The largest China-focussed exchange traded fund (ETF) denominated in the yuan currency drew its biggest daily inflows in the past year on Monday, partly driven by expectations of China A shares being included in a global benchmark.
The inflow of 2 billion yuan ($303.89 million) into the CSOP FTSE China A50 exchange-traded fund accounted for around 10 percent of the fund's total asset under management (AUM).
The rush of funds came just as index provider MSCI started a third round of consultations with investors over whether to include China's yuan-denominated A shares in its emerging markets benchmark.
For Free Signals and other KLSE online updates, click here OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my
The inflow of 2 billion yuan ($303.89 million) into the CSOP FTSE China A50 exchange-traded fund accounted for around 10 percent of the fund's total asset under management (AUM).
The rush of funds came just as index provider MSCI started a third round of consultations with investors over whether to include China's yuan-denominated A shares in its emerging markets benchmark.
No comments:
Post a Comment