News

Covid, US election drives investors to China and EMs

ChinaChina and emerging market-focused ETFs were winners in October, when concerns about the US election and the second wave of Covid-19 hit fund flows for ETFs. Confidence in Asia’s ability to bounce back more quickly than Europe from Covid-19 saw investors allocate €778 million (US$924 million) to Chinese and €592 million to emerging market government fixed income funds. In equities, it was Asia’s ability to control the virus that boosted investor confidence in China and emerging markets with ETFs focused on these regions picking up assets of €413 million and €554 million, respectively. The figures, which are for ETFs domiciled in Europe, are from Amundi, and showed that European-registered equity ETFs still gained in October to the tune of €2.6 billion. But pre-election jitters caused investors to withdraw €1.3 billion from North American strategies while worries about the rapid increase in Covid saw a reduction of €296 million from eurozone strategies. © 2020 funds global asia

Executive Interviews

Executive interview: PGIM CEO on where the ESG flowers should bloom

Sep 27, 2021

David Hunt, president and chief executive of PGIM, tells Romil Patel about leading a top 10 global asset manager in times where “empowering and encouraging the kind of investment decisions as...

Executive interview: Nicolas Moreau’s orderly transition

Jul 12, 2021

Nicolas Moreau, CEO of HSBC Asset Management, is moving to Asia as the firm looks to connect more directly with the region’s growth story. ESG is also a key focus – including the ‘just’ carbon...

Roundtables

Roundtable: Singapore comes of age as an Asian ESG hub

Dec 01, 2021

Strong ESG credentials strengthen the case for Singapore as a leader in Asia of the post-Covid recovery. Our panel discusses the risks and opportunities.

Roundtable: How well geared are Japanese assets for a new world?

Jul 12, 2021

As we prepare to emerge from Covid, experts look at overcoming demographic issues through a combination of good tech and corporate governance, improving productivity and meeting an ambitious government carbon emissions reduction target. Chaired by Romil Patel.