The share of passive assets as a percentage of total assets under management has risen to 16% in July 2023 from 6% in July 2019, according to a Franklin Templeton Mutual Fund report.
Should investors get lured by the low unit price and decent dividend yields and ignore the past trends when it comes to seeking returns generated by office space REITs? Check out the second part of an ET Prime series on the market outlook for REITs.
For the CEO of Trust MF, the journey from a private sector NBFC to a public finance institution to a foreign securities firm-backed primary dealership has provided a glimpse of varied environments and best business practices. How he makes Trust MF stand out from around 40 competitors is the next episode to watch.
Mirae Asset Global Investments has reaffirmed its strong determination to strengthen its brand identity in the global exchange-traded fund (ETF) market. A group of 70 top-level executives of its overseas branches took part in the firm s ETF Rally 2023 event for three days from May 22. As of the end of April, Mirae Asset operates ETF businesses worth 121 trillion won ($91.1 billion) in 11 countries and regions around the globe such as the United States, Japan, Canada and Hong Kong.