“Chinese equities represent an increasingly important part of the global equity investment landscape. We are delighted that market participants are attracted to our established track record in the region, and as China’s markets continue to become more accessible for foreign investors, we will aim to provide further transparent and flexible benchmarks,” said FTSE Group CEO Mark Makepeace in the statement.
In June, FTSE introduced a series of indices that will allow market participants to include China A-shares in global indices at a time of their choosing. The new offerings from FTSE could help global investors prepare for the possible inclusion of China’s A-shares in global benchmarks in the coming years. [FTSE Introduces China A-Shares Indices]
FXI is the only U.S.-listed China ETF tracking a FTSE index, but that could change given the index provider’s expanding presence in the world’s largest ETF market. In addition to FXI, over 100 U.S. ETFs, including massive funds such as the Vanguard FTSE Emerging Markets ETF (NYSEArca: VWO) and the Vanguard FTSE Europe ETF (NYSEArca: VGK), benchmark to FTSE indices. [FTSE Increases U.S. Index Presence]
ETF Trends editorial team contributed to this post.