Financial Market Utilities
November 17, 2017--The U.S. Department of the Treasury today released a memorandum to the President regarding its review of the designation processes of the Financial Stability Oversight Council (FSOC).
In response to the April 21, 2017 Presidential Memorandum, Treasury makes recommendations on ways to improve FSOC's processes both for nonbank financial company and for financial market utility designations. The memorandum released today responds to the Presidential Memorandum issued on April 21, 2017 that directed Treasury to evaluate and make recommendations on FSOC's designation processes.
view the REPORT TO THE PRESIDENT OF THE UNITED STATES-Pursuant to the Presidential Memorandum Issued April 21, 2017 Financial Stability Oversight Council Designations
Source: treasury.gov
FFCM LLC and O'Shares ETF Investments announce the closing of the two O'Shares Hedged ETFs for Developed Markets in Europe and Asia Pacific
November 17, FFCM LLC ("FFCM") and O'Shares Investments, Inc. ("O'Shares") announce the closing of the two ETFs listed below (the "Funds"). 2017--
Fund: O'Shares FTSE Europe Quality Dividend Hedged ETF
Ticker: OEUH
Fund: O'Shares FTSE Asia Pacific Quality Dividend Hedged ETF
Ticker: OAPH
view more
Source: O'Shares Investments