The World Bank has developed the issuer-driven exchange traded fund (ID ETF) to help support local currency bond markets through increased liquidity and transparency. Having seen success in Brazil, these innovative products are being developed in other emerging and developing market economies. To develop ID ETFs requires close work between the…
Emerging Markets
Hong Kong Stock Exchange has enhanced market making in ETPs to boost liquidity
Last year the Hong Kong Stock Exchange HKEX celebrated the 20th anniversary of the Tracker Fund of Hong Kong (TraHK) its first listing of and ETF; it has grown as a hub for dealing in exchange-traded products (ETPs) within Asia Pacific time-zones, mostly as an institutional market. Individual investors are increasingly using exchange-traded funds, with…
Active ETFs will be the next level
The use of fixed income exchange-traded funds for long term investment as well as for shorter term liquidity management and portfolio transitions. Tom Stephens, head of international ETF Capital Markets at JP Morgan Asset Management, says that changes in the regulation has increased transparency, changes in market participants has increased…
ETF market structure and trading protocols are evolving approaches to investment
Tom Digby, Head of EMEA ETF Client Trading at Invesco discusses the difference in use of ETFs between the US and Europe for institutions and financial advisors. He observes how trading protocols are evolving, including the use of request-for-quote (RFQ) and on exchange trading, market liquidity and total cost of ownership,…
The rise of ETF use amongst institutional investors
Dr Xiaolin Chen, head of international at KraneShares discusses why asset allocators are increasing their use of ETFs and how investors are using ETFs to gain exposure to China, with Dan Barnes and Deborah Fuhr. The ETFs Global Markets Roundtable in London was organised by Ari Burstein, president, Capital Markets…