Ultumus-Asia
November 6, 2017--Korea
Conventional wisdom and nationalist stereotypes tell us that Koreans love derivatives and leveraged products because they love to take a punt on spot prices.
And this week's Korean listings conform to the stereotype. Four Korean issuers are listing ETPs this week, all of which are leveraged.
KIM lists S&P ETNs with true leverage
Korea Investment Management is listing two ETNs. They are:
Korea Investment & Securities TRUE leverage S&P500 futures ETN H 22 (570022)
Korea Investment & Securities TRUE Inverse 2X S&P500 futures ETN H 23 (570023)
As the products, names suggest, both track the S&P with leverage going both ways.
Nonghyup Bank lists the same two products....
Samsung lists inverse gas trackers
Inverse and leveraged natural gas ETNs have been some of the best and worst performing products this year. And so Samsung, like other Korean issuers, has listed a 2x leveraged and inverse natural gas tracker. They are
Samsung Securities Samsung Inverse 2X Natural GAS Futures ETN 38 (530038)
Samsung Securities Samsung Leverage Natural GAS Futures ETN 37 (530037)
As is common among Korean ETF issuers, both achieve their commodities exposure through Dow Jones indices.... Shinhan Investment does the same thing...
view more
Source: ULTUMUS-Financial Data Management
China's pensioners to get customised mutual-fund products for stock investment
November 6, 2017--The new fund product may ease pressure on government pension payments and help stabilise the country's stock market.
China's pensioners will have a new channel to invest in the nation's US$7.7 trillion stock market, as the securities regulator outlines requirements for asset allocations and holding periods for a new type of mutual fund serving retirees.
view more
Source: South China Morning Post
BetaShares-Don't go over the limit! How to trade ETFs
November 1, 2017--As investors around the world continue to adopt ETFs, there has been an increased focus on the most appropriate way to trade these instruments.
We are often asked how one should trade ETFs, and this blog aims to address this- with a very simple rule of thumb to make sure you get what you expect.
view more
Source: betashares.com.au
SGX Welcomes The Listing Of Lion-Phillip S-REIT ETF, The First ETF With Pure S-REITs Underlying
October 30, 2017--Singapore Exchange (SGX) today welcomed the listing of Lion-Phillip S-REIT ETF, jointly launched by
Lion Global Investors Limited ("Lion Global Investors"), one of the largest asset management companies in Southeast Asia, and Phillip Capital Management (S) Ltd. ("Phillip Capital Management"),
a home--grown Asian fund management company.
This marks the first ETF listing by Lion Global Investors, partnering with Phillip Capital, who launched its first ETF product on Singapore Exchange last year.
Financial Services Agency Japan-Initial Coin Offerings (ICOs)-User and business operator warning about the risks of ICOs
October 27, 2017--What are ICOs?
In general, an ICO collectively means an activity to raise funds from the
public using a digital token issued by a company or an individual. It can
also be known as a token sale.
For users:Risks of ICOs
A digital token issued in an ICO has the following high risks;
Price volatility:
The price of a token may decline or become worthless
suddenly.
Potential for fraud:
ICOs usually provide a white paper. However, there are possibilities that the projects in the paper are not implemented, or the goods and services planned are not offered in reality.
view more
Source: FSA (Financial Services Agency Japan)
Regulator's U-turn paves way for dual-class companies to raise funds in Hong Kong in pilot plan
October 27, 2017--Only giant tech firms with investor protection measures will join under a pilot scheme to be launched next year as SFC is no longer opposed to dual-class shareholding
Companies with multiple classes of shares among their shareholders may be allowed to raise capital in Hong Kong by the middle of 2018, as the city's Securities&Futures Commission (SFC) backs away from its position on the "One Share, One Vote" principle, which has been a pillar of the local capital market since the 1980s.
view more
Source: South China Morning Post
BetaShares-Left in the dirt: What's driving our sharemarket performance?
October 24, 2017--The Australian sharemarket has struggled to match the performance of global peers in recent years. While a number of theories have been put forward to explain our relatively poor returns, this note suggests two factors tend to dominate: trends in export commodity prices and the health of the global technology sector.
On this basis, it seems likely our market could struggle against global peers for some time yet.
Recent Australian relative equity performance
Australian equities have tended to underperform the global benchmark in recent years, though the degree of underperformance does depend on how returns are measured.
view more
Source: betashares.com.au
Premia Partners debuts with the world's first fundamental multi-factor China A-shares ETFs tracking bedrock and new economy with Caixin Rayliant Smart Beta methodology
October 23, 2017--Premia Partners, the Hong Kong based investment firm that focuses on ETFs and smart beta solutions, announces the launch of two smart beta China equity ETFs designed to provide investors with diversified exposure to the China A-shares markets.
The ETFs track the CSI smart beta indices which employ methodology provided by Caixin Rayliant Smart Beta ("Caixin Rayliant") led by Dr. Jason Hsu, Chairman and CIO of Rayliant Global Investors, and Co-founder and Vice Chairman of Research Affiliates.
view more
Source: Premia Partners Company Limited
National Bureau of Statistics of China-National Economy Sustained the Momentum of Stable and Sound Development in the First Three Quarters of 2017
October 19, 2017--Since the beginning of this year, under the strong leadership of the Central Committee of the Communist Party of China with Comrade Xi Jinping at its core, all regions and departments thoroughly implemented the new concepts of development, adhered to the general working guideline of making progress while maintaining stability, focused on supply-side structural reform, appropriately expanded the aggregate demand, deepened reform and innovation, reinvigorated real economy, guarded against and defused risks, and strengthened guidance on expectations.
As a result, the national economy grew steadily with continuously optimizing structure, rapidly growing new driving forces and remarkably improving quality and efficiency, sustaining the momentum of stable and sound development.
According to the preliminary estimation, the gross domestic product (GDP) of China in the first three quarters of this year was 59,328.8 billion yuan, a year-on-year increase of 6.9 percent at comparable prices, growing at the same speed as that in the first half of this year, or 0.2 percentage point higher than the same period last year.
view more
Source: National Bureau of Statistics of China
A simple guide to the Chinese Communist Party's 19th congress
October 19, 2017--In case you hadn't heard, something huge is going down in China this week. So huge that the internet has been disrupted, popular TV shows have been cancelled, and Beijing's sky will turn perfectly blue.
What is going on?
It's time again for the National Congress of the Chinese Communist Party (CCP), China's most important political event, held twice every decade. The 19th congress will kick off on Wednesday (Oct. 18), and is expected to last for a week. Around 2,300 party members from across the country will attend the meeting in Beijing to select the party's top leadership for the next five years.
view more
Source: WEF (World Economic Forum)