HONG KONG, CHINA, Apr. 29 (Korea Bizwire) — BMO Global Asset Management (Asia) Ltd. announced that two of its ETFs have been honoured at the ETFI Asia and Asia Asset Management’s ETF and Indexing Awards 2015.
BMO Asia High Dividend ETF won the ‘Most Innovative ETF’, while BMO Hong Kong Banks ETF earned two awards – ‘Best Thematic ETF’ and ‘Best New ETF’.
The ETFI Asia and Asia Asset Management’s ETF and Indexing Awards 2015 recognize the most outstanding firms, products and personalities from Asia’s ETF and indexing industry over the last year.
“We’re delighted and honoured to have two of the first three ETFs we’ve introduced in the region recognized by ETFI Asia and Asia Asset Management for their innovation and specific design to address key investor needs,” said Amit Prakash, Managing Director, BMO Global Asset Management (Asia).
Mr. Prakash continued, “Less than a year ago BMO became the first Canadian bank to have ETFs listed in Hong Kong. We’re very pleased with how they’ve been received by local investors. We look forward to continuing to build a long-term business in the region and developing products based on discipline, transparency and liquidity.”
About BMO Global Asset Management
BMO Global Asset Management is a global investment manager delivering service excellence from 24 offices in 14 countries to clients across five continents. Including discretionary and non-discretionary assets, BMO Global Asset Management had approximately US$249 billion in assets under management, as of January 31, 2015.
Headquartered by four multi-disciplined investment teams based in Toronto, Chicago/Milwaukee, London and Hong Kong, the organization is complemented by a network of world-class boutique managers strategically located across the globe. They include LGM Investments, Monegy, Inc., Pyrford International Ltd., and Taplin, Canida & Habacht, LLC. With operations throughout North America and Europe, and in Abu Dhabi, Mumbai, Beijing, Shanghai, Hong Kong, Melbourne and Sydney, BMO Global Asset Management has been recognized by Pension & Investments as one of the world’s largest 100 asset managers based on combined assets under management as of December 31, 2013 and is a signatory of the United Nations-supported Principles for Responsible Investment initiative (UNPRI).
BMO Global Asset Management is a part of BMO Financial Group (NYSE: BMO), a fully diversified financial services organization with C$672 billion in total assets as of January 31, 2015, and more than 46,000 employees.
Source: BMO Financial Group via Marketwired