Global ETF News Older than One Year
Over 60% Of Risk Managers At Financial Services Firms Believe Probability Of A High-Impact Event Has Increased, According To New DTCC Survey
Ongoing concerns over potential cyber attacks driving industry-wide concerns
December 1, 2015-- A new survey on risk trends impacting the financial services industry revealed that 61% of risk managers believe the probability of a high-impact event in the global financial system has increased during the past six months, according to The Depository Trust & Clearing Corporation's (DTCC) latest Systemic Risk Barometer Survey.
The survey found that the threat of a cyber attack is the key driver behind the increased concern among risk managers.
view the Systemic Risk Barometer Results Overview-2015 Q3
Source: DTCC
ERI Scientific Beta announces launch of Quality Multi-Beta family of indices
December 1, 2015--ERI Scientific Beta is pleased to announce the release of a new family of multi smart factor indices that has been added to the www.scientificbeta.com platform as of 12 November, 2015: Quality Multi-Beta Indices.
This release is part of a new version of the platform, further extending ERI Scientific Beta's offering in the area of smart beta indices.
The new multi smart factor indices are an equal-weighted combination of the two factors attributed to "Quality"- Low Investment and High Profitability-and are available in both regular and highly-liquid versions and with or without sector and geographical neutrality.
Source: ERI Scientific Beta
OECD-Further reforms needed to tackle growing risk of pensioner poverty
December 1, 2015--Recent reforms have made pension systems more financially sustainable and pensioners have higher living standards than ever before
But future generations are likely to find their pension entitlements much less generous than today's and many may face a serious risk of pensioner poverty, according to a new OECD report.
Pensions at a Glance 2015 says that about half of OECD countries have taken measures in the past two years to make their systems more affordable in the long term. A third have made efforts to strengthen safety nets and help some vulnerable groups of pensioners.
view the OECD Pensions at a Glance 2015-OECD and G20 indicators
Source: OECD
Goldman Sachs Seeking Crypto Trade Settlement Patent
December 1, 2015--Goldman Sachs filed a patent application last month for a securities settlement system based on a new cryptocurrency called "SETLcoin".
In a US Patent & Trademark Office application, dated 19th November, Goldman Sachs outlines a "Cryptographic Currency For Securities Settlement" that allows peer-to-peer participants to exchange cryptographic tokens representing securities with instant settlement.
Source: Coindesk.com
Eurex: Trading statistics November 2015
Eurex Exchange: ADV 5.3 million contracts/ISE: ADV 2.3 million contracts
December 1, 2015--
In November 2015, the international derivatives markets of Eurex, part of Deutsche Börse Group, recorded an average daily volume of 7.6 million contracts (November 2014: 7.4 million).
Of those, 5.3 million were Eurex Exchange contracts (November 2014: 5.3 million), and 2.3 million contracts (November 2014: 2.1 million) were traded at the New York based International Securities Exchange (ISE).
Source: Eurex
ETF Securities Outlook 2016: Don’t believe the hype...
December 1, 2015--We enter 2016 with one certainty: US official policy interest rates are going to rise. But the Federal Reserve (Fed) balance sheet has never been this vast and so most asset classes will be entering unchartered waters during this tightening cycle.
Our analysis of previous Fed hiking cycles suggests, contrary to popular belief, that the US Dollar (USD) sells-off. We believe the USD will behave in a similar way as it has done in the past and begin its decline during Q1 2016.
Source: ETF Securities
IMF-Review of the Method of Valuation of the SDR
December 1, 2015--Summary:This paper provides the basis for the quinquennial review of the method of valuation of the Special Drawing Right (SDR).
The review considers the composition, size, and weighting of the SDR currency basket and the financial instruments used to determine the SDR interest rate.
view the IMF Policy Paper: Review of the Method of Valuation of the SDR
Source: IMF
IMF Survey: Chinese Renminbi to Be Included in IMF's Special Drawing Right Basket
December 1, 2015--Renminbi becomes fifth currency making up SDR basket
Inclusion is an important milestone in China's global financial integration
Decision reflects growing international use and trading of renminbi
The Chinese currency renminbi (RMB) is to be included in the basket of currencies which make up the IMF's Special Drawing Right, or SDR.
This is the first time in over 15 years that the list of currencies comprising the SDR has been altered.
Source: IMF
ETF Securities Commodity ETP Weekly
November 30, 2015--Commodity turning point echoed by commodity basket inflows
A shortened trading week saw oil and most industrial metals prices increase as investors become more confident that we are close to the trough in the commodity market. Flows into our commodity baskets echo this sentiment.
Gold, viewed a defensive asset that performs poorly in higher real rate environments, saw a second co nsecutive week of outflows. We believe that such pessimism for the metal could be misplaced.
Despite some optimism expressed in the market last week, we doubt OPEC will change course at its meeting on Friday.
More investors return to commodity markets. ETFS Longer Dated All Commodities GO UCITS ETF (COMF) received US$24.2mn last week in an indication that more investors are convinced that commodities have hit a turning point. Year-todate inflows into diversified commodity baskets have risen to US$429.2mn this year, compared to US$206.1mn in 2014, US$53.5mn in 2013 and an outflow of 21.6mn in 2012.
Source: ETF Securities
Source: What are the odds of the unexpected happening in 2016?
November 30, 2015--The economic and market environment for next year should favour equities, particularly in Japan and the Eurozone due to the low interest rate policies being adopted by their central banks, while Japanese real estate should also perform well.
These views are based on the most likely scenario for 2016, according to the Multi-Asset Research team at Source, one of the largest providers of Exchange Traded Products (ETPs) in Europe. The team's latest publication also explains why fixed income could disappoint in 2016' with shorter duration US high yield being a possible exception.
Source: Source
