Derecho Internacional Mondaq - Hong Kong Law Articles in English (2008)
Ms Angelyn Lim, Kher Sheng Lee and Jessica Shao - Dechert
Extract
The Hub for an Asian ETF Strategy
This article was originally published in Financial Services Quarterly Report.
Asian ETF Markets are Ripe for Growth Asian exchange-traded fund ("ETF") markets are poised for imminent rapid growth. While ETF markets are still in their nascent stages of development in many parts of Asia, and lag behind those of the United States and Europe in terms of maturity and size, ETFs have become increasingly popular with both institutional and retail investors, and their vast potential can be appreciated from a number of perspectives. Driven partly by core drivers of growth, including convenience, cost effectiveness, liquidity, flexibility and transparency, Asian ETF markets have demonstrated a robust momentum on the back of the global financial crisis and general volatile market conditions. In terms of assets under management ("AUM"), Japan's ETF market is the largest in Asia at USD27.3 billion. The total amount of AUM in ETF markets...See the full content of this document