Credit Suisse is entering the Italian ETF market with its Xmtch range, as part of a plan to expand its offering across Europe.
The bank's first launch into the Italian market comprises 17 cash-based ETFs on the Borsa Italiana. The range includes equity funds, and inflation linked and government bond funds based on a range of maturities, with a regional focus on Europe, the US, and Japan. The bank says Italy is the first country outside of Switzerland in which it has launched its range, due to increasing demand for index-linked products among European investors. Over the past eight years, Credit Suisse has bolstered its ETF business in Switzerland and has accrued €6bn in assets under management. Credit Suis...
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