|ETFS US Precious Metals Weekly:Precious Metals Rally After Greek Bailout Deal Agreed-continued|
|February 21, 2012--Greek bailout agreement pushes precious metals prices higher.|
Gold, silver, platinum and palladium prices all rallied strongly in early London trade following the news overnight that Eurozone leaders agreed to a €130bn Greek bailout package. The agreement appears to have convinced investors who have been sitting on cash to deploy funds across markets, with silver seeing the strongest immediate price response. Improved sentiment towards Europe has buoyed the Euro/USD exchange rate in recent days, adding further support to precious metals prices.
|While a number of hurdles to pushing the package through remain,
including agreement by individual European country parliaments, it
appears that Greece will – at least for now – avoid the worst case scenario
of a disorderly debt default. The boost to risk sentiment from this
agreement, together with recent improvements in US macro data and
further central banking monetary easing (including China’s 50bp reserve
requirement cut last week) is likely to keep a firm tone to the more cyclical
precious metals such as silver, platinum and palladium.
Gold demand hits 14-year high. In the latest edition of the World Gold Council’s (WGC) Gold Demand Trends released last week, it revealed that gold demand hit a 14-year high of 4067 tonnes in 2011, buoyed by record investment demand. Although investment demand jumped 5% to record levels, jewellery demand partially offset the gains, dropping by 3%. The headline decline in jewellery demand masked an interesting underlying trend: China’s demand surged by 13%, while India, the world’s largest jewellery market, experienced a 14% fall in jewellery demand in tonnage terms. The WGC also notes that Official sector gold purchases are now at a 47-year high. Once a source of gold supply, the official sector bought a multi-decade high of 440 tonnes last year.
Riots threaten PGM production in South Africa. The Rustenberg mine, the world’s largest platinum mine and responsible for 15% of global production, faces prolonged stoppages after riots broke out last week. Implats, the operator of the mine, had re-hired 6,000 of the 17,000 workers it had fired in January 2012 following a strike which the company deemed illegal. Implats has estimated that the 35-day strike has cost the company 60,000 ounces in lost output, around US$155milion. Implats CEO has indicated that production could be restored to normal within’two to four weeks’, however the rioting is deterring workers from returning to their jobs after one reported fatality. The hit to supply has added further impetus to platinum and palladium prices increases.
visit www.etfsecurities.com for more info
|Source: ETF Securities|
|Global ETP News|
|ETFS Precious Metals Weekly-|
|December 9, 2013--Market expectations rise on the FOMC signalling a reduction in bond buying this month. Better-than-expected economic data from the US reignited fears of early tapering by the Fed,keeping commodity price gains in check,particularly precious metals. Despite the US government shutdown,US economic data has been consistently positive. Economic indicators continue to point to a pick-up in US economy,with the November manufacturing and jobs data both surprising on the upside.|
|ETF and ETP Assets Have Surpassed or Are Posed to Surpass Assets Invested in Hedge Funds|
|December 6, 2013--A hedge fund is a fund that can take both long and short positions, use arbitrage, buy and sell undervalued securities, trade futures and options, and invest in almost any asset class or market where it sees opportunities with a goal of delivering absolute returns while minimizing risk and volatility and preserving capital.|
|Deutsche Bank to Shrink in Commodities as Revenue Slides|
|December 6, 2013--Deutsche Bank AG (DBK) is cutting about 200 commodities jobs, joining the world's largest financial firms in reducing headcount to the lowest since 2009 as prices for everything from energy to metals head for the first annual drop since the recession.|
|Launch of Global Learning Exchange on Social Impact Investing|
|Global Learning Exchange on Social Impact Investing(GLE) launched with support of UK Cabinet Office|
With an online platform, monthly virtual meetings and gatherings held alongside World Economic Forum events, the GLE will connect people, ideas and resources for sharing best practices on impact investment
Brings together public officials, investors, philanthropic and civil society organizations, international financial institutions, academics and business leaders
December 5, 2013--The World Economic Forum has launched the Global Learning Exchange on Social Impact Investing (GLE), in collaboration with the Impact Investing Policy Collaborative (IIPC) and the support of the UK Cabinet Office.
|STOXX launches iSTOXX Global ESG Select 100 Index|
|December 5, 2013-- STOXX Limited, a leading provider of innovative, tradable and global index concepts, today introduced the iSTOXX Global ESG Select 100 Index. The new index screens the components of the STOXX Global ESG Leaders Index for high dividend paying companies which also have low volatility, thus creating a hybrid portfolio of ESG, maximum dividend and low volatility strategies.|
|UBS announces changes to Group Executive Board and Corporate Center|
|John Fraser to retire as CEO Global Asset Management business, retaining his position as its Chairman
Ulrich Koerner to become CEO Global Asset Management,
Tom Naratil to become Group Chief Operating Officer in addition to current position as Group Chief Financial Officer. December 5, 2013--UBS (NYSE:UBS)(SWX:UBSN) today announced a number of changes to its senior leadership team and Corporate Center structure.
|World Bank Online: Foreign Investors Increasingly Cautious amidst Ongoing Global Turbulence, MIGA Finds|
|December 5, 2013--Foreign investors are increasingly cautious about investing in developing countries in the face of continued global economic and political turbulence,finds the World Investment and Political Risk 2013 report published by the Multilateral Investment Guarantee Agency (MIGA). A survey conducted for the report finds that macroeconomic instability and political risk rank neck-and-neck as top concerns for investors as they plan over the short and medium terms.|
|OECD Regions at a Glance|
|December 5, 2013--Regions at a Glance 2013 shows how regions and cities contribute to national growth and the well-being of societies.|
|FTSE China 25 Index Will Become The FTSE China 50 Index From 19 September|
|December 4, 2013--In response to evolving market conditions and client demand, FTSE is enhancing the FTSE China 25 Index. The FTSE China 25 Index will be extended to become a 50 stock index, and will be renamed the FTSE China 50 Index.|
|TAIFEX And Eurex Announce Launch Date Of Joint Product Cooperation|
|Eurex To Launch Contracts Based On Taiwan's Main Index TAIEX On 15 May 2014|
December 3, 2013--TAIFEX, the Taiwan Futures Exchange, and Eurex Exchange, the international derivatives marketplace and part of Deutsche Börse Group, today announced their plan to launch the Eurex/TAIFEX Link on 15 May 2014.
|OPEC World Oil Outlook 2013|
|December 4, 2013--On November 7, 2013 OPEC issued the World Oil Outlook 2013. The OPEC World Oil Outlook (WOO) provides projections for the medium-term (to 2018) and long-term (to 2035) on an annual basis for oil demand and supply. It demonstrates that oil will continue to play a major part in satisfying the world's growing energy needs, with amply sufficient oil resources and a diversity of supply sources contributing to world prosperity and to poverty alleviation.|
|South Africa: Economic Growth "Disappointingly Low" in Third Quarter|
|December 3, 2013-The improvement in global economic activity achieved in the second quarter of 2013 was broadly sustained in the third quarter, with real growth easing slightly on account of a moderation in the advanced economies. Growth in the emerging economies remained fairly pedestrian by past standards but inched higher, primarily driven by improved growth in China.|
|Word 'reform' works its magic for China Equity Funds going into December|
|December 3, 2013--China Equity Funds came into 2013 on the back of their biggest quarterly inflow in over a decade and looked to have broken decisively with their BRIC (Brazil, Russia, India and China) peers.|
|European Union: Publication of Financial Sector Assessment Program Documentation|
|Detailed Assessment of Observance of the CPSS-IOSCO Principles for Financial Market Infrastructures|
December 3, 2013--Summary: EXECUTIVE SUMMARY Euroclear Bank is a securities settlement system that contributes to the safety and efficiency of global markets for government bonds and other international securities but also concentrates systemic risk. It is one of the largest securities settlement systems worldwide with a daily average settlement value of around 1.1 trillion euro,providing settlement services for securities from 44 markets in 53 currencies. In particular,Euroclear Bank services the largest,global banks with tri-party repo arrangements to secure their interbank financing.
|IMF Releases Results from 2012 Coordinated Direct Investment Survey|
|December 3, 2013--The International Monetary Fund (IMF) today released preliminary results from its 2012 Coordinated Direct Investment Survey (CDIS), the Fund's worldwide survey of bilateral direct investment positions.1 The survey has been conducted annually since 2009, with revised data released semiannually. The results, published as an online database, comprise preliminary direct investment positions data for end 2012 and revised data for 2009-2011. The 2012 survey includes data from 88 economies, two more than in the 2011 preliminary results.|
|Corruption Perceptions Index 2013: Now is the time for action|
|December 3, 2013--Corruption continues to have a devastating impact on societies and individuals around the world, with more than two-thirds of countries surveyed scoring less than 50 out of 100 in the latest Corruption Perceptions Index (CPI).|
|Average daily volume of 7.5 million contracts at Eurex Group in November|
|December 2, 2013-- In November 2013, the international derivatives markets of Eurex Group recorded an average daily volume of 7.4 million contracts (November 2012: 7.5 million). Of those, 4.9 million were Eurex Exchange contracts (November 2012: 5.0 million), and 2.6 million contracts (November 2012: 2.5 million) were traded at the U.S.-based International Securities Exchange (ISE). In total, 103.4 million contracts were traded at Eurex Exchange and 51.2 million at ISE.|
|Deutsche Boerse Group and Bank of China announce Strategic Cooperation|
|December 2, 2013--Deutsche Börse Group, a leading global market infrastructure provider headquartered in the EU with global customers and operations, and Bank of China, the most internationalized and diversified Chinese bank headquartered in Beijing with comprehensive products and powerful customer networks worldwide, today announced that they have signed a memorandum of understanding regarding a strategic cooperation.|
|ESMA identifies deficiencies in CRAs sovereign ratings processes|
|December 2, 2013--The European Securities and Markets Authority (ESMA) has published a Report identifying a number of deficiencies in the processes for producing and issuing sovereign ratings at the three largest credit rating agencies (CRAs), Fitch Ratings, Moody's Investors Service and Standard & Poor's.|
|China's yuan surpasses euro as 2nd most-used currency in trade finance: SWIFT|
|December 2, 2013--China's yuan currency overtook the euro in October, becoming the second-most used currency in trade finance, global transaction services organization SWIFT said on Tuesday.|
|Hedge funds turn to 'long-only' investing in bid to grow|
|December 2, 2013--Half of hedge funds now sell products traditionally the preserve of mainstream asset managers such as "long-only" strategies, a study shows, reflecting how conservative investors have come to dominate the industry's client base.|
|IMF Working paper-Aggregate Uncertainty and the Supply of Credit|
|December 2, 2013--Summary: Recent studies show that uncertainty shocks have quantitatively important effects on the real economy. This paper examines one particular channel at work: the supply of credit. It presents a model in which a bank, even if managed by risk-neutral shareholders and subject to limited liability, can exhibit self-insurance, and thus loan supply contracts when uncertainty increases.|
|ETFS Precious Metals Weekly-Precious Metals Stabilize on Strong Physical Demand from China|
|December 2, 2013--Chinese physical gold demand reaches second highest level on record.|
Gold rallied last week supported by strong demand from Asia and a weaker US dollar. China's net gold imports from Hong Kong were 129.9 tonnes in October, just shy of the record 130 tonnes in March.
|NASDAQ OMX Trading Statistics November 2013|
|December 2, 2013--NASDAQ OMX today publishes monthly trade statistics for the Nordic1 and Baltic2 markets.|
|State Street custodian bank delves into data mining|
|December 1, 2013--With low interest rates crimping its net interest margins, State Street is the latest custodian bank to attempt to drive its sluggish revenues higher by moving into data mining.|
|OPEC Monthly Oil Report November 2013|
|December 1, 2013--Oil Market Highlights|
The OPEC Reference Basket declined by $2.04 to $106.69/b in October after four consecutive months of gains. All Basket component values moved lower, but by varying degrees. Most components were affected by high crude oil inventories, as refineries entered into autumn seasonal turnaround and refining margins remained low.
|London Stock Exchange to quit World Federation of Exchanges|
|November 28, 2013--London Stock Exchange Group is to resign from the World Federation of Exchanges, the main trade association for global bourses, according to two people familiar with the situation.|
|E-gold Founder Backs New Bitcoin Rival That Will Have Gold Reserves|
|November 28, 2013-- Now this is an interesting e-currency. FT reports:
The founder of one of the earliest virtual currencies has re-emerged with a rival to Bitcoin, more than five years after his first venture, e-gold, was shut down by the US Department of Justice.
|IOSCO Research launches statistics web portal on securities markets|
|November 28, 2013--The Research Department of the International Organization of Securities Commissions today launched a statistics web portal that provides the public with a global overview of specific securities markets.|
|Nasdaq to sign agreement with Istanbul Stock Exchange|
|November 27, 2013--Nasdaq and ?stanbul Stock Exchange will sign the technological cooperation agreement on December 11 at ?stanbul. In the first stage of the negotiation CEO Robert Greifeld will come Turkey for the first time to sign agreement.|
|Setting the standard for a safer, more trusted financial services sector|
|Report identifies need for voluntary standards within Financial Services with majority of professionals in sector calling for more voluntary standards|
November 26, 2013-- The financial services industry is failing to adopt voluntary standards crucial to rebuilding trust in banking, despite overwhelming support from those working in the sector.
|China seeks closer ties with France through yuan markets|
|November 26, 2013--Senior officials of China and France have agreed to promote the development of the offshore yuan market in Paris and seek closer bilateral economic relations.|
|As Greece Joins Emerging Markets Index, Some are Wary|
|November 26, 2013--Wednesday marks Greece's return to a widely tracked emerging-markets stock index after a 12-year absence, but some fund managers aren't enthused.|
|Gold price in a range of currencies since December 1978 XLS version|
|November 25, 2013--Excel file of gold price charts and data-Updated weekly in 19 curriences: US dollar, Euro, Japanese yen, Pound sterling, Canadian dollar, Swiss franc, Indian rupee,|
|DTCC Limit Monitoring To Provide an Early Warning System to Help Indentify Unusual Trading Activity and Trading Limit Breaches|
|November 25, 2013--The Depository Trust & Clearing Corporation (DTCC) announced that National Securities Clearing Corporation (NSCC) has filed a proposed rule change with the Securities and Exchange Commission (SEC) to provide its members with a new tool designed to serve as an early warning system that alerts those firms to trading activity that is nearing defined trading limits.|
|NASDAQ OMX Announces Leadership Transition in U.S. Transaction Services Business|
|Eric W. Noll to Join ConvergEx Group, LLC as President|
November 25, 2013--NASDAQ OMX today announced that Eric W. Noll, Executive Vice President, Transaction Services U.S. and U.K., will be leaving the company to accept an offer to become President and the next Chief Executive Officer of ConvergEx Group.
|Mapping Global Islamic Development-report|
|November 25, 2013--The Islamic Finance Development Report is an annual barometer of the health and development of the Islamic finance industry worldwide. The report is based on the ICD Thomson Reuters Islamic Finance Development Indicator, the first global Indicator focused on the development of the Islamic finance industry.|
|Islamic food, lifestyle market to hit $1.6 trillion|
|November 25, 2013--Muslim consumer expenditure globally on food and lifestyle sectors,, estimated at $1.62 trillion in 2012, is expected to reach $2.47 trillion by 2018, a report said.|
|ETFS Precious Metals Weekly-Precious Metals Sell-Off Excessive as Markets Yet Again Speculate on Early Fed Tapering|
|November 25, 2013--Fed tapering speculation knocks metals prices down to long-term attractive accumulation levels. Precious metals prices fell across-the-board last week as markets focused on the possibility that Fed tapering of bond buying may occur sooner than expected. Minutes released last week from the recent FOMC meeting noted that they may reduce the $85 billion in monthly bond purchases "in coming months" if the economy continues to improve.|
|Terrapin Asset Management LLC Announces Acquisition of Hennessee Group's Hedge Fund Advisory Business|
|November 25, 2013--Terrapin Asset Management, LLC ("Terrapin") publicly announced today that it acquired the hedge fund and private equity fund advisory business of Hennessee Group LLC ("Hennessee").|
|EPFR Global News Release-Fund flows and Fed both sending mixed signals about taper timeline for QE3|
|November 22, 2013--The third week in November kicked off with Janet Yellen, who is on course to succeed Ben Bernanke as heads of the US Federal Reserve, telling a Senate committee that the benefits of the Fed's current quantitative easing program (QE3) still outweigh the costs.|
|DECPG Weekly Global Economic Brief|
|November 22, 2013--Growth in the developing world was on balance stronger in the third quarter of 2013, despite financial market tensions and slightly weaker momentum in high income countries. The share of developing countries in global bond markets has increased steadily since 2009. This may reflect the very loose monetary policy during this period and opens up the possibility of a reversal when global financing conditions tighten.|
|Money funds at risk of big drop in assets|
|November 21, 2013--Global money market funds are projected to lose around a third of their assets under management next year as the combined forces of record low interest rates and new regulations batter the multi-trillion dollar industry.|
|Global investors say it's too soon to buy emerging markets|
|November 20, 2013--Leading fund managers are reluctant to invest broadly in emerging markets next year as many major developing economies suffer from sluggish growth and weak corporate earnings.|
|SWIFT Index anticipates a strong start to 2014 for the UK and US economies|
|November 20, 2013--SWIFT, the financial messaging provider for more than 10,000 financial institutions and corporations in 212 countries and territories, today forecasts continued momentum in the growth of the UK and US economies.|
|ICE to Buy Singapore Mercantile Exchange for $150 Million|
|November 19, 2013-IntercontinentalExchange Group Inc. (ICE) agreed to buy Singapore Mercantile Exchange Pte for $150 million to add commodity futures trading in Asia, where China reigns as the biggest user of everything from energy to metals.|
|US investors find their way back to Europe|
|November 19, 2013-Two years ago in the midst of the eurozone sovereign debt crisis, US investors were fleeing from the region's financial sector in droves, plagued by fears that some lenders were on the brink of disaster and the economy was in tatters.|
|Exclusive: Barclays weighs index unit sale after MSCI approach-sources|
|November 19, 2013--Barclays Plc is exploring options for its index business after equity index provider MSCI Inc approached the British bank recently about buying the unit, according to several people familiar with the situation.|
|New Book Looks at Major Trends and Challenges in Geopolitics|
|What's Next: Essays on Geopolitics that Matter' Volume 2' is a series of essays on the latest trends and challenges in geopolitics|
Topics covered include US-China relations, the China-Russia dynamic, events in the Middle East and the rise of popular politics
Unconventional energy in North America and its implications on global energy markets are also examined
November 19, 2031--What's Next: Essays on Geopolitics that Matter, Volume 2, is the latest book published by the World Economic Forum,s Global Agenda Council on Geopolitical Risk that examines the major trends and fault lines shaping geopolitics today.
|World Bank-Infographic: Carbon Markets of the World|
|November 18, 2013--The World Bank Infographic: Carbon Markets of the World is available for viewing.|
|World Bank-Damages from Extreme Weather Mount As Climate Warms|
|New Report Calls for Greater Investment in Managing Climate and Disaster Risk|
November 18, 2013--As the global climate continues to change, the costs and damages from more extreme weather related to a warming planet are growing. While all countries are impacted, developing nations bear the brunt of mounting losses in lives and livelihoods from increasingly severe floods, droughts, and storms.
|ESMA finalises clearing and risk mitigation obligations for non-EU OTC derivatives|
|November 18, 2013--The European Securities and Markets Authority (ESMA) has issued final draft regulatory technical standards (RTS) related to derivative transactions by non-European Union (EU) counterparties. The RTS implement provisions of the Regulation on OTC derivatives, central counterparties and trade repositories (EMIR).|
|STOXX launches EURO STOXX 50 Futures Roll Index|
|November 18, 2013--STOXX Limited, a leading provider of innovative, tradable and global index concepts, today introduced the EURO STOXX 50 Futures Roll Index. The new index measures the return of a hypothetical, rolling portfolio invested into a series of EURO STOXX 50 futures contracts. It is designed to underlie exchange-traded funds and other investable products, and to act as a benchmark for actively managed funds.|
|FSB publishes the Principles for an effective risk appetite framework and consults on Guidance on Supervisory Interaction with Financial Institutions on Risk Culture|
|November 18, 2013--The Financial Stability Board (FSB) has today published two papers to assist supervisors in strengthening risk management practices at financial institutions:|
1) Principles for an Effective Risk Appetite Framework- finalised document; and
2)Guidance on Supervisory Interaction with Financial Institutions on Risk Culture-for public consultation.
|ETFS Precious Metals Weekly-China Bullishness and Central Bank Dovishness Support Precious Metal Rally|
|November 18, 2013--China balanced growth focus,Fed and ECB dovishness supportive of precious metals prices. Risk assets continued to outperform last week as the S&P 500 rallied to new highs. The gold price also rose despite an increase in outflows from gold ETP's as dovish comments from likely future Fed Chairman Janet Yellen, together with poor euro-area GDP growth numbers and weak inflation supported gold and bond prices towards the end of the week.|
|Connecting the Right Data is Key to Managing Sustainability|
|The world has the data it needs to manage sustainability, but finding and connecting it remains a challenge, new report argues|
Open approach to data and greater collaboration on standardization would boost sustainability efforts World Economic Forum Global Agenda Council on Measuring Sustainability collaborates with Commonwealth Scientific and Industrial Research Organisation (CSIRO) of Australia on report.
November 18, 2013--The fight against climate change is being hampered by a lack of awareness among decision-makers on how best to measure the sustainability of resources, according to a report, Designing for Action: Principles of Effective Sustainability Measurement, published today by the World Economic Forum Global Agenda Council on Measuring Sustainability.
|RBS in talks to sell equity derivatives business|
|November 18, 2013--Royal Bank of Scotland (RBS.L) said it was in talks to sell its retail investor products and equity derivatives (IP & ED) business, as it slims down its investment bank.|
|Liquidity fears put regulators on the offensive|
|November 17, 2013--Regulators in the US and Europe have raised concerns that asset management groups are promising investors liquidity terms they cannot meet.|
|Income Gap and Unemployment to Dominate International Agenda in 2014|
|The Outlook on the Global Agenda 2014 finds structural unemployment, widening income gaps and falling confidence in economic policies among the top ten trends for world leaders in 2014
Tension in the Middle East and North Africa and inaction on climate change also rated as top concerns
The Outlook report, which is based on a survey of more than 1,500 global experts, represents a unique attempt to map the consequences of the world's challenges in 2014
November 15, 2013--An urgent need to address long-simmering economic problems such as widening income gaps and structural unemployment, coupled with growing concerns over the quality of economic policies and tension in the Middle East and North Africa, rank among the Top 10 trends for world leaders in 2014
|EPFR Global News Release-Europe and Emerging Markets Fund flows keep heading in opposite direction|
|November 15, 2013--The second week of November saw EPFR Global-tracked Emerging Markets Equity Funds post their biggest outflow since late June and investors pull money out of Emerging Markets Bond Funds for the 24th time in the past 25 weeks as stronger than expected 3Q13 GDP numbers from the US rekindled fears that 'tapering' of the Federal Reserve's current quantitative easing program could begin early next year.|
|Investing in Platinum: Demand to Hit Record High in 2013-Money Morning|
|November 15, 2013--Industrial firms, Wall Street hedge funds, and any big money investing in platinum anxiously await Johnson Matthey's semi-annual review of the platinum industry-and they got incredibly interesting reading in the group's most recent report, released Tuesday.|
|SPDR Market Commentary-Weekly Market Report|
|November 15, 2013--ECONOMIES: Industrial production slips in the US. Exports rise in Canada. Unemployment and inflation fall in the UK. GDP rises weakly throughout the eurozone. Growth slows in Japan. Wage inflation slows in Australia.
MARKETS: Expectations for easy money support equities and bonds. JPY weakens while EUR strengthens. Oil (Brent) jumps on Iran disappointment and Libya concerns.
|ETFS Research Note-The Increasing Attraction of the Other Precious Metals|
|November 15, 2013--Gold has corrected for the first time in 13 years as the US equity market has achieved new highs
The gold correction is providing an opportunity for investors to reweight and/or diversify into the more industrial precious metals, or a broader basket of precious metals
Silver, platinum and palladium,the more industrially orientated precious metals, are more likely to benefit from improving global growth
|IEA releases Oil Market Report for November|
|Record production elsewhere more than offsets plunge in OPEC output; European refinery runs hit two-decade low |
November 14, 2013--Record-high non-OPEC output lifted global oil supplies by 600 000 barrels per day (600 kb/d) in October to 91.8 million barrels per day (mb/d), the IEA Oil Market Report for November informs subscribers.
|New record high: Global ETF and ETP assets hit US$2.3 trillion in October|
|November 14, 2013--October marked another month of strong inflows with global ETFs/ETPs. Combining the US$32.6 billion of net inflows with positive market performance during the month, global ETF/ETP assets reached a new record high of US$2.3 trillion, according to ETFGI's October 2013 Global ETF and ETP industry insights report.|
|MSCI futures to boost derivatives sector-Dt.Bank|
|Listing of MSCI futures boosting derivatives flow-Dt Bank
Derivatives sector faces tougher rules after 2008 crisis
November 14, 2013--The increasing use of MSCI futures products is increasing trading flows in the $630 trillion global derivatives industry, Deutsche Bank said on Thursday, in a trend which may boost revenues for exchanges and buoy a sector facing regulatory pressure.
|Governments can do more to regain trust, says OECD report|
|November 14, 2013--The global economic crisis has undermined trust in government. Today only four out of ten citizens in OECD countries say they have confidence in their national authorities. Not surprisingly, trust declined in the countries hit hardest by the crisis, such as Ireland, Greece, Slovenia and Portugal.|
|Vanguard slashes costs on two passive funds|
|Vanguard cuts fee on Emerging Markets Stock Index tracker and Global Bond Index tracker|
November 14, 2013--Vanguard Asset Management has slashed the cost of two of its tracker funds.
|SSgA-Global ETF Snapshot-October 2013|
|November 14, 2013--STATE STREET GLOBAL ADVISORS HIGHLIGHTS, OCTOBER 2013|
ETF Industry Detail
GLOBAL ETF LISTING REGION
The United States had over $26.6BN of inflows in the month October, increasing its year-to-date inflows to $152.9BN.
Europe experienced inflows of $4.0BN in October, increasing its year-to-date inflows to $13.5BN, while APAC had inflows of $4.8BN, increasing its year-to-date inflows to $12.7BN.
|BNY Mellon Consultant 360 now available|
|November 14, 2013--The BNY Mellon Consultant 360 Volume lV 2013 is now available.|
|PwC-How global tax reforms might impact ETF efficiency: A look at the implications for ETF strategy and structuring|
|October 14, 2013--At a glance
Due to their low costs and potentially greater tax efficiency, ETFs offer a very efficient return to investors. ETFs' tax advantages have contributed to their strong competitive position and growth.
|PwC-The next generation of ETFs: Why every asset manager needs an ETF Strategy|
|November 14, 2013--At a glance
Exchange traded funds (ETFs) have enjoyed two decades of explosive growth. Evolving and proliferating as they attracted new users, ETFs went from a single vehicle providing exposure to large cap US equities to thousands of products representing a dizzying range of asset classes and strategies.
|Charles Stanley to acquire Redwood's Evercore Pan Asset|
|November 14, 2013--Charles Stanley has agreed a deal to buy Evercore Pan Asset Capital Management, the passive portfolio specialist co-founded by John Redwood MP.|
|Will 2014 mark the return of the gold ETF investor?|
|November 14, 2014--In the first nine months of the year, physical gold ETFs saw almost 700 tonnes in redemptions.|
|ETF outflows pull gold demand lower in Q3-WGC|
|November 14, 2013--During the period, 118.7 tonnes of gold flowed out of ETFs but the reasons for the outflows were a continuation of the factors that saw over 400 tonnes leave in Q2|
November 14, 2013--Gold demand fell 21% in volume terms during the third quarter of 2013, the World Gold Council says, driven lower by continued outflows from ETFs.
|FSB Publishes Global Shadow Banking Monitoring 2013|
|November 14, 2013--The Financial Stability Board (FSB) is publishing today its third annual Global Shadow Banking Monitoring Report.|
|DECPG Weekly Global Economic Brief|
|November 14, 2013--A broadly-based recovery remains elusive. While orders for capital goods are picking up in the Euro Area, they have slowed in the United States, reflecting fiscal and monetary policy uncertainties, and are declining for developing countries considered as a whole. With a few exceptions, monetary policy in developing countries has continued to ease.|
|World Gold Council-Gold Demand Trends Q3, 2013 Infographic.|
|November 14, 2013--The World Gold Council has published the Gold Demand Trends Q3 2013 Infographic.|
|ICE Completes Purchase of NYSE|
|Creates the Leading Network of Global Derivatives and Equity Exchanges
Focused on Driving Benefits for Markets and Shareholders
November 13, 2013--- IntercontinentalExchange Group, Inc. (NYSE: ICE), the leading global network of exchanges and clearing houses, today announced the successful completion of its previously announced acquisition of NYSE Euronext (NYSE: NYX).
|PwC report-ETFs: How innovators and regulators are shaping growth in the Asset Management industry|
|November 13, 2013--October 2013--At a glance
As ETFs enter their next phase of growth, much rests on the actions of the regulators. Innovation created ETFs and equipped them to achieve their huge success through flexible, inexpensive and tax-efficient tracking of broad-based market indices.
|Rolet targets Asia for LSE growth|
|November 13, 2013--The chief executive of the London Stock Exchange said today that Asia represented a "big opportunity" for its future plans, but admitted that regulatory restrictions would limit opportunities to partnerships, , rather than acquisitions.|
|REFILE-Multi-national ratings agency to launch as alternative to Big Three|
|November 12, 2013--Credit ratings organisations from five countries are launching a new global agency, touting it as an alternative to the Big Three agencies which they say no longer meet the needs of the new globalised world.|
|Analysis: London, Dubai, Kuala Lumpur in three-way fight for Islamic finance crown|
|November 12, 2013--When the British government said last month it would issue its first Islamic bond, the implications went far beyond the debt market: it was a signal that London will not back down in an escalating tussle among cities for Islamic financial business.|
|Opec ticks up 2013 oil demand forecast|
|November 12, 2013--The Opec oil cartel on Tuesday increased its forecast for oil demand growth in 2013 on expectations of better-than-expected improvement in developed country economies.|
|Platinum faces huge deficit|
|November 12, 2013--Strong investment and industrial demand will push the platinum market in 2013 into its biggest deficit since 1999, refiner Johnson Matthey said on Tuesday.|
|Corporate Governance makes future difference for private equity industry in China study says|
|November 12, 2013--A joint study from Deutsche Börse and CMS Hasch Sigle shows that the quality of investments becomes more important. As a result of the slowing Chinese Economy, of closed IPO exit channels and of the increasing competition in many sectors of the economy the level of Corporate Governance of the companies can make the difference between good and mediocre returns.|
|NYSE Euronext Monthly ETF Activity Report|
|November 12, 2013--Listings
There were 3 new ETF listings in October: 2 Lyxor ETFs, and 1 EasyETF.
ETF Trading name:
LYXOR ETF CSI300 A Symbol: CSIA
ETF Trading name: VOLATILITY ARB US Symbol:EVAUS
ETF Trading name: LYXOR ETF LTM PEA Symbol: LTMP
|A new EDHEC study shows that LTGA calibration continues to favour short-duration bonds and could undermine the financial stability and financing of both sovereigns and corporates|
|November 12, 2013--Discussions on the Omnibus II Directive have been in deadlock since July 2012. The main points of contention relate to the integration of ALM mechanisms into the standard formula.|
|iSTOXX (R) Efficient Capital(R) Managed Futures 20 Index October 2013-Monthly Report & Commentary|
|November 12, 2013--The iSTOXX(R) Efficient Capital(R) Managed Futures 20 Index, developed by STOXX Limited in collaboration with Efficient Capital(R) Management, a leading provider in the Managed Futures space, represents the performance of 20 of the largest Managed Futures Traders. Strict rules about minimum assets under management, existing track record and fee structure are applied to the initial universe of CTAs to ensure market representativeness.|