FTSE Group (FTSE), the global index provider, was selected by Value Partners Index Services Limited (“Value Partners”) to build the FTSE Value-Stocks China Index as a custom index solution for the first Exchange Traded Fund (ETF) to be listed by Sensible Asset Management Hong Kong Limited (SAMHK)*. The ETF lists today on the Stock Exchange of Hong Kong (SEHK). FTSE has bolstered its custom solutions business to meet the growing demand for custom indices which seek to integrate an alpha generating investment strategy into a transparent and independently calculated index structure.
Paul Hoff, Managing Director, Asia Pacific, FTSE Group said, “FTSE indices are increasingly selected by the investment community as the basis of ETFs globally. With FTSE’s enhanced custom capabilities, we are able to provide unique solutions such as the FTSE Value-Stocks China Index. We expect to see an increasing number of custom requests as managers develop ETFs and other products with new themes or underlying strategies into the Asian market, and are responding with our strengthened custom team.”
The FTSE Value-Stocks China Index, which will be used as the basis for the Value China ETF, combines FTSE’s strengths in index design and calculation with the bespoke, value-based stock selection methodology developed by Value Partners. The resulting index captures the performance of 25 quality value stocks amongst liquid and tradable Chinese companies listed on the Hong Kong exchange including H Shares, Red Chips and P Chips.
For more information about FTSE’s award-winning indexing services please visit www.ftse.com
