Credit Suisse launches UK listed ETFs

Credit Suisse has joined the UK ETF market, launching 45 funds on the London Stock Exchange.

The funds comprise traditionally-replicated ETFs tracking mainstream indexes and 13 swap-based products, including the first Ucits ETF tracking Chinese A-Shares in Europe.

The range includes 24 equity indexes tracking small and large cap stocks in the UK, Europe, US, and Japan.

Eight fixed income funds offer exposure to a variety of maturities as well as inflation linked European and US government bonds.

Thirteen swap-based ETFs will track broad and regional emerging markets including MSCI EM Asia and MSCI EM Latin America as well as country level indexes such as India, Brazil, Russia and South Africa.

The CS ETF on CSI 300 will also be the first Ucits ETF listed in Europe offering exposure to Chinese A-Shares.

“We are bringing our entire UCITS range to London. We are in the process of applying for UK reporting status so they are applicable in ISAs and SIPPs,” Dan Draper, Head of ETFs, says.

“We are a leader in Europe for traditional replication, but we have also invested heavily in order to bring to market what we believe are the highest quality, best-in-class swap-based ETS,” according to Draper.

“This move significantly expands our pan-European footprint and we will grow quite aggressively into other markets in Europe and the rest of the world,” he says.
Credit Suisse is simultaneously cross-listing its range of synthetic ETFs onto Borsa Italiana.