DeAWM will follow the product with seven RQFII sector ETFs, though market conditions will determine their launch dates in New York, says Marco Montanari.
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Deutsche Asset & Wealth Management and Harvest Global Investments plan to list the exchange-traded fund in Europe, initially in London. January 16 is said to be the target date.
The Singapore-based company hopes to move out from TemasekÆs shadow and is targeting third-party fund assets of $25 billion over the next 10 years.