Singapore
ASIA's take-up of exchange-traded funds (ETFs) is expected to pick up, thanks to the increasing use of ETFs in managed portfolio solutions and the emergence of more novel products, such as "smart beta" ETFs.
Geir Espeskog, head of iShares Asia-Pacific distribution, says there is a growing awareness among Asian investors of the importance of transparency, efficiency and asset allocation, all of which drive ETF usage.
This year, BlackRock in Asia ex-Japan has seen inflows of US$1.5 billion into ETFs, about US$500 million of which were into fixed-income ETFs. The firm manages about US$6.4 billion in ETF assets for the region's private banks.
BlackRock manages a total of just over US$5 trillion...
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