Exchange-traded funds have faced several obstacles in Asia, but liquidity, transparency and affordability have improved, and investors are taking notice, says financial information services firm Markit.
The UK asset manager has poached Paul So from Enhanced Investment Products to build an index funds team in Hong Kong. EIP has replaced him with ETF veteran Fred Jheon.
The commodity ETF provider is in the process of replacing Nigel Phelan and plans to make further hires this year.
The London-based exchange-traded commodity firm has won approval to operate in Hong Kong and relocated two executives to run the Asia business.