Fund Management
Premia Partners Launches Two Smart Beta China Equity ETFs
The two Hong Kong Stock Exchange listed ETFs consist of approximately 300 Shanghai and Shenzhen listed stocks.
Premia Partners, the Hong Kong-based investment firm that focuses on exchange-traded funds and smart beta solutions, has launched two smart beta China equity ETFs that are designed to provide investors with diversified exposure to the China A-shares markets.
The ETFs track the CSI smart beta indices which employ methodology provided by Caixin Rayliant Smart Beta ("Caixin Rayliant") led by Dr Jason Hsu, chairman and chief investment officer of Rayliant Global Investors, and co-founder and vice chairman of Research Affiliates, the firm said in a statement.
The two Hong Kong Stock Exchange listed ETFs consist of approximately 300 Shanghai- and Shenzhen- listed stocks.
The Premia CSI Caixin China Bedrock Economy ETF tracks the CSI Caixin Bedrock Economy Index and aims to capture leading companies that drive the mainstream economy of China, based on economic size, financial health and low risk characteristics. The Premia CSI Caixin China New Economy ETF tracks the CSI Caixin New Economic Engine Index, which aims to capture leaders from new economy industries, selected based on non-fixed asset size, financial health and growth characteristics.
"We are very excited to partner with CSI, Madam Hu Shuli and Dr Jason Hsu and their team at Caixin Rayliant in offering these two ETFs," said Rebecca Chua, managing partner of Premia Partners. "Dr Hsu has long been the leading voice in the smart beta and factor investing world, with his work at Research Affiliates widely recognised and adopted by investors globally. We are honoured to be able to leverage on him and the Caixin Rayliant team's insights and expertise in bringing to market the world's first fundamental multi-factor China A-shares ETFs. These strategies are based on robust academic research into China factor performance and are the first to capture the nuances of mainstream and new economy Mainland markets instead of following a narrow market capitalization approach."
