The world’s two largest passive product providers are set up in Hong Kong, but there is no substantial investor education on ETFs.

The world’s two largest passive product providers are set up in Hong Kong, but there is no substantial investor education on ETFs.
China onshore investors exited Hong Kong-domiciled funds in October, according to China’s State Administration of Foreign Exchange (Safe).
Led by Tino Moorrees, BNP Paribas Asset Management’s ex-Hong Kong CEO, the multi-boutique fund house plans to distribute funds to professional investors.
Allianz Global Investors is bringing in a stack of funds, including one that is focused on pets, while M&G Investments, post de-merger, sets up investment camp.
Salaries of relationship managers and product specialists at private banks in the SAR are expected to increase by 14-25%, according to a survey.
This week FSA presents a quick comparison of two Hong Kong dollar fixed income products: the BOCHK HK Dollar Income Fund and the Schroder ISF Hong Kong Dollar Bond Fund.
Separately, a relaxation of regulations by the country’s securities regulator has prompted investment companies to launch feeder funds.
Hong Kong-based Magnum Research is also launching a stand-alone fixed income ETF portfolio for its B2C clients.
But the demand for such products is expected to slow with market expectations of a rate cut from the Federal Reserve, according to a Cerulli report.
The launch follows the firm’s roll out of Taiwan’s first ESG ETF.
Part of the Mark Allen Group.