Taiwan’s Yuanta Securities Investment Trust has filed an application to launch an ETF that would track the extremely volatile ChiNext Index.
Category: Rest of APAC
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.
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.
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.
Vontobel hires from Pine Bridge for Japan role
In his new role, Naohiko Tabei will target the Japanese institutional market with an emphasis on banks and insurance companies.
Survey: Investors give Japan high marks
Despite the uncertainty over the outcome of Abenomics, institutional investors are optimistic about structural reforms, according to a survey by BNY Mellon.
SSGA cuts Japanese, European equities to neutral
The downgrade follows expectations of limited further policy support in a negative rate environment, according to Thomas Poullaouec, managing director and head of strategy and research for Asia Pacific at State Street Global Advisors.
Korea Investment Corp names CIO
Shin-woo Kang previously served as the president and chief executive officer of Seoul-based Hanwha Asset Management.
