News

Ping An claims firsts with AI and multi-asset ETFs

Artificial_intelligencePing An of China Asset Management has launched two exchange-traded funds (ETFs) that it says are unique to the Hong Kong market. One fund tracks an index of companies engaged in artificial intelligence and robotics. The other tracks a basket of ETFs that invest in equities, bonds, real estate, mortgage-backed securities and other assets. The index for each fund is provided by Nasdaq. "Artificial intelligence is increasingly integrated into every realm of our lives," said Chi Kit Chai, chief investment officer at Ping An, who added that thematic investing could provide an “effective platform” for investment in the sector. The launches bring the total number of Ping An ETFs to six. Mona Chung, head of ETF and cross asset investment at Ping An, adds that "The trend for increasing adoption of ETFs by asset managers is expected to gain traction in Asia due to efficiency and cost awareness.” ©2018 funds global asia

Executive Interviews

Interview: Money needs a place to go

Mar 11, 2019

Peng Fei, chief investment officer at Wanwei Asset Management, tells Romil Patel about allocating capital across risk factors when asset performance is uncertain and unpredictable.

INTERVIEW: Giving peace a chance

Jan 11, 2019

As US-China tensions escalated in 2018, the leaders of the two economies met in Buenos Aires to agree a truce. Aidan Yao, senior emerging Asia economist at Axa Investment Managers, talks to Romil...

Roundtables

Singapore roundtable: A money magnet

Mar 11, 2019

Our panel discussed why the Singapore Variable Capital Company makes them bullish, what gives the onshore jurisdiction an offshore feel and “blood on the streets” from China’s slowdown. Chaired by Romil Patel in Singapore.

HONG KONG ROUNDTABLE: A sunny picture

Jan 11, 2019

Changes to regulation, US-Sino trade tensions and further steps by China to open its capital markets were some of the topics discussed by our panel. Chaired by Romil Patel in Hong Kong.