Samsung AM hires HK ETF head, readies more funds
The South Korean asset manager has brought in Mirae Asset's former Hong Kong head of exchange-traded funds as it prepares to list more products in the city.
Tag : samsung
Samsung AM flags challenges of HK ETF business
The Korean firm's head of ETF strategy said the asset manager's expectations had not been high for its first leveraged and inverse products in Hong Kong, as it moves to delist them.
Variation in L&I ETF volumes in HK raises questions
Certain leveraged and inverse exchange-traded funds newly listed in Hong Kong are being traded far more heavily than others, which has led some to question the source of demand.
GSAM, Prudential Financial, Samsung slump in China ranking
JP Morgan and UBS still head Z-Ben Advisors’ annual list of the leading foreign fund firms in China. Meanwhile, AllianzGI, Morgan Stanley and Fidelity have leapt into the top 10.
KFCCC eyes foreign safe havens amid local uncertainty
The CIO of the $37 billion South Korean fund sees local stock market risk potentially rising as the country awaits a new president and his or her approach to North Korea.
Leveraged ETF risks are overstated, says HK veteran
As Hong Kong's securities regulator softens its stance on leveraged funds, Citi's Stewart Aldcroft dismisses concerns that they are unsuitable for local retail investors.
