ETF Securities, a leading provider of exchange-traded products (ETPs), has launched a range of currency basket ETPs. The products, which have been listed on the London Stock Exchange and will cross list on the Deutsche Börse later this month, offer investors a transparent and cost effective way to get exposure to the foreign exchange markets by gaining access to a range of currencies simultaneously. The range includes four tactical currency baskets and one strategic currency basket. The tactical currency baskets are offered in both bullish and bearish versions.

Morgan Stanley has introduced its debut exchange-traded fund, the MS Scientific Beta Global Equity Factors UCITS ETF (GEF). The ETF, which was unveiled on the London Stock Exchange earlier this month, provides exposure to the Scientific Beta Developed Multi-Beta Multi-Strategy Equal Weight Index and is the first ETF to be launched between Morgan Stanley and smart beta index provider ERI Scientific Beta. Rolled out under the investment bank’s FundLogic platform, the fund aims to meet the growing demand from institutional investors to access smart beta indices and factor indices through liquid and transparent products.