The conference will feature the international and domestic leading financial industry professionals in developing and trading ETFs, including index providers, asset managers, distributors, institut
The conference will feature the international and domestic leading financial industry professionals in developing and trading ETFs, including index providers, asset managers, distributors, institutional investors, and researchers. It will create dynamic forum for learning and networking in the indexing industry in China.
ETF Worldwide:
ETFs have been gaining in popularity as investors have embraced their transparency, tax benefits, and low cost structures. At of the end of 2009, over 3,000 ETF products had been listed on 42 exchanges worldwide, with the asset scale up to US$706.9 billion in total. An increasing number of companies have engaged in the development of ETF products, with the amount of existing ETF administrators more than 90 and a number of fund management companies specializing in ETF products. The ETF Assets is preditied to hit $2 Trillion by 2011.
ETF in China
With the rapid growth of the Chinese stock market in recent years, index tracking mutual funds and ETFs have also exploded onto the scene.The China ETF market is worth over RMB30 billion and the daily trading volume of approximately RMB2 billion, and is the 3rd largest ETF market in Asia following Japan and Hong Kong.
There are 7 ETF products in the China domestic market in the year of 2009. Currently, ETFs listed on Shanghai and Shenzhen has added up to 14 with asset scale of RMB 70 billion and the daily trading volume of over RMB 2 billion. In terms of the asset scale, the domestic ETF market is the 3rd largest ETF market in Asia following Japan and Hong Kong, and is one of the largest index fund markets. With regard to the trading scale, the domestic ETF market is ranked first in Asia and placed among the top 10 globally. China Stock Exchanges hopes to make great efforts to develop the ETF market in 2011 and beyond.
