Tai United Holdings Limited’s indirect wholly-owned Singapore-based subsidiary Tai United Asset Management has been approved by the Monetary Authority of Singapore (MAS) as a Registered Fund Management Company (RFMC) under the Securities and Futures (Licensing and Conduct of Business) Regulations to officially carry on fund management business in Singapore.
March 2016 saw RBS’s ETF range Market Access move to China Post Global, in a transition that managing director Danny Dolan describes as ‘smooth’. “The team and I were at RBS previously with the ETFs,” Dolan explains, “and we moved here in parallel to the acquisition in a very smooth process.”
Kevin Carter, pictured, is founder of EMQQ, an ETF focused US-listed emerging markets internet and e-commerce companies. Founded in 2014, and with just USD90 million under management, his time has come with year to date performance of over 30 per cent, and listings as one of the top performing Science/Tech funds in a variety of listings in the US.
Michael Wang from ETF Securities Equity Research has written a note on China A-Shares finding that financial conditions in China are tightening as policymakers are attempting to reverse some of the stimulus from last summer.
Commenting on Alibaba’s quarterly and full fiscal year results, Kevin Carter, founder of EMQQ, the Emerging Markets Internet & Ecommerce ETF says: "The Chinese consumer is alive and well, and increasingly looking online to buy the goods and services they want. Revenue growth accelerated to 60 per cent and was strong in all segments of the company's business, while core Ecommerce revenue rose by 47 per cent, cloud revenue doubled, and media and entertainment revenue tripled. All of this is quite impressive, and the share buyback program is a positive piece of news as well."
Viktor Nossek (pictured), director of research at ETF provider WisdomTree Europe has written a note giving five reasons why Indian equities could spice up a portfolio. He writes that India is at an interesting crossroad where leadership is pro-actively taking tough reforms for long-term growth. Two pillars of the Indian economy, that is consumption and demographics, have encouraging projected growth numbers.
ETF data provider ETFGI has revealed that assets invested in ETFs/ETPs listed in Japan reached a new record high of USD209 billion at the end of April 2017.
The Australian ETF provider BetaShares writes that the Australian ETF industry increased 3.3 per cent (or AUD900 million) to hit a new record of AUD28.3 billion in funds under management (FUM) at the end of April.
Aussie ETF firm BetaShares reports that the Australian ETF industry increased 4.8 per cent (or AUD1.26 billion) to hit a new record of AUD27.4 billion in funds under management (FUM) at th
Jesper Koll, Head of WisdomTree Japan, writes that the coming two weeks are poised to go down as the first real insight into ‘Team Trump’s’ global economic leadership skills.