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Singapore Readies New Exotic ETFs to Catch Taiwan, Hong Kong

  • SGX published a new web page about the products last week
  • Firms plan to start fund types in Hong Kong next month
Singapore on April 9, 2016.
Photographer: Sam Kang Li/Bloomberg
Corrected

Preparations are underway in Singapore for the first new listing of leveraged and inverse exchange-traded funds in almost eight years.

Singapore Exchange Ltd. last week published a new web page about the products, described as “a form of passive collective investment schemes (like ETFs) and structured as open-end funds,” following revised guidelines from the Monetary Authority of Singapore in August.