ChinaAMC Licenses MSCI China A Index for New China A Shares ETF
January 29, 2015--MSCI Inc. (NYSE:MSCI), a leading provider of investment decision support tools worldwide, has licensed the MSCI China A Index to China Asset Management Co., Limited (ChinaAMC) for a new ETF, the ChinaAMC MSCI China A ETF, to be listed on the Shanghai Stock Exchange in March.
With over USD 50 billion in assets under management1, ChinaAMC is one of the largest asset managers in Mainland China, and launched the first ever ETF there in 2005. The ChinaAMC MSCI China A ETF is the first ETF to be listed in Mainland China that tracks a China A index from an international index provider.
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Source: MSCI
FTSE RAFI Index selected for first Australian ETF based on US fundamental factors
January 29, 2015--Index weighted by the fundamental factors of a company rather than market capitalisation
Top 1,000 US stocks measured by these factors captured in ASX-traded ETF
FTSE RAFI has 10 year track record providing alternatively weighted indices
January 29, 2015--FTSE Group ('FTSE'), the global index provider, announces that BetaShares, one of Australia's leading providers of exchange traded products, has chosen the FTSE RAFI US 1000 Index for its latest Exchange Traded Fund (ETF).
The index was developed in association with Research Affiliates(R), LLC and is the basis for the first US fundamental equity index ETF issued to the Australian market.
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Source: FTSE
MNI India Business Sentiment Falls to 64.2 in January
Business Confidence at the Lowest Level in Nine Months
January 28, 2015--The MNI India Business Indicator experienced the sharpest fall in 11 months, declining 6.1% to 64.2 in January from 68.4 in December 2014.
Business confidence eased for the fourth consecutive month to the lowest level since April 2014, the month before Narendra Modi was elected as Prime Minister. Sentiment is almost 10% down from its peak in September and barely above the level in January 2014.
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Source: MNI Indicators
Hong Kong-Shenzhen launch set for second half, will miss June MSCI review -sources
January 28, 2015--The Hong Kong stock exchange expects a much-hyped trading link with its counterpart in Shenzhen to launch in the second half of this year, sources told Reuters-a timeline that could undermine China's chances of being included in a major investor benchmark.
Many market watchers had expected the landmark Stock Connect scheme linking Hong Kong with Shanghai to be extended to Shenzhen before June, but individuals briefed by Hong Kong Exchanges & Clearing CEO Charles Li said a start towards the end of the third quarter now looks more likely.
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Source: Reuters
BetaShares launches US equities ETF
January 28, 2015--BetaShares has launched the ASX's first US equities exchange-traded fund to use the 'fundamental index' methodology.
In a statement BetaShares said the launch of the fund follows its Australian equities Fundamental Index ETF, which was launched in 2013.
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Source: ifa.com
CSOP to Launch MSCI T50 ETF (3021) Capturing First-Mover Advantages in Global Top 50 Internet Companies
January 28, 2015--CSOP MSCI T50 ETF (stock code: 3021) has listed on The Hong Kong Stock Exchange on 28 January 2015 as the first ETF product in Hong Kong market investing in the Internet segment. This ETF product closely tracks the MSCI China and US Internet Top 50 Equal Weighted Index to reflect the performance of the 50 largest Chinese and US Internet software and service providers and Internet retail enterprises in terms of market capitalisation.
The listing of CSOP MSCI T50 ETF on the main board of The Hong Kong Stock Exchange allows investors to conduct real-time trading during local time in Hong Kong to gain exposures to shares of leading Internet companies listed on both Hong Kong and the US markets, and also presents rare investment opportunities of potential IPOs access to internet companies.
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Source: CSOP Asset Management Limited
CSOP Asset Management Licenses New MSCI China and USA Internet Index
New index forms basis of CSOP MSCI China & USA Internet 50 ETF
January 27, 2015--MSCI Inc. (NYSE: MSCI), a leading provider of investment decision support tools worldwide, announced today that CSOP Asset Management, one of the largest Chinese asset management firms in Hong Kong with over USD 8 billion in assets under management, has licensed the MSCI China and USA Internet Top 50 Equal Weighted Index* for a new ETF to be launched shortly.
"We chose MSCI as the index provider for this ETF as the new index delivers broad coverage of globally recognized Internet companies, which we believe play an important role on defining the future of the world economy," said Jack Wang, Deputy Chief Marketing Officer of CSOP Asset Management. "As a leading ETF provider we were also impressed with the high level of support from MSCI."
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Source: MSCI
MNI-Chinese Business Sentiment Down in January
Production and New Orders Fall Sharply
January 22, 2015--Following a strong end to 2014, business sentiment
among China's largest companies fell at the beginning of 2015, led by significant declines in output and
orders
The MNI China Business Indicator fell to 53.7 in January from 56.2 in December, the first monthly
drop in three months. Overall sentiment is now at the lowest since October, before the People's Bank of
China cut its benchmark deposit and lending rates to stimulate economic activity.
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Source: MNI Indicators
Shanghai's option market launch shadowed by regulatory probes, brokerage suspensions
City's exchange chief wants focus on risk controls for hedging instrument amid rising market volatility and fears for small investors
January 19, 2015--A flurry of reform efforts to make the mainland's capital markets fit for global investors has sent uncertainty sweeping across the equity arena as brokers face probes into trading irregularities and exchanges struggle to get to grips with a fast-evolving marketplace.
The Shanghai Stock Exchange is counting down to next month's launch of the mainland's first stock option market, but bourse chief executive Huang Hongyuan told a financial forum in Shenzhen that more focus should be put on risk controls for the new financial instrument at a time when volatility is on the rise.
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Source: South China Morning Post
China Weighs Allowing Bond Trades on Hong Kong-Shanghai Link
January 20, 2015--"We can offer more diversified products," Huang Hongyuan, president of the Shanghai Stock Exchange, said through a translator at a presentation in Hong Kong on Jan. 20.
"Perhaps we can move to ETFs or bonds; we can perfect further transaction arrangements."
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Source: Bloomberg