Updated Thursday, May 23, 2013 as of 5:38 PM ET
ETF Gives Chinese Investors Access to U.S. Securities
China’s first cross-border exchange-traded fund, based on the NASDAQ-100 Index, has begun trading on the Shanghai Stock Exchange. The NASDAQ-100 Exchange-Traded Fund, sponsored by Guotai Asset Management, was created so that investors in China could easily invest in the largest and most liquid companies traded on NASDAQ. The listing of this product marks the first exchange-traded fund in China to provide access to the U.S. market.
Until now, investors in China have been able to access the U.S. market but only through ordinary Qualified Domestic Institutional Investor funds, most of which follow active strategies, are cumbersome to trade and involve a lengthy redemption process.   more »
More in Global Investing
Neuberger Berman has filed with the SEC to offer an Emerging Markets Income Fund. more »
The speed of global information flow means advisors need to rethink how they create portfolios to avoid over-correlation. more »
Guggenheim Investments filed with the Securities and Exchange Commission to register the Emerging Markets Bond Strategy Fund, part of the Rydex Series Funds. more »
Yield by any name may sound sweet, but experts say closed-end fund investors need to consider other factors, too. more »
The Internal Revenue Service has published 2010 statistics on foreign trusts indicating an increasing interest in foreign investment by U.S. taxpayers, and the impact of changes made in 1996 to information reporting requirements. more »
Vanguard is establishing an intermediary business in Hong Kong. Along with the new business unit, Vanguard also said the announcement of its first locally domiciled product offering in Hong Kong is imminent. more »
As global growth slows, emerging markets economies are catching up. And the result is a global paradigm shift of historical proportions. more »
It’s no surprise that global investing is becoming an increasingly important part of client portfolios. Fund manager Jonathan Brodsky talks about big picture trends that have been shaping the global investing landscape. more »
Investors are worried about whether a currency war could lead to inflation, but Milton Ezrati of Lord Abbett says advisors must position client portfolios for success despite a "global recession." more »
Direxion has added two new leveraged exchange-traded funds: the Direxion Daily Brazil Bull 3x Shares (BRZU) and Direxion Daily South Korea Bull 3x Shares (KORU), to its portfolio. more »
The debate over whether large banks are still "too big to fail" has spread like wildfire in recent months. more »
European investors also turned negative, although their pessimism was less pronounced. Asian institutional investors grew slightly more optimistic. more »
Nuveen Investments has launched two new dividend-focused funds. more »
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