Bloomberg: Niche ETFs Are Winning In China
March 21, 2021
Chinese investors are souring on exchange-traded funds that track broad indexes, but they’re snapping up thematic—or sectoral—ETFs, such as those that invest in the nation’s Science and Technology Innovation Board. China’s biggest ETF managers, which together account for 40% of market share—have the advantage so far in an extremely competitive market, says Oliver Wyman Partner Ray Chou. But they soon may face a bigger challenge from giants the U.S. ETF market.
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