If your looking for specific news, using the search function will narrow down the results
U.S. Weekly FundFlows Insight Report: Investors Inject Net New Money Into Funds Ahead of the Q3 Earnings Season
October 13, 2017--For the second week in three investors were net purchasers of fund assets (including those of conventional funds and ETFs), injecting $6.9 billion. Investors padded the coffers of taxable bond funds (+$3.5 billion), equity funds (+$2.9 billion), money market funds (+$464 million), and municipal bond funds (+$44 million).
They remained cautiously optimistic ahead of Q3 2017 earnings season after Congress passed a budget resolution early in the fund-flows week-which many viewed as a precursor to tax-reform legislation. Although investors did a little handwringing before the release of the Federal Reserve Board's FOMC September meeting minutes and the beginning of earnings season later in the flows week, they shrugged off the first monthly decline in nonfarm payrolls since 2010.
view the IMF Regional Economic Outlook Update-Latin America and the Caribbean report CFTC.gov Commitments of Traders Reports Update ETFGI reports assets invested in ETFs/ETPs listed in Canada have increased 28.2% in 2017 to reach a new record of US$108 billion at the end of September 2017 view more
Principal Launches U.S. Mega-Cap Multi-Factor Index ETF view more Columbia Threadneedle Investments Launches Columbia Diversified Fixed Income Allocation ETF (DIAL) view more Minutes of the Federal Open Market Committee, September 19-20, 2017 Millennials Suffering From Financial Anxiety view more Four Additional First Trust ETFs Approved for Sale in Mexican Pension Plans view more SEC Proposes Rules to Implement FAST Act Mandate to Modernize and Simplify Disclosure view more
October 13, 2017--Economic activity in Latin America remains on track to recover gradually in 2017-18, but long-term growth remains stuck in low gear, slowing progress in catching up to income levels in advanced countries, according to the IMF's latest regional update.
The Regional Economic Outlook Update for the Western Hemisphere has marked up its growth forecasts for Latin America and the Caribbean to 1.2 percent in 2017 and 1.9 percent in 2018. A favorable external environment is helping the recovery. Global demand is getting stronger and easy global financial conditions-low global market volatility and resilient capital inflows-are boosting domestic financial conditions.
Source: IMF
October 13, 2017--The current reports for the week of October 10, 2017 are now available.
view updates
Source: CFTC.gov
October 12, 2017--ETFGI, a leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, reported today that assets invested in ETFs/ETPs listed in Canada have increased 28.2% in the first 9 months of the year to reach a new record of US$108 Bn at the end of September 2017, according to ETFGI's September 2017 preliminary Canadian ETF and ETP industry insights report an annual paid for research subscription service.
The Canadian ETF industry had 535 ETFs, with 659 listings, assets of US$108 Bn, from 25 providers listed on 2 exchanges.
Source: ETFGI
October 12, 2017--Principal Financial Group(R) (NYSE: PFG) announced today the launch of the Principal U.S. Mega-Cap Multi-Factor Index ETF (Ticker: USMC).
USMC is a strategic beta Exchange Traded Fund, which tracks the largest U.S. companies in the Nasdaq U.S. Large Cap Index, offering investors a concentrated exposure to U.S. mega-cap equities with a tilt toward lower volatility stocks. The ETF will be managed by Principal Global Investors.
Source: Principal
October 12, 2017--Columbia Threadneedle Investments today announced the expansion of its strategic beta exchange-traded fund (ETF) offerings, with the launch of Columbia Diversified Fixed Income Allocation ETF (NYSE Arca: DIAL).
DIAL will track the Beta Advantage(R) Multi-Sector Bond Index, which provides a rules-based approach to investing in six fixed income sectors. Columbia Threadneedle drew upon its expertise as a leading, fixed income manager to create the strategic beta rules that are the foundation of the index. The index is owned and calculated by Bloomberg Index Services Limited.
Source: Columbia Threadneedle Investments
October 11, 2017--The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the attached minutes of the Committee meeting held on September 19-20, 2017. A summary of economic projections made by Federal Reserve Board members and Reserve Bank presidents for the meeting is also included as an addendum to these minutes.
view minutes
Source: federalreserve.gov
October 11, 2017--A variety of financial obstacles ranging from sticking to a budget to saving for the future are keeping Millennials up at night, according to a study by Wells Fargo.
A recent survey by Wells Fargo found the Millennial generation's top 3 financial intimidators include saving for the future, knowing how to invest money and sticking to a budget. However, 77% lack a financial adviser. Of this group, 39% said they wanted one.
Source: planadviser.com
October 11, 2017--First Trust Advisors L.P. ("First Trust") a global exchange-traded fund (ETF) provider and asset manager, announced that the Mexican pension funds investment regulator, La Comisión Nacional del Sistema de Ahorro para el Retiro (CONSAR), has approved four additional First Trust ETFs for sale to Mexican funded pensions, known as AFORES.
In accordance with Mexico's pension plan investment guidelines, CONSAR must approve an ETF before it can be purchased in a pension fund. They previously approved seven First Trust ETFs, which are listed below along with the four newly approved ETFs.
Source: First Trust Advisors L.P
October 11, 2017--The Securities and Exchange Commission today voted to propose amendments to modernize and simplify disclosure requirements for public companies, investment advisers, and investment companies and to implement a mandate under the Fixing America's Surface Transportation (FAST) Act.
The proposed amendments would make adjustments to update, streamline or otherwise improve the Commission's disclosure framework.
Source: SEC.gov