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Asian investors turn to smart-beta ETFs as active managers' results disappoint

In the year ended June, AUM in these products in Asia-Pacific grows 47.5% to US$10.5b


INVESTORS in Asia are embracing smart-beta exchange-traded funds (ETFs) that can boost profits and cut costs in the current climate of low investment returns and even lower interest rates.

Traditional beta measures the volatility of a security in relation to the market....