Despite a record-setting, multi-day market rally, valuations of Hong Kong stocks are currently low relative to both global equity markets and to the Hong Kong market historical average, according to FE analytics.
BlackRock has launched what it is has described as the first UCITS fund to track the 300 plus large and mid-cap stocks listed on the MSCI China A International Index.
The worlds largest asset manager, BlackRock, has launched its second exchange-traded fund (ETF) which aims to mirror the risk and return profile of UK real estate.
The total annual turnover of exchange traded funds and real estate investments trusts listed on the Hong Kong exchange soared 25% year-on-year to reach a record-high of HK$1.23trn ($150bn), according to the Hong Kong stock exchange.
Vanguard, the world’s largest mutual fund company, has announced senior management changes within its international group.
Deutsche Asset & Wealth Management, the wealth management arm of Germany’s Deutsche Bank, said it had listed Europe’s first exchange traded fund to cover equities in the Middle East Gulf region, which will include Saudi Arabia.
State Street Global Advisors has launched four advanced beta equity ETFs which will target stocks with low valuation characteristics.
Barclays has licenced its European sector value index to investment manager Ossiam for an ETF which targets undervalued sectors in the region.
State Street Global Advisors has reduced the fees on a further two of its European ETFs after cutting the costs of 15 of its offerings earlier this year.
Source, a European provider of exchange traded products (ETPs), has launched a euro-hedged version of one of its UCITS exchange traded funds.
State Street Global Advisers has launched a new exchange traded fund (ETF) which allows investors to adjust the duration of their European government bond exposures.
The Amundi JPX-Nikkei 400 UCITS ETF carries a TER of 0.18%, which Amundi says is the lowest in the market for this exposure.
