Credit Suisse is entering the German ETF market with its Xmtch platform and will list 16 funds on the Deutsche Boerse on November 25.
The expansion of the platform into Germany follows the bank's recent listing of 17 Xmtch ETFs in Italy, which marked Credit Suisse's first foray into another European market outside of Switzerland.
The 16 cash-based ETFs provide exposure to equities, inflation linked and government bond ETFs, comprising a range of maturities. The range has a regional focus on Europe, the US and Japan.
Credit Suisse head of beta strategies Oliver Schupp says: "Difficult market conditions over the past 18 months have led to a greater demand from investors for beta products."
He adds the range will be expanded over time to include local equity indices, commodities and alternative investment strategies.
The bank has become an established player in the Swiss ETF market over the last eight years, accruing €6bn in assets under management.
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