Listed options on China A-share ETFs have drawn interest from banks, institutional investors and market-makers looking to cash in on demand for China-related securities.
Lim Advisors and Metage fail to gain board representation after Macquarie International Infrastructure Fund shareholders vote against a trio of nominees.
Shareholders in the Macquarie International Infrastructure Fund would benefit from fresh thinking that an expanded board of directors could provide, says board nominee.
The hedge funds are asking shareholders of Macquarie International Infrastructure Fund to appoint three executives to the listed vehicle’s board to help raise stock market values.
The two firms will refer clients to each other under an arrangement that sees Macquarie’s Asian wealth-management arm transfer to the Swiss private bank.