SET to list "BSET100 ETF" tracking SET100 TRI on September 12
September 11, 2017--The Stock Exchange of Thailand (SET) will list
BCAP SET100 ETF (BSET100), the exchange-traded funds (ETFs), managed by Bangkok
Capital Asset Management Co., Ltd (BCAP) on its main board on September 12, as
the first ETF to be listed on SET this year.
BSET100 aims to track the
performance of SET100 Total Return Index (SET100 TRI).
SET Senior Executive Vice President Rinjai Chakornpipat said, "BSET100 is the
ETF which invests in SET100 constituents, which are 100 large-cap stocks with
high liquidity. SET100 TRI is an investment benchmark that includes returns from
both capital gains and dividends. SET100 TRI's average return was 10.40 percent
per year over the past five years (2012-2016). BSET100 will be an efficient
tool that easily and conveniently provide investors low-cost investment
diversification to the 100 securities."
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Source: Stock Exchange of Thailand
Fee model would boost Asian ETF market
September 11, 2017--Until people pay for advice, growth will remain sluggish
While regulators in the US fret that the pace of growth in the exchange traded fund market may be too explosive, their counterparts in Asia along with asset managers and distributors sweat over what more can be done to raise investor interest.
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Source: FT.com
China relaxes currency controls
September 11, 2017--Central bank scraps rules designed to discourage bearish currency bets.
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Source: FT.com
Renminbi steady after softening past Rmb6.5 per dollar
September 11, 2017--The renminbi was as much as 0.3 per cent weaker on Monday at Rmb6.5155 per dollar after China's central bank reportedly signalled it had eased restrictions on shorting the currency.
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Source: FT.com
PBOC to Remove Reserve Requirement on FX Forward Trading
September 8, 2017--Reserve requirement said to be cut to zero, from 20% currently
Change seen aimed at slowing the yuan's pace of appreciation
China's central bank will effectively remove a reserve requirement for trading foreign currency forwards--a move that may slow the pace of yuan appreciation after its biggest two-week surge in at least a decade--according to people familiar with the matter.
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Source: Bloomberg
Japanese bonds: expect lower-for-longer yields
September 7, 2017--Bank of Japan buying and investor risk aversion keep 10-year debt near zero.
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Source: FT.com
World Bank lays out options for accelerated Pacific Island growth
September 7, 2017--The World Bank today laid out a series of options to accelerate economic growth in the Pacific region to create more than 500,000 new jobs and increase incomes by more than 40 percent for people in most Pacific Island countries by 2040.
The report, Pacific Possible, was launched by the Prime Minister of Samoa, Hon. Susuga Tuilaepa Sailele Malielegaoi and World Bank Vice President for East Asia and Pacific, Victoria Kwakwa at a meeting of leaders and representatives from 17 Pacific Island nations, plus Australia and New Zealand, at the 48th Pacific Islands Forum Leaders' Meeting in the Samoan capital Apia.
view the World Bank report-Pacific Possible
Source: World Bank
Bitcoin Tumbles as PBOC Declares Initial Coin Offerings Illegal
September 4, 2017--Digital currency falls as much as 11 percent, most since July
China PBOC says all ICOs must be stopped and refunds provided.
Bitcoin tumbled the most since July after China's central bank said initial coin offerings are illegal and asked all related fundraising activity to be halted immediately, issuing the strongest regulatory challenge so far to the burgeoning market for digital token sales.
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Source: Bloomberg
Hong Kong, Singapore in talks to grab bigger share of derivatives business
September 3, 2017--Hong Kong and Singapore are seeking to snare a bigger share of the $540 trillion global derivatives business, taking advantage of tough new UK and European banking rules and uncertainty created by Britain's plans to leave the European Union.
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Source: Reuters
Modi's 'smart beta' ETF first in the world, and worthy too; here's why
September 1, 2017--Investing via indices, or passive investing, has accelerated rapidly over the past decade. As interest in index investing has grown, so has the nature and flavour of indices.
Starting from plain vanilla market capitalisation-weighted indices designed to capture the market or a slice of the market, indices have expanded to include an array of investment themes, which are rules-based strategies labelled under the catch-all term 'smart beta'.
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Source: economictimes.indiatimes.com