Winton Capital will act as an advisor for a PFM fund. Separately, Mirae Asset is also expected to launch its third PFM product.

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.
One of the firm’s thematic ETF products has amassed around $150m within the first six months after launch.
Acquired by Mirae Asset Global Investments last year, Global X has begun promoting its products in the region.
Assets of three other China-focused thematic ETFs have already passed the break-even mark.
The acquisition will enable the French firm to develop onshore funds in Taiwan.
On top of having a QDLP licence, the Korean firm has received a private fund management (PFM) licence from the Asset Management Association of China (Amac), according to the agency’s records.
Part of the Mark Allen Group.