|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|
|SINGAPORE-IMF STAFF REPORT FOR THE 2014 ARTICLE IV CONSULTATION KEY ISSUES|
|October 17, 2014--Outlook and risks. Following an upturn in 2013, growth is expected to moderate somewhat during 2014-2015, narrowing the positive output gap. The impact of recovering demand in advanced economies is likely to be offset by the ongoing real appreciation of the currency and the gradual tightening in global monetary conditions. Transitional costs related to the economic restructuring (see next paragraph) are also expected to dampen growth in the near term.|
|IMF-Regional Economic Outlook Update: Asia and Pacific|
|IMF Survey Asia and Pacific: Still Going Strong, Says the IMF|
October 10, 2014--Steady economic outlook for Asia and Pacific helped by supportive policies, accommodative financial conditions
Risks include abrupt tightening of global liquidity, stretched real estate markets, lower potential growth
Call for policymakers to push forward with structural reforms, rebuild macroeconomic policy space.
|BlackRock replaces iShares Asia chief|
|October 10, 2014-- Susan Chan has taken up the role in addition to her position as head of iShares;Asia capital markets team.|
|WEF Collaboration Key to Economic Future of South Caucasus and Central Asia|
|September 10, 2014--Greater cross-border collaboration in terms of economic policy-making could bring significant benefits to economies in the South Caucasus and Central Asia region as they aim to build resilience and take advantage of growth opportunities in the changing global economy, according to the findings of a new report, Scenarios for the South Caucasus and Central Asia, launched today.|
|World Bank Expects Slower Growth in Developing East Asia Pacific in 2014|
|Forecast Shows Region to Grow Nearly 7% This Year and Next
October 6, 2014-Developing countries in East Asia Pacific will see slightly slower economic growth this year, but the pace of growth in the region, excluding China, will pick up next year, as the gradual recovery in high-income economies boosts demand for exports from the region, according to the East Asia Pacific Economic Update released today by the World Bank. Still, developing East Asia Pacific remains the fastest-growing region in the world.
|Led by India, South Asia Economic Growth to Accelerate, World Bank|
|October 6. 2014--Economic growth in South Asia is forecast to accelerate to 2016 led by an increase in activity in India, the biggest economy in a region that has the world's largest concentration of poor people, a World Bank report said.|