On Friday, November 1, the Swiss stock exchange operator SIX welcomed the British abrdn Investments as a new issuer of Exchange-Traded Funds (ETF) with its new real estate product. This addition brings the total number of ETFs at SIX Swiss Exchange to 1,845, spread across 28 issuers.
The new ETF “abrdn Future Real Estate UCITS ETF USD Acc ETF Share Class” offers direct access to developed real estate markets globally. This actively managed ETF is powered by analysis from abrdn Investments’ Global Real Estate Research team. With this first active ETF, abrdn Investments enters the European market and expands its offering of investment solutions.
This launch is part of a positive dynamic in the ETF market at SIX Swiss Exchange, indicates a press release. The third quarter of 2024 recorded approximately 555,000 ETF transactions, an increase of 5.9% compared to the previous quarter, with trading volume reaching 9.8 billion Swiss francs, up 6.9% compared to the previous quarter. in the second quarter of 2024.
«We are delighted that abrdn Investments is launching its first ETF on SIX Swiss Exchange. This will offer Swiss and international customers access to the first product in our thematic range. When designing our ETF platform, we sought to leverage our capabilities and meet wholesale demand for thematic products, providing more choice for investors. We aspire to create a range of thematic and individual ETFs that we deem relevant, on themes in which we have a strong investment conviction», commente Yassar Ali, Global Head of Product Strategy chez abrdn Investments.
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