Millennials Value Financial Planning as Much as a Bonus-continued

July 23, 2018--They also believe having an adviser they can trust is important for their financial confidence.
Seventy-five percent of Millennials say they would attend an in-person financial seminar, compared to 69% of Gen X and 62% of Baby Boomers, a survey by Guardian found.
Additionally, 87% of Millennials say that if they knew more about financial services and products, they would be more confident about reaching their financial goals. Nearly 100% of Millennials who have a financial plan and are on track to meet their financial goals say knowing more about financial products and services helps their confidence.

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Source: planadviser.com

Global ETP News
Most IoT Solutions Fail -But Six Are Primed for Worldwide Adoption and Impact
September 20, 2018--New roadmap to accelerate global impact of internet of things (IoT) technologies, in six clusters
IoT solutions will not necessarily replace humans
China and wider Asia region will be among greatest beneficiaries
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Basel Committee finalises stress-testing principles, reviews ways to stop regulatory arbitrage behaviour, agrees on annual G-SIB list, discusses leverage ratio, crypto-assets, market risk framework and implementation
September 20, 2018--The Basel Committee on Banking Supervision met in Basel on 19-20 September to discuss a range of policy and supervisory issues, and to take stock of its members' implementation of post-crisis reforms.
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The 'Blue Economy' and its vast potential
September 20, 2018--MANY investors are fascinated by the allure of the Blue Economy which aims to harness-potentially-trillions of dollars of the assets of the oceans, while its spin-off idea of Blue Bonds is making a splashy start.
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BIS-Frequently asked questions on the liquidity risk treatment of settled-to-market derivatives
September 20, 2018--The Basel Committee today issued responses to Frequently Asked Questions (FAQs) related to the treatment of settled-to-market (STM) derivatives under the Liquidity Coverage Ratio (LCR) and Net Stable Funding Ratio (NSFR).
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IOSCO issues policy measures to protect investors of OTC leveraged products
September 19, 2018--The Board of the International Organization of Securities Commissions (IOSCO) today issued a final report providing measures for securities regulators to consider when addressing the risks arising from the marketing and sale of OTC leveraged products to retail investors.
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IOSCO guidance addresses conflicts of interest and conduct risks in equity capital raising
September 18, 2018--The Board of the International Organization of Securities Commissions (IOSCO) today published guidance to help its members address conflicts of interest and associated misconduct risks that may arise and undermine the equity capital raising process.
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Markets Committee analyses changes in fast-paced electronic markets
September 17, 2018--Trading in foreign exchange and other fast-paced electronic markets is increasingly spread across a range of platforms, with non-bank intermediaries, most notably principal trading firms, gaining a stronger foothold. In addition, access to data and data-centric technologies increasingly defines competitive and market structure changes, a Markets Committee report shows.
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Robo advisers short circuit over ethical investing
September 13, 2018--A rift is emerging between rival robo advisers over the suitability of ready-made ethical investment portfolios, with several platforms arguing that the market is not mature enough to support fully diversified products.
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FTSE Russell to decide on China A-shares inclusion "very soon"
September 13, 2018--FTSE Russell will decide in the coming weeks whether to include China-listed equities in its indices, the index provider's chief executive said.
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Global Financial Centres Index 24
September 12, 2018--Today Z/Yen Partners and the China Development Institute(CDI) publish the twenty-fourth Global Financial Centres Index (GFCI 24).
Not for the first time, New York took first place in the index, just two points head of London. However both centres fell slightly in the ratings.
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IMF Working Papers-Dollarization and Financial Development
September 11, 2018--Summary:
Despite significant strides in financial development over the past decades, financial dollarization, as reflected in elevated shares of foreign currency deposits and credit in the banking system, remains common in developing economies. We study the impact of financial dollarization, differentiating across foreign currency deposits and credit on financial depth, access and efficiency for a large sample of emerging market and developing countries over the past two decades.
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Fidelity raises stakes in price war
September 9, 2018--A shockwave hit the investment industry in August when asset manager Fidelity launched the first US zero-fee index-tracking mutual funds.
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BlackRock to expand its private investment activities
September 9, 2018--BlackRock plans to ramp up its private investment activities, concerned that the US stock market is being shrunk by the surge in buybacks.
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How Mifid II is reshaping the trading landscape
September 9, 2018--Companies are facing challenges over transparency around liquidity and best execution.
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Trade war fears spook mutual fund investors
September 8, 2018-- Investment industry heads for one of its worst years since the financial crisis.
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The World Federation of Exchanges calls for global reform of Leverage Ratio
September 7, 2018--The World Federation of Exchanges ("WFE"), the global industry group for CCPs and exchanges, has today published its response to the four global standard-setting boards assessing the effectiveness of incentives to centrally clear over-the-counter (OTC) derivatives.
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DECPG Global Weekly
September 7, 2018--U.S. trade deficit widened in July; non-farm job growth rebounded, and manufacturing PMI improved in August
Euro Area GDP growth was confirmed at 0.4 percent in 18Q2; composite PMI edged up in August
Activity in Japan's services sector accelerated in August
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Global Trading Activity in August Solidly Outpaced the Prior-year Period
September 7, 2018--Despite the seasonal summer slowdown, global trading activity in August continued to outpace the prior-year period. Average daily volume (ADV) for Tradeweb Markets of $496 billion (bn)-across rates, credit, money markets and equities-in August 2018 increased 38.0 percent (%) year over year (YoY).
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World Gold Council-Outflows in gold-backed ETFs continued in August
September 6, 2018--Holdings in global gold-backed ETFs and similar products fell by 40t to 2,353t in August-the third consecutive month-pushing assets under management (US$ AUM) down 3% relative to July
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Monday Morning Memo: Is it only about fees and expenses in the funds industry?
September 3, 2018--Fees and expenses in the mutual funds industry are a hot topic for investors and market observers around the world. In some cases discussions are going so far that one could get the impression that fees and expenses are the only criteria an investor should use when selecting a mutual fund or ETF.
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Investment World Bank to increase clarity around impact investing
September 1, 2018--The World Bank body that promotes investment in developing countries has created a definition of impact investing to try to stop organisations wrongly using the strategy's popularity for gain.
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'Time is on Beijing's side’: China, not Trump, will triumph in trade war, former top Chinese officials say
August 29, 2018--The real stakes are much higher than trade practices and China must gain control over core technology, economist says
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IMF Working Paper-Banking in a Steady State of Low Growth and Interest Rates
August 27, 2018--Summary:
A prolonged low-interest-rate environment presents a significant challenge to banks and is likely to entail major changes to their business models over the long-run. Lower returns to maturity transformation in the face of flatter yield curves and an inability to offer deposit rates significantly below zero combine to compress bank earnings in this environment.
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Vanguard nips at BlackRock's heels for fund crown
August 26, 2018--Money manager attracted $112bn of net new flows in first half while bigger rival brought in $77bn.
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First Bridge Data-ETF Global Snapshot-Aug 2018-Upcoming GICS changes
August 23, 2018--The GICS sector changes announced in 2017 will become effective on September 28, 2018. The changes impact some of the world's most traded stocks.
Blackrock pruned its US product line by closing 16 ETFs with low asset levels.
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World Gold Council-Gold recoils amid selloff but may rebound
August 23, 2018--Gold fell to a 20-month low amid sharp EM currency depreciation. At these levels, we believe the gold price may bounce back. Consumer demand is likely to be supportive in H2.
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World Bank exceeds expectations with world-first blockchain bond: CBA
August 23, 2018--The world's first public bond created and managed using only blockchain had support from seven investors, Commonwealth Bank of Australia, the sole lead manager of the deal said on Friday, helping raise A$110 million ($80.48 million) for the World Bank.
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