Canada’s BMO Global Asset Management plans to exit from Hong Kong’s exchange traded fund market, and to offload its seven locally listed ETFs on to China Asset Management (Hong Kong), two people with knowledge of the matter have confirmed to Ignites Asia.
BMO has struggled to raise substantial assets in any of its ETF strategies, amassing just HK$2.86bn ($369.4m) across its seven ETFs.
Its largest Hong Kong-listed ETF, the BMO Asia USD Investment Grade Bond ETF, had assets of HK$1.7bn as of September 15, while its smallest, the BMO MSCI Asia Pacific Real Estate ETF, had just HK$8.4m.
您已閱讀14%（588字），剩余86%（3742字）包含更多重要信息，訂閱以繼續探索完整內容，并享受更多專屬服務。