Signs of US equities comeback emerging
US equities enjoyed a resurgence in popularity in June, according to BlackRock.
US equities enjoyed a resurgence in popularity in June, according to BlackRock.
Global flows into exchange-traded funds may be steadily rising, but ETF usage is lagging among wealthy clients in Asia, according to Roger Bacon, Asia-Pacific head of managed investments at Citi Private Bank.
Strong inflows into exchange traded funds (ETFs) this year, which have grown during the recent market volatility, has underscored the growing strategic role the products are playing in investor portfolios, according to industry observers.
The major rebranding of BMO’s Europe, Middle East and Africa asset management business, and its recent acquisition of F&C Asset Management, is set to pave the way for new global initiatives as the business looks to push into different markets around the world.
Hong Kong-based, CCB International Asset Management, has launched an exchange traded fund which it said is the first renminbi-dominated ETF to be listed in Paris.
Hong Kong-based advisory firm, the Capstone Financial Group, has unveiled its own discretionary fund management (DFM) service to help centralise client accounts and steer the business towards a fully fee-based structure.
Distributors in Asia-Pacific are likely to use exchange-traded funds and other index-tracking products as core holdings when building model portfolios, according to Cerulli Associates.
UK-based platform provider Novia has seen the number of exchange-traded funds (ETFs) selected by advisers soar over the last year, but the firm’s chief executive said more needs to be done to familiarise IFAs with the products.
Growing demand from independent financial advisers in markets where the use of provider commissions has declined is helping drive growth in the exchange traded funds market, according to Nick Blake, head of retail at Vanguard Investments UK.
Fund managers focused on meeting benchmarks are missing out on market-beating returns through investments into high-yielding companies, says Angus Murray, chief executive at Castlestone.
Vanguard, the world’s largest mutual fund company, has launched an S&P 500 Index Exchange traded fund listed on the Hong Kong stock exchange.
Assets invested in the global ETF/ETP industry will surpass those in the world’s hedge fund industry during the current quarter, according to a report from independent research and consultancy firm ETFGI.