LISTED PRODUCT NEWS
DB X-TRACKERS LISTS FOUR NEW ETFS
Deutsche Bank’s ETF division db x-trackers announced on Monday that it had listed four ETFs in London that give access to key Asian emerging markets. These swap-based ETFs track the MSCI China, MSCI India, MSCI Malaysia and MSCI Thailand total return equity indexes. The all-in fees for the Malaysia and Thailand ETFs are 0.5 per cent while the China ETF costs 0.65 per cent and the India ETF 0.75 per cent. Db x-trackers says it is now the largest issuer of emerging market ETFs on the London Stock Exchange following these listings.
DEBT WORRIES AID PRECIOUS METAL ETCS
Flows into precious metals exchange-traded commodities ETCs) accelerated to their fastest rate in 13 weeks last week according to data from ETF Securities as a result of mounting speculation about an Irish bailout and the G20 impasse. Diversified physical precious metal basket ETCs have been the most popular over the past month, attracting $104m since mid-September. Physical palladium ETCs saw $60m of inflows while $40m went into physical platinum ETCs and $22m into physical silver ETCs. In contrast, physical gold ETCs saw $112m of outflows.
FREE RBS SEMINAR ON BRIC INVESTING
RBS is hosting a free seminar tonight at its HQ in Canada on the opportunities for investing in the Bric countries (Brazil, Russia, India and China). These have become more popular for investors as the opportunities in developed markets have disappeared. Investment expert David Stevenson will give his outlook for these countries while RBS will be looking at how to make the most of this opportunity using listed products. The seminar is from 5.30pm to 6.45pm and it will be held at 250 Bishopsgate. To register go to www.rbs.co.uk/markets.