Deutsche Bank lists six more ETFs on SGX
The new exchange-traded funds include the first fund in Asia to track the Brazilian stock market. The bank expects sizable growth in inflows from pension and sovereign funds.
Deutsche Bank has launched six more exchange-traded funds (ETFs) on the Singapore Exchange (SGX), including Asia's first ETF tracking the performance of the Brazilian equity market.
The six ETFs are among the most successful in terms of assets under management of the 120 ETFs that the bank's db x-trackers unit provides in Europe. These 120 have a total of $37 billion in AUM.
Deutsche now has 16 ETFs listed on the SGX and six in Hong Kong, and the bank plans to bring its "multi-asset…
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