China Asset Management in Hong Kong believes its newly-launched leveraged and inverse ETFs, tracking the Nasdaq 100 will appeal to Asian investors.
Category: News
Principal senses EM earnings surprise
Principal Global Investors portfolio manager Mihail Dobrinov said he has added exposure in cyclical stocks such as commodities and warmed to EM financials since the beginning of the year.
China onshore funds fueled by institutional demand
The upcoming launch of mutual fund of funds as well as banks outsourcing more wealth management products (WMPs) to asset managers should help grow onshore fund assets, analysts said.
Foreign fund managers gaining traction in Taiwan
Despite rising hurdles to launch offshore funds in Taiwan, some foreign managers are making progress, according to Cerulli.
The FSA Spy market buzz – 23 September 2016
Lombard Odier rebrands, Blackrock soars, China funds performing, Fidelity goes ETF mad and ETFs just go mad, Columbia Threadneedle looks at helicopters, Thailand sizzles and more.
Don’t pick outperforming funds if you want a good return
Fund selectors would not do wise using past performance as a metric in their fund selection process, according to three American scholars.
First interbank bond issuer collapses
More defaults are expected as China’s state-owned Guangxi Nonferrous Metals Group has become the first interbank bond issuer to go bankrupt.
EIP readies more ETF launches in HK
ETFs from several firms are expected to roll out in Hong Kong in the next three months, hoping to catch the ETF Connect train and feed the appetite of mainland investors, said Tobias Bland, Enhanced Investment Products CEO.
China’s capital outflows increase for fourth straight month
In August, $51bn left the mainland, according to Standard Chartered estimates, as authorities increased support for the mainland currency, which is under devaluation pressure.
Onshore mutual fund assets hit record high in August
Mainland mutual funds gathered a record RMB 8.52trn ($1.28trn) in assets last month after experiencing a net outflow in the first half, according to data from the Asset Management Association of China.
