Emerging in the East

  Last year saw a number of financial institutions and new issuers make their first foray into the blossoming European ETF market. One of those was HSBC, a group with over $730bn in assets under management (AUM), having unveiled its inaugural ETF on the London Stock Exchange in August 2009. After launching four funds, the bank now plans to establish a core range over the next 18 months and is uniquely placed to tap into the anticipated demand for ETFs in the Far East.   HSBC’s Farley Thomas is optimistic about the prospects for the ETF industry and forecasts compound global annual gro...