HSBC Floats CIVETS, EM ETFs

HSBC Global Asset Management has added CIVETS and Emerging Markets funds to its ETF range.

HSBC Global Asset Management has added CIVETS and Emerging Markets funds to its ETF range, What Investment reports. The HSBC MSCI Emerging Markets and the HSBC S&P CIVETS 60 ETFs will join the firm’s existing stable offerings.

The MSCI Emerging Markets ETF will offer a more general index tracking product. The S&P CIVETS 60 index fund will tracks the performance of 10 stocks from each of the six CIVETS countries.

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