Assets under management of Asia Pacific exchange-traded products decreased by USD2.9bn and ended at USD111.3bn last week, according to Deutsche Bank.
Assets under management of Asia Pacific exchange-traded products decreased by USD2.9bn and ended at USD111.3bn last week, according to Deutsche Bank.
On a year-to-date basis, Asia-Pacific ETP market is up by USD19.8bn or 21.7 per cent above last year’s closing. Asia-Pacific ETP turnover totalled USD5.9bn for last week, 30.7 per cent up from the previous week’s total. South Korea continued to be on top of the turnover ranking with USD2.7bn, followed by China (USD1.5bn), Hong Kong (USD0.9bn), Japan (USD0.5bn), and Australia (USD0.1bn). Among equity ETFs, emerging country, leveraged strategy, short strategy, and Asia Pacific developed country ETFs had total turnover of USD2.7bn, USD1.3bn, USD0.8bn, and USD0.7bn respectively. Under the commodity asset class, turnover in gold ETPs totalled USD69m for the last week. Last week, Great Wall Securities made its debut with an equity ETF listing on Shanghai Stock Exchange tracking the SSE180 Index.
Yen carry trade risks mount
Hedge funds and other leveraged investors face renewed risks from the yen carry trade as Japan moves further away from decades of…
More
Valour launches first crypto hedge fund using Neuronomics AI strategy
Valour, the digital asset investment products subsidiary of DeFi Technologies, has launched its first hedge fund as it expands beyond…
More
SocGen targets strong prime brokerage growth
Societe Generale is planning to significantly expand its prime brokerage business as part of Chief Executive Officer Slawomir Krupa's…
More
