HSBC GAM offers four Asian ETFs
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HSBC Global Asset Management is offering a quartet of exchange traded funds designed to give investors exposure to emerging markets.
The HSBC MSCI Korea, Indonesia, Malaysia and Taiwan ETFs have all been made available on the London Stock Exchange and will have a total expense ratio of 0.6 per cent.
The launches bring HSBC’s total number of ETFs to 23 and add to its four existing emerging markets ETFs, tracking the MSCI China, emerging markets Far East, Pacific excluding Japan and Japan indices.
Head of ETFs Farley Thomas says: “Investors in Europe have historically had access to Indonesia and Malaysia through swap-based ETFs and there is a limited choice available for those seeking access to all four of these Asian markets.”
Bestinvest senior investment adviser Adrian Lowcock says: “There is an ever growing appetite for these products and if China is not going to be the engine room of the world an more, then places like Indonesia are likely to take up the mantle.”
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