ETFs

The Bank of Montreal (BMO) has added nine ETFs to its range, including currency-hedged funds tracking China and India.

Osmosis Investment Management will launch its climate solutions ETF on the London Stock Exchange (LSE) on 8 February.

Credit Suisse has listed six Xmtch ETFs providing exposure to Europe, UK, the US and Japan, on the Six Swiss exchange.

Defensive ETFs have outperformed in the volatile markets experienced since the start of this year, according to ETF Securities (ETFS).

Russell Investments has tapped two Barclays Global Investors (BGI) executives, formerly tasked with growing iShares, to help build products related to the ETF business.

iShares has launched a range of four ETFs on the London Stock Exchange (LSE), with three providing exposure to MSCI country indices.

ComStage, the ETF arm of Commerzbank, has released a bond index fund on the Xetra trading platform of the Deutsche Boerse.

The amount of assets invested in ETFs grew by nearly one-third between the fourth quarter of 2008 and the final three months of last year, data from Barclays Stockbrokers reveals.

The Hong Kong and Shanghai stock exchanges have agreed to cooperate more closely on ETFs and other types of product development to boost mutual growth.

iShares has unveiled five international sector funds tracking MSCI indices on the Nasdaq stock exchange.