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.
Tag: ETFs
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.
Nasdaq interest sparked by stock connect
Nasdaq intends to build partnerships, roll out education efforts and convince Asia’s retail investors to take exposure to exchange traded funds, said Rob Hughes, head of index and advisor solutions at Nasdaq.
BMO ETFs
Despite weak market acceptance for ETF products, BMO Global Asset Management is launching three Hong Kong-domiciled ETFs.
Commission model bottlenecks ETFs
The commission-based distribution model common in Asia is a key reason why exchange traded funds have comparatively less popularity in the region, said Marco Montanari, head of Deutsche Bank’s passive asset management, Asia Pacific.
ETF closures continue
Three major ETF issuers have announced plans to close a total of 26 ETFs, several of them with Asia-Pacific themes, according to Morningstar.
Investors ditch gold etf due to record equity price
As equity indices gain traction, investors are selling out of gold exchange-traded funds (ETFs) at quite a pace, according to data provided by Coutts.