FTSE China A50 Index-linked ETFs hit US$10 billion AUM
08 January 2013
News, Asia, China, Hong Kong
By ETFI Asia
FTSE Group has announced that the combined assets of FTSE China A50 Index linked ETFs have surpassed US$10 billion. This milestone underlines FTSE’s leadership position in the China ETF marketplace, with a majority of the assets under management (AUM) in China-themed ETFs listed globally – more than 58% – benchmarked to FTSE indices.
The AUM of FTSE China A50 Index linked ETFs, including the iShares FTSE A50 China ETF and CSOP FTSE China A50 ETF, both listed on the Stock Exchange of Hong Kong, surpassed the record US$10 billion level over the holiday period. The FTSE China A50 Index represents the 50 largest A-Share companies, offering the optimal balance between representativeness and tradability for China’s A Share market.
Donald Keith, deputy chief executive, said: “With over 11 years experience developing indices specifically for the China market, FTSE has become widely recognised by investors and ETF issuers globally as the natural choice for creating China-themed investment products. At FTSE we continue to review and expand our China-themed offerings working in close consultation with clients to ensure we continue to provide optimal tools to support the growing investment opportunities in China.”
FTSE China indices are widely regarded as a leading measure of the China equities market by Chinese domestic and international investors. The most widely followed indices are the FTSE China A50 Index and the FTSE China 25 Index, which are used as the basis of the world’s largest China-themed ETFs.
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