Global ETF News Older than One Year
ERI Scientific Beta Newsletter-January/February 2017
February 17, 2017--Live is Better
Since 2013, with the Smart Beta 2.0 framework, EDHEC-Risk Institute has created Scientific Beta multi-smart-factor indices that are well diversified and exposed to rewarded factors.
At that time, the four rewarded factors validated by EDHEC-Risk Institute were Value, Size, Low Volatility and Momentum. Furthermore, as a default weighting scheme option, Scientific Beta proposed its flagship multi-strategy weighting scheme which mixes different methods of alternative weightings to cap-weighted (Efficient Minimum Volatility, Efficient Maximum Sharpe Ratio, Maximum Deconcentration, Maximum Decorrelation and Diversified Risk Weighted) in order to diversify and thus reduce the model risks associated with each of these weighting schemes.
Source: ERI Scientific Beta
DECPG Global Weekly-February 17, 2017
February 17, 2017--U.S. consumer price inflation picked up in January; retail sales continued to rise; industrial production fell
Euro Area growth in Q4 2016 was revised down, industrial production contracted in December.
Japan's GDP slowed further in Q4 2016, industrial production expanded modestly in December
China inflation accelerated in January
High food prices fueled inflation across East Africa in January
Source: World Bank
World Bank-Global Fisheries' Sunken Billions
February 14, 2017--Billions of dollars are lost at sea but different paths to fisheries reform show promising results
New economic analysis reveals that, because of overfishing, global fisheries forego more than $80 billion a year, compared to an optimal scenario.
Allowing fish stocks to bounce back to healthier levels would cut losses and create revenue for long-term growth, while helping fisheries adapt to climate change and meet global demand for seafood.
Experience in several countries shows there are multiple ways to arrive at a more sustainable and profitable level of fishing.
view the The Sunken Billions Revisited: Progress and Challenges in Global Marine Fisheries
Source: World Bank
Blockchain is 5 Years From Mainstream, Post-Trade Consortium Members Say
February 13, 2017--Nearly half of the members of a blockchain consortium focused on post-trade settlement see the technology achieving wider adoption over the next three to five years.
That's according to the results of a survey published today by the Post-Trade Distributed Ledger (PTDL) Group. The survey was conducted last autumn and polled its 45-strong membership.
Source: coindesk.com
Passive grew 4.5 times faster than active in 2016
February 12, 2017--Investors concerned over high fees and disappointing performance vote with their feet.
The assets managed by passive mutual funds, which provide lower-cost exposure to markets by tracking an index, grew 18 per cent to $6.7tn last year, more than double the 8 per cent growth rate experienced in 2015.
Source: FT.com
IOSCO analyzes potential of tech-driven change in the securities market industry
February 8, 2017--A new report published today highlights the increasingly important intersection between financial technology (Fintech) and securities market regulation, and describes the impact it has on investors and financial services.
The IOSCO Research Report on Financial Technology, published by the International Organization of Securities Commissions (IOSCO), describes a variety of innovative business models and emerging technologies that are transforming the financial services industry, including:
financing platforms: peer-to-peer lending and equity crowdfunding;
retail trading and investment platforms, including robo-advisers and social trading;
view moreview the IOSCO Research Report on Financial Technologies (Fintech)
Source: IOSCO
IOSCO report shows progress made in implementation of Benchmark Principles
February 7, 2017--The Board of the International Organization of Securities Commissions (IOSCO) today published the Second Review of the Implementation of IOSCO's Principles for Financial Benchmarks in respect of the WM/Reuters 4 p.m. Closing Spot Rate.
The report found that the administrator had made very significant progress, with most of the recommendations from an earlier review having been implemented. However, some room exists to improve and refine recently implemented policies and practices.
Source: IOSCO
PWC-The Long View: How will the global economic order change by 2050?
February 6, 2017--Foreword
After a year of major political shocks with the Brexit vote and the election of President Trump, it might seem
brave to opine on economic prospects for 2017, let alone 2050.
However, I still think it is important to take a longer term view of global economic prospects that looks beyond the short-term ups and downs of the economic and political cycle, which are indeed very difficult to forecast. Instead our approach in this report, based on a rigorous modelling approach, focuses on the fundamental drivers of growth: demographics and productivity, which in turn is driven by technological progress and diffused through international trade and investment.
view the PWC-The Long View: How will the global economic order change by 2050?
Source: PWC
Passive investing advances on US bond market
February 5, 2017--Exchange traded funds and index-trackers control over a fifth of fixed-income market.
Source: FT.com
Index of Economic Freedom 2017
February 2, 2017--Executive Highlights
Key Findings of the 2017 Index
Per capita incomes are much higher in countries that are more economically free. Economies rated "free" or "mostly free" in the 2017 Index generate incomes that are more than double the average levels in other countries and more than five times higher than the incomes of people living in countries with "repressed" economies.
Not only are higher levels of economic freedom associated with higher per capita incomes, but greater economic freedom is also strongly correlated to overall well-being, taking into account such factors as health, education, environment, innovation, societal progress, and democratic governance.
In the 2017 Index, 103 countries, most of which are less developed or emerging economies, showed advances in economic freedom. Remarkably, 49 countries achieved their highest economic freedom scores ever. Two large economies (China and Russia) are included in this group.
view the Index of Economic Freedom 2017 report
Source: The Heritage Foundation
