Two ETFs launched this week in Taiwan and Korea track a technology-focused cross-border index jointly developed by the two countries’ stock exchanges.
Tag: Korea
Asian markets and the Trump-Kim Summit
Will the outcome of the historic US-North Korean summit in Singapore on June 12 impact Asian markets? FSA asks Janus Henderson, Barings, Aberdeen Standard and BOS what they think.
Hong Kong ETF AUM slips
The assets under management in Hong Kong ETF market slipped in the first quarter of 2018, placing it for the first time below South Korea, Morningstar data show.
Mirae Asset to establish JV in Vietnam
Korea’s Mirae Asset Global Investments is forming a joint venture with Vietnam’s State Capital Investment Corporation (SCIC), according to local reports.
In case you missed it – 12 January 2018
Pinebridge poaches SSGA’s EMEA CEO; UOB AM launches digital advisory service; Mirae Asset to launch alternative fund in India; Vietcombank/Templeton funds see AUM double; SSGA creates head of Korea role; India- and China-focused hedge funds are strongest performers; and more…
Korea ETF assets drive record high in Asia
Asia’s ETF inflows set a record high during the first seven months and Korea- and China-listed ETFs gathered the most assets, according to data from ETFGI.
Barings names new Korea CEO
Barings has appointed Ike Bae as its new Korea CEO. He replaced Thae Khwarg, who retired in December last year after more than 20 years with the firm.
Tax changes may boost Korea’s mutual fund industry
The government intends to temporarily waive a 15.4% capital gains tax on overseas equities funds, according to a Cerulli report.
What influences Asian fund sales?
Hong Kong, Singapore and Korea retail investors are most influenced by fund fees in their investment decisions, but Taiwan is different, according to a BNY study.
Capital Group expands North Asia sales team
In Korea, Andrew Hwang joined the firm as a director of strategic solutions. Hwang was poached from Janus Capital, where he was responsible for non-Japan Asia business development. Prior to that, he had also worked with BNY Mellon Asset Management for product development and strategy in the region. In Taiwan, Berry Hsieh came over from […]