Bank of Singapore hires; Managed floor dreams; Asset management consolidation; Bottoming or something else; Goodhart’s Law; Vanguard’s ESG realism; State Street’s ETF portal; and much more.

Bank of Singapore hires; Managed floor dreams; Asset management consolidation; Bottoming or something else; Goodhart’s Law; Vanguard’s ESG realism; State Street’s ETF portal; and much more.
Ugly-stick stock markets; Blackrock’s crypto ETF; Capital Group wants to be boring; Fee cuts galore; Jupiter public dressing down; HSBC break up; HKD digital; and much more.
The product tracks an index comprising global companies with low carbon intensity.
The agreement aims to extend their ETF distribution across Asia.
The three products start trading on the Hong Kong stock exchange today.
The CSOP Metaverse Concept ETF mainly invests in US-listed companies.
Nikko Asset Management and Straits Trading Company have partnered to offer the product.
Both inflows and AUM of the asset class have grown exponentially, according to a Cerulli Associates report.
The preparation work will take approximately six months to complete.
Part of the Mark Allen Group.