|New Push For Bond ETFs in Down Under-continued|
|January 29, 2012--Australian retail investors seeking fixed income products have traditionally had a limited range of choices, but a recent regulatory change to allow fixed income exchange traded funds on to the Australian Securities Exchange (ASX) could be a significant boost to the asset class, the FT reports.|
|New rules to allow the listing of fixed income ETFs on the ASX were approved by the Australian Securities and Investments Commission (ASIC) just before Christmas and came into effect in January.
The move is a welcome change for ETF providers such as BlackRock and Vanguard, which offer a range of fixed income products globally but have been prevented from listing them in Australia. “We think we’ll see strong demand from the retail segment – which includes self-managed superannuation funds – and also from institutions,” says Mark Oliver, Australian head of iShares, BlackRock’s ETF operation. “Institutions can access broad fixed interest markets quite easily,” he says, “but with the ETFs, they can gain access to a diversified portfolio in a single trade. Also [ETFs] offer excellent liquidity, which often the underlying bonds cannot. “During the credit crisis of 2008, for example, the US bond ETFs traded through the volatility, while it was difficult for people at the same time to price the underlying bond.”
|Source: ETF Radar Magazine|
|Asia ETP News|
|IMF Working paper-India: Defining and Explaining Inclusive Growth and Poverty Reduction|
|April 16, 2014--Summary: The IMF has documented the evolution of poverty and inequality across Indian states during the recent period of rapid growth (2004-09), and examine the role of growth and distribution in reducing poverty. Robust economic growth has been a major driver of poverty reduction and inclusiveness in India.|
|IMF report-Malaysia: Financial Sector Assessment Program Financial Sector Performance, Vulnerabilities and Derivatives-Technical Note|
|April 15, 2014--EXECUTIVE SUMMARY|
Strong regulatory oversight, coupled with efforts to restructure the banking sector in the aftermath of the Asian financial crisis in 1997-1998, has supported rapid growth in Malaysia's financial sector over the last decade.1 The banking sector has undergone consolidation while competition has increased following measures implemented under the Financial Sector Master Plan 2001-2010.
|QDII 2 unveiled in landmark China opening|
|April 11, 2014--A scheme to link the Hong Kong and Shanghai exchanges and allow institutions and wealthy individuals to trade cross-border is broadly welcomed.|
|Time For South Asia to Focus Attention on Domestic Risks, World Bank Says|
|With external vulnerability receding, time to refocus on reforms
April 9, 2014--The World Bank said today it was cautiously optimistic about economic prospects in South Asia in 2014 because of growing exports and investment as it emphasized that the risks to growth were becoming more domestic, including an increasingly vulnerable banking sector.
|Malaysia's i-VCAP to boost Islamic ETF with foreign stocks|
|April 8, 2014--I-VCAP Management, Malaysia's only asset manager offering Islamic exchange-traded funds, will this year launch its first product that includes foreign equities to attract new investors.|
|Barclays El-Asmar to depart|
|April 8, 2014--Philippe El-Asmar, head of global equities distribution and head of distribution Asia Pacific at Barclays in Hong Kong, will leave the firm at the end of April.|
|East Asian Economies Expected to Grow at a Stable Pace in 2014|
|Structural Reforms Key to Long-Term Growth and Prosperity
April 7, 2014--Developing countries in the East Asia Pacific region will see stable economic growth this year,bolstered by a recovery in high-income economies and the market's modest response so far to the Federal Reserve's tapering of its quantitative easing,according to the East Asia Pacific Economic Update released today by the World Bank.
|ETF/ETN Monthly Report for Mar 2014|
|April 4, 2014--Daily average trading value surpassed JPY 100 billion for the fifth consecutive month|
The ETF/ETN market remained vibrant in March 2014, with a daily average trading value of about JPY 119.2 billion and monthly trading value reaching about JPY 2.38 trillion.
|ETF License Application for TOPIX Double Inverse (-2x) Index|
|April 2, 2014--The TSE is now accepting license applications for ETFs based on this index as follows:|
|Singapore Exchange mulls starting physical gold trading|
|SGX may join peers in South Korea and China in offering physical bullion trading as Asian demand increases, drawing supplies out of Europe.|
March 27, 2014--Singapore Exchange Ltd., Southeast Asia's biggest bourse operator, is considering starting physical gold trading, according to three people with direct knowledge of the matter.
|Futures tracking new Nikkei index to trade on OSE|
|March 26, 2014--Japan Exchange Group, operator of Asia's largest bourse, said Tuesday that it will launch futures products based on the recently created JPX-Nikkei Index 400 stock average on its Osaka Exchange this fall.|
|Japanese investment in foreign securities hit new high in 2013|
|March 26, 2014--The value of outstanding Japanese investment in foreign securities rose 18% to reach a record 478 trillion yen ($4.63 trillion) at the end of last year, Bank of Japan data released Tuesday shows.|
|Ucits bonus rules may boost HK fund take-up|
|March 26, 2014-- Asset managers in Asia may consider redomiciling Ucits funds as Hong Kong vehicles if they were to .|
|Thai bourse lists KTAM SET50 ETF Tracker on March 26|
|March 25, 2014--The Stock Exchange of Thailand (SET) will list KTAM SET50 ETF Tracker, managed by Krung Thai Asset Management pcl (KTAM), on its main board on March 26, under the ticker "ESET50." The fund offers the lowest management fee among ETFs tracking SET50 in order to give more returns to investors.|
|Absa's palladium ETF amasses 8,600 oz|
|March 25, 204--The palladium-backed exchange-traded fund due to be launched in Johannesburg by Absa Capital on Thursday has already amassed 8,600 ounces of metal to back its shares, Absa's head of exchange-traded products said on Monday.|
|Infographic: Higher-Density Cities for a Greener China|
|March 24, 2014--The Infographic: Higher-Density Cities for a Greener China is available.|
|South Asia Regional Brief|
|March 24, 2014--STORY HIGHLIGHTS
The percentage of people living on less than $1.25 a day fell in South Asia from 61% to 31% between 1981 and 2010. Still, 42% of the world’s poor live in South Asia-more than any other region in the world.
Growth in South Asia rose to an estimated 4.6 percent in 2013 from 4.2 percent in 2012 on a market price-calendar year basis. Growth was, however, well below its pre-crisis pace.
|Disentangling India's Investment Slowdown|
|March 24, 2014--Summary: This paper documents the recent slowdown in investment in India and explores its underlying causes. The sharp investment deceleration has sparked an intense debate about the role of interest rates, as well as business confidence and economic policy uncertainty.|
|China Expands Bank Financing With Preferred Stock Trial|
|March 21, 2014--China issued rules for a trial program allowing companies to sell preferred stock, expanding financing options for the nation's banks as they seek to address tougher capital requirements.|