The overseas arm of China Asset Management is listing its first leveraged and inverse ETFs in Hong Kong, which will track the Nasdaq 100. It has partnered with US fund house Direxion.
Tag : inverse etfs
The move comes amid a reshuffle at the top of ANZ's ETF business and as Hong Kong is seen mulling the introduction of its first short and leveraged ETFs.
Inverse and leveraged exchange-traded funds specialist Direxion is preparing to market its products to institutions in the territory, indicate sources.
