Despite stricter rules governing index funds, passive investment demand will continue to drive the ETF boom, according to Cerulli Associates.

Despite stricter rules governing index funds, passive investment demand will continue to drive the ETF boom, according to Cerulli Associates.
For the first time since March this year, investors in Hong Kong pulled money out of southbound funds.
The firm has received a PFM qualification in the mainland. Separately, Oaktree Capital in Beijing is expected to launch its first PFM product.
The tie-up between the French asset manager and the Bank of China wealth management subsidiary is the first to get the go-ahead.
Other more recent inbound initiatives, such as the stock and bond connect programmes, have made the QFII and RQFII less relevant.
The firm has relocated three of its investment staff to Shanghai from Edinburgh.
The fresh quotas are the first for 17-months as the renminbi enjoys a period of strength.
The firm has rolled out its first Ucits products, which include three China-focused funds and an emerging market offering.
Months after it liquidated its previous China onshore Ucits following the departure of the firm’s China equities head.
Investors are willing to pay for higher fees in QDLP and PFM funds, so long as they are differentiated from local products and have good performance, according to a survey conducted by global PR and marketing agency firm Fleishman Hillard.
Part of the Mark Allen Group.