DeAWM, Harvest list small-cap RQFII ETF on NYSE

Deutsche Asset & Wealth Management (DeAWM) and China's Harvest Global Investments listed an RQFII China small-cap index exchange-traded fund – the world's first –  in New York yesterday. The db X-trackers Harvest CSI 500 China A-Shares Small Cap Fund tracks the CSI 500 index, which comprises the most liquid 500 smallest-cap A-share firms. Though the CSI 500 has fallen 2.1% year-to-date, the product was launched because the index is not available in Hong Kong, says Marco Mont…