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S&P Dow Jones Indices-U.S. Index Dashboard-October 2014
October 31, 2014--In spite of a mid-month plunge, both the S&P 500(R) and the Dow Jones Industrial Average(R) closed October at all-time highs. Defensive strategies thrived, with the S&P 500 Low Volatility index ending up 5%.
Though volatility spiked during the period, the end result was fairly muted, and the S&P 500 VIX Short-Term Futures index declined 2%.
The S&P MidCap 400 and the S&P SmallCap 600 both delivered strong performances, gaining 4% and 7%, respectively.
U.S. fixed income indices registered strong performances across the board. Both medium-and long-term treasury yields declined. The S&P/BGCantor 20+ Year U.S. Treasury Bond Index gained 3%.
view the S&P Dow Jones Indices-U.S. Index Dashboard-October 2014 report
Source: S&P Dow Jones Indices
S&P Dow Jones Indices-Canada Index Dashboard-October 2014
October 31, 2014--Canadian equities were down in October, with the S&P/TSX Composite and the S&P/TSX 60 declining 2% and 1%, respectively.
The strongest performing sector of the S&P/TSX Composite in October was Consumer Staples (5%). Materials was the weakest performer, down 11%.
In spite of a mid-month plunge, both the S&P 500(R) and the Dow Jones Industrial Average(R) closed October at all-time highs. Defensive strategies thrived, with the S&P 500 Low Volatility index ending up 5%.
view the S&P Dow Jones Indices-Canada Index Dashboard-October 2014 report
Source: S&P Dow Jones Indices
S&P Dow Jones Indices-Latin America Index Dashboard-October 2014
October 31, 2014--Latin American equities declined again in October. The S&P Latin America BMI was less than 1% while the S&P MILA Andean 40 was down 1%.
Colombia and Peru were the weakest performers, down 3% and 2%, respectively. Consumer Discretionary and Financials were the strongest performing sectors of the S&P Latin America BMI, gaining 4% and 3%, respectively. Energy provided the worst sectoral performance, down 11% on the month.
Global equities were mixed on the month. In spite of a mid-month plunge, both the S&P 500(R) and the Dow Jones Industrial Average(R) closed October at all-time highs. Developed markets ended the month down 2% while emerging markets gained 2%. Following a strong 3Q performance, frontier markets declined 4%.
view the Long-running war between the mutual fund industry and the exchange traded fund sector appears to have reached a turning point view more Invesco to take over management of PowerShares DB funds from Deutsche read more KCG Said to Seek at Least $300 Million for HotSpot Unit ARK Investment Management Launches Two Additional Thematic Active Equity ETFs-ARKG and ARKK view more CFTC.gov Swaps Report Update Peru Continues to Rank as One of Top Economies in Latin America in Business Regulations view more U.S. Bancorp Fund Services, LLC Launches 10 Actively-Managed Exchange Traded Funds with WBI Investments "We believe actively-managed ETFs are the future of the ETF industry, and U.S. Bancorp Fund Services is critical to supporting these funds now and in the future," said Don Schreiber, Jr., founder and chief executive officer of WBI Investments, a registered investment adviser headquartered in New Jersey. "In this market, actively managing risk and capital is essential, and USBFS has both the experience and technology offerings to make this possible and practical." view more
Source:S&P Dow Jones Indices
October 30, 2014--The long-running war between the mutual fund industry and the burgeoning exchange traded fund sector appears to have reached a turning point.
Asset managers who run mutual funds have watched with envy as ETFs have grown into a $2.6tn global asset class by offering investors cheaper products that trade like stocks but passively track indices or other baskets of securities.
Source: FT.com
October 30, 2014--Invesco Ltd said on Thursday it plans to take over management of the PowerShares DB fund suite from Deutsche Bank AG as it looks to expand its commodity product lineup for its exchange-traded funds business.
The deal will transfer management of the 11 exchange-traded commodity pools in the suite to Invesco PowerShares, which is responsible distributing and marketing the funds. The PowerShares DB funds, created in 2006, had a combined net asset value of $8.2 billion at the end of September.
Source: Reuters
October 30, 2014--KCG Holdings Inc. (KCG), the trading firm formed in the aftermath of Knight Capital Group Inc.'s near collapse, is seeking at least $300 million for its currencies unit, people with knowledge of the matter said.
Working with Jefferies Group LLC on the sale, KCG has begun reaching out to potential buyers of the platform -- called HotSpot-- including Nasdaq OMX Group Inc., CME Group Inc., Intercontinental Exchange Inc., Deutsche Boerse AG, and London Stock Exchange Group Plc, the people said, asking not to be identified discussing private information.
Source: Bloomberg
October 30, 2014--ARK Investment Management (ARK) is pleased to announce the launch of two new actively managed exchange traded funds (ETFs), the
ARK Genomic Revolution Multi-Sector Fund (ARKG) and the ARK Innovation Fund
(ARKK). Like their sister funds, ARKQ and ARKW, these will be fully transparent, and
will complete the initial suite of ARK’s thematic ETFs.
ARKG will invest in US listed stocks and ADRs across multiple sectors, including health care, information technology, materials, and energy, that are relevant to the fund's
investment theme of the genomic revolution.
Source: ARK Investment Management
October 29, 2014--CFTC's Weekly Swaps Report has been updated, and is now available.
view more
Source: CFTC.gov
October 29, 2014--A new World Bank Group report finds that Peru continued to rank as one of the top economies where it is easier to do business in Latin America, as local entrepreneurs throughout the region saw an improvement in the business environment in the past year. Half the economies in the Latin America implemented at least one such reform in 2013/14, the report finds.
Peru, like other economies in Latin America, is now among the best performers globally in several areas measured by the World Bank Group report. For example, ten years ago, a Peruvian entrepreneur would have had to spend more than 33 days to register a property transfer. Now it would take her only 6.5 days, less time than in the United States (15 days) or Austria (20.5 days).
Source: World Bank
October 29, 2014--U.S. Bancorp Fund Services (USBFS) is announcing its collaboration with WBI Investments to launch the WBI Shares, a suite of 10 actively-managed exchange traded funds (ETFs).
The ETFs are designed to provide long-term capital appreciation, while protecting capital during unfavorable market periods. The WBI Shares ETFs launched on August 27, 2014 and surpassed $1 billion in assets on its first trading day on NYSE Arca.
Source: U.S. Bancorp Fund Services (USBFS)
