Active ETF launches stagnate in Singapore

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The story "Active ETF launches stagnate in Singapore" was covered 1 weeks ago by Financial Times, a news publisher based in United States.

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Financial Times 1w ago

Active ETF launches stagnate in Singapore - Financial Times

Quick Summary:

CSOP AM has a presence across the Singapore and Hong Kong ETF markets, with five ETFs listed in the former and 40 ETFs in the latter.

Chen Wang, Hong Kong-based deputy chief operating officer at CSOP Asset Management, said asset managers in Singapore were still studying regulatory requirements as well as gauging market appetite.

Singapore fund house Lion Global Investors subsequently launched the first such product in January in partnership with Japanese manager Nomura Asset Management, raising initial assets of S$37mn ($28.3mn).