News

Hong Kong ETF buyers get tools to short local indices

ETFsFund firms have listed a series of inverse exchange-traded funds (ETFs) that track local Hong Kong indices. Inverse ETFs, which allow investors to profit when the value of an index falls, first listed on the Hong Kong Stock Exchange last year. But it was not until January of this year that the regulator, the Securities and Futures Commission, approved inverse ETFs that track local, rather than overseas, equity indices. Since then, China Asset Management (Hong Kong), CSOP Asset Management, Mirae Asset Global Investments, Samsung Asset Management and E Fund Management have launched inverse ETFs tracking indices such as the Hang Seng index. E Fund's offering, the E Fund Yuanta Hang Seng Index Daily (-1x) Inverse Product, was launched in partnership with Taiwan-based Yuanta Securities Investment Trust. In Taiwan, inverse and leveraged ETFs – the latter allow investors to amplify their gains or losses with debt – went on sale in 2014. “We are also considering further collaboration for developing more leveraged and inverse products in the future,” said Julian Liu, president and chief executive of Yuanta Securities Investment Trust. ©2017 funds global asia

Industry comments

Investing in tomorrow’s world

investmentAt times like these, HSBC Asset Management easily pivots towards emerging markets.

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A comprehensive, cost-effective, and transparent currency overlay hedging solution is crucial to mitigate FX exposure risks in the complex landscapes of Japan and China's FX markets, explains Hans Jacob Feder, PhD, global head of FX services at MUFG Investor Services.

Opinion

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The world is transitioning from an era of commodity abundance to one of undersupply. Ben Ross and Tyler Rosenlicht of Cohen & Steers believe this shift may result in significant returns for commodities and resource producers over the next decade.

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rising demand, healthcare, investment, opportunities, China, Robert St Clair, Investment Strategy, Fullerton Fund ManagementRobert St Clair, head of investment strategy at Fullerton Fund Management, explores the reasons investors should be paying attention to the rising demand for healthcare in China.

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