Taiwan’s Yuanta Securities Investment Trust has filed an application to launch an ETF that would track the extremely volatile ChiNext Index.
Category: Markets
ETF Securities targets Australia following Hong Kong exit
UK-based ETF Securities has said it will focus on expanding its presence in Australia following the asset manager’s exit from Hong Kong earlier this year.
Taiwan outflows from funds hit $8bn in 2016
Funds that are sold in Taiwan had net outflows of around $8b in 2016, compared to net inflows of $5.4bn in 2015, according to Morningstar data.
Manulife AM names Thailand CEO
Former Fidelity Korea country head Michael Reed has been appointed Bangkok-based CEO for Manulife Asset Management Thailand.
Jailed 1MDB scandal banker ‘spent $8.2m’ on Australia property
The former BSI banker Yeo Jaiwei, ‘sentenced beyond the norm’ for witness tampering by a Singapore court, used a Seychelles-based company to spend $8.2m on Australian Gold Coast property, the Guardian has reported.
Barings names new Korea CEO
Barings has appointed Ike Bae as its new Korea CEO. He replaced Thae Khwarg, who retired in December last year after more than 20 years with the firm.
BOS negative on China equities
Potentially aggressive US trade policy and China’s expanding credit are top concerns, according to Richard Jerram, the bank’s chief economist.
OMGI’s Weatherston positive on Japan equities
Valuations of Japan equities have become more attractive compared to other developed markets, and Abenomics has helped drive up corporate profits, according to Rob Weatherston, Old Mutual Global Investors’ Hong Kong-based portfolio manager of the Old Mutual Japanese Equity Fund.
Pinebridge: Trump an `amplifier’ for global growth
Despite his anti-trade agenda, the new US president is likely to amplify the rebound in global growth already underway, according to Markus Schomer, the firm’s New York-based chief economist.
Shenzhen-HK link to create world’s largest market
On December 5, the Shenzhen stock exchange will link with Hong Kong’s, which is already connected to Shanghai’s bourse. The tri-city set up will create the largest stock market in the world by volume.
