Lion Global Investors launches Singapore’s first actively managed ETF
Raphael Lim
LION Global Investors (LGI) has launched a new Japan-focused exchange-traded fund (ETF), which is the first actively managed ETF in the Singapore market.
The Lion-Nomura Japan Active ETF (Powered by AI) – which was launched on Friday (Jan 12) in collaboration with Nomura Asset Management group – comes around a month after the Singapore Exchange (SGX) rolled out new listing requirements allowing active ETFs.
The new fund aims to provide “long-term capital growth” by investing primarily based on results from proprietary artificial intelligence (AI) and machine-learning models that analyse fundamental, technical, qualitative and quantitative metrics.
Copyright SPH Media. All rights reserved.