BMO Wins Top Awards for ETFs
OREANDA-NEWS. BMO Global Asset Management was recognized as the "Best ETF Provider for Hong Kong" at The Asset Triple A ETF Awards 2016 award ceremony in Hong Kong last night. This is the second year that BMO has been honoured with this industry award; in 2015, it received the "Best ETF Provider for Hong Kong - Rising Star" and the "Most Innovative ETF Product, Hong Kong" for its BMO Hong Kong Banks ETF.
"This award recognizes our continuing efforts to bring client-focused solutions to investors in the region", said Ravi Sriskandarajah, Managing Director and Head of BMO Global Asset Management (Asia Pacific), following the award ceremony.
Earlier this month, BMO Global Asset Management was also honoured by the Wealth & Finance International 2016 Fund Awards as the "Best ETF Provider 2016 Asia," and its BMO Asia USD Investment Grade Bond ETF was named the "Most Innovative Asia Focused ETF (1 Year)".
Mr. Sriskandarajah added, "We are happy to receive such recognition in the industry, and more notably, we are extremely pleased how well our ETFs have been received by investors ??? in particular our fixed income product. As the first and only ETF in Hong Kong to offer Asia USD bond exposure, it answers investors' needs for stable, high quality and long-term capital preservation."
In November 2014, BMO Global Asset Management launched its first ETFs in the region, becoming the first Canadian banking group to have ETFs listed in Hong Kong. The initial three offerings were structured to help address the demand for income, growth and access to the region's robust financial sector. That platform was expanded earlier in 2016 with four more ETFs, providing investors with exposure to key sectors and global markets.BMO Global Asset Management is a global investment manager with offices in more than 25 cities in 14 countries, delivering service excellence to clients across five continents.
Our four major investment centers in Toronto, Chicago, London and Hong Kong are complemented by a network of world-class boutique managers strategically located across the globe: BMO Real Estate Partners, LGM Investments, Monegy, Inc., Pyrford International Ltd., and Taplin, Canida & Habacht, LLC. BMO Global Asset Management 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, a highly diversified financial services provider based in North America with total assets of CDN $692 billion as of July 31, 2016, and over 45,000 employees. BMO Wealth Management has worldwide assets under management of CDN $402 billion.