ETFGI Weekly Newsletter

Transcription

1 ETFGI Weekly Newsletter November 22, 2016 Welcome to this week's ETFGI Newsletter. Your latest issue includes: People news Industry news Events Visit our website to find out more about who we are and the services we offer. Please send your press releases and industry news to If you have any colleagues who you think could benefit from receiving their own digital edition of the ETFGI Newsletter, please forward this so they can register for their own copies. Click here People news Henry Cobbe has a new job as Head of Research, Head of Copia Capital Management in London, United Kingdom. He was previously Director, Elston Consulting. Read more Andrew Adshead (DipPFS CertPFS(DM)) has a new job as National Relationship Manager at Copia Capital Management. He was previously Deputy Regional Director (Northern England, Scotland and NI) at MetLife. Read more Sean Kelly has a new job as Quantitative Research Analyst at Copia Capital Management. He was previously a Junior Analyst - Summer Intern at OMERS Capital Markets in London. Read more Kevin Lee has a new job as Head European ETFs, Old Mission Capital in London. He was previously ETF Trader at Mako Global in London. Old Mission Capital is a proprietary trading and technology firm with offices in Chicago, New York City and London. The firm trades listed securities, including futures, equities, options, and other derivatives, with an emphasis on securities arbitrage. Read more Dr. Evrin Erdem has a new job as Chief Strategy Officer (consultant) at Huddlestock a Fintech company. She is also the Director and Owner at Generate Alpha Ltd in London. Read more

2 Thierry Roncalli has a new job as Co-Head of Quantitative Research at Amundi. He was previously Head of Research & Development at Lyxor Asset Management. He is currently Associate Professor of Economics, University of Evry and a Member of the Group of Economic Advisers (GEA), ESMA's Committee for Economic and Market Analysis (CEMA). Read more Aleksey Mironenko has a new job. Director, Head of ishares AxJ Institutions & Head of ishares APAC Fixed Income at BlackRock in Hong Kong. He was previously a Director, Head of ishares AxJ Institutional ETF Specialist Team at BlackRock in Hong Kong. Read more Vishal Mhaiskar has a new job Vice President at Motilal Oswal Financial Services Ltd in Mumbai, India. He was previously an Associate Vice President Motilal Oswal Financial Services Ltd. Motilal Oswal Asset Management Company (MOAMC) is a public limited company which offers three MOSt Shares ETFs listed in India. According to the ETFGI ETF and ETP industry insights September 2016 report, the ETF industry in India had 64 ETFs, with 64 listings, assets of US$3 Bn, from 16 providers listed on 2 exchanges. Read more. Jobs news ETFGI is hiring an ETF analyst - The role works closely with other team members to advance our initiatives to create new capabilities, enhance our current research offerings as well as create new research offerings. This requires a knowledge and genuine interest in not only finance, but the areas of ETFs, ETPs, mutual funds, active and passive investing, smart beta, and other delta one products. us at contact@etfgi.com if you are interested in discussing this role. Industry news EMEA UK fund houses to feel fee squeeze: experts IgnitesEurope. Read more FCA proposes 'all-in fund fee' after scathing review of active management CityWire. Read more Passive fund managers poised to profit from the FCA s proposals - Financial Times. Read more

3 At the ETFs and the art of portfolio construction and "Copia's Third Birthday Celebration" event on November 15th Copia names new chief and launches five funds Citywire. Read more Novia to launch fractional ETF dealing by year-end Investment Week. Read more Robo's rise: 12 key UK digital wealth moments in 2016 Citywire. Read more Nutmeg raises 30m and forms key Asian strategic alliance Citywire. Read more Santander buys back asset management arm, mulls Allfunds sale Investment Week. Read more UNITED STATES Vanare raises $20 Million in series a financing and announces company name change. Vanare, the innovative digital wealth management technology platform that has been gaining momentum in the financial services industry for approximately three years, announced today that it has secured $20 million in Series A financing. The strategic investment was made by WisdomTree Investments, Inc. (NASDAQ: WETF). SenaHill Securities, LLC acted as exclusive strategic and financial advisor to Vanare. Vanare also announced that it will change its name to AdvisorEngine, which underscores the company's original vision to empower advisors using integrated technology across the full client spectrum, ranging from high net-worth clients to lower balance relationships. WisdomTree and AdvisorEngine have also entered into a strategic agreement whereby WisdomTree's asset allocation models will be made available through AdvisorEngine's open architecture platform and WisdomTree will actively introduce the platform to its deep distribution network. AdvisorEngine's award-winning offering, enhanced through the collaboration with WisdomTree, enables advisors to more effectively serve their clients and scale their business. Jonathan Steinberg, WisdomTree CEO and President, said, "The end-investor experience is being revolutionized by new technologies and new investment products like ETFs. Forward-thinking financial institutions have an opportunity to thrive in this changing environment. AdvisorEngine's expertise in B2B digital advice makes it a natural choice for these firms." Read more Quelling liquidity concerns of bond ETFs Barron s. Read more DOL fiduciary rule WealthManagement.com. Read more MiFID II and the buy-side identity crisis: Whose trade report is it anyway? Traders Magazine. Read more Bracing for seven critical changes as fintech matures - McKinsey & Company. Read more Speed bumps beyond good and evil Traders Magazine. Read more UBS/PwC report spotlights upcoming era of billionaire wealth transfers UBS/PWC. Read more

4 LATIN AMERICA Hurry up and wait, Argentina. Argentina s tax-amnesty program could bring as much as $16 billion in offshore money back to the nation. UBS Group AG, Julius Baer Group Ltd. and Grupo BTG Pactual are among banks considering a local wealth-management business in Argentina Public Finance International. Read more ASIA George Soros takes stake in largest China-focused ETF efinancial News. Read more At the Haitong ETF Day on November 17th in London, Dimitris Melas, head of equity research at MSCI, mentioned a number of areas where China has made improvements to open the market since last June s decision not to include China s A-shares in MSCI s EM, ACWI, and Asian indices. He also cited a number of changes that still need to be improved before MSCI would move to include China s A-shares in MSCI s indices. The next decision will be announced in June to be included in the index next year in spite of the imminent opening of the Shenzhen stock market to international investors. Hopes dim for China A-shares entering global markets Financial Times. Read more See more industry news Upcoming events ETF Product Development Summit, November 23, London Aimed at potential new entrants to the ETF market, existing ETF issuers and the wider professional ETF community, this half-day summit will address key ETF and ETP product development themes. ETF Distribution Forum, December 5-6, Boston, MA FRA presents an expert-led event designed to provide ETF

5 veterans and newcomers with the evolving landscape of exchange-traded products. Hear the latest on the future of smart beta, the impact of robo-advisors and the expanding institutional market. World Exchange Congress, March 29-30, Budapest, Hungary The conference will bring together over 200 delegates representing the exchange and finance communities. They will engage in presentations, panel discussions, roundtable sessions and innovation pitches. ETF Australia 2017, May 16-17, Sydney, Australia FRA presents an expert-led event designed to provide ETF veterans and newcomers with the evolving landscape of exchange-traded products. Hear the latest on the future of smart beta, the impact of robo-advisors and the expanding institutional market. Lastest ETFGI research Content available to subscribers only. If you are interested in subscribing to any of ETFGI s research subscriptions or consulting services, please contact deborah.fuhr@etfgi.com. ETFGI Global ETF and ETP Industry Insights, October 2016 Our latest monthly summary of the most recent trends in the global ETF and ETP industry, detailing asset growth, flows, trading volumes, providers, index providers and exchanges. ETFGI Global ETF and ETP Smart Beta Insights, September 2016 Our latest monthly summary of the global smart beta ETF and ETP industry, including asset growth, flows, products and data split by exposures, factors, providers, index providers and locations.

6 Powered by TCPDF ( ETFGI Active ETF and ETP Insights, September 2016 Our latest monthly summary of the active ETF and ETP industry, including asset growth, flows, including data split by exposures, providers, index providers, location and top products. ETFGI Institutional Users of ETFs and ETPs, 2015 Review This report looks at global investors in ETFS/ETPs listed around the world in Our analysis found 4,147 institutional investors in 57 countries and 7,211 mutual funds in 52 countries reported owning at least one ETF or ETP in Subscribe to our research ETFGI subscription services: ETFGI Annual Research - monthly reports on trends in the global ETF and ETP industry, access to the ETFGI database of all ETFs/ETPs listed globally with factsheets which are updated monthly ETFGI Institutional Users of ETFs and ETPs Report - annual review of institutions and mutual funds that use ETFs and ETPs ETFGI Active ETF Landscape Report - an overview of the global landscape covering trends for providers, products, net new asset flows, fees etc ETFGI Smart Beta ETF Landscape Report - an overview of the global landscape covering trends for providers, products, net new asset flows, fees etc