China Southern to launch FTSE Bric 50 tracker

May 30, 2010

FTSE’s prospects in China are looking brighter following its second asset manager deal with China Southern. The Shenzhen fund house says the index-fund product will shortly be ready to go.

After grinding to a standstill, China's QDII exchange-traded fund market has shown a few signs of life this year, in the form of new product launches. One issue is that the authorities are more circumspect than they had been previously about driving things forward.

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