Indirect ownership of ETFs on the cards
BlackRock creates dividend-oriented funds that can be offered through investment-linked insurance policies
Singapore
EXCHANGE-TRADED funds (ETFs) might not be directly purchased by clients, but investors buying a product from a bank could nevertheless be owning them in some form - from the simple to the complicated.
Kevin Hardy, BlackRock's country head of Singapore and head of beta strategies in Asia-Pacific, said the firm has been creating dividend-oriented funds for Asian clients. For example, insurers can offer the funds through investment-linked policies.
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