Vanguard launches first S&P 500 ETF

Vanguard, which now has five ETFs in Hong Kong, said the total expense ratio (TER) of the new fund would be 0.25% annually, making it the lowest cost US equity ETF available in the special administrative region of China. “Today’s launch of the Vanguard S&P 500 Index ETF demonstrates our ongoing commitment to the Hong […]

Asian managers one step ahead in social media

Asian fund managers have been driven toward social media because of a lack of professional data across parts of the Asian continent, meaning more investors turned to public sources instead. Another finding was that the educated population in Asia was better connected than investors in the US and Europe. The research by Greenwich, a provider […]

China and Japan dominate fund flows

Resurgent markets and easy monetary policies in China and Japan helped drive new inflows, with China representing $30.9bn, almost the same as Japan with $30.8bn.   Looking at asset classes, concern over volatility likely contributed to the robust capital flows into mixed flexible (mixed asset) products, which accounted for $27.4bn in capital flows. A major […]

UCITS funds are diminshing in Asia

“It is also pointless for UCITS managers to get excited about the imminent mutual recognition of funds (MRF) scheme between China and Hong Kong, as funds sold under this scheme have to be locally domiciled,” added Rachel Poh, senior analyst. The report is an about-face for Cerulli, which in the past said that the threat to […]

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