Aussie-based Contango Asset Management and Californian-based WCM Investment Management have jointly launched an ETMF (an exchange traded managed fund) the WCM Quality Global Growth Fund for Australian investors which gives them exposure to stocks such as Shopify, the e-commerce platform which powered the launch of Kylie Jenner’s makeup line.
ETF data provider ETFGI reports that assets invested in ETFs and ETPs listed in Asia Pacific (ex-Japan) decreased to USD176 billion at the end of June 2018.
ETF data provider ETFGI reports that assets invested in ETFs and ETPs listed in Japan reached a record high of USD312 billion at the end of June 2018, surpassing the previous record of USD311 billion set at the end of May 2018.
Australia’s ETF industry powered through another month of growth, finishing the first half of the year at a new record high of AUD39.2 billion in funds under management, according to the BetaShares 2018 Australian ETF Half Year Review.
Solactive USD China Corporate High Yield Bond Index will be used as an underlying for the new KraneShares China Junk Bond ETF.
Aussie ETF provider BetaShares has appointed Dan Annan to the newly-created role of Director – Institutional Business.
Commenting on the US’s negative trade balance with China, Arrow Funds CEO Joe Barrato (pictured), says that this has been growing steadily over the last decade and factors such as growing concerns about China’s high debt levels, asset bubbles, and slowdown in industrial sectors, make this the right time to leverage and demand a balanced traded structure between the two countries, while China still relies on trading with the US.
Australia’s InvestSMART Group Limited has debuted its first ASX listed fund – an active ETF - designed to deliver investors income without sacrificing capital gains.
China Post Global has launched the Market Access STOXX China A Minimum Variance Index UCITS ETF, saying it is the first smart beta ETF on China to launch in Europe.
Market Access has launched the Market Access Stoxx China A Minimum Variance Index UCITS ETF - EUR Share Class on Xetra and Börse Frankfurt.