QFI

CMA: 300% Increase in Foreign Investors’ Ownership Value in the Saudi Capital Market during the Last 5 Years

Retrieved on: 
Monday, November 20, 2023

RIYADH, Saudi Arabia, Nov. 20, 2023 (GLOBE NEWSWIRE) -- The value of foreign investments in the Saudi capital market has increased by 300% over the past five years, specifically from 2018 to the end of 2022, reaching SAR 347.01 billion by the end of the period. This constitutes 14.2% of the total value of the free float in the main market, compared to SAR 86.86 billion in 2018, which represents 3.77% of the total value of free float shares in the main market for that year.

Key Points: 
  • Since allowing foreign investors to directly invest in the capital market in 2015, the Saudi Capital Market has evolved from a local market to one where the foreign investor participates in daily trading at rates exceeding 17%, compared to less than 4% before.
  • Since the Saudi capital market joined the major emerging market indexes in 2019, the rate of increase in foreign investments throughout 2022 has been the highest.
  • Binghannam added that the CMA exerted strenuous efforts during the previous period to increase foreign investors' participation in the Saudi capital market.
  • One of the strategic objectives of the CMA's plan is to raise the attractiveness of the market to foreign investors.

CSOP Huatai-PineBridge SSE Dividend Index ETF to be Listed on SGX Today

Retrieved on: 
Friday, December 1, 2023

CSOP Huatai-PineBridge SSE Dividend Index ETF (Stock Code: SHD) lists on 1 December 2023 on Singapore Exchange (SGX Group).

Key Points: 
  • CSOP Huatai-PineBridge SSE Dividend Index ETF (Stock Code: SHD) lists on 1 December 2023 on Singapore Exchange (SGX Group).
  • SHD is a feeder fund, which will invest at least 90% of its Net Asset Value in the Huatai-PineBridge SSE Dividend Index ETF, referred to as the “Underlying Fund”.
  • The SSE Dividend Index comprises of 50 high quality dividend-paying companies listed on the Shanghai Stock Exchange (SSE) as its constituents.
  • The CSOP Huatai-PineBridge SSE Dividend Index ETF is one of the first pair of products under the SSE-SGX ETF link, providing Singapore investors with access to high-quality A-share opportunities.

To instigate foreign investment, increase the attractiveness and efficiency of the capital market, and enhance regional and international market competitiveness: The Capital Market Authority Approves the Rules for Foreign Investment in Securities

Retrieved on: 
Friday, May 5, 2023

RIYADH, Kingdom of Saudi Arabia, May 05, 2023 (GLOBE NEWSWIRE) -- The Capital Market Authority ("CMA") approved the Rules for Foreign Investment in Securities (the “Rules"), Amendments to the Investment Accounts Instructions, Amendments to the Implementing Regulation of the Companies Law for Listed Joint Stock Companies and Amendments to the Glossary of Defined Terms Used in the Regulations and Rules of the Capital Market Authority, which shall be effective as of the date of their publications.

Key Points: 
  • The approved Rules only requiring the QFI to open an investment account in accordance with the Investment Accounts Instructions issued by CMA.
  • This is to ensure the obligation of the capital market institution to make sure that the QFI is meeting all relevant qualification conditions.
  • The rules will also contribute to the transformation of knowledge and experiences in local capital institutions and investors, thereby enhancing the role played by institutional investors in the Saudi capital market.
  • In addition, the foreign investors' ownership ratio of the free float total market value increased from 3.77% in 2018 to 14.21% by the end of 2022.

Global investors and traders growing appetite for Chinese futures - Gaining access via QFI

Retrieved on: 
Friday, February 3, 2023

CHICAGO, Feb. 3, 2023 /PRNewswire-PRWeb/ -- OP Investment Management ("OPIM"), one of Asia's leading hedge fund platforms, RCM China Consulting ("RCMCC"), and GROW Investment Group ("GROW"), a leading China-focused institutional advisor, have jointly announced that they have entered a tri-party strategic joint venture. The purpose of the joint venture is to provide a one-stop China alternative investment solution. Recently, GROW's localized product design offering has been added to OPIM's and RCMCC's joint platform to bring established PRC onshore strategies directly to institutional investors via managed accounts and direct market access.

Key Points: 
  • The demand has increased significantly due to investor optimism for a rebound in the Chinese markets and appetite for actively managed strategies.
  • The three firms have established investment and compliance infrastructure to deliver cross-border opportunities for offshore investors, to meet the demand for actively managed strategies for the Chinese mainland markets.
  • The demand has increased significantly due to investor optimism for a rebound in the Chinese markets and appetite for actively managed strategies.
  • The team has consulted with investors and traders about China access via WFOE, QFI and TRS programs.

OPIM Wins the Best hedge fund platform of 2022

Retrieved on: 
Tuesday, January 3, 2023

HONG KONG, Jan. 3, 2023 /PRNewswire/ -- OP Investment Management ("OPIM"), Asia's leading hedge fund platform, was voted the Best Hedge Fund Platform at the HFM Asian Services Awards 2022 on 30th November 2022.

Key Points: 
  • HONG KONG, Jan. 3, 2023 /PRNewswire/ -- OP Investment Management ("OPIM"), Asia's leading hedge fund platform, was voted the Best Hedge Fund Platform at the HFM Asian Services Awards 2022 on 30th November 2022.
  • In 2022, OPIM launched 9 funds, including strategies such as Equity Long Short/Long Bias, special thematic, private debt, and two very unique strategies:  advising its first digital assets fund followed by Asia's first revenue-based financing fund –MCI Connect.
  • OPIM now advises or manages 33 funds with AUM/AUA USD 1.5 billion on the platform.
  • OPIM's institutional fund platform attracts both managers and investors from around the world working with the industry's best business partners in alternative asset management.

OPIM Wins the Best hedge fund platform of 2022

Retrieved on: 
Tuesday, January 3, 2023

HONG KONG, Jan. 3, 2023 /PRNewswire/ -- OP Investment Management ("OPIM"), Asia's leading hedge fund platform, was voted the Best Hedge Fund Platform at the HFM Asian Services Awards 2022 on 30th November 2022.

Key Points: 
  • HONG KONG, Jan. 3, 2023 /PRNewswire/ -- OP Investment Management ("OPIM"), Asia's leading hedge fund platform, was voted the Best Hedge Fund Platform at the HFM Asian Services Awards 2022 on 30th November 2022.
  • In 2022, OPIM launched 9 funds, including strategies such as Equity Long Short/Long Bias, special thematic, private debt, and two very unique strategies:  advising its first digital assets fund followed by Asia's first revenue-based financing fund –MCI Connect.
  • OPIM now advises or manages 33 funds with AUM/AUA USD 1.5 billion on the platform.
  • OPIM's institutional fund platform attracts both managers and investors from around the world working with the industry's best business partners in alternative asset management.

Focus on the A Shares Leaders, Capture the China Opportunities: E Fund (HK) MSCI China A50 Connect ETF launched on HKEX

Retrieved on: 
Tuesday, December 14, 2021

HONG KONG, Dec 14, 2021 - (ACN Newswire) - E Fund Management (HK) Co., Ltd. is pleased to announce today (Tuesday) the launch of E Fund (HK) MSCI China A50 Connect ETF ("EFUND MSCI A50") on the HKEX.

Key Points: 
  • HONG KONG, Dec 14, 2021 - (ACN Newswire) - E Fund Management (HK) Co., Ltd. is pleased to announce today (Tuesday) the launch of E Fund (HK) MSCI China A50 Connect ETF ("EFUND MSCI A50") on the HKEX.
  • The fund tracks the MSCI China A50 Connect Index, which selects 50 stocks from the component stocks in the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect, focusing on China's core assets.
  • 1.E Fund (HK) MSCI China A50 Connect ETF (the "Fund") is a passively managed exchange traded fund ("ETF") and is traded on the Stock Exchange of Hong Kong ("SEHK") like stocks.
  • HKEX Co-Head of Markets Wilfred Yiu said: "We warmly welcome the listing of E Fund (HK) MSCI China A50 Connect ETF that tracks the MSCI China A 50 Connect Index.

Edison Investment Research Limited: Quadrise Fuels International (QFI): Cleaner fuel, cleaner planet

Retrieved on: 
Wednesday, December 1, 2021

Edison Investment Research Limited: Quadrise Fuels International (QFI): Cleaner fuel, cleaner planet

Key Points: 
  • Edison Investment Research Limited: Quadrise Fuels International (QFI): Cleaner fuel, cleaner planet
    Quadrise Fuels International (QFI): Cleaner fuel, cleaner planet
    Quadrise has developed a synthetic heavy fuel oil (HFO) technology that potentially reduces costs and polluting emissions for HFO users in the industrial, marine bunker and power markets, as well as improving the profitability of upstream operations and of refineries producing HFO.
  • Click here to view the full report or here to sign up to receive research as it is published.
  • About Edison: Edison is a leading research and investor relations consultancy, connecting listed companies to the widest pool of global investors.
  • Having been the first in-market 17 years ago, Edison now has more than 100 analysts covering every economic sector.

Edaa and Euroclear to launch new post trade link in Saudi Arabia

Retrieved on: 
Wednesday, October 27, 2021

International investors will be able to settle domestically issued bonds via a direct nominee account in Edaa using their existing Euroclear accounts.

Key Points: 
  • International investors will be able to settle domestically issued bonds via a direct nominee account in Edaa using their existing Euroclear accounts.
  • This will follow Saudi Tadawul Group's market infrastructure enhancements including an improved framework for both primary and secondary market delivery vs payment (DvP).
  • The link, which will achieve greater interoperability within the market, is especially timely given the recent announcement of the Saudi Arabia inclusion to the FTSE Russell Emerging Markets Government Bond Index (EMGBI).
  • The Euroclear group comprises Euroclear Bank, the International CSD, as well as Euroclear Belgium, Euroclear Finland, Euroclear France, Euroclear Nederland, Euroclear Sweden and Euroclear UK & International.

Edaa and Euroclear to launch new post trade link in Saudi Arabia

Retrieved on: 
Wednesday, October 27, 2021

International investors will be able to settle domestically issued bonds via a direct nominee account in Edaa using their existing Euroclear accounts.

Key Points: 
  • International investors will be able to settle domestically issued bonds via a direct nominee account in Edaa using their existing Euroclear accounts.
  • The link, which will achieve greater interoperability within the market, is especially timely given the recent announcement of the Saudi Arabia inclusion to the FTSE Russell Emerging Markets Government Bond Index (EMGBI).
  • The Euroclear group comprises Euroclear Bank, the International CSD, as well as Euroclear Belgium, Euroclear Finland, Euroclear France, Euroclear Nederland, Euroclear Sweden and Euroclear UK & International.
  • View original content to download multimedia: https://www.prnewswire.com/news-releases/edaa-and-euroclear-to-launch-ne...
    SOURCE Securities Depositary Center Company (Edaa) ,one of Saudi Tadawul Group subsidiaries; Euroclear group