CSOP debuts L&I ETFs, expands sales coverage
The asset manager is the second to launch leveraged and inverse ETFs in Hong Kong – two Indian equity products – and has hired a salesperson to cover Australia and Southeast Asia.
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CSOP Asset Management will debut its first leveraged and inverse (L&I) exchange-traded funds in Hong Kong today – the first such products to track Indian stocks – and plans to add an institutional salesperson to cover Australia and Southeast Asia.
The Hong Kong-based fund house set up L&I products tracking India’s NSE Nifty 50 Index, namely Nifty 50 Daily (2x) Leveraged and Nifty 50 Daily (-1x) Inverse ETFs, after receiving regulatory approval on 14 July. It comes after Ko…
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