FTSE wins Asia Asset Management 'ETF Index Provider of the Year' Award

FTSE's commitment to providing innovative tradable indices has been recognised at the prestigious Asia Asset Management (AAM) 'Best of the Best Awards 2012' where FTSE was awarded the title "ETF Index Provider of the Year".

Jonathan Horton, Global Head of FTSE's Exchange Traded Products service unit, said: "We are delighted to receive this award.  FTSE's focus on providing innovative tradable indices, underpinned by strong governance standards, makes FTSE a natural choice for issuers wanting to expand investor choice with world-class products."  

Jessie Pak, Managing Director, Asia, FTSE Group, said, "The award acknowledges that the FTSE China Index Series has become widely recognised by investors and ETF issuers globally as the natural choice for creating China-themed investment products. We are also delighted at the success of our partnership with CSOP Asset Management."

FTSE and CSOP partnered to launch the FTSE China A50 RQFII ETF on August 29, 2012. The fund was fully subscribed on the first day, establishing the CSOP FTSE China A50 RQFII ETF as the largest RQFII ETF, with assets under management (AUM) of US$771m on the first day of trading. RQFII refers to investment products which enable qualified foreign institutional investors to invest offshore renminbi funds in mainland China stock and bond markets.

Last month the combined assets of FTSE China A50 Index-linked ETFs surpassed the $US10 billion [1]AUM milestone, underlining FTSE's leadership position in the China ETF marketplace, with a majority of the assets under management (AUM) in China-themed ETFs listed globally - more than 58% [2]-- benchmarked to FTSE indices. The most widely followed indices are the FTSE China A50 Index and the FTSE China 25 Index, which are used as the basis of the world's largest China-themed ETFs.

This award adds to FTSE's previous accolades in Asia: last year FTSE was chosen as AAM 'Index Provider of the Year (China)'. Asian Investor also chose FTSE for its 'Best Tradable Index Provider' award in 2012.


[1]Source: Bloomberg

[2]Source: Bloomberg

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