CSOP sets up New York base, launches smart-beta ETF
The Chinese asset manager is set to expand in New York and has listed two further ETFs in the city, including a smart-beta product targeting A and H-share arbitrage opportunities.
CSOP Asset Management is looking to beef up its operations in New York and has listed its first smart-beta product to capture the price difference between mainland and Hong Kong listed Chinese companies.
Currently functioning principally as a research and marketing outpost, the plan is to turn the US office into CSOP's first overseas asset management hub.
“We want to build an independent and fully operative entity in New York,” Louis Lu, a portfolio manager at CSOP, told…
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