PBOC lowers renminbi trading band
September 28, 2017--The People's Bank of China set the renminbi's trading band at 6.6369 after its easing of controls on capital outflows allowed the currency to slip to a five-week low.
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Source: smartbrief.com
Daiwa Asset Management selects FTSE Blossom Japan index for ESG ETF
September 26, 2017--First ETF to be tracking FTSE Blossom Japan Index will list on Tokyo Stock Exchange
FTSE Blossom Japan Index is constructed using FTSE Russell's ESG Ratings data model
Growing trend among asset owners to integrate ESG considerations into passive investment strategies
c.$562 billion ETF AuM linked to FTSE Russell indexes globally
FTSE Russell announces the licencing of the FTSE Blossom Japan Index to Daiwa Asset Management. The Daiwa ETF FTSE Blossom Japan Index (ticker: 1654), listed on Tokyo Stock Exchange today and is part of a new range of ESG-focused exchange traded funds (ETFs). The ETF is also the first to be tracking the FTSE Blossom Japan Index, which was launched in July this year. Daiwa Asset Management is one of the largest providers of ETFs in Japan and currently has 35 ETFs with around JPY5.4 trillion in assets under management (as of 21 September).
< href="http://www.ftserussell.com/files/press-releases/daiwa-asset-management-selects-ftse-blossom-japan-index-esg-etf" TARGET="_blank">view more
Source: ftserussell.com
MarketAxess Approved as Recognised Market Operator By Monetary Authority of Singapore
September 25, 2017--MarketAxess Holdings Inc. (Nasdaq:MKTX), the operator of a leading global electronic trading platform for fixed-income securities, and the provider of market data and post-trade services, today announced approval by the Monetary Authority of Singapore (MAS) to operate as a Recognised Market Operator (RMO).
This approval marks a significant milestone for the continuing growth of MarketAxess in the region as Asian-based investor and dealer clients are rapidly adopting the efficiencies electronic trading solutions can bring to the market, with the number of active firms in Asia growing over 50% in the last 12 months.
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Source: MarketAxess
Calls for a freer yuan from inner circle of China's central bank
September 25, 2017--Current 'stable market' provides a window of opportunity for move to be made, as long as policymakers are willing, report says
China could be heading towards a free-floating currency after a group of economists-including officials from the central bank-suggested the time was ripe for such a move.
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Source: South China Morning Post
S&P Cuts China's Credit Rating, Citing Risk From Debt Growth
September 21, 2017--Reduction comes just before key 19th Party Congress next month
Credit growth 'diminished financial stability' S&P says
S&P Global Ratings cut China's sovereign credit rating for the first time since 1999, citing the risks from soaring debt, and revised its outlook to stable from negative.
view more ETF Securities Australia Targets Growth in Robotics & Automation with Global Robotics ETFs view more ETFGI reports assets invested in ETFs and ETPs listed in Japan have increased 35.4% in 2017 to reach a new record of 235 billion US dollars at the end of August 2017 Central bank official says China keen to promote use of yuan in commodity pricing view more Former BlackRock Execs Target Hong Kong ETFs Where Others Failed-Bloomberg view more If you are looking for a particuliar article and can not find it, please feel free to contact us
September 20, 2017--China's bid to rein in appreciation pressure on the yuan will get a helping hand from dollar today' and also provide the market with some valuable intelligence.
How far the People's Bank of China lets the yuan pull back during this session could indicate to traders the level they’re comfortable with right now.
Source: Bloomberg
September 20, 2017--ETF Securities Australia, part of the ETF Securities Group, has created the first exchange-traded fund (ETF) in Australia giving investors access to global companies focusing on robotics, automation and artificial intelligence (AI) technologies.
ETFS has teamed up with US-based specialist robotics and automation index and research provider ROBO Global to launch the ETFS ROBO Global Robotics and Automation ETF (ASX code: ROBO).
Source: ROBO Global (R)
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 ETFs/ETPs listed in Japan have increased 35.4% in the first 8 months of the year to reach a new record of US$235 billion at the end of August 2017, according to ETFGI's August 2017 Japanese ETF and ETP industry insights report an annual paid for research subscription.
The Japanese ETF and ETP industry had 190 ETFs/ETPs, with 235 listings, assets of US$235 Bn, from 21 providers on 2 exchanges.view more
Source: ETFGI
September 19, 2017--Beijing studying 'market rules and mechanisms to meet demand from investors' deputy head of monetary policy committee says
China is keen to raise the profile of its currency in the pricing of commodities, according to a central bank official.
Source: South China Morning Post
September 19, 2017--Premia Partners sees smart-beta as key for China-focused funds
Move follows Hong Kong retreat by BlackRock, Deutsche Asset
Former executives at BlackRock Inc. think they've found a way to succeed with Chinese exchange-traded funds where their erstwhile employer failed to gain traction -in Hong Kong.
The key, in a phrase, is multi-factor smart-beta.
Source: Bloomberg