Active, Japan-focused ETF debuts on SGX

The ETF has current assets under management of $48m.

Lion Global Investors, in conjunction with Nomura Asset Management, has launched an active ETF on SGX.

The active ETF has a current AUM of $48m. It is Lion Global Investors’ fifth ETF listed on SGX and also the first active ETF to list on the bourse.

The five ETFs managed by Lion Global Investors have a combined AUM of $812m.

Meanwhile, the active ETF “aims to capture the upside potential of both Japanese stocks and the yen currency, using a combination of advanced AI and machine-learning techniques to select TOPIX constituents based on various factors, such as fundamentals, technicals, quality and value,” SGX said.

The AI-powered ETF also employs AI and Machine Learning techniques to conduct investment analysis whilst utilising fundamental, technical, qualitative, quantitative and other relevant datasets, according to SGX.