HSBC Global Asset Management has expanded its range of low carbon ESG ETFs with the launch of a fund providing broad emerging markets equity exposure.

FTSE Russell has unveiled a new government bond index providing exposure to local currency debt issued by Saudi Arabia.

By Philip Lawlor, Head of Global Investment Research, FTSE Russell.

Forward PE multiples hit new decade highs in August amid buoyant risk appetite and recovery hopes for both economies and corporate earnings.

HSBC Global Asset Management has extended its sustainable ETF range with the launch of the HSBC Asia Pacific ex Japan Sustainable Equity UCITS ETF on LSE.

FTSE Russell and Singapore Exchange (SGX) have unveiled details of a partnership to develop the ETF market locally in Singapore as well as explore opportunities across their index, data, and analytics businesses.

Investors are increasingly looking to incorporate sustainability considerations within their smart beta strategies, highlighting a potential opportunity for product developers, according to research from FTSE Russell.

Smartshares, New Zealand’s only ETF provider, has launched four new funds on the New Zealand Exchange (NZX). Each ETF is part of Smartshares’ ‘Core Series’ which is designed to offer mainstream exposures that form the core building blocks of portfolios. NZX Chief Executive, Mark Peterson, said, “The Smartshares Core Series will add depth and breadth to the choices for local investors on their local market – further driving the growth of ETFs in New Zealand.”

Goldman Sachs Asset Management has launched the Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF (GSIG US) on NYSE Arca. The fund provides broad exposure to US dollar investment-grade corporate bonds while screening out issuers with low operating margins and high leverage. Michael Crinieri, GSAM’s Global Head of ETF Strategy, said, “The addition of GSIG to our Access suite aims to provide investors an attractive option to get simple, transparent, and liquid access to the investment-grade credit market in a competitively priced vehicle backed by the global platform and resources of Goldman Sachs.”

Lyxor Asset Management has launched a new ETF delivering access to a global portfolio of government bonds issued by leading developed market countries. The Lyxor Core Global Government Bond (DR) UCITS ETF has listed on London Stock Exchange and comes with an expense ratio of just 0.09%. Philippe Baché, Head of Fixed Income at Lyxor ETF, said, “This could be an efficient way to own a diversified government bond portfolio in one low-cost ETF.”

Credit Suisse Asset Management has introduced two new ETFs providing socially responsible exposure to US small-cap equity and developed real estate exposures. The CSIF (IE) MSCI USA Small Cap ESG Leaders Blue UCITS ETF and CSIF (IE) FTSE EPRA Nareit Developed Green Blue UCITS ETF have listed on SIX Swiss Exchange, Deutsche Börse Xetra, and Borsa Italiana.