Latest news with #AGG
Yahoo
5 days ago
- Business
- Yahoo
SPY Attracts $1.5B in New Assets Despite Weak ADP Jobs Data
The SPDR S&P 500 ETF Trust (SPY) pulled in $1.5 billion, boosting its assets under management to $608.5 billion, according to data provided by FactSet. The inflows came as the Dow Jones Industrial Average fell 0.2% after ADP reported private payrolls increased only 37,000 in May, well below the 110,000 forecast. The iShares Core U.S. Aggregate Bond ETF (AGG) attracted $564.9 million, while the Vanguard Intermediate-Term Corporate Bond ETF (VCIT) gained $414.3 million. The iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) collected $299.8 million, and the VanEck Semiconductor ETF (SMH) pulled in $199.1 million. The SPDR Portfolio S&P 500 ETF (SPLG) saw outflows of $399.6 million, while the Financial Select Sector SPDR Fund (XLF) lost $273.2 million. The iShares Core S&P 500 ETF (IVV) experienced outflows of $239.5 million, and the Invesco Large Cap Growth ETF (PWB) shed $228.7 million. U.S. equity ETFs collected $2.4 billion in net inflows, while U.S. fixed-income ETFs gained $2.1 billion. International equity ETFs attracted $959.5 million, and currency ETFs pulled in $501.9 million. Overall, ETFs gained $6.6 billion on Wednesday, leading up to Friday's nonfarm payrolls report and amid concerns about economic growth. Ticker Name Net Flows ($, mm) AUM ($, mm) AUM % Change SPY SPDR S&P 500 ETF Trust 1,519.71 608,529.99 0.25% AGG iShares Core U.S. Aggregate Bond ETF 564.85 124,607.95 0.45% VCIT Vanguard Intermediate-Term Corporate Bond ETF 414.30 53,310.35 0.78% LQD iShares iBoxx $ Investment Grade Corporate Bond ETF 299.82 30,356.39 0.99% SGOV iShares 0-3 Month Treasury Bond ETF 235.90 47,957.46 0.49% BND Vanguard Total Bond Market ETF 209.64 126,863.38 0.17% SMH VanEck Semiconductor ETF 199.07 23,313.95 0.85% VTI Vanguard Total Stock Market ETF 192.86 478,760.59 0.04% HYG iShares iBoxx $ High Yield Corporate Bond ETF 189.89 16,552.34 1.15% XLK Technology Select Sector SPDR Fund 189.13 74,033.78 0.26% Ticker Name Net Flows ($, mm) AUM ($, mm) AUM % Change SPLG SPDR Portfolio S&P 500 ETF -399.58 68,181.28 -0.59% XLF Financial Select Sector SPDR Fund -273.24 49,272.10 -0.55% IVV iShares Core S&P 500 ETF -239.54 587,471.96 -0.04% PWB Invesco Large Cap Growth ETF -228.65 1,147.75 -19.92% SOXL Direxion Daily Semiconductor Bull 3x Shares -210.80 12,043.73 -1.75% ABFL FCF US Quality ETF -127.42 705.18 -18.07% SHY iShares 1-3 Year Treasury Bond ETF -123.42 23,977.02 -0.51% VTV Vanguard Value ETF -110.61 134,061.47 -0.08% USHY iShares Broad USD High Yield Corporate Bond ETF -106.70 22,643.45 -0.47% XLB Materials Select Sector SPDR Fund -105.21 4,745.35 -2.22% Net Flows ($, mm) AUM ($, mm) % of AUM Alternatives 23.61 10,019.70 0.24% Asset Allocation 9.09 24,915.75 0.04% Commodities ETFs 262.41 214,242.31 0.12% Currency 501.88 144,317.48 0.35% International Equity 959.47 1,800,893.53 0.05% International Fixed Income 626.75 291,815.06 0.21% Inverse 128.23 14,425.34 0.89% Leveraged -401.52 123,208.96 -0.33% US Equity 2,429.62 6,852,269.09 0.04% US Fixed Income 2,046.84 1,658,504.25 0.12% Total: 6,586.38 11,134,611.45 0.06% Disclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data are believed to be accurate; however, transient market data are often subject to subsequent revision and correction by the | © Copyright 2025 All rights reserved Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Local Germany
6 days ago
- General
- Local Germany
Record number of complaints received by Germany's Anti-Discrimination Agency
Germany's Anti-Discrimination Agency published it's latest annual report on Tuesday, and the results made for grim reading. In 2024, the agency received 11,405 complaints about discrimination -- the highest number ever recorded, and a six percent rise compared to previous year. In 2019, the year before the Covid pandemic, the number of complaints received was 4,247. At 43 percent, the majority of complaints were about racist discrimination, followed by discrimination based on disability (27 percent) and gender (24 percent). Announcing the publication of the report, Ferda Ataman, the Independent Federal Commissioner for Anti-Discrimination, drew a clear line between the rise in the number of cases and the creeping normalisation of racist and discriminatory discourse. 'Discrimination is a growing problem in Germany,' warned the commissioner. 'With the rising number of votes for a party of the extreme right, it seems that more and more people feel encouraged to make racist comments in public.' Ataman added that the true number of cases – rather than the number of cases reported – is likely to be far higher, because 'most of those affected keep discrimination to themselves.' German protections are 'the weakest in Europe' According to Ataman, Germany's General Equal Treatment Act (AGG) is 'one of the weakest anti-discrimination laws in Europe.' Discrimination on the basis of nationality, for example, is not protected directly under Germany's General Equal Treatment Act (AGG). However, it can be considered indirect racial discrimination in some cases. Advertisement In 2024, around 2,350 complaints about discrimination involved incidents that were not covered by the current law. READ ALSO: Levels of racism and discrimination in Germany revealed in new survey Room for improvement The report identifies three areas for immediate action, including an urgent need for nationality to be included in the AGG as a ground for discrimination -- noting that the present loophole may have the unintended effect of encouraging anti-Semitic and anti-Roma discrimination. The commissioners also want to see the AGG extended to apply to government agencies. Currently, the authors suggest, citizens are inadequately protected against discrimination in government offices, in interactions with the police, in court, and in public schools and universities. In 2024, 25 percent of complaints received by the Anti-Discrimination Agency were connected with government agencies. Passers-by walk across a street in Munich's Haidhausen district in the early hours of the morning. Photo: picture alliance/dpa | Peter Kneffel Finally, the commissioners are calling for greater accessibility and protection against digital discrimination, amid concerns that AI systems and algorithms can disadvantage older people and people with disabilities. Discrimination at work and in everyday life One in three complaints received by the Anti-Discrimination Agency is related to incidents that occur during job searches, job interviews, at work, or when leaving employment. The report focusses particularly on experiences of workplace discrimination based on gender and suggests that women are frequently affected by poor pay, lack of career opportunities, and sexual harassment. 'Gender-based discrimination is still deeply rooted in our society—and it is on the rise again,' said Commissioner Ataman. The report also makes clear that acts of discrimination can take place anywhere, at any time. Twenty-two percent of cases reported involved everyday activities such as flat hunting, visiting restaurants, or shopping, for example. Advertisement In one instance, described by Commissioner Ataman, a Muslim woman in Nuremberg was turned away from a doctor's practice with the words, 'We don't want people like you here.' In another case, a Mahmoud Z. applied for an apartment under the name Stefan H. According to the report, Mahmoud had already been turned down for more than 20 apartments, often without even being invited to a viewing. Mahmoud conducted his 'test' on the advice of the Anti-Discrimination Agency, to see whether his name was a contributory factor in his lack of success. Sure enough, 'Stefan' was invited to view an apartment that 'Mahmoud' had been told was no longer available. If there is a silver-lining to be found, it's that the apparent year-on-year rise in discrimination complaints may reflect an increase in the number of people who are aware of their rights, and have the courage to try and enforce them. If you have experienced discrimination in Germany, the Federal Anti-Discrimination Agency provides free, confidential counselling in a variety of languages. READ ALSO: What to do if you experience racism in Germany
Yahoo
02-06-2025
- Business
- Yahoo
Opportunities Still Exist In High-Yield Debt: Calamos
Despite the volatility of in the bond market, particularly the recent rise in U.S. Treasury 10-year rates after last week's poor auction, there are still opportunities in higher-yielding fixed income, says an active exchange-traded fund manager. Matt Freund, co-manager of the $11.1 million Calamos Alternative Nasdaq & Bond ETF (CANQ), and co-chief investment officer at Calamos Investments, says the yields on high-yield, bank loans, emerging-market debt and other higher-risk fixed-income sectors still offer a good value for the risk taken. While he expects the U.S. economy to soften, he's not expecting a recession yet. 'I'm not willing to commit to, 'yes, we're having a recession.' I think that's a little premature, and it depends on a lot of factors which have yet to be decided ... The fundamentals are still good,' he said. Calamos Investments is a global investment manager founded in 1977, with its beginnings in the convertible bond space. It launched the actively managed CANQ in February 2024 as its second ETF. The fund uses options-based exposure across Nasdaq-100 stocks coupled with diversified fixed-income holdings. To get fixed-income exposure, CANQ uses several fixed-income ETFs, including the Simplify MBS ETF (MTBA), at 22.3% of the fund's allocation, the Vanguard Emerging Markets Government Bond ETF (VWOB) at 20% and the SPDR Portfolio High Yield Bond ETF (SPHY) at 14.5% to round out the fund's top three by weight. Fixed income is 77.2% of the fund's allocation. The distribution yield for the fund is about 5.5% with a weighted credit of BBB-. While that may seem like a significant amount of credit risk in a volatile bond market, Freund pointed out that CANQ's duration of 3.1 years is shorter than that of the iShares Core U.S. Aggregate Bond ETF (AGG), which has a duration of 5.8 years, and AGG's yield is lower, at 3.8%. Given his outlook on the U.S. economy, the shorter duration and higher yield of CANQ versus AGG, Freund said, 'I'm not overly concerned with the high-yield allocation.' He might begin to pull back on risk if the current uncertainty around tariffs remains unresolved, Congress is unable get the current tax cuts passed or inflation rises again. 'If I'm wrong about recession, if I'm wrong about taxes, if I'm wrong about tariffs, and you've got the geopolitical (issues), well, that would clearly be something that would cause us to reduce our risk budget,' he | © Copyright 2025 All rights reserved Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Borneo Post
14-05-2025
- Sport
- Borneo Post
AGG carnival a milestone for local gymnasts
Gymnasts, parents and coaches in a group photo with Lo (seventh left), SAGGA vice president Dr Nur Shahkizza Mohd Jefry (sixth left), Foong (ninth right) and SAGGA officials at the end of the workshop. KUCHING (May 14): The final day of the Sarawak AGG Carnival ended with the AGG School Programme Workshop & Certificate Presentation Ceremony held at Dewan Sa'ati, Sarawak United People's Party (SUPP) Headquarters on Sunday. Organised by the Sarawak Aesthetic Group Gymnastics Association (SAGGA) in collaboration with the Malaysian Aesthetic Group Gymnastics Association (MAGGA), it marked a milestone in introducing Aesthetic Group Gymnastics (AGG) into schools across Sarawak. The workshop was led by MAGGA's head of School Programme and former national gymnast Foong Seow Ting who introduced a specially designed AGG syllabus tailored for three age groups namely Under 10, Under 12, and Under 18. Emphasis was on creative movement, teamwork and artistic expression among students. A special highlight was the AGG performance choreographed by Foong herself, featuring all gymnasts attending the workshop. The carnival set out to highlight the connection between parents, teachers and students to underscore how AGG can be a tool not just for sport but also for building character, identity and togetherness. Batu Kitang state assemblyman Dato Lo Khere Chiang officiated at the closing ceremony and presented certificates to participating students, coaches and facilitators. Participating schools and clubs included Mine Dance Studio; Track and Dance; SJK Chung Hua Sungai Lubak; SJK Chung Hua No. 6; SJK Chung Hua Mile 4 ½; and SJK Sungai Apong. The initiative by SAGGA is part of a broader plan to organise the Sarawak Inter-School AGG Competition scheduled for Aug 16. The Sarawak AGG Carnival, which brought together participants from Sarawak, Selanger and Kuala Lumpur, spanned two days of competition, workshops and special performances to celebrate art, movement and community.
Borneo Post
11-05-2025
- Sport
- Borneo Post
Carnival seeks to promote Aesthetic Group Gymnastics
Kinder Children Age 10-12 winners from Mine Dance Studio pose with Kho (second right), Nur Shahkizzan (left) and Shaleen Tay (right). KUCHING (May 11): Gymnasts need to work very hard to perform well because there is no short cut to success, observed political secretary to Premier Sarawak, Kho Teck Wan, who served as assistant chef-de-mission for rhythmic gymnastics at Sukma XXI Sarawak. She also commended parents who supported athletes on this quest. 'Thank you for the courage of taking your kids through this journey as this journey is not easy especially if they do well and go all the way through,' said Kho at the National AGG Development (NAD) Programme Competition at Dewan Sa'ati, Sarawak United People's Party (SUPP) Headquarters yesterday. She was representing Deputy Premier Sarawak Datuk Amar Dr Sim Kui Hian. The NAD Programme Competition was part of the two-day Sarawak Aesthetic Group Gymnastics (AGG) Carnival organised by the Sarawak Aesthetic Group Gymnastics Association (SAGGA) and sanctioned by the Malaysian Aesthetic Group Gymnastics Association (MAGGA). It was participated by more than 70 gymnasts aged between six and 25 from Sarawak, Selangor and Kuala Lumpur with categories from Kinder AGG to Level 6. The competition emphasised the developmental progress of participants, focusing on teamwork, performance structure and individual growth. The carnival marks a pivotal moment in the growth of grass-roots sports in Sarawak and the promotion of Aesthetic Group Gymnastics across Malaysia. On Sunday, the focus will shift to the AGG School Programme Introductory Workshop, led by MAGGA's School Programme technical head Foong Seow Ting. This workshop aims to introduce AGG into Sarawak's schools, with practical modules designed for U10, U12, and U18 students, to further expand the sport within the educational system. The workshop will provide insights into how AGG can be integrated into school programmes, encouraging more youth to take up the sport and empowering educators with the tools to nurture young talent. Aesthetic Group Gymnastics (AGG) is a team-based sport that combines dance, flexibility, strength, and technique into synchronised routines. Recognised globally and governed by IFAGG, AGG is a rapidly growing discipline, particularly in Asia. What sets AGG apart from other gymnastics disciplines is its unique blend of athleticism and artistry, emphasising harmony, fluidity and teamwork rather than isolated technical skills. The NAD Programme provides gymnasts of all ages and skill levels the opportunity to develop and refine their abilities, preparing them for higher levels of competition such as the National School Programme and international IFAGG events. A significant number of the athletes participating in this year's carnival are from Sarawak. It also reflects the growing strength of Sarawak's AGG community, with every gymnast playing a part in building the future of the sport. Sarawak Aesthetic Group Gymnastics Carnival
