The Emergence of Etfs in Asia-Pacific
暫譯: 亞太地區ETF的興起
Marszk, Adam, Lechman, Ewa, Kato, Yasuyuki
- 出版商: Springer
- 出版日期: 2019-04-08
- 售價: $4,890
- 貴賓價: 9.5 折 $4,646
- 語言: 英文
- 頁數: 224
- 裝訂: Hardcover - also called cloth, retail trade, or trade
- ISBN: 3030127516
- ISBN-13: 9783030127510
海外代購書籍(需單獨結帳)
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商品描述
This book is dedicated to examining Exchange-Traded Funds (ETFs) market in the Asia-Pacific region between 2004 and 2017. It offers a broad examination of the attributes and development of the ETF markets. The book presents a new approach to ETF markets modeling that uses innovation diffusion model. In addition, it explores the empirical links between ETFs and Information and Communication Technologies (ICTs). The book also compares ETFs and competing investment options. This book should appeal to both academics and practitioners as it includes detailed descriptions of the ETF markets and prepared projections regarding their future development. As the Asia-Pacific region plays a significant role in the global economy, this book should be useful for international readers beyond this area.
The Emergence of ETFs in Asia-Pacific begins with an overview of the Asia-Pacific economies, focusing on their importance for the global economy and their features. Next, the book introduces an analytical framework. It explains major features of ETFs (such as their creation, distribution, and trading) and key categories, which facilitates profound understanding of the book merit even for readers with little knowledge about ETFs. The following chapter explores the role of ICTs in economy and society identifying channels of their impact on financial markets. It discusses how ICTs foster dynamic spread of financial innovations (including ETFs) across financial markets. Next, the book examines the ETF market's development in different countries in the Asia-Pacific region, by analyzing their level of development in terms of turnover. In this part it also provides brief characteristics of all markets, including their structures and categories of ETFs in various countries. Consecutive part of the book is dedicated to reports on the process of ICTs growing penetration across Asia-Pacific countries, showing the changes observed during recent years. It then continues the empirical analysis of the ETF markets in the Asia-Pacific region by attempting to trace the links between the development of ETF markets and ICT penetration during the period 2004-2017. As complementary material, a methodological annex is included showing major analytical techniques used throughout the research.
商品描述(中文翻譯)
本書專注於2004年至2017年間亞太地區的交易所交易基金（ETFs）市場進行研究。它廣泛檢視了ETF市場的特徵和發展。本書提出了一種新的ETF市場建模方法，使用創新擴散模型。此外，它探討了ETF與資訊與通信技術（ICTs）之間的實證聯繫。本書還比較了ETF與其他競爭性投資選擇。這本書應該會吸引學術界和實務界的讀者，因為它包含了對ETF市場的詳細描述以及對其未來發展的預測。由於亞太地區在全球經濟中扮演著重要角色，本書對於超越該地區的國際讀者也應該是有用的。
《亞太地區ETF的興起》以亞太經濟體的概述開始，重點介紹它們對全球經濟的重要性及其特徵。接下來，本書介紹了一個分析框架。它解釋了ETF的主要特徵（如創建、分配和交易）和關鍵類別，這有助於即使對ETF知識不多的讀者也能深入理解本書的價值。接下來的章節探討了ICT在經濟和社會中的角色，識別其對金融市場影響的渠道。它討論了ICT如何促進金融創新（包括ETF）在金融市場中的動態擴散。接著，本書分析了亞太地區不同國家的ETF市場發展，通過分析其在成交量方面的發展水平。在這部分中，它還提供了所有市場的簡要特徵，包括各國ETF的結構和類別。本書的後續部分專注於報告ICT在亞太國家逐漸滲透的過程，顯示近年來觀察到的變化。然後，它繼續對亞太地區ETF市場的實證分析，試圖追蹤2004年至2017年間ETF市場發展與ICT滲透之間的聯繫。作為補充材料，附錄中包含了在整個研究中使用的主要分析技術的說明。
作者簡介
Adam Marszk is an Assistant Professor at the Faculty of Management and Economics, Gdansk University of Technology (Poland). He is CFA charterholder and member of the CFA institute. He has authored and reviewed many publications in local and international journals (including Journal of Macroeconomics and Technological Forecasting and Social Change), focusing on financial innovations, linkages between financial markets and economy, financial systems in underdeveloped economies, economic integration, and portfolio management. He has served as coordinator and investigator in research projects financed by national and international institutions and was the winner of the 2015 Jan Uphagen's Award for the Best Young Scientists; in 2017 he was awarded the START scholarship of the Foundation for Polish Science.
Ewa Lechman is an Associate Professor of Economics at the Faculty of Management and Economics, Gdansk University of Technology. Her extensive research interests concentrate on economic development, ICT, and its role in reshaping social and economic systems and various aspects of poverty and economics in developing countries. She coordinates and participates in international research and educational projects and also works as an independent expert assisting with innovation assignments, including the evaluation of small and medium enterprise proposals, EU-financed programmes, and policy design regarding innovativeness, digitalization, education and social exclusion. She was the 2013 winner of an Emerald Literati Network Award for Excellence and is a member of the editorial boards of international journals on technology diffusion, the digital economy and economic development.
Yasuyuki Kato is a professor of the Graduate School of Management, Kyoto University. He has been specialized in investment research since he joined Nomura. He has held positions as the global head of quantitative research and a board member of Nomura until he left for Kyoto University. Now he also holds positions of a member of the governing board of the Government Pension Investment Fund(GPIF), an editor of the Securities Analysts Journal of Japan, an advisor for the Money Design, and etc. He has written various papers and books including "The Asset Management in the Aging Society," "ESG Investment Studies" and etc.
作者簡介(中文翻譯)
**亞當·馬爾茲克**（Adam Marszk）是波蘭格但斯克科技大學管理與經濟學院的助理教授。他是CFA持證人及CFA協會的成員。他在當地及國際期刊（包括《宏觀經濟學期刊》（Journal of Macroeconomics）和《技術預測與社會變遷》（Technological Forecasting and Social Change））上發表和審稿了許多出版物，專注於金融創新、金融市場與經濟之間的聯繫、發展中國家的金融系統、經濟整合及投資組合管理。他曾擔任由國家及國際機構資助的研究項目的協調員和研究員，並於2015年獲得雅恩·烏帕亨最佳青年科學家獎；在2017年，他獲得波蘭科學基金會的START獎學金。
**艾娃·萊赫曼**（Ewa Lechman）是波蘭格但斯克科技大學管理與經濟學院的經濟學副教授。她的廣泛研究興趣集中在經濟發展、資訊通信技術（ICT）及其在重塑社會和經濟系統中的角色，以及發展中國家貧困和經濟的各個方面。她協調並參與國際研究和教育項目，並作為獨立專家協助創新任務，包括評估中小企業提案、歐盟資助的計劃及有關創新性、數位化、教育和社會排斥的政策設計。她於2013年獲得Emerald Literati Network卓越獎，並是國際期刊的編輯委員會成員，專注於技術擴散、數位經濟和經濟發展。
**加藤康之**（Yasuyuki Kato）是京都大學管理研究所的教授。自從加入野村證券以來，他專注於投資研究。他曾擔任全球量化研究負責人及野村證券的董事會成員，直到他離開前往京都大學。現在，他還擔任政府年金投資基金（GPIF）管理委員會成員、日本證券分析師期刊的編輯、Money Design的顧問等職位。他撰寫了多篇論文和書籍，包括《老齡社會的資產管理》（The Asset Management in the Aging Society）、《ESG投資研究》（ESG Investment Studies）等。
