UK - Deutsche Bank's exchange traded fund (ETF) subsidiary, db x-trackers, has announced the launch of two products aimed at institutional investors, offering exposure to emerging and frontier markets.
The S&P Select Frontiers Index tracks 30 of the largest and most liquid stocks in counties with smaller economies and less well developed markets, which are excluded from traditional emerging market trackers, such as Bulgaria, Cambodia, Kazakhstan, Pakistan, Panama and the United Arab Emirates.
Manooj Mistry, head of db x-trackers UK, said: "These two new ETFs are the continuation of our objective to deliver innovative new products which are efficient and easy for both retail and institutional investors to access.
"The new ETFs allow investors access to the new wave of emerging markets and with low fees, full flexibility and proven efficient tracking, these ETFs are an attractive proposition to all investors."
The S&P Select Frontiers Index has a management fee of 0.95%, while the FTSE Vietman Index charges 0.85%.
The Pensions Regulator (TPR) and Labour MP Stephen Kinnock and will listen to the experiences of steelworkers when transferring their pensions away from the British Steel Pension Scheme (BSPS) next week in Port Talbot.
Just Group has acquired a 75% stake in the holding company of Corinthian Pension Consulting in a bid to strengthen its professional defined benefit (DB) advisory services.
The Pensions Regulator (TPR) has exercised its production order power under the Proceeds of Crime Act 2002 for the very first time as part of a fraud investigation.
The ITN Limited Pension Scheme has named Trafalgar House as its administrator for an initial term of five years.