Global ETF News Older than One Year
CPMI-IOSCO release guidance on cyber resilience for financial market infrastructures
June 29, 2016--The Committee on Payments and Market Infrastructures (CPMI)1 and the Board of the International Organization of Securities Commissions (IOSCO)2 today released the final report Guidance on cyber resilience for financial market infrastructures ("Cyber Guidance").3
This Cyber Guidance is the first internationally agreed guidance on cyber security for the financial industry. It has been developed against the backdrop of a rising number of cyber attacks against the financial sector and in a context where attacks are becoming increasingly sophisticated.
view the Guidance on cyber resilience for financial market infrastructures report
Source: BIS
Connecting to Compete 2016: Trade Logistics in the Global Economy
June 28, 2016--STORY HIGHLIGHTS
The 2016 edition of Connecting to Compete scores and benchmarks countries' performance on logistics. Germany ranked first for the second time in a row, and Syria ranked last. The top performing countries tend to be high-income; countries with the lowest scores tend to be low-income.
Many factors determine a country's logistics performance-including infrastructure, regulations, policies, geography, and political economy.
The Logistics Performance Index, part of the Connecting to Compete report, measures the efficiency of international supply chains. It covers 160 countries based on the multidimensional assessment of over 1000 global logistics professionals.
view the World Bank report-Connecting to Compete 2016: Trade Logistics in the Global Economy
Source: World Bank
The Global Economy is Failing 35% of the World's Talent
June 28, 2016--The Human Capital Report 2016 finds that globally only 65% of the world's talent is being optimized through education, skills development and deployment during people's lifetimes
Finland, Norway and Switzerland hold the top spots, utilizing around 85% of their human capital. Japan leads when it comes to 55 year-olds and over
Rich and poor countries alike are missing huge opportunities when it comes to making the most of their populations' economic potential, with only 65% on average of the world's talent being optimized during all stages of the working life time, according to the World Economic Forum's Human Capital Report 2016, which is published today.
view the World Economic Forum-Human Capital Report 2016
Source:World Economic Forum
Brexit wipes record $3tn off global markets in two days
June 28, 2016--S&P Dow Jones Global Brand Market Index shed $2.08 trillion in value on the day following the referendum
Brexit wiped a record $3 trillion off global markets in two days, according to data compiled by Standard & Poor's Dow Jones Indices.
A sharp sell-off in stocks around the world followed the decision by British voters to leave the EU.
Source: independent.co.uk
BlackRock ETF Landscape May 2016
June 27, 2016--Industry Highlights
MAY GLOBAL ETP FLOWS REFLECT INVESTOR PREFERENCE FOR FIXED INCOME AND GOLD OVER EQUITIES
May flows of $10.7bn were paced by $9.7bn for bond funds and boosted by a renewed appetite for gold, which accumulated $4.1bn
Minimum volatility funds, which have steadily attracted $3bn per month this year amid equity market uncertainty, brought in another $2.6bn
Fixed income flows remained broad based, from corporate bonds to EM debt to municipals
The leading categories were investment grade corporate bonds with $2.8bn, primarily from ongoing demand in Europe, and broad US debt with $1.8bn
The only redemptions were ($2.6bn) for high yield corporate bonds, which have still gathered $4.7bn year-to-date as investors hunt for sources of income
EM equity generated outflows of ($5.0bn) after two strong months, as renewed concern over China's economic growth impacted both broad EM funds and country funds with Asia exposure
Source: BlackRock ETP Research
New margin regulations for the non-cleared OTC derivatives to reduce systemic risk across financial markets
June 27, 2016--In a new publication entitled "Initial Margin for Non-Centrally Cleared OTC Derivatives-Overview, Modelling and Calibration," EDHEC-Risk Institute provides a detailed overview and analysis of the forthcoming new framework to be used by large financial institutions to determine initial margin (IM) and variation margin (VM) payments when trading non-cleared over-the-counter (OTC) derivatives.
The Fédération Bancaire Française (FBF) supports the research chair on "Innovations and Regulations in Investment Banking" in which this research was produced.
Source: EDHEC-Risk Institute
Brics eyes a new rating firm to rival big three
June 27, 2016--The Brics nations are looking to set up a new credit-rating company in an effort to break the dominance of the big three developed-nation firms.
Source: FIN24
Infographic-21 Incredible Uses for Silver
June 27, 2016--From our perspective, silver is the most fascinating metal in existence.
Silver is best known for having extraordinary properties that have made it an effective monetary metal for thousands of years.
Currency buffs all know the metal as being rare, durable, fungible, malleable, ductile, and divisible, which match the properties of money agreed on by most economists. Silver, of course, has been used by civilizations ranging from Ancient Rome to the United States for monetary purposes.
Source: visualcapitalist.com
Bitcoin and Blockchain Leading the Revolution in the Global Monetary System
June 26, 2016--Technologies from big data to digital currency and mobile transactions are reshaping the financial industry
While there is debate about their viability and the public's awareness and understanding of them, bitcoin and blockchain technology could be the beginning of a revolution in the global monetary system.
Source: World Economic Forum
Policy remix needed to tackle pent-up risks, BIS says
June 26, 2016--There is an urgent need to rebalance policy in order to shift to a more robust and sustainable global expansion and address accumulated vulnerabilities, the Bank for International Settlements (BIS) writes in its 86th Annual Report, calling for prudential, fiscal and structural policies to play a greater role.
"We need policies that we will not once again regret when the future becomes today," the BIS says in the report, released today, which describes a broad-based economic realignment as financial cycles mature, commodity prices fall, the dollar strengthens and global liquidity starts to tighten.
view the 86th Annual Report, 2015/16
Source: BIS
