Korea Investment Management and CUAM's Joint Entry into Hong Kong ETF Market
Korea Investment Management has partnered with China Universal Asset Management's Hong Kong subsidiary (CUAM HK) to make a joint entry into the Hong Kong Exchange-Traded Fund (ETF) market. This strategic collaboration aims to facilitate easier access for mainland Chinese investors to foreign assets through the use of the ETF Connect scheme. Both companies will collaborate on the planning and management of ETF products, with CUAM showcasing a variety of ETF offerings while Korea Investment Management provides consultancy.
The ETF Connect initiative is expected to become a pivotal tool for offering mainland Chinese investors opportunities to invest in foreign assets. Through this alliance, Korea Investment Management seeks to strengthen its presence in the Asia-Pacific region, while expanding its reach into the global market. Furthermore, this cooperation is anticipated to have a positive impact not only in Hong Kong but also in other Asian markets.
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Hanwha Asset Management Partners with $280 Billion Chinese Asset Manager to Enter Hong Kong ETF Market - Metro NewsOn the 18th, Korea Investment Trust Management announced that it has signed a strategic cooperation agreement with China Universal Asset Management's Hong Kong subsidiary (hereafter CUAM HK) to jointly enter the Hong Kong Exchange-Traded Fund (ETF) market. CUAM, established in Shanghai, China in 2005, has been notable in the active funds sector.
"Entering the Hong Kong ETF Market"... Korea Investment Management Partners with China's CUAM - EdailyOn the 18th, Korea Investment Trust Management signed a strategic cooperation agreement with CUAM HK, the Hong Kong subsidiary of China Universal Asset Management, to jointly enter the Hong Kong ETF market. Bae Jae-gyu (right), president of Korea Investment Trust Management, and Zhang Hui, representative of CUAM, took a commemorative photo after signing the strategic cooperation agreement on the 18th...