Lippo Investments Management awaits approval for its first exchange-traded fund, while db X-trackers expects to list more ETFs in Asia this year, and others look set to follow suit.
The new product uses a fundamental indexing approach to help it outperform similar, but more traditional, indices.
Last week, AsianInvestor spoke to the Hong Kong-based firm’s management team about its plans and thoughts on the exchange-traded funds market.
State Street Global Advisors is set to restructure its ETF business after the departure of Yip, who becomes Lippo Investment Management's third consecutive hire from SSgA, as the Indonesian firm bids to revive its former glory.
Malaysian government investment arm diversifies into Indonesian banking sector.