HSBC in the UK has continued its exchange-traded fund (ETF) venture with the listing of a Brazil ETF on the London Stock Exchange (LSE). The ETF is the first in a series of products to be based on emerging markets, the bank says.
The HSBC MSCI Brazil ETF is the bank's ninth fund since it launched its ETF operation in August 2009. "Our ETF range is international. We are building a product suite of equity, bond and commodity ETFs, focusing on markets and indexes which are considered to be core by