20 May '11, 2pm

Alternative asset classes slowly gaining more visibility

Alternative asset classes slowly gaining more visibility

SINGAPORE : Alternative asset classes may be gaining more visibility among investors here, but analysts have said they have not caught on in a big way. Last year, the total value of exchange traded funds (ETFs) traded on the Singapore Exchange was S$6.6 billion. This is a mere fraction of the global ETF trade, which is estimated by asset manager BlackRock to be worth more than US$1 trillion. Currently, ETFs offered here are those on single commodities or stocks, or a small basket of commodities. Analysts said issuers may be better off offering ETFs along investment themes like technology, telecommunications or oil related companies. Gabriel Yap, executive chairman of GCP Global, said: "I think the key thing that is holding back investment at a greater rate through the ETF kind of route is probably because of the lack of ETF innovation among the issuers." The allure of ETFs...

Full article: http://www.channelnewsasia.com/stories/singaporebusinessn...

Tweets