HSBC lists South Africa ETF in London

HSBC lists South Africa ETF in London

South Africa is a "vibrant and dynamic" economy says HSBC

HSBC has listed a South Africa exchange-traded fund (ETF) on the London Stock Exchange as part of its emerging markets offering.

The ETF tracks the MSCI South Africa index and offers exposure to an economy that Farley Thomas, head of ETFs at HSBC in London, describes as "vibrant and dynamic". Thomas says the time has come for the second tier of emerging markets economies – such as Turkey, South Africa, Mexico and Columbia – to enter the limelight.

"As investors are hungry for growth