Exchange Traded Funds are on the march in Asia and a new listing this week in Hong Kong highlights two of the main trends investors can expect to see.
Lippo Limited, the Hong Kong investment company of Indonesia’s Riady family-run Lippo Group, listed the first Hong Kong ETF focused on solely in property in greater China – the Lippo Select HK & Mainland Property ETF.
These funds, which are meant to give investors quick and easy entry – and exit – into various kinds of investment have had a slow start in Asia, but launches have picked up recently. The chance to get direct exposure to China is expected to stimulate investor demand, while an investor base that is slowly becoming more sophisticated is leading to the first sector-specific funds – such as the Lippo property ETF.
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