State Street has hired its first Asia head of business development for exchange-traded funds to target fund managers, among others.
Tag : exchange traded funds
Exchange traded funds
China’s CSRC grants approval to four fund houses as they seek to launch physically backed A-share ETFs in Hong Kong under the second batch of RQFII quotas.
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iShares takes the most net new money into its Asia-Pacific ex-Japan-listed exchange-traded funds in the first quarter, at the expense of firms such as Polaris and State Street Global Advisors.
Sovereigns and other asset owners in Asia are increasingly short-selling ETFs, say issuers.
The US bank is capitalising on its position as one of Asia's largest ETF market-makers to roll out a full-service third-party offering.
More Asian investors are looking at ETFs as a way of diversifying their investments in the region, notes State Street.
The CSRC is proposing a separate channel just to approve equity index fund products, suggesting it wants to support the development of ETFs in the country.
