Overall, ETF AUM across Asia (ex-Japan) fell by 0.8% during the first five months.
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Overall, ETF AUM across Asia (ex-Japan) fell by 0.8% during the first five months.
Pinebridge’s Global ESG Quant Bond Fund became the best-selling product during the first half this year among all Taiwan-domiciled funds managed by a foreign firm.
It will be the first fund in the market that focuses on Singapore-listed Reits.
But there are a few winners, including Pinebridge’s ESG quant fixed income product, which had sizable inflows during the first quarter.
Regulatory developments in Taiwan and China are worth watching as they can potentially influence the shift to fee-based models in the region, according to a Cerulli report.
Thirty offshore funds were liquidated last year, including 12 from Jupiter AM, which decided to exit the market.
On the flipside, JP Morgan AM and HSBC Global AM had the highest net outflows, mostly driven by redemptions from their China equity funds.
The top 20 most read Greater China articles of 2019 include a number of business moves and regulatory developments in Hong Kong and China.
The launch follows the firm’s roll out of Taiwan’s first ESG ETF.
Invesco, UBS Asset Management and NN Investment Partners are the three new beneficiaries of Taiwan’s incentive scheme, while Eastspring fails to make the list this year.
Part of the Mark Allen Group.