Asia ETF News for the Past Year
CSOP Asset Management Launches CSOP MAG Seven ETF Tracking Solactive Magnificent Seven Index
November 6, 2024--Solactive is pleased to expand its collaboration with CSOP Asset Management Limited. The CSOP MAG Seven ETF aims to track the Solactive Magnificent Seven Index, offering investors direct access to seven of the largest and most influential U.S. technology companies-Alphabet, Amazon, Apple, Meta Platforms, Microsoft, Nvidia, and Tesla-each of which has established itself as a leader in innovation, digital transformation, and technological advancements.
The U.S. tech sector, particularly represented by the "Magnificent Seven," continues to drive the stock market through its cutting-edge innovations and global influence. These industry leaders, spanning areas like AI, cloud computing, and electric vehicles, have demonstrated resilience and high returns, even during market volatility. Nvidia's dominance in AI hardware and Microsoft's growth through AI-driven cloud services reflect the critical role technology plays in shaping the future of industries.[1]
With their innovative capacity and strong financial performance, these companies contribute significantly to the overall performance of the U.S. economy, with their stocks forming a substantial portion of major indices like the Solactive GBS United States 500 Index.
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Source: Solactive AG
BetaShares-The ultimate guide to dividend ETFs
November 6, 2024--Dividend exchange-traded funds (ETFs) offer investors the opportunity to generate attractive income.
Not only can dividend ETFs provide investors with relatively attractive yields, but some strategies intentionally seek to grow income above the rate of inflation.
In this article, we'll explore the world of dividend ETFs and what to look for before investing in these products.
Key takeaways
Dividend ETFs aim to invest in companies that are expected to pay high, reliable and/or growing income streams.
Dividend ETFs can invest in a range of different types of assets, including Australian shares, international shares and Real Estate Investment Trusts (REITs).
Distributions can be paid monthly, quarterly, semi-annually, or annually.
ETF issuers do not keep dividends as performance fees -they are generally paid out to investors as distributable income.
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Source: BetaShares AU
HKEX to Digitalise ETP Servicing Capabilities with Online Platform
November 5, 2024--Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to announce today (Tuesday) plans to digitise and automate the in-kind creation and redemption process for relevant exchange-traded products (ETP) in 2025 through the adoption of a web-based platform, subject to technical readiness and regulatory approval.
This platform will be integrated into the ETP creation and redemption process, connecting key ETP participants with the use of Distributed Ledger Technology (DLT) and smart contracts, and will help increase overall ETP market efficiency, supporting the continued growth of secondary market activity for ETPs.
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Source: Hong Kong Exchanges and Clearing Limited (HKEX)
GTN and SBI Group collaborate to launch "SBI Saudi Arabia Equity Exchange Traded Fund (ETF)"
November 4, 2024-The launch marks the first ETF dedicated to investing in the Saudi Arabian stock market listed on the Tokyo Stock Exchange.
GTN and SBI Holdings announced on October 30 at FII 8th Edition 2024 in Riyadh the launch of the "SBI Saudi Arabia Equity Exchange Traded Fund (ETF)"-a groundbreaking ETF dedicated to investing in the Saudi Arabian stock market and listed on the Tokyo Stock Exchange.
This fund marks a significant milestone as it represents the first ETF focusing exclusively on Saudi equities to be accessible to Japanese investors.
The collaboration between GTN and SBI Group stems from a Memorandum of Understanding (MOU) signed in May 2024 in Tokyo at the Saudi Japan Vision 2030 Event in the presence of H.E. Eng. Khalid bin Abdulaziz Al-Falih, the Minister of Investment.
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Source: GTN
Asia's Economies Can Embrace Services to Boost Growth and Productivity
October 30, 2024--Manufacturing has been the engine of growth in Asia, but a transition to modern, tradable services could be new source of growth and productivity
The Asia-Pacific region prospered by becoming the source of more than half of global factory output, but another transformation to higher-productivity services has the potential to further support growth.
Employment and production typically move from agriculture to manufacturing to services, as part of natural progression that comes with rising income.
Today, many Asian countries-including China, Indonesia, Korea, and Thailand-are highly industrialized. If history is a guide, industry's share of production will shrink as more activity passes to services.
Indeed, the growth of services has already drawn about half of the region's workers into that sector, up from just 22 percent in 1990, as hundreds of millions moved from farms and factories.
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Source: imf.org
Taiwan ETF assets jump 50% in first eight months, fee income seen to surge
October 24, 2024-Taiwanese exchange-traded fund assets surged almost 50% in the first eight months of the year driven by growing investor interest in passive investments, and may generate roughly 50% more management fee income for the asset management industry in 2024 than in 2023, according to Keystone Intelligence, a Taipei-based investment consulting firm.
The 246 Taiwan-registered ETFs had NT$5.8 trillion (US$180.2 billion) of total assets as of end-August, up 48.7% from NT$3.9 trillion at the end of 2023. The ETFs accounted for 64% of onshore fund assets in August, up from 53% a year ago.
The top ten ETF managers earned around NT$8.9 billion of combined management fees from January to August, compared to NT$9.08 billion in all of 2023 and NT$7.08 billion in 2022, and "their annual management fees are expected to top NT$13.5 billion in 2024", Donna Chen, founder and president of Keystone Intelligence, predicted in a commentary issued this week.
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Source: asiaasset.com
Japan maintains cautious stance on crypto ETFs
October 23, 2024--While global markets embrace crypto ETFs, Japan's strict tax policies and regulatory caution impede further adoption.
Japan's regulators are reluctant to approve cryptocurrency-based exchange-traded funds (ETFs), even as global markets embrace spot crypto ETFs.
Despite growing calls from domestic advocacy groups and partnerships forming to launch digital asset products, Japan's tax and regulatory stance continues to present hurdles to adoption.
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Source: cointelegraph.com
China cuts key lending rates to support growth
October 20, 2024-- China cut benchmark lending rates as anticipated at the monthly fixing on Monday, following reductions to other policy rates last month as part of a package of stimulus measures to revive the economy.
RSMC is Rockefeller's first actively managed SMID Cap ETF and, at the time of launch, is among the largest actively managed SMID cap ETFs with approximately $740 million in assets. The strategy seeks to invest primarily in US small and mid-cap companies with durable business models and enduring growth, with the goal of delivering attractive risk-adjusted returns.
The one-year loan prime rate (LPR) was lowered by 25 basis points to 3.10% from 3.35%, while the five-year LPR was cut by the same margin to 3.6% from 3.85% previously.
The lending rates were last cut in July.
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Source: reuters.com
China's plan to get around Western tariffs: Fill the world with factories
October 5, 2024-In response to the trade war, the Asian giant is investing billions of dollars abroad in plants, especially in industries linked to the energy transition
China has entered a new phase of global expansionism. Its technology companies - linked to the green transition - have begun to sow seeds in countless territories.
Every so often, an agreement is announced to lay the groundwork for a production plant that will churn out electric vehicless, batteries, electrolyzers for the production of green hydrogen, or solar panels. This is happening across the world, including in Spain, Brazil, Germany, Vietnam, Mexico, Turkey and Hungary.
The new trend speaks to the international vocation of Beijing, which seeks to lead a sector in which it sees itself as being one step ahead of its competitors, due to its technological capacity and productive power. It wants to reach all corners of the planet, so as to be close to key markets.
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Source: elpais.com
BBH Annual Greater China ETF Investor Survey: ETF Assets reach record highs as Greater China propels ETF investment in APAC
September 11, 2024--77% of investors predict they will increase their use of ETFs in the next 12 months.
Exchange Traded Fund (ETF) asset growth has hit new highs in the Greater China region, with investor demand fueling growth and 77% of investors predicting increased ETF use in the next year. The findings of the 7th Annual Greater China ETF Investor Survey from Brown Brothers Harriman & Co. (BBH), a global leading ETF custodian and administrator, show that ETFs and the strategies being deployed in Greater China are continuing to evolve.
The Greater China survey-a subset of BBH's Global ETF Investor Survey-represents the opinions of more than 100 ETF investors from Mainland, Hong Kong and Taiwan, where 59% of respondents manage over USD$1 billion in assets and of which, 39% have 50% of their portfolio invested in ETFs (compared with 24% globally).
Key Findings:
GREATER CHINA: ETF growth leads APAC:
Substantial growth for ETFs: For the first half of 2024, Greater China accounted for USD$102 billion of net new flows, representing 70% of all net new flows in APAC.
view the 2024 Greater China ETF Investor Survey
Source: bbh.com
