Changing marketplace. Beyond mifid ii, after it goes into place, what does the buy side have to fear, to look forward to . Welcome to Bloomberg Markets, rules and returns, i am nejra cehic in london. Where we dig into the opportunities for markets around the globe. From mifid two to doddfrank, we speak to the top newsmakers and Market Participants shaping and reacting to a new generation of rules. Lets kick this show off with etfs. Passive investments are getting a boost in europe. Mifid ii is expected to increase flows from Retail Investors in the u. S. The fiduciary duty and new guidelines will raise their exposure to etfs. To talk about the impact that mifid ii will have on etfs in coen atsteven blackrock. Stephen, so great to have you on the program. I have brandnew hot off the press Intelligence Research saying europe etfs may double to 2 trillion in five years on mifid ii. Lets talk about growth. Is that the sort of growth you expect as a result of mifid ii . It is the kind of gr
Forward to . Welcome to Bloomberg Markets rules and returns, i am nejra cehic in london. Where we dig into the opportunities for markets around the globe. From mifid ii to doddfrank, we speak to the top newsmakers and Market Participants shaping and reacting to a new generation of rules. Lets kick this show off with etfs. Passive investments are getting a boost in europe. Mifid ii is expected to increase flows from Retail Investors in the u. S. The fiduciary duty and new guidelines will raise their exposure to etfs. To talk about the impact that mifid ii will have on etfs in europe, steven coen at blackrock. Stephen, so great to have you on the program. I have brandnew hot off the press Intelligence Research saying europe etfs may double to 2 trillion in five years on mifid ii. Lets talk about growth. Is that the sort of growth you expect as a result of mifid ii . It is the kind of growth we expect. Mifid ii will play a big part in it. You are seeing as you have over the last two years
Rule in the changing market place. Beyond mifid ii, after it goes into place, what does the buy side have to fear and look forward to . Welcome to Bloomberg Markets rules returns. I am nejra cehic in london. Rules and returns is a show where we delve into the regulatory challenges and opportunities for Financial Markets around the globe. We will talk to the top newsmakers, regulators, and market shaping the rules. Passive investments are getting another boost in europe. Is excited to increase investors from the u. S. It will enable Retirement Savers and insurers to raise their exposure to etfs. O speak is Stephen Cohen so great to have you on the program. Thank you for joining us. I have brandnew, hot off the press Bloomberg Intelligence research saying that you are etfs may double to 2 trillion in five years on mifid ii. Lets talk about growth. Is that the sort of growth you expect as a result of mifid ii . And that alone. Stephen it is. And i think that mifid ii will play a big part
The House Intelligence Committee is demanding copies, if they exist, of white house tapes of conversations between President Trump and james comey. It also wants notes and memos of his discussions with the president. The state Department Says the United States respects the decision of british voters in the general election and look forward to continuing to work with Prime Minister theresa may. Thursdays Election Results returned mays conservatives to power but without a clear majority. Global news 24 hours a day. I am Alisa Parenti. This is bloomberg. Bloomberg technology is next. Emily i am emily chang and this is bloomberg technology. Coming up, tech stocks nosedive dragging the nasdaq to its lowest levels this year. We will map the sudden selloff. Theresa mays gambit. How the Prime Ministers move to gain a greater majority backfired and the potential impact on her brexit agenda. Apples potential miss on the upcoming data revolution. Why the latest iphone may not satisfy customers ne
Lets begin with the markets. The march towards dow 20,000. A busy take for the markets and investors with the fed beginning its meeting, pete. People are wondering how long this thing can last. It just continues to move higher. It does, and part of the reason behind that, scott, is the fact that rotation just continues. Yes, we were into energy. Today you look at technology, and Technology Stocks are ticking up. Look at microsoft. Look at intel. Look at apple and facebook. You start to go through some of the fang names. Almost every single day theres a rotation. The thing to keep an eye on right now is volatility is still remaining low. Still right around 13 or below 13, scott. You can protect. You can be involved in the market right now, but you got to have protection on because of this huge run weve had since president elect was put into that position. You have these almost daily rotations. One day maybe energy is our f e favor. The next day is in favor. Its fairly broadbased if you