Singapore wealthtech platform Keenai partners with Fullerton Fund Management
Fullerton Fund Management will provide the new wealthtech platform with SGD-denominated investment strategies.
The Global X ETF combines high dividend stocks with an options strategy, the first of its kind in Hong Kong.
FSA looks at which funds have outpaced the Hong Kong stock market rally of the past two weeks.
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The firm now boasts 28 ETFs and ETPs in Hong Kong, with its latest product offering exposure to some of the highest dividend-yielding securities in the region.
They include Hong Kong’s first actively managed Asia equities ETF.
The firm will be launching its first active ETF in Hong Kong.
Investors are concerned about US President Biden’s plan of increasing corporate taxes, which are expected to hit the growthier parts of the market.
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The firm listed two thematic ETFs in London last month.
This week FSA presents a quick comparison of two India equity products: the Mirae Asset India Sector Leader Equity Fund and the PineBridge India Equity Fund.
The Korean asset manager has diversified away from its recent passive fund focus with offerings of two actively-managed growth equity products.
Winton Capital will act as an advisor for a PFM fund. Separately, Mirae Asset is also expected to launch its third PFM product.
The firm also has a QDLP qualification on top of its PFM business.
Oil ETFs underscore the argument for passive products that track a broad market index rather than too narrow a sector.
Under the new structure, managers may find it easier to distribute their funds outside of Hong Kong.
Other plans include offering its globally-listed ETFs to investors in Southeast Asia.