ASX Investment Products Monthly Update-August 2018
September 10, 2018--August 2018 saw strong growth in all Investment Product categories. Assets under Management in ETPs (up 3.7%), mFunds (up 5.7%), Listed Investment Entities (up 0.6%), A-REITs (up 1.9%) and Infrastructure Funds (up 3.0%) on a month on month basis.
Total Assets under Management of all Investment Products increased by 2.3% over the month of August 2018.
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Source: ASX
ASX Postpones Roll-Out of Blockchain Settlement System
September 4, 2018--The Australian Securities Exchange (ASX) has pushed back the launch of a blockchain replacement for the decades-old CHESS clearing and settlement system until the second quarter of 2021.
The ASX published a new report on Tuesday in response to public feedback on a consultation paper it published in April for the new system. The company expected at the time the new system would go live by the end of 2020.
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Source: coindesk.com
London stock trade connect taking shape
September 4, 2018--September 9, 2018--Program to further open up nation's capital market, attract more funds
The highly anticipated Shanghai-London Stock Connect Mechanism-a further step connecting the Chinese mainland and international capital markets-is taking shape as the central regulator started to solicit public opinion on detailed rules last Friday.
Chang Depeng, a spokesman for the China Securities Regulatory Commission, said on Friday that the regulator had started to seek opinions on rules regarding the issuance standards for Chinese Depository Receipts, related regulations for CDR applications, and regulatory arrangements for the issuance of Global Depository Receipts on foreign bourses by listed Chinese companies.
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Source: chinadaily.com.cn
Vanguard offers investors greater choice with suite of ethically conscious funds
August 30, 2018--Vanguard Australia has announced the launch of a range of Environmental Social and Governance (ESG) funds, providing greater choice for investors who wish to reflect their values in their investment holdings.
The Vanguard Ethically Conscious International Shares Index Fund and Vanguard Ethically Conscious Global Aggregate Bond Index Fund will offer investors access to broadly diversified international equities and international fixed income exposures that exclude fossil fuel reserves, alcohol, tobacco, gambling, weapons, nuclear power and adult entertainment. The new funds will also be offered as exchange traded funds (ETFs) from September 2018.
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Source: Vanguard
South Asia's Transport Corridors Can Become Engines of Growth
August 28, 2018--Transport corridors offer enormous potential to boost South Asia's economic growth, reduce poverty, and spur job creation, provided the new trade routes spread their benefits broadly and limit negative environmental impacts, says a new World Bank report.
The report The Web of Transport Corridors in South Asia--jointly produced with the Asian Development Bank, the United Kingdom's Department for International Development, and the Japan International Cooperation Agency-argues that the many transport corridors proposed across Asia would cost trillions of dollars to implement, far exceeding the financing resources available.
view the World Bank Report-The Web of Transport Corridors in South Asia
Source: World Bank
China banking sector's assets up 7.5 pct
August 27, 2018--Chinese banks held 254.3 trillion yuan (37 trillion U.S. dollars) in assets as of the end of July, according to data released Monday by the China Banking and Insurance Regulatory Commission.
The volume marked an increase of 7.5 percent year on year, the regulator said.
By the end of last month, lenders' liabilities rose 7.1 percent to reach 233.8 trillion yuan.
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Source: xinhuanet.com
Korea in Focus: Last Month's Recap & Outlook
August 27, 2018--By Korea Investment Management, portfolio manager of the AdvisorShares KIM Korea Equity ETF (Ticker: KOR)
In July, global stock markets rebounded as US dollar (USD) appreciation, which caused emerging markets to plunge from May-June, wound down. However, the Korean market underperformed both developed and emerging, failing to join the global upturn.
With the US and China bracing for a protracted trade war, Korea's economic structure that features a heavy export weighting and companies relying much on overseas sales was exposed for its weakness. We believe the Korean market was also weighed down by investor sentiment souring due to the debate about semiconductors peaking and the Kosdaq's sharp pullback led by pharmaceuticals/biotech stocks
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Source: AlphaBaskets
SGX welcomes the listing of Nikko AM SGD Investment Grade Corporate Bond ETF, the first-of-its-kind in Singapore
August 27, 2018--Singapore Exchange (SGX) today welcomed the listing of Nikko AM SGD Investment Grade Corporate Bond ETF, the first exchange-traded fund (ETF) that offers investors easy access to a basket of Singapore Dollar-denominated, investment grade corporate bonds in affordable units.
This ETF is launched by Nikko Asset Management ("Nikko AM"), one of the largest ETF managers in Singapore and the issuer of the Nikko AM Singapore STI ETF, ABF Singapore Bond Index and NikkoAM-StraitsTrading Asia ex-Japan REIT ETF.
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Source: SGX
Shenwan Hongyuan Securities Chooses Itiviti's Technology for ETF Options Market Making
August 21, 2018--Itiviti services a substantial and diversified client base in China
Itiviti, the leading global provider of multi-asset trading technology and financial infrastructure, today announced that Shenwan Hongyuan Securities Co., Limited (Shenwan Hongyuan), one of China's leading securities firms has selected Itiviti's market making solution to support its ETF options market making business.
Itiviti currently services 25 buy-side and sell-side clients in mainland China, including large asset managers, securities houses, trading firms and brokerages.