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.
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.
.jpg&c=1&h=194&q=100&v=20245230&w=344)
State Street has hired its first Asia head of business development for exchange-traded funds to target fund managers, among others.
Sovereigns and other asset owners in Asia are increasingly short-selling ETFs, say issuers.
More Asian investors are looking at ETFs as a way of diversifying their investments in the region, notes State Street.
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.
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.
