News

State Street brings ‘ultra-low cost’ ETFs to Japan

Costs_to_minimumThe Japanese division of State Street Global Advisors has registered 19 exchange-traded funds (ETFs) with the local regulator. The roster includes 14 funds from the company’s SPDR Portfolio, which it describes as “ultra-low cost” and have fees as low as three basis points. “Each fund in the SPDR Portfolio suite is priced very competitively among the ETFs in the category," said David Collins, head of ETFs at State Street Global Advisors (Japan). He added that the funds in the suite together had $26 billion in assets. In its home market, US-based State Street Global Advisors is involved in a price war with rival ETF providers such as the iShares division of market leader BlackRock. Japan’s ETF market is Asia’s largest and is worth more than $300 billion, according to data provider ETFGI. ©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.