Pensions & Investments Asia – Activity in the exchange traded funds market shows no signs of slowing up. It seems like every day there is a new listing being announced by a local promoter, or one of the global issuers rolls out a new tranche of products. It is all part of building the breadth of product needed for larger investors to take the market seriously. The next step will be for funds of ETFs to appear and offer investors the instant and low-cost diversification they are looking for.
Deutsche Banks’ director of EYF business in Hong Kong, Marco Montanari says, “What we are seeing is that asset managers are looking at moving into the ETF market. This is not just in China, where everyone is looking to list an ETF, but in each individual market. You have the local fund providers trying to set up a master feeder or an independent structure. They can see that in the long run, the fund market will segment and that ETFs will become a key product.”
