Deutsche to set new firsts for ETFs in HK
The bank is seeking to tap current trends by listing five new ETFs in Hong Kong today, including the city's first to track equities in Singapore, Bangladesh and Pakistan.
Deutsche Bank’s passive asset management business is to cross-list five ETFs in Hong Kong today, including the city’s first to track stocks in Singapore, Bangladesh and Pakistan.
All these exchange-traded funds are synthetic, or swaps-based, have previously been listed in Europe (London or Germany in 2011/12) and Singapore in 2011 and are Ucits-compliant.
They are MSCI Singapore, MSCI Bangladesh, MSCI Pakistan, MSCI Philippines and MSCI Asia ex-Japan high dividend.
Because the…
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