China readies physical ETF market for offshore investment

Getting physical


Three years ago synthetic exchange-traded funds (ETFs) were in the dock, accused by a body as august as the Financial Stability Board of constituting "a powerful source of contagion and systemic risk". Despite widespread fears that synthetic ETFs – particularly those based on Asian underlyings – were the most likely source of the next financial crisis, subsequent regulatory action was slight.

But while regulators restricted themselves to requiring greater levels of collateral in synthetic ETFs t

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: