The Business Times
business-time-50

BlackRock, SGX launch climate action ETF at local equity record of US$426 million

google-preferred-sourceAdd BT as a preferred source
Uma Devi

Uma Devi

Published Thu, Sep 14, 2023 · 05:00 AM
    • The fund, a collaboration among BlackRock, SGX and the MSCI,  has assets under management of US$426 million. 
    • The fund, a collaboration among BlackRock, SGX and the MSCI,  has assets under management of US$426 million.  PHOTO: BT FILE

    ASSET manager BlackRock teamed up with the Singapore Exchange (SGX) and MSCI on Thursday (Sep 14) to list a US$426 million exchange traded fund (ETF).

    This is the largest equity amount for an ETF launched in the city-state.

    The fund tracks the MSCI Asia ex-Japan Climate Action Index, which is part of the suite of MSCI Climate Action Indexes launched at the end of last year.

    ETFSingapore StocksSGXsustainable investingDBSESG

    TRENDING NOW

    Eugene Lai (left) says that he was sharing a view with Tan Chian Khong that the board needed a refresh and that it was not an explicit direction to resign.

    CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh

    In the last round of bidding, the premium for Category B was S$980 more than that for Category A.

    Cat A COE rate exceeds Cat B for third time in 4 months; premiums largely down

    Some industry watchers wonder if Orchard Road can hold its own next to competing retail destinations, both global and local.

    What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future

    Those whose employers actively discourage the use of AI at work have the lowest mental health score.

    Singapore workers experiencing rising anxiety; signs of fallout from pressure to use AI

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More