The move comes amid a reshuffle at the top of ANZ's ETF business and as Hong Kong is seen mulling the introduction of its first short and leveraged ETFs.
The man hired from HSBC to oversee SSgA’s ETF expansion strategy in the region has left, AsianInvestor has learned. He has been replaced internally.
Discretionary exchange-traded fund portfolios, commonplace in markets such as the US, are now growing in popularity in this region.
SSgA gains approval to allow MPF scheme providers to invest in its gold-backed ETF, just as the price of bullion sinks. Also, Invesco launches a CNH bond fund for its MPF platform.
Asia-Pacific institutional investors give their thoughts on ETF usage in a recent survey by Greenwich Associates and State Street Global Advisors.
The firm says it wants the flexibility of the RQFII scheme to be adopted in order to create a level playing field between Chinese, Hong Kong and foreign ETF operators.