TREE NEWS update: Seven active ETFs had been established on the Shanghai Stock Exchange as of Oct. 30, after nine such products completed fundraising on the exchange. Managers including Morgan, E Fund, China AMC and Ping An have begun building positions for their active ETFs, with the remaining products expected to be established and start investing in turn.
Seven Active ETFs Launch on Shanghai Stock Exchange
The arrival of active ETFs on the Shanghai Stock Exchange marks a structural shift in China's fund market, where passive products have dominated. It matters most for fund managers, who can now charge for stock selection in an exchange-traded wrapper, and for allocators seeking lower-cost alternatives to mutual funds. The open question is whether these managers can deliver enough alpha to justify active fees, and how quickly the remaining products move from fundraising into actual positioning.
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