Focus on China This week sees Bailey McCann talking to KraneShares’ Brendan Ahern about the firm’s recent launch of the KraneShares China Alpha Index ETF (KCAI) listed on the NYSE and tracks the Qi China Alpha Index, which seeks to outperform the CSI 300 Index by applying a systematic machine learning approach.
To achieve this, KraneShares has joined forces with sub-adviser Quant Insight (Qi) which has created what it calls an "alpha optimisation filtering process."
Qi’s Mahmood Noorani says: "China’s A-Share market is a prime candidate for this strategy. Our research shows it has inefficiencies and volatility. It is also dominated by retail investors. This creates significant market ‘noise’ which is an opportunity."
We also have research from Carne Group this week which predicts that the ETF market will reach USD14 trillion within the next four years as institutional investors pile
into the vehicles in search of inaccessible asset classes at a low cost.
Patrick O’Brien, Managing Director, Business Development at Carne Group, says: "ETFs have always been part of the investment conversation, but what’s exciting is a whole new cohort of managers that see the benefit of participating in the sector. While not all active managers will launch an ETF, pretty much all of them will look at this in the next 12 to 24 months."
Today is the final day for voting in the US awards - place your votes now in the ETF Express US Awards for 2024. You can vote for your favourite ETF service providers and issuers, based on data provided by Tracksight, in the US market, using this link.
And we are very happy to be able to offer readers another discount at an event. This code, ETF20, will gain you a 20 per cent discount on tickets to attend RAO Global’s symposium on 21st November in London.
Finally, we can offer readers wishing to attend the RIA Edge West event in Marina del Rey, California in October, a discount of 20 per cent using this code – ETF2024Exp. The event details are here.
Beverly Chandler, Managing Editor
For live updates please follow us on Twitterand LinkedIn. |