View more on these topics

HSBC launches Emerging Markets ETF

HSBC has launched an emerging markets exchange-traded fund onto the London Stock Exchange.

The Irish-domiciled HSBC MSCI emerging markets ETF will replicate the performanceof the MSCI emerging markets index (net total return).

The index tracks the performance of the lartest companies in a range of emerging economies, including Brazil, Russia, China and India.

The ETF will use physical replication of the index and has a total expense ratio of 0.6 per cent.

Farley Thomas, the head of ETFs at HSBC, says: “MSCI Emerging Markets is an iconic index for tracking emerging markets worldwide, making this latest launch an important milestone in the expansion of HSBC’s ETF offering in Europe.

“As is the case for all HSBC ETFs in Europe and Asia, this fund offers extremely good value, as well as physical exposure to the total-return performance of the index net of fees.”

Recommended

Osborne rejects call to repeat Labour’s bank bonus tax

Chancellor George Osborne has rejected renewed calls from Labour to repeat the one-off tax on bank bonuses. At Treasury questions this afternoon, Shadow Chancellor Ed Balls called for the Government to repeat the bank bonus tax on top of the Government’s annual bank levy to help fund a training scheme for 119,000 18-25 year olds […]

Fidelity launches European dynamic value fund

Fidelity has launched a new fund to capitalise on the opportunities created by “cheap and disliked stocks” in Europe. The Fidelity funds European dynamic value fund, a Luxembourg-based Sicav which started trading yesterday, is managed by Neil Madden and will feature a concentrated portfolio of between 35 and 50 holdings. Stocks examined by the fund […]

UK Equities: looking past short volatility

By Mark Martin, head of UK Equities, Neptune With markets facing numerous challenges this year, Neptune’s Mark Martin, manager of the UK Mid Cap Fund, and assistant manager Holly Cassell explain how they look past short-term volatility to focus on maintaining a strong long-term performance record. Read more here Important Information – for investment professionals only. […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment