Hong Kong-based Magnum Research is also launching a stand-alone fixed income ETF portfolio for its B2C clients.
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Hong Kong-based Magnum Research is also launching a stand-alone fixed income ETF portfolio for its B2C clients.
But the demand for such products is expected to slow with market expectations of a rate cut from the Federal Reserve, according to a Cerulli report.
In total, six fund managers in Hong Kong this year have announced they will be delisting 14 ETFs.
Out of all the companies listed globally, Alibaba is already the 12th most widely held stock in long-only active strategies.
Hong Kong-based Magnum Research obtained a Type 9 licence in Hong Kong and is mulling plans to launch its own strategies.
Despite Hong Kong sliding into recession amid ongoing social unrest, firms continue to launch products to the SAR’s retail investors.
The firm believes that there is a value play among beaten-down Hong Kong stocks.
Following a similar fund debut in September, Capital Group is bringing another product focused on global innovation to Hong Kong and Singapore.
CSOP Asset Management has pulled two ETFs from the Hong Kong market since July, following a spate of other firms doing the same.
Ultra high net worth wealth fell for the first time in three years in 2018, and Hong Kong is no longer the city with the world’s largest population of UHNWI, according to a recent report.
Part of the Mark Allen Group.