Asian exchanges ramp up ETF push

Asian stock exchanges have a lot of work to do if their exchange-trade fund markets are to match ETF asset growth globally, says one of the region’s product development heads. The Malaysian and Singaporean bourses in particular are boosting their efforts to increase the number of ETF issues, encouraged by Hong Kong’s recent success with the launch of its first leveraged and inverse products. ETFs have seen strong growth in North Asia, but not elsewhere in the region. Luuk Strijers…