New Japan ETF launched by HSBC  September 8th, 2010

HSBC Global Asset Management has made an addition to its Asian funds portfolio with the launch of the new MSCI Pacific ex-Japan exchange traded fund (ETF).

Investors using the new Japan fund will be able to take advantage of the performance of developed markets in the Asia-Pacific region, including New Zealand, Hong Kong and Singapore.

The launch follows shortly after the addition of another ETF to existing Brazil funds, in the form of the HSBC MSCI Brazil ETF.

HSBC ETFs head Farley Thomas said the fund will allow the asset manager to "offer near complete exposure to developed equity markets world-wide through HSBC ETFs".

He added: "We plan to complement our developed markets ETFs with a strong range of emerging markets equity ETFs as well as products covering other asset classes."

Last month, HSBC launched a new global inflation linked bond fund that invests in diversified sovereign inflation-linked bonds issued by OECD countries.