Chinese companies account for a tiny percentage of ESG-filtered emerging market ETFs, even though China is 26.5% of the MSCI EM Index.
Tag: ETF
In case you missed it – Fund Markets News
AXA IM launches a multi-premia fund; ETFs in the US continue to grow; Fidelity rolls out a digital campaign; Singapore’s 8 Capital received fund licence; Pictet AM poaches from Invesco; SFC re-appoints Ashley Alder as CEO; and others
First ETF approved under Asean CIS
Singapore Exchange (SGX) has approved the listing of One Stoxx Asean Select Dividend ETF under Asean Collective Investment Scheme (CIS) framework, according to a statement from the exchange.
Leveraged and inverse ETFs are a hit in Taiwan
Leveraged and inverse ETFs in Taiwan now account for more than half of assets in the two most popular ETF sectors, data from Morningstar shows.
Study: In Asia, active funds disappoint
Active funds investing in the region have low returns relative to their benchmarks over multiple time periods, according to a Cerulli Associates report.
Taiwan’s Yuanta files to launch ChiNext ETF
Taiwan’s Yuanta Securities Investment Trust has filed an application to launch an ETF that would track the extremely volatile ChiNext Index.
China funds: active vs passive
FSA has found that actively-managed China-focused funds for sale in Hong Kong fared better than ETFs focused on the sector, but it’s due to more to technical than strategic reasons.
Moody’s: Passive to overtake active no later than 2024
Passive fund assets will be greater than 50% of the US market in 4-7 years and the passive growth rate in Asia is expected to increase, according to a Moody’s report.
APAC ex-Japan ETF assets hit record high
In 2016, Asia-Pacific ex-Japan ETF/ETP assets reached a record high of $135bn, but the region’s share only accounts for 4% of the industry’s global assets, according to ETFGI.
Moody’s revises global AM industry outlook to negative
Moody’s has revised its outlook of the global asset management industry to negative from stable for reasons linked to regulations and the performance of active funds.
