Vanguard adds China A shares to EM fund

Vanguard is to add China A shares to the world’s largest emerging market equity fund, which could lead more managers to follow suit. The important move comes after index provider FTSE last week launched new indices to facilitate a transition to China A shares in investors’ portfolios. Meanwhile the head of Hong Kong’s securities regulator has publicly stated it is inevitable that index provider MSCI will eventually include A shares in its own indices. US-based Vanguard, the wo…