|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|
|OECD-China: time to focus on financial risks and structural reform|
|March 21, 2017--As the Chinese economy matures to a slower but more sustainable growth path, policy efforts need to focus more on efficiency, stability and inclusiveness, according to a new OECD report|
|China's economy grows 6.9% in first quarter of 2017: Govt|
|April 17, 2017--China's economy grew 6.9 percent in the first quarter of 2017, government data showed Monday, beating expectations in the latest sign of stabilisation in the world's second-largest economy.|
|World Bank-South Asia Could Potentially Benefit from Globalization Backlash|
|April 16, 2017--Despite possible protectionism, the fastest-growing region in the world has an opportunity to increase exports and create jobs|
|World Bank: Growth in East Asia & Pacific Likely to Remain Resilient|
|April 13, 2017--April 13, 2017--Report recommends that policy makers continue to address macroeconomic vulnerabilities, improve quality of public spending and promote integration to help the region sustain resilience.|
|Philippine economy likely to grow close to 7 percent in next three years|
|April 11, 2017--Strong, inclusive growth is projected to speed up the pace of poverty reduction
The Philippines is likely to grow close to 7 percent in the next two to three years, and will remain a top performer in the East Asia and Pacific Region, according to the World Bank Philippines Economic Update released today.
|STOXX ASEAN Select Dividend 30 Index to underlie exchange-traded fund in Singapore|
|April 5, 2017--STOXX Ltd., the operator of Deutsche Böerse Group's index business, and a global provider of innovative and tradable index concepts, today announced that an ETF based on the STOXX ASEAN Select Dividend 30 Index has been tradeable on the Singapore Stock Exchange (SGX) since Tuesday.|
|Bassanese Bites: ASX breaks its range|
|April 2, 2017--The Week in Review
The key global development last week was solid US economic data in the form of a surge in consumer confidence and a modest upward revision to Q3 GDP.
|PBOC: Capital Flow Management Crucial To Economic Balance|
|March 30, 2017--Urges 3-Pronged Approach And Policy Coordination
China should conduct a certain level of macro-prudential management in a bid to deal with risks caused by cross-border capital flows, the People's Bank of China (PBOC) said in a working report on Thursday, noting that even if the yuan exchange rate were allowed to float freely, "relevant management" would still be necessary.