As the assets of the exchange traded fund (ETF) industry crossed the US$4 trillion mark, interest in ETFs continues to grow. The industry itself is evolving. From being a product and supply-led sector, application and demand now underpin the sector’s expansion. Until recently, regulators, stock exchanges and providers were major drivers of ETF activity. Today, investment demand from pension funds, insurance companies and banks is influencing trade.
In fact, institutional investors are now among the biggest users of ETFs globally. They are taking up a huge share of the assets that general investors, wealth management firms and private banks used to dominate. In Japan, the Government Pension Investment Fund – the world’s largest pension fund – and the central bank invest in ETFs, fuelling demand for the Japanese depositary receipts.
Meanwhile, the changing ETF landscape is driving ETF providers to rethink their strategies amid the increasing participation of institutional investors. Beyond launching new ETF products, providers are also offering solutions to investors.
The 3rd ETF Asia Summit, aptly titled ETF 2.0: Process, Portfolio, Platform, will bring together the most influential participants driving the growth of the ETF sector in Asia to discuss the newest trends in the market. Beyond obtaining strategic exposures, how are institutional investors deploying ETFs to meet their investment guidelines? How can ETFs play a role in the current low interest rate environment? How effective are factor-based ETFs in helping to manage portfolio volatility? With the popularity of multi-asset investing, what is the advantage of employing ETFs as part of the asset allocation?
The Asset Events is pleased to present the 3rd ETF Asia Summit 2017, a strategic one-day event, which will bring together investors, asset managers and product providers to discuss and debate the factors driving the development of the ETF market in Asia.
隨著進入ETF市場的資本超過4萬億美元,投資者對ETF的興趣持續增長。行業本身也在不斷革新,從起初以產品與供應為主導,到現今的應用與需求支撐了行業的擴張。近年來。監管機構、證券交易所和供應商成為ETF發展的主要動力。時至今日,來自退休基金、保險公司和銀行的投資需求正影響著市場交易。
事實上,機構投資者現為全球最大的ETF用戶之一,他們正接手曾經由一般投資者、財富管理公司和私人銀行所支配的大量資產份額。在日本,全球最大的退休基金 ——政府退休投資基金和日本央行針對ETF的投資,令其國內股票市場進一步升溫。
與此同時,隨著越來越多機構投資者參與其中,ETF格局的變化也促使供應商們重新考量其策略。除推出新的ETF產品之外,供應商也為投資者提供個性化的解決方案。
值此背景,第三屆ETF亞洲峰將以 “ETF 2.0: 發展進程,投資組合與平台建設”為主題,匯聚推動亞洲ETF市場發展的行業精英,共同討論市場最新動態。除確保投資戰略所面對的風險之外,機構投資者如何配置ETF以達到其投資指標?在當前的低利率環境下,ETF又將扮演怎樣的角色?因素為本的ETF如何能有效應對投資組合的波動性?隨著多元資產投資的盛行,ETF作為資產配置渠道之一能如何展現其優勢?