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Greater China is now a ‘growth engine’ for Asia ETFs, BBH says

Financial Times LogoFinancial Times5d ago

Greater China is now a ‘growth engine’ for Asia ETFs, BBH says - Financial Times

Quick Summary:

A total of 56 per cent of mainland Chinese respondents to the BBH survey already buy ETFs through the QDII scheme but only 22 per cent were doing so through ETF Connect.

Chris Pigott, head of Asia ETF services at Brown Brothers Harriman, said that Greater China was becoming the “growth engine” of the Asia-Pacific region in terms of ETF asset growth, although the three markets came with nuances in terms of growth drivers.

The BBH report showed that 66 per cent of respondents planned to increase exposure to actively managed ETFs over the next year, while 45 per cent cited index mutual funds as a top source from which they would reallocate capital to purchase active ETFs.


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Article Details

Author / Journalist: Sinyi Au

Category: MarketsFinanceInvesting

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-24 @ 04:00:50 (5 days ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 894 words

Reading Time: 5 minutes read

Sentences: 29 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 22686361

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About Financial Times

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Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 5 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 10 hours ago

Coverage Areas: United States

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Publication Timezone: GMT -5:00

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Publisher ID: #3

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