RQFII ETFs no threat, says iShares chief

iShares’ new Asia-Pacific head is confident its FTSE A50 China Index exchange-traded fund will retain its popularity in the face of newly launched A-share ETFs under the RQFII scheme. Jane Leung, who started in her role in July, also explains why BlackRock’s ETF unit is setting up a new team to support the sales force. This is an ‘ETF sales specialist function’ that will help clients and distributors better understand the technical aspects of ETFs. Led by Suresh Singh, previousl…