Asia ETF News Older Than 1 year-If your looking for specific news, using the search function will narrow down the results


Thailand-SEC approves Thai ETFs on foreign ETFs

February 24, 2010--The Securities and Exchange Commission approved the guidelines for the launch of exchange-traded funds (ETF), to raise funds in Thailand for investment in foriegn ETFs.

The investible foreign ETFs are required to link to common products, demonstrate passive investment instrategies and be tradable on the exchanges which are members of the World Federation of Exchange.

Source: The Nation


WDX Organisation Announces Historic First As Oil-Based Product Is Priced In World Currency Unit (WOCU)

February 24, 2010--WDX Organisation Ltd., the company behind the Wocu (World Currency Unit) is delighted to announce its agreement with Navitas Resources, the specialist energy and climate commodity trade facilitator. In a world first, the new Navitas electronic exchange intends to price marine fuel (bunker fuel) in Wocu, alongside USD, from Q2 2010. The agreement follows Navitas joining WDX’s Early Participation Scheme earlier this year.

Importantly this will enable shipping companies to tender in either Wocu or Dollars for quotes at various ports around the world for marine fuel products and allow suppliers to place offers in the market 24/7. The marine fuel market is around 200 million metric tonnes a year globally, valued at approximately $100bn per year. Because the Wocu is a derivative of the exchange rates of the world’s top 20 economies (as measured by GDP) its use is expected to significantly reduce currency fluctuations compared to pricing in USD. It is anticipated that both consumer and producer will benefit greatly from the smoothing effect of the Wocu, as the oil industry and consumers are exposed significantly to USD currency volatility.

Navitas Resources, based in Singapore, is in the business of developing trading markets. Its NR-X electronic online platform allows suppliers and consumers to buy, sell and tender in various physical commodity markets over a safe, anonymous and secure network. It is the first physical trading platform to support the Wocu, differentiating it substantially from other trading platform exchanges.

Francesca Zerenghi, CEO of Navitas Resources, said, “We are taking a leading role in the development of non-US denominated commodity transactions. Both energy companies and developing countries with significant US dollar exposure will have the opportunity to reduce volatility in their earnings and balance sheet through the use of the Wocu. We became an Early Participation Scheme member of the WDX Organisation Ltd, along with leading foreign exchange companies and securities firms, as we strongly believe that developing markets should have access to a trading platform where they can control their risk much more effectively. Reducing exchange rate fluctuation risk enhances this considerably. ”

read more

Source: WOCU


HKEx Welcomes Government Proposals to Strengthen Hong Kong's Financial Services Industry

February 24, 2010--Hong Kong Exchanges and Clearing Limited (HKEx) issued the following statement in response to media enquiries about today's budget speech by Hong Kong's Financial Secretary.

HKEx welcomes the proposals in the Government budget for the April 2010-to-March 2011 fiscal year aimed at further strengthening the competitiveness of Hong Kong's financial services industry.

"The budget proposals related to financial services will help reduce trading costs of some of the products listed on our Exchange and help Hong Kong maintain its position as a leading international financial centre," said HKEx Chairman Ronald Arculli.

"Extending the waiver of stamp duty on the trading of Exchange Traded Funds (ETFs) with no Hong Kong stocks in their portfolios to include ETFs that track indices comprising not more than 40 per cent of Hong Kong stocks will encourage the further development and diversification of our ETF market," Mr Arculli said.

"Proposals announced today will provide new support for our city's bond market and fund management industry, and market liquidity in general," Mr Arculli added.

Source: Hong Kong Exchanges and Clearing Limited (HKEx)


Hong Kong Will Extend ETF Stamp Duty Concession

February 24, 2010--Hong Kong will extend a stamp duty concession on exchange-traded funds as part of its effort to strengthen the competitiveness of the city’s financial industry, Financial Secretary John Tsang said.

Tsang proposed in his budget speech today that the concession be extended to cover ETFs that track indexes comprising no more than 40 percent of Hong Kong stocks, according to an e-mailed statement.

“I don’t really think this will make a huge difference, as people like ETFs in order to get in and out of the market quickly, rather than for their cost,” said Andrew Sullivan, a sales trader at Mainfirst Securities Hong Kong Ltd.

read more

Source: Business Week


SC to amend guidelines on unit trust funds

February 23, 2010--The Securities Commission (SC) plans to amend the guidelines on unit trust funds to allow greater flexibility in terms of offering investors choices.

Its chairman, Tan Sri Zarinah Anwar, said one of the amendments would involve offerings in multiple currencies.

“This will encourage unit trust funds to be distributed overseas and facilitate investment by foreign investors who may find it difficult to cope with vagaries of the exchange rate,” she said while officiating the launch of The Edge-Lipper-Starmine Awards 2010 here yesterday.

read more

Source: New Sabah Times


Hang Seng BeES — Chance to buy into China

February 22, 2010--Credited with being the first foreign ETF in the country, Hang Seng BeES is the latest offering from Benchmark Asset Management Company. An open-ended index scheme, the Hang Seng BeES aims to provide its investors with returns (before expenses) that closely correspond to the total returns of securities as represented by the Hang Seng Index.

The fund will track the index on a real-time basis and will be passively managed. That is, the AMC will not try to ‘beat' the market or seek temporary defensive positions when the market declines or appears over-valued.

Hang Seng exposure

The ETF will enable Indian investors to buy into China, the world's largest manufacturing economy. It will invest at least 90 per cent of its total assets in the stocks of its underlying index, in the same proportion as that in the index. The Hang Seng Index comprises 42 stocks, representing about 60 per cent of the total market capitalisation of the Hong Kong stock market.

read more

Source: Business Line


MCX becomes world’s 6th largest exchange on strength of Metal and Energy

Puts India on the world’s metal and energy map as a “Price Setter” from a “Price taker”
To celebrate 2010 as the ‘Year of Metal and Energy’ and redesigns its logo.
Only commodity exchange certified with ISO 9001:2000 ( quality management), ISO 27001:2005 (information security management systems) & ISO 14001:2004 (environment management systems)
February 22, 2010 -- MCX, India’s No. 1 commodity exchange, has become the 6th largest and amongst the fastest growing commodity futures exchange in the world in terms of the number of contracts traded during the period January to December 2009.

This is based on the data compiled from respective exchange websites (refer to Table 1). With a vision to be amongst the top commodity futures exchange in the world, MCX will celebrate 2010 as a ‘Year of Metal and Energy’. The logo has been re-designed to reflect the special status given to metal and energy

read more

Source: MCX


DB Index Research -- Weekly ETF Reports -- Asia - Pacific

February 17, 2010--Highlights
Market Overview
There are 203 equity based ETFs in the Asia Pacific region with 268 listings across 12 countries and 15 exchanges. Japan has the largest market share by AUM accounting for 39.79% of the whole market, whilst China has the largest market share by turnover with 42.83%.

There was one new listing in the last week. MAPS Investment Management Co listed one new ETF in Korea Stock Exchange.

Turnover
Monthly average daily turnover declined 19.9% in the last week. Turnover for the previous week was USD 876m. The largest ETF by turnover was the China 50 ETF issued by China Asset Management with USD 224m accounting for 25.5% of total turnover.

Assets Under Management
AUM rose 2.4% in the previous week. AUM as of Feb 15th were USD 59.9bn. The largest ETF by AUM is the TOPIX ETF managed by Nomura Asset Management with AUM of USD 6.1bn.

To request a copy of the report

Source: Aram Flores and Shan Lan -DB Index Research


China fund in private equity push

February 17, 2010--China Investment Corp, Beijing’s sovereign wealth fund, has agreed to invest $1.5bn in the private equity secondary market through custom accounts with three of the biggest specialists in buying second-hand buy-out and venture capital fund interests.

Lexington Partners, Goldman Sachs and Pantheon Ventures have each agreed to manage $500m for CIC through special accounts, which are to be kept separate from their main funds, according to people familiar with the agreements.

The move is the biggest injection of capital into the secondary market.

read more

Source: FT.com


China loses some of its taste for U.S. Treasuries

February 17, 2010--China has cut its stockpile of U.S. Treasuries in recent months, an indication that Beijing may be willing to act on fears about Washington's stewardship of the economy by unloading U.S. debt.

The reduction comes amid a recent flare-up in tensions between China and the United States on issues ranging from trade to currency policy and human rights. But before investors hit the panic button about the future of the Treasuries market, China's moves should be seen in a wider context.

China's selling of U.S. government debt only goes part way to reversing its vast purchases of Treasuries at the height of the global financial crisis last year as investors piled into safer assets. And because Beijing sometimes uses accounts in London and elsewhere, it's hard to get a clear picture of its buying.

Moreover, the dollar's rally over the last three months may rekindle Beijing's appetite.

read more

Source: Reuters


If you are looking for a particuliar article and can not find it, please feel free to contact us for assistace.

Americas


June 30, 2025 Allspring Exchange-Traded Funds Trust files with the SEC
June 30, 2025 Northern Lights Fund Trust files with the SEC-Toews Agility Shares Hedged Equal Weight ETF and Toews Agility Shares Hedged-Qs ETF
June 30, 2025 Lazard Active ETF Trust files with the SEC-Lazard US Systematic Small Cap Equity ETF
June 30, 2025 WisdomTree Trust files with the SEC-WisdomTree Japan Opportunities Fund
June 30, 2025 J.P. Morgan Exchange-Traded Fund Trust files with the SEC-JPMorgan 100% U.S. Treasury Securities Money Market ETF

read more news


Europe ETF News


June 16, 2025 ESMA's activities in 2024 focused on strengthening the EU capital markets and putting citizens and businesses at the heart of it
June 12, 2025 Janus Henderson launches active fixed income ETF
June 12, 2025 ifo Institute Raises Growth Forecast for Germany
June 10, 2025 ESMA publishes latest edition of its newsletter
June 06, 2025 Active ETF fever grips selectors-is the end in sight for mutual funds?

read more news


Global ETP News


June 14, 2025 Global Economic Prospects-Global Economy Faces Trade-Related Headwinds
June 12, 2025 Disclosing Public Debt Boosts Investor Confidence, Cuts Borrowing Costs 
June 10, 2025 Global Economy Set for Weakest Run Since 2008 Outside of Recessions
June 03, 2025 Trade Reckoning

read more news


Middle East ETP News


June 19, 2025 GCC: Growth on the Rise, but Smart Spending Will Shape a Thriving Future
June 16, 2025 Saudi Exchange leads market losses across the GCC

read more news


Africa ETF News


June 24, 2025 East Africa's regional 20 share index
June 16, 2025 African Credit Rating Agency to Launch September 2025
May 27, 2025 African Economic Outlook 2025-Africa's short-term outlook resilient despite global economic and political headwinds

read more news


ESG and Of Interest News


June 18, 2025 Global Energy Transition Gains Ground, but Security and Capital Challenges Persist
June 17, 2025 Pacific Economic Update: Slowing Growth Highlights Need for More Inclusive Workforce
June 10, 2025 Global Carbon Pricing Mobilizes Over $100 Billion for Public Budgets
June 07, 2025 Accelerating Blue Finance: Instruments, Case Studies, and Pathways to Scale
June 03, 2025 The Longevity Dividend

read more news


White Papers


May 30, 2025 IMF Working Paper-Interest Rate Sensitivity Scenarios to Guide Monetary Policy

view more white papers