| Chinese ETFs tracking new CSI 2000 index underperform in IPOs
October 2, 2023--In a recent development, eight Chinese Exchange-Traded Funds (ETFs) tracking the newly launched CSI 2000 index have shown disappointing performance. Despite the anticipation that the index would stimulate domestic equities, these ETFs managed to raise an average of RMB574 million ($78.5 million) each in their initial public offerings (IPOs), falling short of the RMB668 million September average for all ETFs. |
| Leading the pack were China Universal Asset Management, E Fund, and Guotai Asset Management with RMB1.2 billion, RMB812 million, and RMB600 million, respectively. However, Huatai-PineBridge, Harvest Fund Management, and GF Fund Management lagged behind. Other underperformers included China Asset Management, China Southern Fund Management, and Fullgoal Asset Management. |
| UTI Investments Partners with FTSE Russell to Transition its Sovereign Bond ETF Benchmark December 17, 2025-UTI Investments announced that its Sovereign Bond ETF (Bloomberg Ticker: UIGB NA Equity) has transitioned its benchmark from Nifty India Government Fully Accessible Route (FAR) Select 7 Bonds Index (USD) to the FTSE Indian Government Bond FAR Index (Bloomberg Ticker: CFIIFARU). |