London Stock Exchange welcomes FinEx ETF on to the Main Market
Monday 25th February 2013
London Stock Exchange today welcomed FinEx ETF as a new ETF issuer on its main market. FinEx has listed the FinEx Tradable Russian Corporate Bonds UCITS ETF, which tracks the Barclays EM Tradable Russian Corporate Bond (EMRUS) Index. It is the first product to be launched by FinEx ETF, which expects continued strong growth in the global ETF market in the next few years, a growing proportion of which will be fuelled by investors in, and from, Emerging Markets.
Simon Luhr, managing partner and Chief Executive officer for FinEx Capital Management, the promoter of FinEx ETF, commented:
“This is a very exciting time to launch a new ETF proposition and the LSE is a great platform given its global reputation as a leading ETF hub. Going forwards, our aim is also to list ETFs on exchanges in Emerging Markets, bringing Western style products to them while also offering Western investors access to emerging economies.”