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Standard & Poor’s licenses S&P 500 to Bosera Asset Management

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Standard & Poor’s has licensed the S&P 500 to Bosera Asset Management for the creation of an exchange traded fund based upon the index.

"In the past 12 months, product providers have launched over 32 ETFs in six global markets based upon Standard & Poor’s family of indices," says Alexander Matturri, executive managing director at S&P Indices.

"We are excited to now license Bosera Asset Management, one of the leading asset managers in China, to create an ETF based upon our flagship index, the S&P 500. This landmark agreement will allow Chinese investors to directly track the returns of the US equity market while providing an important index solution for their portfolio."

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