The FSA Spy market buzz – 4 April 2025
BNY Mellon IM’s conversion; Elusive libertarian investing dream; Eastspring and Vontobel on tariffs; Wisdom of Larry Fink; Has the EU finally seen sense? Price of admission and much more.
Approximately $243bn is currently invested in ETFs in the Asia Pacific region, which is about half the size of the European ETF market.
Asset growth stalled in 2015 as China’s economy faltered and the volatility of its stock markets significantly increased. But cross-border barriers are coming down in much of the region, which should provide for more rapid growth going forward across investor segments.
Product innovation continues to lag behind North America and Europe, with more than 90% of Asia ETF AUM invested only in equity ETFs as of December 2015. However, in early February 2016, Hong Kong’s SFC issued a circular outlining provisions in which leveraged and inverse ETFs would be permitted.
Commission-dependent distribution channels and slowing economic growth, however, could prove to be substantial hurdles.
BNY Mellon IM’s conversion; Elusive libertarian investing dream; Eastspring and Vontobel on tariffs; Wisdom of Larry Fink; Has the EU finally seen sense? Price of admission and much more.
Part of the Mark Allen Group.