Fixed rate bonds provider HSBC introduces new investment option

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Fixed rate bonds provider HSBC introduces new investment option

Wed 8th Sep 2010

A new exchange traded fund (ETF) has been unveiled by HSBC, which a representative from the firm has described as allowing nearly complete exposure to developed markets.

Farley Thomas, heads of ETFs at the company, explained that the organisation intends to complement this new investment option with developed market equivalents.

"The addition of the HSBC MSCI Pacific ex Japan ETF allows us to offer near complete exposure to developed equity markets worldwide through HSBC ETFs," he said.

It will be listed initially on the London Stock Exchange, although the institution is planning to register it in further places in Europe in the coming months.

Mr Thomas stressed there will be further products released in the future covering other asset classes than emerging and developed market ETFs.

Last month, HSBC launched the Global Inflation Linked Bond fund, which invests in a variety of sovereign inflation-linked bonds across OECD nations, including the UK and the US.

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