ETFs making steady inroads into Asia, says SSgA
More Asian investors are looking at ETFs as a way of diversifying their investments in the region, notes State Street.
Asia has been slow to embrace exchange-traded funds (ETFs) , but local investors are warming up to the asset class, using it to gain risk-controlled exposure to specific countries in the region, says Daniel Farley, who heads allocation strategies for State Street Global Advisors’ (SSgA) institutional clients worldwide.
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