Asia ETF News Older Than 1 year-If your looking for specific news, using the search function will narrow down the results
More Vanguard ETFs in the pipeline
May 17, 2013--Vanguard Group has launched its first Hong Kong-domiciled exchange traded fund, with plans to introduce more ETFs to the region in the future.
The Vanguard FTSE Asia ex Japan Index ETF is its first locally-domiciled product offering, says Shelly Painter, a regional MD, adding that Vanguard chose to domicile the fund in Hong Kong because it is an easier process than exporting a UCITS fund.
The ETF, Vanguard’s first retail offering in Hong Kong, offers investors exposure to large-and mid-capitalisation stocks in 11 Asian countries. It has a 22% weighting on China, 19% on South Korea and 15% on Hong Kong.
view more
Source: IP&E
China president takes charge of sweeping economic reforms
May 17, 2013--Chinese President Xi Jinping has taken charge of drawing up ambitious reform plans to revitalize the economy, sources close to the government said, shunning policy stimulus for fear it could worsen local government debt and inflate property prices.
A consensus had been reached among top leaders that reforms would be the only way to put the world's second-largest economy on a more sustainable footing, said the sources, who are familiar with the plans and Xi's involvement. China's economic growth is at its weakest in 13 years, although still the...
view more
Source: Todays Zaman
Vanguard Selects FTSE for First Hong Kong Domiciled ETF
Customised FTSE index for Vanguard HK debut
Global relationship extends to Hong Kong
May 16, 2013--FTSE Group ("FTSE") has been selected by Vanguard, one of the top three US asset management firms, as the index benchmark provider for its first Hong Kong domiciled ETF, which listed on Hong Kong Exchanges and Clearing Limited ("HKEx") on 15 May.
The ETF is based on an index which FTSE has customised for Vanguard - FTSE Asia Pacific ex Japan, Australia and New Zealand Net Total Return Index.
FTSE continues to build on its position as a leading global benchmark provider through index innovations and by customizing indices to meet the specific needs of investors and offering them increased investment opportunities.
view more
Source: FTSE
Japan's Q1 growth beats forecasts
May 16, 2013--Japan's economy grew faster than expected in January-March, expanding at its quickest pace in a year on the back of solid private consumption and a rise in exports spurred by Prime Minister Shinzo Abe's aggressive monetary and fiscal stimulus.
Thursday's Cabinet office data showed, however, that corporate investment has yet to follow to ensure a sustained economic upturn. Gross domestic product (GDP) rose 0.9 percent from the previous quarter, against the median forecast of 0.7 percent expansion in a Reuters poll of analysts. The growth translated
view more
Source: Todays Zaman
China's First Cross Border Exchange Traded Fund 00the Guotai NASDAQ-100 ETF-- Begins Trading on the Shanghai Stock Exchange
New Listing Provides Chinese Investors Access to U.S. Securities for First Time
May 15, 2013--The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ), today announced that China's first cross-border exchange-traded fund (ETF), based on the NASDAQ-100 Index(R), has begun trading on the Shanghai Stock Exchange.
The Guotai NASDAQ-100 Exchange-Traded Fund (Symbol: 513100), sponsored by Guotai Asset Management, was created so that investors in China could easily invest in the largest and most liquid companies traded on The NASDAQ Stock Market. The listing of this product marks the first exchange-traded fund in China to provide access to the U.S. market.
view more
Source: NASDAQ OMX
Investor Structure and Characteristics of Behavioral Changes in Shenzhen Market: Evidence from Data of Recent Years
May 15, 2013--In-depth analysis on the structure and changes of investors' trading behaviors helps promote the reform in fundamental system of the capital market. Since 2007, SZSE has been engaged in a long-term tracking study in investor structure and behaviors.
Based on the results of research, SZSE made ongoing verification, evaluation and optimization of trading rules, investor suitability management and other systems. According to 2012 statistics, there’s an overall improvement in market trading behaviors in view of the climbing rationality degree. However, mid- and small-cap retail investors are still vulnerable in the eco-sytem of the stock market.
Viewing from the changes of investor structure
First, the number of mid- and small-cap individual investors has significant increased. From 2010 to 2012, the accumulated number of accounts opened in the Shenzhen market increased from 76.25 million to 84.25 million, while the number of active accounts went up steadily from 19.38 million to 24.48 million. The year 2012 saw a lower account closing ratio per month in comparison to 2011. From 2007 to 2012, the percentage of free-float market capitalization held by individual investors decreased from 60.4% to 42.8%, but the percentage of their trading value fell relatively slower from 87.4% down to 85.6%. In general, in spite of the rising shareholding percentage of institutional investors, the proportion of individual investors will still remain high in China’s stock market in the near future, which is calling for an improvement in the trading structure.
view more
Source: Shenzhen Stock Exchange
Tokyo Stock Exchange To Begin Calculating US Dollar Hedged Index
May 15, 2013--To satisfy market demand for TOPIX index values that hedge foreign currency risk, the Tokyo Stock Exchange has been calculating and publishing the TOPIX Total Return Euro Hedged Index since January 2011 and will now begin calculating the TOPIX Total Return Index hedged into US Dollars.
The TOPIX Total Return US Dollar Hedged Index is calculated by hedging beginning-of-period balances using rolling one-month USD-JPY currency forward contracts. The index uses a hedge ratio of 100% and calculation is based on a methodology developed by S&P Dow Jones Indices.
view more
Source: Tokyo Stock Exchange (TSE)
China to launch offshore renminbi fund
May 15, 2013--China is set to push its currency deeper into global capital markets with the launch of the country's first-ever privately managed fund that invests in offshore renminbi assets.
Highland Capital Management, a newly formed company backed by the Yunnan provincial government, is seeking to raise up to Rmb15bn ($2.4bn) in its first fund and will focus on investments in southeast Asia.
view more
Source: FT.com
Akshaya Tritiya hard sell boosts gold ETF trade 14%
Amidst liquidation of gold exchange traded funds in the global markets, Indian investors went on a buying spree with exchanges recording 14% jump in trade in one day.
May 15, 2013--Bourses in India pulled out all the stops to attract investors to gold Exchange Traded Funds on the occasion of the Akshaya Tritiya festival, by waiving off charges and extending trading hours.
It is considered auspicious to buy gold on Akshaya Tritiya. Exchanges and fund houses said they were looking to cash in on the opportunity by hard-selling gold ETFs, since many Indian investors had redeemed their ETFs since the start of the year.
view more
Soure: Mineweb
ETF investor growth overshadows adviser usage
May 14, 2013--The number of Australian investors using exchanged-traded funds (ETF) grew rapidly in 2012 and that growth was expected to be mirrored in 2013, but the rise in adviser usage was minimal in comparison, according to an ETF report released yesterday.
The “BetaShares/Investment Trends ETF Report” found there were an estimated 69,500 ETF investors at the end of 2012, an increase of 15 per cent on the previous year. The number of investors was tipped to hit 79,000 by the end of this year, the report found.
If the midpoint of the forecasts were achieved, that would represent a 13 per cent increase for 2013.
view more
Source: Financial Observer
If you are looking for a particuliar article and can not find it, please feel free to contact us for assistace.
