Ignites Asia: ETFs Struggle to Gain Traction in Malaysia
Ignites Asia's article on ETFs explores the reasons why ETFs are lacking distributors who are willing to market and promote exchange traded funds. Ismitz Matthew De Alwis, Executive Director and Chief Executive Officer of Kenanga Investors, said many people assumed that since ETFs were passively managed the returns would be low, but that was not the case. Kenanga Investors partnered with Taiwan’s Yuanta Securities Investment Trust to launch two leveraged and inverse ETFs in January this year — its first ETFs in the Malaysian market.