Latest news with #statebacked
Bloomberg
24-06-2025
- Business
- Bloomberg
$2.5 Trillion of APAC ETF Assets in Reach With Market Gain
The Asia-Pacific exchange-traded fund (ETF) market is set for significant transformation in 2025. Our latest report provides a data-driven outlook on how assets under management could approach $2.5 trillion by year-end — if market gains and stimulus efforts hold. Mainland China's aggressive state-backed ETF purchases are reshaping regional rankings and fueling unprecedented growth, while Hong Kong emerges as a key center for returns and innovation. Download the report now for access to detailed league tables, turnover trends, and a clear-eyed analysis of the forces propelling APAC's ETF ecosystem forward.
Times
07-05-2025
- Business
- Times
Trainline urges ministers to play fair with state competitor
Trainline has warned the government to play fair over the upcoming introduction of its own state-run national railway ticketing platform. The spectre of the renationalised Great British Railways eating into Trainline's business, plus a further warning of slower growth in ticket volumes and revenues from selling rail fares digitally to passengers, weighed on the company's shares in trading on Thursday. The stock, floated six years ago at 350p, fell 11¼p, or 4 per cent, to 268¾p, heading back toward recent 18-month lows. • Investors fear state-backed rival to Trainline's dominance Trainline is an online app selling rail tickets to a customer base of 18 million customers in Britain and increasingly around Europe. It was created just before the turn of the millennium and has been
