Legal & General Investment Management is transferring management of its assets in Hong Kong to head office in London and waving goodbye to three senior Asia-based executives.
Tag : paul so
The SFC has just authorised two sets of synthetic ETFs after a gap of a year-and-a-half, suggesting it is ready to approve such products again after a bout of regulatory tightening.
The asset manager drip-feeds details on the launch of its first ETFs in Hong Kong next month. Head of beta products Paul So expects them to succeed despite concerns over swaps-based synthetics.