Clarity sought on ETF sec-lending in Malaysia
February 18, 2013--CIMB-Principal and HSBC want to learn if ETF managers/custodians can share fee revenue from sec-lending.
Confirmation from the regulator could unleash a wave of securities for lending.
BetaShares Australian ETF Review-January 2013
February 18, 2013--The Australian exchange traded fund market is edging towards $7 billion in assets under management in what has been a great start to the year for the industry.
The industry hit a new record high of $6.8 billion as at the end of January 2013 according to BetaShares’ Australian ETF Review for January.
January represents the fourth month in a row the industry has achieved record highs with 5.9% market capitalisation growth and new inflows of approximately $110 million for the month. The best exchange traded products by performance for the month were platinum followed by US and global international equities products.
As well as the positive inflow activity, this month also saw exchange traded fund trading values up 12%, reinforcing the increasing levels of market conviction by investors. Another indicator of increasing investor risk appetite was that all exchange traded funds in the top 10 by net inflows were equities based, the first time ever for the BetaShares Australian ETF Review.
More ETFs likely for year ahead
February 18, 2013--February 18, 2013--The expected launch of exchange traded funds (ETFs) tied to commodities in China later this year will be a major milestone for the country's capital market and one that will likely prove popular with investors, according to analysts.
At present, there are 12 ETFs trading on the Shanghai Stock Exchange (SSE) with 40.8 billion yuan ($6.54 billion) in combined net assets, data from the exchange show.
According to analysts, China's ETF market is set to become more diversified this year as new products, including bond-backed and gold-backed ETFs, are expected to make their debuts over the coming months. All of the ETFs currently trading on the Chinese mainland are tied to publicly-traded equities and stock indices
World Gold Council: China Likely to Launch First Gold ETF This Year
February 17, 2013--The World Gold Council forecasts that China is likely to introduce the first gold exchange-traded fund product this year, a move to stimulate gold demand in the nation.
Analysts said that the launch of gold ETF products will play a vital role in the opening-up of China’s gold market. Data shows that Chinese gold investment demand has surged from 15 metric tons in 2006 to 274 metric tons in 2012.
India's central bank relaxes gold deposit scheme rules
The Reserve Bank of India has relaxed rules on gold deposit scheme offered by banks by allowing the lenders to offer the product with lesser maturity.
February 15, 2013--India's central bank has relaxed rules on gold deposit scheme offered by banks by allowing the lenders to offer the product with lesser maturity.
The Reserve Bank of India said in a release on Thursday that banks can offer gold deposits maturing in 6 months to 7 years period compared with 3 years to 7 years earlier. The central bank also said the banks do not need to obtain its approval for floating such schemes.
New ETF to be Listed on Mar. 7, 2013 (Thu.)-Nomura Asset Management Co., Ltd. "NEXT FUNDS Nomura Japan Equity High Dividend 70 Exchange Traded Fund"
February 14, 2013--Today, Tokyo Stock Exchange, Inc. (TSE) approved the listing of a new ETF managed by "Nomura Asset Management Co., Ltd.". The ETF will be listed on Thursday, March 7, 2013.
Code: 1577 (ISIN JP3047560002)
Name: NEXT FUNDS Nomura Japan Equity High Dividend 70 Exchange Traded Fund
DB-Synthetic Equity & Index Strategy-Asia-Pac ETF+ Monthly Directory- January 2013 ETPs
February 14, 2013--This document includes all Asia-Pacific listed exchange-traded funds (ETFs) and exchange-traded commodities (ETCs). The directory is organized by country and asset-class-related sub sections.
Within each sub section it has been sorted by ETP issuer by alphabetical order and by AUM in descending order. A number of key information points per product have been included in order to enable the reader to get an overview in their own area of interest. Among the key numeric information we include avg. daily turnover, assets under management, and cash flows (all in $US).
DB-Synthetic Equity & Index Strategy-Asia-Pac Weekly ETF Market Review-ETP AUM remains flat amid mixed equity markets
February 14, 2013-Market Review
Last week, the Asia-Pacific region had mixed markets. Compared to the week before, from north to south:
Japan (Nikkei 225) -0.34%
Korea (KOSPI2)-0.21%
China (CSI 300) +1.04%
Hong Kong (HSI) -2.14%
Singapore (FSSTI) -0.63%
Australia (S&P/ASX 200) +1.02%
New Product Launch Review
There was no new ETP listing in the last week.
Turnover Review
Asia-Pacific ETP turnover totaled $13.1bn last week, 9% up from the previous week’s total. Hong Kong continued to be on top of the turnover ranking with $3.7bn turnover, followed by China ($3.4bn), South Korea ($3.4bn), Japan ($2.1bn), and Taiwan ($0.3bn). Among equity ETFs, the emerging country, Asia-Pacific developed country, leveraged long strategy, and short strategy ETFs had total turnovers of $7.9bn, $2bn, $1.8bn, and $0.8bn, respectively. Among the commodity asset class, turnover in gold ETPs totaled $77mn.
Assets under Management Review
Last week, Asia-Pacific ETP AUM decreased by $344mn and ended at $139.9bn. On a year-to-date basis, Asia-Pacific ETP market is up by $3.9bn or 2.9% above last year’s closing.request report
Japan remains mired in recession
February 14, 2013--Japan secured fresh ammunition against charges that it is recklessly expanding its monetary policy and weakening the yen after evidence emerged that the country's economy was in weaker shape than most experts had believed.
Government data on Thursday that showed Japan unexpectedly remained stuck in recession last quarter could help Japanese officials at what is shaping up to be a contentious meeting of G20 finance ministers and central bankers in Moscow beginning on Friday.
RQFII A-share ETF to be Listed on Feb. 27, 2013 (Wed.)
February 13, 2013--Today, Tokyo Stock Exchange, Inc. (TSE) approved the listings of 2 ETFs managed by "China Asset Management (Hong Kong) Limited" and "CSOP Asset Management Limited" respectively.
These are the first listings of RQFII* A-share ETFs in Japan, and also the first foreign ETFs listed in Japan using the JDR scheme. The ETFs will be listed on Wednesday, February 27, 2013.
* Renminbi Qualified Foreign Institutional Investors.