View more on these topics

HSBC enters European ETF market

HSBC has announced plans to join the ETF market with the launch of a European fund.

The HSBC FTSE 100 ETF will track the performance of the blue chip index. The fund is domiciled in Ireland but is available for sale in the UK and across Europe.

The fund will have a total expense ratio of 0.35 per cent and will launch on August 25.

HSBC says it plans to build on its ETF business across Asia, Latin America and the Middle East.

HSBC Global Asset Management chief executive officer Mark McCombe says: “We are intent on complementing our existing set of investment capabilities by developing a range of ETFs that can meet the main investment requirements of the institutional, wealth management and retail segments.”

Recommended

Compulsion by another name

Paul King makes a case for compulsion in the UK regarding pension provision. What he seems to forget is that we already have compulsion and loads of it.

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com