Franklin Templeton aims to launch active Ucits ETFs in Asia
December 6, 2022--Asset manager hopes to list in Hong Kong and Singapore in first instance
Franklin Templeton is gearing up to launch Irish-domiciled active exchange traded funds across Asian markets for the first time.
The company currently has four ETFs, all active, listed in the Australian market, with total assets of A$439.4mn ($294.5mn), and the firm is looking to bring over a selection of products from its range of about 50 active ETFs to other big markets in the region.
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Source: ft.com
South Korean investors pour money into Japan-listed US ETFs
November 29, 2022--The strategy is a bet that the dollar will become even stronger against the yen
South Korean investors are increasingly turning to Japan-listed currency-hedged exchange traded funds that invest in the US hoping to cash in on a trend that has seen the yen weaken against the dollar.
US-focused ETFs were listed among the top five most purchased Japanese stocks and funds by South Korean investors in the past three months but did not even appear in the list of the top 100 most popular products in the same period last year, according to Korea Securities Depository data.
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TSMC fever helps boost fortunes of Taiwan ETFs view more
Hong Kong's CSOP AM sets sights on South Korea's retail ETF market view more China's PSBC launches first ESG wealth product with STOXX index-linked investment vehicle view more Race to launch Hong Kong's first retail crypto futures ETF begins view more Aussie stock exchange abandons blockchain plans. leaving $170M hole view more Global X Japan Launches ETF Tracking Solactive Autonomous and Electric Vehicles The growth of alternatives to the combustion engine and therefore the emergence of electric vehicles as well as the development of autonomous vehicles will change the landscape of the automotive ecosystem. Envisaging this potential, Solactive is pleased to announce that Global X Japan launched the Global X Autonomous & EV ETF, tracking the Solactive Autonomous & Electric Vehicles Index.
The Solactive Autonomous & Electric Vehicles Index offers investors a representation of the performance of players that are or are expected to soon be active in the electric vehicles and autonomous driving segments.
view more BlackRock ETF stands to benefit from revised Bank of Japan policy view more KIM Launches Semiconductor ETF Tracking Solactive Index view more If you are looking for a particuliar article and can not find it, please feel free to contact us
Source: ft.com
November 28, 2022--Funds with large exposure to chipmaker saw sharp gains after news broke of Berkshire Hathaway stake
Taiwanese exchange traded funds with significant exposure to Taiwan Semiconductor Manufacturing Company have seen sharp gains as overseas investors place large bets on the chipmaker.
Fubon Taiwan Technology ETF is the most exposed to TSMC, with nearly 60 per cent of its assets invested in the company.
Source: ft.com
November 25, 2022--Move would make it the first Chinese firm to enter the local ETF space
Hong Kong's CSOP Asset Management is seeking approval from South Korea's financial authorities to sell its exchange traded funds to the country's retail investors, in a move that would see it become the first Chinese firm to step into the local ETF space.
CSOP AM, a Hong Kong-based subsidiary of China Southern Asset Management, has submitted applications to South Korea's Financial Supervisory Service to register five ETFs.
Source: FT.com
November 25, 2022--Postal Savings Bank of China (PSBC), one of the Asian nation's largest lenders, has introduced its wealth management unit's first ESG product with an investment vehicle that tracks an optimized STOXX index by Qontigo.
The investment product's equity tranche replicates the STOXX(R) PSBC China A ESG Index, which selects shares with a superior sustainability profile from within the largest 300 securities by free-float market capitalization in the STOXX(R) China A 900 Index
The index applies exclusionary screens for companies in breach of the UN Global Compact Principles and related norms, and those involved in controversial weapons, tobacco or thermal coal. PSBC's investment product separately includes a fixed-income tranche.
Source: qontigo.com
November 17, 2022--The narrow range of permissible assets is expected to make competition particularly fierce
Exchange traded fund providers are busy working towards submitting applications to launch retai-oriented crypto futures ETFs after the local regulator announced it would open the door to such products.
Being among the first to list a retail crypto futures ETF on the local bourse will be particularly critical to the success of the product, given the narrow range of permissible underlying assets outlined in a Securities and Futures Commission circular, experts said.
Source: ft.com
November 17, 2022--The blockchain-backed upgrade in the works for nearly five years has potentially cost Australia's primary exchange over $170 million.
The long-anticipated plans by the Australian Securities Exchange (ASX) to use blockchain to bring its clearing and settlements system into the 21st century have just been canceled.
In a Nov. 17 statement, ASX announced it had paused all current activities of its "CHESS replacement project" following an independent review from technology consulting firm Accenture, which identified "significant challenges with the solution design and its ability to meet ASX's requirements," stating: ...
Source: cointelegraph.com
November 17, 2022--Thematic investment has been gaining increasing popularity in the last years. These strategies allocate assets into stocks or other investments based on specific business sectors or themes, intending to benefit from the materialization of trends, technological innovation, and advancements.
One of the main topics that is awakening investors interest now is the automotive industry, which is going through a rapid and disruptive change.
Source: Solactive AG
November 15, 2022--Japanese central bank says it will in future focus on investing in the most affordable products
A BlackRock Japan exchange traded fund could be the biggest beneficiary of a change in the Bank of Japan's ETF purchasing programme, which will focus on investing in the most affordable products.
"The amount of each ETF to be purchased shall be determined pursuant to the relevant rules of the bank, while taking into account the holding cost of each ETF and other factors," effective December, according to a BoJ statement issued on October 28.
Source: ft.com
November 15, 2022--The increasing demand for computing products and mobile devices, as well as the growing interest in electric cars and home appliances, mainly built on artificial intelligence developments, lead to a vast potential in the semiconductor industry. The sector has grown by more than 20% to around $600 billion in 2021 and is forecast to have an aggregate annual growth from 6% to 8% up to 2030[1], according to an analysis by McKinsey & Company.
The document shows that the result is a $1-trillion-dollar industry by the end of the decade. Envisaging this potential, Korea Investment Management launches the KIM ACE Solactive Global Semiconductor TOP4 ETF, tracking the Solactive Global Semiconductor Top 4 Plus Index, offering investors a balanced exposure to semiconductor industry based on four major classifications: memory semiconductors, non-memory semiconductors, foundry services, and semiconductor equipment. This index is a representation of securities that have business operations in the global semiconductor industry.
Source: Solactive AG