Allianz Global Investors has hired Wilfred Sit as equity CIO for Asia Pacific from Hang Seng Investment Management.
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Allianz Global Investors has hired Wilfred Sit as equity CIO for Asia Pacific from Hang Seng Investment Management.
Aaron Thirukumar is director for institutional sales, while Sabrina Kwek is senior director for wealth distribution.
The new fund is the asset manager’s first fixed income ETF.
The three products start trading on the Hong Kong stock exchange today.
Thematic investing is particularly appealing for investors looking to tap the far-reaching demographic, environmental and behavioural changes in China in their search for alpha.
Thematic ETFs should account for a larger proportion in portfolios as they are focused on disruptive technologies, according to Global X.
The move is part of Mirae Asset Global Investments efforts to integrate ESG into its investment process.
The funds focus on new technologies and the entertainment sector in China and Asia.
The firm now manages $880m in China-focused thematic products in Hong Kong.
ETFs investing in the video games and e-sports industry have returned around 40% since January.
Part of the Mark Allen Group.