Vanguard Investments Hong Kong Limited (AYT820), a subsidiary of The Vanguard Group in the US, is licensed with the Securities and Futures Commission ("SFC"). Vanguard runs at least six ETFs on the Hong Kong exchange including funds tracking China, Japan, Asia ex-Japan and developed Europe.

“Unfortunately, from a distribution business standpoint, the current industry dynamics are better suited to institutional investors and do not currently support the scale needed for us to operate” the firm’s low-cost model, the company said of its Hong Kong operations. The U.S. fund giant, with about $6 trillion in assets, said its Hong Kong business is targeted at institutional clients, and not the retail investors that are the firm’s primary focus. Your use of this site signifies that you accept our Terms and conditions of use | Privacy policy Vanguard Investments Hong Kong Limited. There is no intention to offer or sell products in countries or jurisdictions where such offer or sale would be unlawful under the relevant domestic law. The firm’s ETF assets in Hong Kong are about HK$3.3 billion ($430 million), according to data compiled by Bloomberg News. That’s a first step in winning a slice of the nation’s fast-growing asset management business. All investors accessing the website do so on their own initiative and are responsible for compliance with applicable local laws and regulations.

All else being equal, lower-cost investments provide greater net returns than higher-cost investments. Better still, each Vanguard ETF has the lowest Ongoing charges (per annum) in its category on the HKEx, 1 enabling investors to earn more over time.

By using this website you acknowledge that your access to the information on this website is governed by the laws of Hong Kong. This web page is published by Vanguard Investments Hong Kong Limited and this web page has not been reviewed by the Securities and Futures Commission in Hong Kong. Vanguard S&P 500 Index ETF seeks to track the performance of the index, a widely recognised benchmark of U.S. stock market performance that is comprised of … Foreign asset managers are rushing in as China opens up its financial services market, where retail funds under management are predicted to grow to $3.4 trillion by 2023. Investors should refer to the fund prospectus for further details, including the product features and risk factors. Past performance is not indicative of future performance.

A number of roles will be moved to Shanghai with Vanguard prioritizing China in its Asia plans, according to people familiar with the matter, who asked not to be identified as the discussions are private. By using this website you acknowledge that your access to the information on this website is governed by the laws of Hong Kong.

Vanguard Investments Hong Kong Limited (AYT820), a subsidiary of The Vanguard Group in the US, is licensed with the Securities and Futures Commission ("SFC"). Some staff in Hong Kong will be made redundant while others stay for a period of time as the business is closed down. Covid Superspreader Risk Is Linked to Restaurants, Gyms, Hotels, Deep-Freeze Hurdle Makes Pfizer’s Vaccine One for the Rich, California Infections Rise; N.Y. “The Hong Kong stock market will remain as a critical component for Vanguard’s global diversified funds,” the company said. By using this website you acknowledge that your access to the information on this website is governed by the laws of Hong Kong. Have a confidential tip for our reporters? All investors accessing the website do so on their own initiative and are responsible for compliance with applicable local laws and regulations. All rights reserved. Investment involves risks. The company will also exit Hong-Kong… — With assistance by Lulu Yilun Chen, Dingmin Zhang, Haze Fan, David Scanlan, Gregor Stuart Hunter, and Jun Luo, U.S. firm seeks to target fast-growing regions in Asia, Company has launched China joint venture with Ant Group. All rights reserved. The restructuring has been in the works from before the coronavirus pandemic, they said. Your use of this site signifies that you accept our Terms and conditions of use | Privacy policy Vanguard Investments Hong Kong Limited. Restaurant Curfew: Virus Update, Pfizer Vaccine’s Funding Came From Berlin, Not Washington, Target Is Reopening Its Looted Store With Black Shoppers in Mind. Before it's here, it's on the Bloomberg Terminal. Updates with Hong Kong assets in fifth paragraph. Enter a valid Vanguard fund name or ticker, investments/mutualfunds/detailoverview?portId=pppp&assetCode=cccc, FTSE Asia ex Japan High Dividend Yield Index ETF. The world’s second-largest money manager said it sees a “considerable opportunity” in China, where it has teamed up with billionaire Jack Ma’s Ant Group to develop a robo-adviser service for the fintech giant’s more than 1 billion digital customers.

The changes will impact 70 positions in Hong Kong and Japan, according to an emailed statement. The Malvern, Pennsylvania-based money manager said the move doesn’t suggest the company isn’t bullish on Hong Kong. This web page is published by Vanguard Investments Hong Kong Limited and this web page has not been reviewed by the Securities and Futures Commission in Hong Kong. Scott Conking, a 36-year company veteran who was appointed to lead the Asia business in March, will work between Hong Kong and Shanghai as the latter city becomes Vanguard’s primary office in the region. Vanguard Investments Hong Kong Limited (AYT820), a subsidiary of The Vanguard Group in the US, is licensed with the Securities and Futures Commission ("SFC"). Vanguard runs at least six ETFs on the Hong Kong exchange including funds tracking China, Japan, Asia ex-Japan and developed Europe. Past performance is not indicative of future performance. Vanguard Group Inc. said it plans to end its onshore presence in Hong Kong and Japan to focus on individual investors in faster-growing parts of Asia, resulting in an undisclosed number of job losses. Investment involves risks. Vanguard services more than 30 million investors globally. Investors should refer to the fund prospectus for further details, including the product features and risk factors. In Japan, Vanguard said it will no longer actively market products or distribute new ones. There is no intention to offer or sell products in countries or jurisdictions where such offer or sale would be unlawful under the relevant domestic law. Vanguard ETFs make ideal building blocks for a well-diversified portfolio, giving you broad access to the world's total equity market capitalisation. The company will also exit Hong-Kong’s Mandatory Provident Fund and Index-Tracking Collective Investment Scheme platforms.



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