Vanguard, the world’s largest fund provider, has chosen to add Chinese stocks listed on the mainland to its flagship emerging market fund, just a week ahead of a decision on the issue from index compiler MSCI.
The presence of domestic Chinese equities — known as A shares — on the fund will give investors “more complete exposure to a key emerging economy and the second-largest stock market in the world by market cap”, Vanguard said in a statement.
After the change the group’s main emerging market index exchange traded fund, which has about $50bn in assets under management, will give Shanghai and Shenzhen-listed stocks a
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