Chinese AM lists Japan equity ETF across European exchanges

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Chinese asset manager Chinese Post Global has listed the Market Access iSTOXX MUTB Japan Quality 150 Index Ucits ETF on the London Stock Exchange as well as on Germany’s Deutsche Börse and Switzerland’s SIX.

It is also registered in Austria, Italy, Luxembourg and the Netherlands, Luxembourg.

This forms the first ETF listing in London of China Post Global since it acquired the ETF Market Access range  from Royal Bank of Scotland in 2016.

The ETF seeks to replicate the performance of the iSTOXX MUTB Japan Quality 150 Index invested in companies with high returns on equity, strong financial health and positive cash flows.

“We are very pleased to be listing our Japan Quality ETF on the London Stock Exchange, in response to strong demand from UK-based investors seeking exposure to Japanese companies through this differentiated and innovative approach,” commented Danny Dolan, managing director of China Post Global.

“A lot of interest has been generated since last year, which was excellent for investments in Japan, ending with the TOPIX index at a 26-year high, but we do suggest investors look closely at the Japanese market, as taking a more selective approach can pay off,” Dolan said.

Lida Eslami, head of ETP Business Development at London Stock Exchange Plc, welcomed China Post Global’s first ETF listing in London and said the exchange looks forward to continuing to work with the Chinese manager for new products to market and to deepen the strong economic ties between the UK and China.