The German bank sees an opportunity to provide tighter pricing on gold exchange-traded funds in Asia, citing its capabilities in gold spot and futures trading.
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.
State Street Global Advisors declares itself happy after listing a new Greater China-focused ETF in Hong Kong under an umbrella structure that should make it easier to launch more products in future.