Global ETF News Older than One Year
DECPG Global Weekly
September 22, 2017--TAKING STOCK
U.S. Federal Reserve kept interest rates unchanged, and announced it would start its balance sheet reduction in October
Euro Area headline inflation rebounded in August; consumer confidence improved in September
Bank of Japan kept policy unchanged; Japan's export growth hit an almost 4-year high in August
EMDEs bond sales reaching record pace in 2017
South Africa inflation rebounded; South African Reserve Bank unexpectedly left policy on hold
Source: World Bank
ULTUMUS-Guggenheim, PowerShares & Mirae
September 21, 2017--USA
More bullets in Guggenheim's round
New York-based issuer Guggenheim has updated its fixed-term junk bond ETF for 2025.
As with every year's product, the Guggenheim BulletShares 2025 High Yield Corporate Bond ETF (BSCR) will track high yielding debts that mature by 2025...
PowerShares late entrance into plain vanilla
PowerShares has listed five new ETFs on Bats under its "PureBeta" sub-brand. They are:
PowerShares PureBeta MSCI USA Portfolio (PBUS)
PowerShares PureBeta MSCI USA Small Cap Portfolio (PBSM)
PowerShares PureBeta FTSE Developed ex-North America Portfolio (PBDM)....
Korea
Covered call ETFs from Mirae
Korean asset manager Mirae Asset Daewoo has listed two new covered call ETFs in Seoul (520022, 520023). Covered call ETFs sell and buy options on securities they hold as a way of making more money for the fund...
Source: ULTUMUS-Financial Data Management
Trouble in the Making? The Future of Manufacturing-Led Development
September 21, 2017--STORY HIGHLIGHTS
New technology, including advanced robotics, industrial automation, and 3-D printing, are changing the landscape of global manufacturing.
Developing countries' traditional path to development, often driven by manufacturing, may be at risk because the criteria for becoming an attractive production location are changing.
Although there are challenges, opportunities remain for developing countries, as long as governments take appropriate policy actions on the 3Cs: competitiveness, capabilities, and connectedness.
view the Trouble in the Making? The Future of Manufacturing-Led Development report
Source: World Bank
Millennials Prefer Human Financial Advisers
September 21, 2017--A majority of young investors believe human advisers can generate a better ROI than robo-advisers, a recent survey finds.
A poll commissioned by the loan refinancing firm LendEDU found that 46.41% of Millennials who are currently saving for retirement use a human financial adviser as opposed to only 24.30% who use a robo-adviser.
In fact, 61.68% of respondents who don't use an automated adviser say they’ve never heard of one, possibly giving light to an underserved market in the financial services industry.
Source: planadviser.com
World Gold Council-Gold Investor, September 2017
September 20, 2017--Gold's fear trade intensifies on debt and equity risk
Global debt levels have reached unprecedented levels, pension deficits are rising and the US interest rate cycle is on the turn.
Frank Holmes, chief executive of highly regarded investment management group US Global Investors, believes that investing in gold is a logical response to current, unnerving conditions.
Source: World Gold Council (WGC)
FAQs on Basel III definition of capital published by the Basel Committee
September 19, 2017--The European Banking Authority (EBA) launched today a public consultation on its discussion paper on significant risk transfer in securitisation.
This work builds on the EBA's monitoring activity of supervisory practices in the area of significant risk transfer, which the Authority started in 2014 with the publication of the EBA Guidelines on this topic. The discussion paper aims at seeking stakeholders' views on how to further harmonise the regulation and supervision of the risk transfer through securitisation. The EBA's proposals are based on the newly agreed European securitisation legislation.
Source: European Banking Authority (EBA)
IMF Working paper-Indexing Structural Distortion: Sectoral Productivity, Structural Change and Growth
September 19, 2017--Summary:
This paper proposes a new index of sectoral labor distortion using employment and value added shares. We show that this index is highly correlated with growth both crosssectionally and over time.
We also use it to compare the degree of distortion among countries and identify sectors where the potential payoffs in terms of growth from reforms could be large. The regression analysis in the paper shows that education and various structural reforms have potential to improve the efficiency of sectoral labor allocation.
Source: IMF
ULTUMUS-Feminist Canadian ETF-Ahoy Me Hearties
September 19, 2017--Canada gets feminist and anti-hacker ETFs
It's a big day of listings in Canada, the biggest we've seen at the Daily ETF Monitor in some months.
Canadian issuer Evolve is bringing gender diversity (HERS) and cyber security ETFs (CYBR) to the land of moose and maple syrup.
CYBR will track a Solactive index of cyber security. HERS will track companies that have "demonstrated a commitment to gender diversity as part of their corporate responsibility strategy," says the index factsheet. Both ETFs charge 0.55%...
Cyber security and gender diversity ETFs already exist in the US and Japan. In a result that may disappoint but not surprise feminists, cyber security ETFs have proved the more popular of the two. HACK, the American cyber security tracker by ETF Managers Group, has collected more than $1.1bn since its launch in 2015...
Toronto-based First Asset is listing a new actively managed ETF, the First Asset Cambridge Global Dividend ETF (FCW)...
USA
A truly global ETF
Virtus ETF solutions has listed a new actively managed ETF on NYSE that will try to beat global equity markets while managing risk. The Global Factor Opportunities ETF (VGFO) will invest in companies from at least three different countries at once...
Korea
Another new leveraged oil ETN
Korea has many leveraged oil ETNs, but Samsung is set to list another. The Samsung Inverse 2X WTI Crude Oil Futures ETN (530036) will give double the inverse performance of the spot price of WTI crude oil and further enable speculators to gamble on oil prices....
Source: ULTUMUS-Financial Data Management
The Eurekahedge Report-September 2017
September 19, 2017--Hedge funds were up 5.12% year-to-date, registering performance-based gains of US$58.5 billion while seeing net asset inflows of US$81.9 billion as of 2017 year-to-date. Total hedge fund assets grew by US$140.45 billion over the past eight months with the industry's total assets currently standing at US$2.37 trillion.
In what is turning out to be the best year in terms of investor allocations since 2013, arbitrage, long/short equities and CTA/managed future strategies led in terms of net flows attracting with US$14.6 billion, US$13.7 billion and US$12.6 billion respectively as of 2017 year-to-date.
Source: eurekahedge.com
ETFGI reports assets invested in Smart Beta equity ETFs/ETPs listed globally have increased 18.3% in 2017 to reach a new record of US$630 Bn at the end of August 2017
September 19, 2017--ETFGI,a leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem,reported today that assets invested in Smart Beta equity ETFs/ETPs listed globally have increased 18.3% in the first 8 months of the year,reaching a new record of US$630 Bn at the end of August 2017,according to ETFGI's August 2017 global smart beta equity ETF and ETP industry insights report an annual paid for research subscription service.
Record levels of assets were reached at the end of August for equity smart beta ETFs/ETPs listed globally with US$630.39 Bn, in the United States with US$559.41 Bn, in Europe with US$46.46 Bn, in Canada with US$14.99 Bn and in Asia Pacific (ex-Japan) with US$5.72 Bn.
Source: ETFGI
