HSBC intends to launch three ETFs investing in global real estate, Russian and Chinese equities, alongside plans to further extend its emerging market coverage.
The bank confirmed today that it has filed for a FTSE EPRA/NAREIT Developed Markets ETF and MSCI Russia Capped ETF, although no launch timetable has been released. The HSBC ETF website also carries a Master Schedule of Funds documenting a FTSE China 25 ETF which is yet to be launched, while the firm's head of ETFs Farley Thomas recently revealed he was looking at global and regional emerging markets, with a possible focus on Eastern Europe. HSBC's move into the ETF industry has already shown a taste for emerging market exposure, with 12 of the firm's 23 funds tracking emerging countri...
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