Two more Chinese fund houses have received permission to roll out domestic gold ETFs, with managers saying they will drive competition despite a slumping gold price.
Tag : huaan
China's first two gold ETFs are set to list, against the backdrop of a recent drop in global demand for the metal – though mainland fund houses see this as a buying opportunity.
Lazard names new Australia CEO, HuaAn hires former Kaisen CIO, T Rowe adds a fixed income head, and CBRE appoints Asia-Pacific chief operating officer.