CSOP Asset Management’s first exchange traded fund in Singapore has already become the largest ETF domiciled in the city-state, underscoring strong interest from global investors wanting access to China's onshore debt markets.
The firm’s ICBC CSOP FTSE Chinese Government Bond Index ETF, which is benchmarked against the FTSE Chinese Government Bond Index, was listed on the Singapore Stock Exchange on September 21.
CSOP AM, a subsidiary of Shenzhen-based China Southern Asset Management, has now announced that the ETF, the first Singapore-listed ETF investing directly in China’s onshore bond market, had attracted more than $1bn in assets.
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