The gargantuan machine that is iShares has been the greatest beneficiary of these tailwinds, leveraging its scale to cover the segment in a meticulous fashion.
2015 alone saw iShares bring in an impressive US$560 million in Asian high net worth assets. With inflows being driven primarily by discretionary portfolio management growth, the American asset manager was the index tracker of choice due its ability to provide various broad market exposures for both strategic and tactical allocations, and access to UCITS ETFs.
But, as any experienced fund house in the region understands, simply providing product is insufficient. iShares’s personal mandate to bridge the region’s ETF knowledge gap is exemplified by its certification courses launched three years. To date, over 150 private banking clients in Asia have attended iShares’s courses covering such areas as implementing investment ideas and trading with ETFs with tailored collateral. iShares also provides free-of-charge capital market services, including guidance on sourcing liquidity to minimise execution and trading price impact.
Thus, iShares’s dominance in the region is driven, not only by its rapidly growing shelf of ETF products, but also by its status as a provider of solutions, be it via education, secondary market support or holistic portfolio solutions, making it this year’s overwhelming choice for Best Fund Provider – ETF.