Investors look to derivatives on fixed income exchange-traded funds to manage credit risk exposure
Options and ETFs give tech index new momentum, while S&P 500 sees higher levels of mean reversion
Asia Risk Awards 2020
In this paper, the eigendecomposition of a Toeplitz matrix populated by an exponential function in order to model empirical correlations of US equity returns is investigated.
Despite posting big losses, funds that track front-month contracts remain popular with investors
Trade breaks following Covid-19 spike in futures volumes required massive clean-up job, says BofA exec
DSB funds are in the red year-to-date after a spectacular performance through March
Will negative prices and big losses curb retail investors’ appetite for oil futures over the longer term?
Counterparty departure forces closure of eight oil trackers with $580 million of assets
What part did Bank of China and other investors play in last month’s oil rout, asks derivatives veteran
Fed’s credit facilities boost confidence as downgrades hit corporate bond indexes
Forced sale of ‘fallen angels’ could exacerbate outflows at end-April
Moves to postpone index rebalancings could backfire as rating agencies press ahead with downgrades
Dealers seek shutdown of CBBC market if futures go dark
Investing according to environmental, social and governance (ESG) criteria can be done in various ways, with continuing development of filters and ways of analysing companies. As the market in ESG indexes and investments linked to sustainability matures,…
In this paper, the authors examine if investors can profit from the underperformance of leveraged exchange-traded funds (ETFs) in long holding periods.
Asia Risk Awards 2019
Asia Risk Awards 2019
Latest job changes across the industry
Asia’s total ETF assets surged by 23.9% in the first half of 2019 thanks to an increasing adoption of ETFs into investment portfolios. According to a survey conducted by Hong Kong Exchanges and Clearing (HKEX), asset expansion in Asia’s ETF market is set…
At the Asia ETF Forum 2019, Hong Kong Exchanges and Clearing (HKEX) welcomed industry experts from around the region to six key Asian exchange-traded fund (ETF) cities, offering attendees an updated view on the growing ETF market in Asia. This article…
Since the launch of the first exchange-traded fund (ETF) on the Hong Kong Exchanges and Clearing (HKEX) in 1999, exchange-traded products (ETPs) have gained popularity as they become one of the fastest-growing investment products in the world. Hong Kong…
In this paper, the authors discuss the various performance measures of beta hedging and offer a new synthetic criterion that accounts for both risk-adjusted returns and losses of trading strategy.