FTSE Russell launches China A-H 50 Index
Global index provider, FTSE Russell, will launch a new index representing the 50 largest companies listed of the Chinese and Hong Kong stock exchanges.
The FTSE China A-H 50 Index has been licenced by Deutsche Bank for exchange traded funds (ETFs) listed on the London Stock Exchange and the Deutsche Borse AG.
FTSE Russell chief executive, Mark Makepeace, said the index will consist of China A Shares and Hong Kong H Shares, and that for companies listed on both exchanges, the lower price will be selected for inclusion.
"FTSE Russell has [a] long track record of working in China, and is the most active benchmark provider supporting international investment in the region," he said.
"As the Chinese domestic market opens, we continue to develop products that provide investors with a variety of tools to capture different aspects of the market.
"The FTSE China A-H 50 Index reflects our desire to create new index solutions for the region, as we look to support the diverse range of investment needs."
AUTHOR
Nicholas O'Donoghue
Recommended for you
Record flows into iShares ETFs helped BlackRock’s assets under management reach US$13.5 trillion in the third quarter, but it reported outflows from the APAC region.
Regal Partners has passed $20 billion in funds under management, helped by $723 million in net inflows during the last three months.
Global investment manager Fidante has formed a strategic partnership with a London-based asset manager to secure exclusive distribution rights across the APAC region.
Blackwattle Investment Partners has hired a management trio from First Sentier Investors – who departed amid the closure of four investment teams last year – to run its first equity income offering.
