ETF Archives - Page 8 of 18 - Fund Selector Asia

CSOP AM preps its first ETF in Singapore

The firm will also make use of the new variable capital company (VCC) framework for the fund.

The iShares ETF listing on the Hong Kong Stock Exchange follows the relaxation of the master-feeder regime late last year.

Volatile markets prompted the introduction of the funds, which invest in ETFs and aim to address “unstable market cycles”.

The world’s two largest passive product providers are set up in Hong Kong, but there is no substantial investor education on ETFs.

CSOP Asset Management has pulled two ETFs from the Hong Kong market since July, following a spate of other firms doing the same.

Blackrock’s i-Shares follows a number of asset managers in pulling ETFs from the Hong Kong Stock Exchange.

Separately, leveraged and inverse (L&I) products and a number of China-focused thematic ETFs have grown popular in Hong Kong.

Downward pressure on markets in Germany and Hong Kong left little hope that the index-tracking products would gather more assets.

Passive China-focused products are among the bestselling funds launched in Asia over the last year.

Assets of three other China-focused thematic ETFs have already passed the break-even mark.