US Wrap: S&P 500 slips into minority as issuers hit the accelerator

Up until now broadening exposure has meant either different versions of US equity, or tempering US equity exposure with international developed market stock index funds, such as with the Russell 2000 and the iShares MSCI Eafe Index fund, both also present in today's new offerings. Unusually, two of today's new launches play the emerging markets theme exclusively.

Both HSBC and JP Morgan have linked structures to the iShares MSCI Emerging Markets Index fund. The fund's underlying index incorporate

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