The firm also plans to roll out up to three more equity ETFs this year.
He has joined Hong Kong-headquartered wealth manager The Capital Company. Separately, RBC Wealth Management has also hired two senior bankers in Singapore.
Despite market headwinds, the Hong Kong-based firm believes it will get traction with two products at opposite ends of the risk spectrum.
Hong Kong-based Premia Partners intends to launch four Asia smart beta exchange traded funds (ETFs) by the end of the year.
IT will only account for 3% of the MSCI China Index following the GICS reclassification.
The Hong Kong-based firm expects to launch two smart beta ETFs in August, with one investing in the Asean markets and the other in technology-enabled companies.
Hong Kong-based Premia Partners believes ETFs with thematic variety can gather assets and the firm expects to launch up to six Asia-focused smart beta products this year.
Conventional wisdom says Chinese state-owned enterprises (SOEs) are bad investments, but that is not necessarily true, according to David Lai, Hong Kong-based co-chief investment officer at Premia Partners.
Hong Kong-based exchange traded funds (ETF) provider Premia Partners has joined forces with US-based Wisdomtree Investments to develop smart-beta products for the Asian ETF market.
The firm received a green light from the Securities and Futures Commission to launch two China-focused ETFs, according to the latest records from the regulator.