ETF investors forecast to number 66,500 by end of 2012, says BetaShares
May 16, 2012--The number of exchange traded funds (ETFs) used by investors is on the rise despite continued market volatility, with 63,000-70,000 ETF investors expected by the end of 2012, according to forecasts contained within the BetaShares/ Investment Trends ETF Report. At the end of 2011, there were 60,500 ETF investors, an increase of 13% from the prior year.
The BetaShares Report is the only comprehensive survey of Australian ETF users surveying 6,785 investors and 966 advisers on their experiences and usage of ETFs.
The findings show diversification and low cost continue to be the main reasons driving investment in ETFs although most respondents provided 3.5 reasons suggesting multiple benefits are apparent. The average ETF transaction size increased 13 per cent to $18,000 from the prior year.
“It’s not surprising investors are finding multiple reasons to use ETFs, ranging from accessing investments and liquidity as well as the core benefits of diversification and low cost,” says Drew Corbett (pictured), Head of Investment Strategy at BetaShares.
Data in the report indicates that current fear levels are just shy of those experienced during the GFC, which has resulted in a major shift in returns expectations. In considering the next 12 months, investors returns expectations of the equities markets have decreased from 8 per cent in December 2010 to 4.4% in April 2012.
“A lower returns outlook due to market volatility explains investor behaviour in seeking refuge in cash and term deposits. Despite this, ETF investors or those considering the product continue to increase,” says Corbett.
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Source: Canadian ETF Watch
China Expands Scope for Short Selling, Securities Journal Says
May 16, 2012--China will start a trial next week that will allow brokerages to borrow stocks for clients wishing to conduct short selling, the China Securities Journal reported.
Brokerages can also borrow money on behalf of clients for margin financing, the newspaper reported today, without saying where it got the information. Twenty-five securities companies will participate in the test, along with the stock exchange, fund management companies and China Securities Finance Co., which was set up as an agency to provide funds and stocks for brokerages’ short selling and margin trading. The journal is a publication affiliated with the official Xinhua News Agency.
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Source: Bloomberg
China injects vigour into carbon debate
May 16, 2012--This year is not turning out well for the climate change business.
The pace of global climate talks is sluggish. Prices have collapsed in the world’s biggest carbon market. Eurozone woes have shoved environmental concerns well down the list of priorities for leaders worldwide.
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Source: FT.com
China to launch Hong Kong stock ETFs
May 15, 2012--China plans to launch two exchange traded funds to invest in the Hong Kong stock market soon, the Shanghai Securities News reported Wednesday, citing an unnamed source.
The ETF products will be under the Qualified Domestic Institutional Investors program, and investors can subscribe with the yuan or foreign currencies, said the report.
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Source: Market Watch
Thai bourse sponsors research on capital market
May 15, 2012--The Stock Exchange of Thailand (SET)'s Capital Market
Research Institute (CMRI), gears up SET business strategy to strengthen Thai
capital market's capability by sponsoring research produced by 15 leading educational institutions, to promote sustainable capital market development.
CMRI provides the opportunity for a new generation of researchers to produce
quality work on the capital market through the annual Sponsorship Research on the Capital Market project, now being held for the second consecutive year.
Apart from the educational institutions, the project has gained attention and good cooperation from participants in the capital market in giving advices and exchanging views in practical term for researchers, said Veerathai Santiprabhob, SET Chief Strategy Officer.
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Source: SET
DB-Equity Research-Asia-Pac-Monthly Directory : April 2012 ETPs
May 14, 2012--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).
If you have any questions about any of the products listed, or any suggestions on how to improve the directory going forward, please do not hesitate to get in touch.
The following link will be available for 90 days. For more information, please click on the link for the full PDF. If you have any trouble viewing the link, copy and paste the link in a browser.
http://pull.db-gmresearch.com/p/345-A7F0/71676598/Asia-Pac_ETF+_Monthly_Directory_15_May.pdf
Source: Deutsche Bank - Equity Research - Asia Pacific
DB-Equity Research-Asia-Pac-ETF Market Weekly Review: ETP AUM lost $2.3bn amid bearish equity markets
May 14, 2012--Market Review
Last week, all the markets in the Asia-Pacific region were down. From north to south, Japan (Nikkei 225) lost 4.55%, Korea (KOSPI2) fell by 3.93%, China (CSI 300) slid by 2.91%, Hong Kong (HSI) decreased by 5.32%, Singapore (FSSTI) was down by 3.58%, and Australia (S&P/ASX 200) declined by 2.52% over the previous week.
New Launch Review
Last week, three new products were launched in the Asia-Pacific ETP market. Bosera Fund Management Co Ltd listed one equity ETF on the Shanghai Stock Exchange tracking SSE Natural Resource Index. Harvest Fund Management listed one equity ETF on the Shenzhen Stock Exchange tracking SME-ChiNext 400 Index. Further, Polaris listed one equity ETF on Taiwan Stock Exchange tracking SSE50 Index.
Turnover Review
Asia-Pacific ETP turnover totaled $6.1bn for last week, 82.5% up from the previous week’s total. South Korea continued to be on top of the turnover ranking, with $1.9bn, followed by China ($1.6bn), Hong Kong ($1.3bn), Japan ($0.9bn), and Taiwan ($0.2bn). Among Equity ETFs, Emerging Country, Asia Pac Developed Country, Leveraged Strategy, and Short Strategy ETFs had total turnover of $2.9bn, $1.3bn, $872m and $413m respectively. Under the Commodity asset class, turnover in Gold ETPs totaled $151m for the last week.
Assets Under Management Review
Last week, Asia-Pacific ETP AUM declined by $2.3bn and ended at $98.8bn. On a year-to-date basis, Asia-Pacific ETP market is up by $7.3bn or 8% above last year’s closing.
to request report
Source: Deutsche Bank - Equity Research - Asia Pacific
ETF growth continues according to BetaShares' April review
April 14, 2012--The Australian market for exchange-traded funds (ETFs) continues to grow, according to BetaShares' April review which points to funds under management just shy of the recorded high of $5.45 billion.
According to BetaShares, growth had been slow during April, with approximately $7 million of new money entering the market. And where March's standout had been international equities, the top performers for the month of April had been property securities and Palladium.
Drew Corbett, head of investment strategy at BetaShares said that the shift continued to develop a trend of gradual switching between competing ETF products as investors conducted their due diligence and looked for similar beta exposures at lower costs.
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Source: Money Management
Squeeze on Asia funds industry continues
May 13, 2012--Last month's Asian fund forum in Hong Kong was an opportunity for the industry to take stock of recent developments and to assess how current trends regionally and globally are likely to impact upon the fund management industry in Asia.
Despite sustained growth over the past 10 years and general optimism about the growth of wealth management and the accumulation of assets owned by individuals, concerns were expressed by some of the speakers about the industry’s ability to overcome a number of potential headwinds that could slow growth in the market for international companies.
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Source: FT.com
New ETF finishes lower on debut
May 11, 2012--The first exchange traded fund (ETF) issued by Yuanta Securities Investment Trust since its acquisition of Polaris made its debut on the Taiwan Stock Exchange yesterday yet closed lower, on an overall decline of the TAIEX.
The Polaris SSE 50, which tracks the Shanghai Stock Exchange 50 Index, had a listing price of NT$19.81 and closed at NT$19.66. The weighted stock index TAIEX meanwhile declined 82.64 points to 7,401.37.
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Source: China Post
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