International firm to delist all its ETFs in Hong Kong

Against a backdrop of tighter rules on and greater scrutiny of exchange-traded funds – particularly of the synthetic variety – an asset manager is set to delist all its ETFs in Hong Kong. Several sources suggest the firm in question is Lyxor Asset Management, which in recent weeks has seen the departure of Christine Huang, its Hong Kong-based vice-president of sales and marketing for ETFs. AsianInvestor was unable to ascertain her destination by press time. When asked the reason…