Positive signs for SGX's new China bond product
Investors show appetite for China exposure, higher yields
Add BT as a preferred source
Angela Tan
Singapore
ASSET managers are racing to launch products that will give investors exposure to China. And the Singapore Exchange (SGX)'s recent listing of an exchange-traded fund (ETF) tracking the Chinese bond market appears poised to benefit from that demand.
The ICBC CSOP FTSE Chinese Government Bond Index ETF is structured to replicate the performance of the FTSE Chinese Government Bond Index, which provides exposure to fixed-rate Chinese sovereign bonds with at least RMB20 billion outstanding and a remaining maturity of between one and 30 years. CSOP Asset Managment expects interest to cross the US$1 billion mark very quickly.
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