Kensington Trust Group (KTG), the Asian associate of private and institutional client service provider JTC, has been granted a licence by the Monetary Authority of Singapore to conduct trust business in the jurisdiction.
Enhanced Investment Products Limited’s ETF business, XIE Shares, has launched the XIE Shares FTSE Gold Miners ETF, The Gold Miners ETF, on the Hong Kong Exchange.
Australian ETF provider BetaShares launched about seven years ago, with its first ETF listed in December 2010, and has surfed a wave of growth in the sector in the country since then.
The Australian ETF industry hit a new all-time high in September of AUD24.1 billion in funds under management according to the BetaShares Australian ETF Review – September 2016.
The Taiwan Stock Exchange (TWSE) and the Korea Exchange (KRX) have announced the cross listing of ETFs tracking the benchmark indices of both markets.
The exchanges write that the move further expands the growing links and cooperation between the two bourses. Both ETFs will be the first index-based products to track Korean and Taiwanese securities in each market.
BCS Global Markets, the largest securities broker on the Moscow Exchange, has signed a partnership agreement with Caderus Capital, the Russian-Chinese investment group, to develop cross-border investments between China and Russia.
Singapore Exchange’s (SGX) SGX Index Edge is to use S&P Global Markets Intelligence’s Alpha Factor Library to develop new quantitative index models and smart beta indices across Asia Pacific.
ZyFin, the asset management and advisory firm focused on emerging market ETFs, has published its monthly review of the major economic trends in the Indian equity and debt markets.
Jesper Koll, CEO at WisdomTree Japan, has issued a comment on the impact Shinzo Abe’s election victory will have on the Japanese economy. Koll expects upcoming market stimulus to be sizeable, with the Japanese authorities also introducing ‘Drone Money’ - direct cash transfers to targeted groups of households - to further stimulate domestic consumption.
AQR Capital Management has opened an office in Hong Kong after securing approval from the Hong Kong Securities and Futures Commission.