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 […]
Tag: ETFs
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.
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.
