Source lists two smart beta products on SIX Swiss Exchange
Source has listed two of its flagship exchange-traded products on the SIX Swiss Exchange: the Man GLG Europe Plus ETF and the JP Morgan Macro Hedge Dual Source ETF.
These new listings take Source’s range on SIX up to 32 products.
The Man GLG Europe Plus Source ETF is one of Source’s most successful equity ETFs, with assets of USD950m. The underlying index is designed to outperform the broad European equity market by capturing outperformance from broker ideas. Man GLG uses ideas from around 65 leading brokers to create a liquid, highly diversified, long-only European equity index.
The JP Morgan Macro Hedge Dual Source ETF is designed to provide cost-effective exposure to equity market volatility. Aimed at sophisticated investors looking to use volatility as a hedging tool, it offers exposure to both US and European volatility. The ETF currently has assets of USD115m.
“Working with partners like Man GLG and J.P. Morgan allows us to offer greater value to investors,” says Mark Vallon, director, Swiss distribution at Source. “By listing both traditional benchmarks and these value-added products on SIX, we are providing increased choice for Swiss and international investors.”
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