Asset manager EIP will today launch Hong Kong's first ETF tracking US-listed Chinese firms, with the index primarily composed of internet stocks. It comes just months after brokerage CLSA acquired a stake in the firm.
Tag : commerzbank
The German bank sees an opportunity to provide tighter pricing on gold exchange-traded funds in Asia, citing its capabilities in gold spot and futures trading.
Guy Medcraft, the former Forsyth Partners executive, will head business development and marketing for CommerzbankÆs alternative strategy wing.
After a bad year the Asian operations are profitable, but the firm''s commitment to the region remains unknown.