Global ETF News Older than One Year
ETF Securities Weekly Flows Analysis Investors seek to take profits on precious and industrial metals
September 11, 2017--Investors are taking profits on gold and silver as they reach multi months highs
Crude oil ETPs recorded moderate outflows as US refineries recover from storm Harvey
Investors are taking profits on industrial metals after a two-digit price increase year-to-date
Investors reduced their long positions in gold and silver ETPs. We saw US$354.5mn and US$116.7mn out of our gold and silver ETPs respectively last week. The gold price is hovering around its highest level in twelve months, supported by the weakness of the US dollar and stock market declines.
Source: etfsecurities.com
DECPG Global Weekly -September 08, 2017
September 8, 2017--TAKING STOCK
U.S. factory orders dropped in July; non-manufacturing activity rebounded in August
Euro Area GDP growth strengthened in Q2; ECB kept policy unchanged
Japan's Q2 GDP growth was revised down; services PMI eased in August
China's foreign reserves edged up in August; trade surplus fell as exports slowed
Nigeria and South Africa exited recession in Q2
Source: World Bank
Ultumus-Nationwide, Covered call, and equal weighting
September 8, 2017--USA
Global X puts two fads together
ETFs tracking preferred securities have been in vogue of late, so too have covered call ETFs. And now Global X has put the two together in a single product, called the Global X U.S. Preferred ETF (PFFD)....
Goldman Sachs opts for equal weight index
Goldman Sachs is listing an equal weighted large cap tracker in the US, The Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (GSEW)...
Nationwide joins ETF game,br>
Insurance giant Nationwide will be listing three new ETFs in the US that target risk and diversification. They are:
Nationwide Risk-Based U.S. Equity ETF (RBUS)
Nationwide Risk-Based International Equity ETF (RBIN)...
UK
Deutsche Bank cross-lists US sector trackers onto London Stock Exchange
Deutsche Bank has cross-listed six US sector trackers onto the LSX...
Source: ULTUMUS-Financial Data Management
Taiwan Stock Exchange and Nasdaq Sign Memorandum of Understanding
September 8, 2017--The Taiwan Stock Exchange Corporation (TWSE) and Nasdaq Inc. (Nasdaq:NDAQ) have signed a Memorandum of Understanding (MoU) to promote mutual development and foster cooperation between the two companies.
The memorandum also paves the way for both sides to work closely together in expanding their ETF markets, facilitating the cross-listing of ETFs on both the TWSE and Nasdaq markets.
Source: Nasdaq.com
IMF Working paper-The Effect of Leverage on Asset Sales Between Financial Institutions
September 8, 2017--Summary:
This paper analyzes how the leverage of financial institutions affects their demand for assets and the resulting value of transactions between financial institutions.
The results show a positive relationship between buyer capital and the likelihood of buying assets, and between buyer capital and the value of the deal. That is, those institutions that are the least constrained in their ability to raise funding are those that demand assets and pay more for them. This result does not hold, however, for deposit-taking institutions that had access to several government programs designed to improve their liquidity position during the crisis of 2008.
view the IMF Working paper-The Effect of Leverage on Asset Sales Between Financial Institutions
Source: IMF
Teva Crumbles as Check Point & Amdocs Emerge as Israel's New Equity Leaders, and the Israeli Export Sector Surges
September 7, 2017--Israeli Global Equities, as measured by the BIGI(R) index and tracked by the VanEck Vectors Israel ETF (NYSE: ISRA), declined 6.32% in August cutting its YTD performance in half to a 7.41% return.
Israeli equities are now underperforming nearly every major global equity benchmark tracked by BlueStar. BIG(R) is outperforming other broad-based Israeli equity benchmarks in 2017 as the MSCI Israel index is down more than 6% for the year and the TA-125 is up a bit more than 6%.
Source: Blue Star Indexes
IMF Working Papers-Banking on Women Leaders: A Case for More?
September 7, 2017--Summary:
Using a new dataset, we measure the large gap between the representation of men and women in leadership positions in banks and bank supervision agencies worldwide. Women occupied less than 2 percent of bank CEOs positions, and less than 20 percent of the board seats in more than 80 percent of the observations across banks over time.
Contrary to common perceptions, many low-and middle-income countries have a higher share of women in bank boards and banking supervision agency boards compared to advanced economies. Econometric analysis suggests that, controlling for relevant bank and country-specific factors, the presence of women as well as a higher share of women on bank boards is associated with greater bank stability, as represented by higher z-scores and lower nonperforming loan ratios. We also examine the share of women on boards of banking supervision agencies by compiling a new dataset. We find that it is associated with greater bank stability. Further research is needed to identify specific mechanisms through which these stability benefits are achieved, and to understand the conditions that have facilitated entry of women into leadership roles in banks and supervision agencies.
view the IMF Working Paper-Banking on Women Leaders: A Case for More?
Source: IMF
Gold could soon hit $1,400, but downside risks remain, strategists warn
September 7, 2017--Gold is currently trading around $1,340 per ounce. It is up 2.45 percent over the past seven days.
Gold could soon hit $1,400, but downside risks remain, strategists warn
The current period of elevated uncertainty, both in terms of U.S. domestic policy and in foreign diplomacy, is supporting gold prices. Dollar weakness is also supportive.
Yet downside risks remain. If the dollar rebounds, then gold prices would fall.
Source: CNBC.com
Fancy investing in a theme? There's an ETF for that
September 7, 2017--With 447 funds worth nearly $78bn, thematic investing is more popular than ever.
Drones, millennials and the Bible are strange bedfellows. But they have all provided inspiration for fund managers who favour thematic investing, an approach where they select stocks with links to a particular subject rather than a single sector.
Source: FT.com
Crypto Performance 20x Higher Than Traditional Asset Classes
September 7, 2017--Bitcoin and other digital currencies outperformed traditional assets by 20 times in the second quarter, according to a report released Wednesday by CoinDesk.
In the second quarter, Bitcoin returned 150.6% year over year, the report found, and returns for all digital assets were 445%. Global equities returned nearly 15%, followed by U.S. equities at 9.2%, gold at 7.75% and global real estate at 3.2%.
Source: thinkadvisor.com
