|Financial Services Study Reveals Emerging Tech-driven Systemic Risks-continued|
|October 28, 2021--Rapid technology adoption is giving rise to new risks, as exemplified by increased cyber attacks, operational disruptions and algorithmic biases|
Seemingly isolated risks must be addressed before they grow and spread across the ecosystem
The findings compel financial institutions, financial and non-financial technology firms, policy-makers and regulators to work collectively on mitigation approaches
|Accelerated technology adoption in the financial services sector is creating new systemic risks to the global financial system, according to a new report. Beneath the Surface: Technology-driven systemic risks and the continued need for innovation is the first publication in the World Economic Forum's two-part Technology, Innovation and Systemic Risk research initiative.
Prepared in collaboration with Deloitte, the report explores the relationship between increased technology adoption and the potential shock of cascading risk factors - for example, the domino effect that can result when hackers, disasters or geopolitics expose interconnected financial systems to a growing array of known and unknown vulnerabilities. The research additionally examines actions that can address identified risks, including the role that technology itself can play in mitigation approaches.
|Global ETP News|
|Bitcoin's dominance declines as altcoins take over|
|January 19, 2022--Bitcoin's dominance declines as altcoins take over|
A decade ago, crypto investors had a choice of one-bitcoin.
In the following years, a host of new cryptos were launched, such as Litecoin (LTC) and Ethereum (ETH), each offering novel features and use cases that were lacking in bitcoin (BTC).
|Net growth in ETF numbers almost doubles to a record 1,239 last year|
|January 17, 2022--Robust markets limit fund closures and spur optimism in new launches
The global exchange traded fund industry not only attracted record inflows it also racked up extraordinary growth in the breadth and depth of its offering last year.
|Nearly half of City GDP at Risk of Disruption from Nature Loss, New Report Finds|
|January 16, 2022-Nearly half of City GDP at Risk of Disruption from Nature Loss, New Report Finds
Cities can take a leading role in unlocking economic opportunities with Nature-based Solutions
44% of GDP in cities around the world -$31 trillion- is at risk of disruption from nature loss
A new roadmap to help cities adopt Nature-based Solutions for urban infrastructure to optimise spend and supercharge sustainable growth
|BlackRock hits $10tn in AUM driven by strong Q4 inflows|
|January 14, 2022-BlackRock has become the first asset manager to cross the $10tn mark after the group's 2021 net flows hit a three-year high.
BlackRock has reached the $10tn milestone in assets under management, buoyed by $540bn in total net flows over the course of 2021, according to the firm's latest quarterly earnings report.
|BlackRock makes cuts to fees on $35bn in bond ETFs|
|January 13, 2022--Reduction bring charges on the iShares MBS ETF in line with its biggest competitors|
BlackRock has shaved fees on two bond ETFs amid strong flows and price competition.
|IOSCO consults on lessons learned from the operational resilience of trading venues and market intermediaries during the pandemic|
|January 13, 2022-- The Board of the International Organization of Securities Commissions (IOSCO) is requesting feedback on the lessons learned regarding the operational resilience of trading venues and market intermediaries during the COVID-19 pandemic.|
|Monetary Finance: Do Not Touch, or Handle with Care?|
|January 13, 2022--Summary:
This paper reviews the theoretical arguments in favor and against MF and presents an empirical assessment of the risks that it may pose for inflation.
|Crypto Prices Move More in Sync With Stocks, Posing New Risks|
|January 11, 2022--There's a growing interconnectedness between virtual assets and financial markets.
Crypto assets such as Bitcoin have matured from an obscure asset class with few users to an integral part of the digital asset revolution, raising financial stability concerns.
|Global Growth to Slow through 2023, Adding to Risk of 'Hard Landing' in Developing Economies|
|January 11, 2022--Spread of COVID-19 Variants Alongside Inflation, Debt, and Inequality Intensifies Uncertainty
Following a strong rebound in 2021, the global economy is entering a pronounced slowdown amid fresh threats from COVID-19 variants and a rise in inflation, debt, and income inequality that could endanger the recovery in emerging and developing economies, according to the World Bank's latest Global Economic Prospects report.
|IMF-Global Financial Stability Notes-Cryptic Connections|
|January 11, 2022--Summary:
Crypto assets have emerged as an increasingly popular asset class among retail and institutional investors. Although initially considered a fringe asset class, their increased adoption across countries-in emerging markets, in particular-amid bouts of extreme price volatility has raised concerns about their potential financial stability implications.
|Volatility managed multi-factor portfolios|
|January 10, 2022-Abstract
This paper shows that portfolio performance can be improved significantly when jointly using volatilities of past factor returns and option-implied market volatilities to determine factor exposures.
|World Economy Will Exceed $100 Trillion In 2022|
|January 4, 2022--The world economy will reach $100 trillion by 2022 instead of 2024, according to the Centre for Economics and Business Research.
China will lead the way of being the global top economy and gross domestic product, the London-based group noted.
|As the ETF world booms, so do the risks|
|January 3, 2022--A brilliant financial innovation is being pushed to the extremes.|
It is a heady time for the ETF world. Total inflows final yr topped $1tn for the primary time.
|ETFGI reports record year to date net inflows of US$148.28 billion invested into Smart Beta ETFs and ETPs listed globally at the end of November|
|December 30, 2021--ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs/ETPs ecosystem, reported today that equity-based Smart Beta ETFs and ETPs listed globally gathered net inflows of US$12.72 billion during November, bringing year-to-date net inflows to US$148.28 billion which is higher than the US$42.59 billion gathered at this point last year.|
|ETFGI reports a record US$20.23 billion invested in Crypto ETFs and ETPs listed globally at the end of November 2021|
|December 30, 2021-- ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs/ETPs ecosystem, reported today a record US$20.23 billion invested in Crypto ETFs and ETPs listed globally at the end of November 2021. Crypto ETFs and ETPs listed globally gathered net inflows of US$1.11 billion during November, bringing year-to-date net inflows to US$9.26 billion which is much higher than the US$278 million gathered at this point last year.|
|2021 was the year clean energy finally faced its mining problem|
|December 29, 2021--A clean energy revolution will hinge on getting mining right|
This year, the clean energy sector finally started grappling in earnest with one of its biggest challenges: how to get enough minerals to build solar panels, wind turbines, and big batteries for electric vehicles and energy storage. Figuring that out will be critical for escaping fossil-fueled ecological disaster.
|ETF assets close to $10tn after second year of record growth|
|December 24, 2021--Investors pour in more than $1tn of new cash during 2021 despite coronavirus concerns.|
The inflows took global ETF assets under management to $9.92tn at the end of the month, meaning the figure is likely to surge beyond the $10tn....
|Global Investors Pump Money Into China Equity ETFs-FT|
|December 22, 2021--ChinaAMC MSCI China A 50 Connect, E Fund MSCI China A 50 Connect ETF and China Universal MSCI China A 50 Connect ETF were among the top 15 globally for net inflows in November.|
|ISS Insights-Financial Clarity: Passive Investment 2021 Q3 Report-Net Flows Fall to Lowest Level in Years|
|December 22, 2021--Stock pickers have their work cut out for them; building a portfolio that can beat the market is difficult and competition among other fund managers in the UK is fierce. Competing against passive funds? That makes their job even more difficult. Passive investors don't overwork themselves trying to find the right fund that can beat its benchmark, they'd rather pick a passive fund that closely tracks an index of their choice. Yes, it does remove the chances of outperforming the market, but it also removes the risk of underperforming the market.|
|Global Debt Reaches a Record $226 Trillion|
|December 22, 2021--Policymakers must strike the right balance in the face of high debt and rising inflation.
In 2020, we observed the largest one-year debt surge since World War II, with global debt rising to $226 trillion as the world was hit by a global health crisis and a deep recession.