Assets invested in exchange-traded funds (ETFs) and exchange-traded products (ETPs) in the United States reached a record high of US$7.21 trillion in 2021, up 31.9% from US$5.47 trillion at the end of 2020, ETFGi says. Net inflows also recorded a record high of US$919.78 billion for the year, beating the prior record of US$490.19 billion in 2020.
18 Jan 2022
Vietnamese conglomerate TTC Group, digital financing platform Validus, and investment fund Do Ventures have formed a joint venture to drive financial inclusion and the growth of small and medium-scale enterprises (SMEs) in Vietnam.
14 Jan 2022
Standard Chartered Bank (Hong Kong) (SCBHK) has agreed to acquire RBC Investor Services Trust Hong Kong, allowing it to expand into the MPF and ORSO schemes trusteeship business in the city.
13 Jan 2022
Regulatory reforms and credit defaults in the property sector are pushing Chinese trust companies to look for new ways to survive in the harsh business environment.
12 Jan 2022
While ESG investing has yet to become mainstream in China, the country’s green initiatives, especially its pledge to reach carbon emissions peak by 2030 and carbon neutrality by 2060, have helped the concept to gain traction. Excluding money market funds, total ESG mutual fund and exchange-traded fund (ETF) saw AUM more than triple in 2020 to reach US$28.5 billion, while net inflows reached US$10.5 billion.
12 Jan 2022
HSBC Asset Management (HSBC AM) has launched a fund that will invest in a diversified portfolio of global assets under its sustainable investment strategy: the HSBC Global Sustainable Multi-Asset Income Fund.
10 Jan 2022
Deutsche Bank has appointed Mathew Kathayanat as Asia-Pacific head of securities services product management.
7 Jan 2022