SSGA to launch new Euro ETFs
22 December 2010 London
Image: Shutterstock
State Street Global Advisors will launch a new range of ETFs across Europe in the first quarter of 2011.
The company currently has a small number of SPDR ETFs in France and Germany, tracking MSCI Europe, MSCI Small Cap and a series of MSCI Europe Sector indices.
The new funds will include equity and fixed income ETFs as well as a series of innovative funds. They will be listed in Switzerland and Italy.
SSgA head of intermediaries EMEA Vin Bhattacharjee said: "We physically replicate our funds. We have no intention of doing anything synthetic at the moment, although we might consider this in a year or so down the road.
We will come out with transparency on what percentage of revenue goes back into the funds.
"There's obviously quite a lot of focus on synthetic products and transparency, but securities lending requires this too and we'll be the leaders in this."
See page 10 of the latest issue of Â鶹´«Ã½ Lending Times for more on State Street's view on European ETFs
The company currently has a small number of SPDR ETFs in France and Germany, tracking MSCI Europe, MSCI Small Cap and a series of MSCI Europe Sector indices.
The new funds will include equity and fixed income ETFs as well as a series of innovative funds. They will be listed in Switzerland and Italy.
SSgA head of intermediaries EMEA Vin Bhattacharjee said: "We physically replicate our funds. We have no intention of doing anything synthetic at the moment, although we might consider this in a year or so down the road.
We will come out with transparency on what percentage of revenue goes back into the funds.
"There's obviously quite a lot of focus on synthetic products and transparency, but securities lending requires this too and we'll be the leaders in this."
See page 10 of the latest issue of Â鶹´«Ã½ Lending Times for more on State Street's view on European ETFs
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