Asian ETF cross-listings ‘remove frictions’
Latest news on ETFs
Visit our ETF Hub to find out more and to explore our in-depth data and comparison tools
The launch of a suite of DWS cross-listed exchange traded funds in Hong Kong and Singapore could be game changing for Asian investors, market participants say, offering the prospect of reduced costs and more choice.
The excitement in the industry does not revolve around the funds themselves — which, apart from one MSCI USA swap Ucits ETF, offer Hong Kong and Singapore investors more exposure in Asian markets albeit via Ucits ETFs — but instead over the way settlement and clearing will be handled.
This story originally appeared on: Financial Times - Author:Emma Boyde