The mutual recognition of funds (MRF) initiative will eventually result in a wave of ETF houses bringing products to Hong Kong, said Toby Bland, chief executive of Enhanced Investment Products in Hong Kong.
Tag: ETFs
CCB lists RMB-denominated ETF in Paris
China Construction Bank has launched an renminbi-denominated money market exchange traded fund on Euronext Paris.
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 […]
Global exchange traded products AUM tops
Assets of Japan-listed ETFs reached $117bn in May compared to $112 at the end of April, the London-based research and consultancy firm said.
BMO clusters ETFs to offer portfolio strategies
Prakash said BMO is not putting funds together, but portfolio strategies that are actually implemented by the intermediaries. “The implementation happens with respect to the intermediary using their platform and clients benefit from the asset allocation decision. We would work with intermediaries so they are able to offer this to their client base.” ETFs have […]
Global ETFs likely to overtake hedge funds
The London-based research and consultancy firm said the assets under management of global ETFs reached a new record of $2.926trn at the end of the first quarter. In comparison, the assets of the global hedge fund industry was $2.939trn. Furthermore, the global ETF industry has been growing at a faster rate than the global hedge […]
Turnover of HK-listed ETFs soars in 2014
The total annual turnover of exchange traded funds and real estate investments trusts listed on the Hong Kong exchange soared 25% year-on-year to reach a record-high of HK$1.23trn ($150bn), according to the Hong Kong stock exchange.
Hong Kong waives off stamp duty on ETFs
Hong Kong Exchanges and Clearing will waive stamp duty on all exchange-traded funds listed in Hong Kong from 13 February to promote the development of the ETF market.
Global ETF assets seen doubling
The assets under management of exchange-traded funds globally are forecast to double to $5trn, with Asia offering fragmented opportunities, according to a survey report by PwC.
The potential for China ETFs
China equities have been in a spotlight with the Stock Connect going live earlier this week and the government’s continued measures to open up the onshore market for global investors.
