Bringing you live news and features since 2006 

HSBC AM launches global semiconductor ETF


HSBC Asset Management has launched the HSBC Nasdaq Global Semiconductor UCITS ETF, on the London Stock Exchange, with further listings expected in Europe in the coming weeks.

The fund aims to replicate the performance of the Nasdaq Global Semiconductor Index, which is comprised of the 80 largest global semiconductor companies. This will include companies that supply semiconductors to the automotive, wireless communications, computing and consumer sectors. It will invest in the constituents of the index largely in the same proportions in which they are included.

Olga de Tapia, Global Head of ETF & Indexing Sales, HSBC AM, says: “Semiconductors are key for the future of many technology-based industries and are also expected to play an important role in the transition to net-zero through enabling clean technologies. 

“We feel that this addition to our tech thematic product suite captures a long running secular trend which sits at the heart of the digital revolution” 

Cameron Lilja, Vice President, Head of Index Research & Development, Nasdaq says: “Semiconductors are essential to many aspects of modern society with increasing importance for rapidly evolving technologies. Leveraging our rules-based and transparent indexes, we are pleased to partner with HSBC AM, bringing investment products that enable investors to gain meaningful exposure to these pioneering companies who are reshaping the world economy.”

Latest News

Amundi’s ETF Market Flows Analysis for May finds that global ETF inflows were EUR105.1 billion with US-domiciled equity funds accounting..
MerQube has announced the appointment of Dave Mueller as Chief Financial Officer. Mueller brings 17 years experience operating in corporate..
Northern Trust Asset Management (NTAM), has announced that David Abner is joining as Head of Global ETFs and Funds...
Nvidia’s market cap surge to more than USD3 trillion making it the second most valuable company in the world almost..

Related Articles

Darren Johnson, Komainu
Custody specialist, Komainu, was launched in 2018 as a joint venture between Nomura, digital-asset investment manager, CoinShares and blockchain business,...
Stuart Chaussee
In January this year, global data and business intelligence platform, Statista reported that there are now more than 8000 ETFs...
Ethereum coin
Last week saw Australia launch spot bitcoin ETFs, with Matteo Greco, Research Analyst at Fineqia International, writing that Monochrome Asset...
Timothy Rotolo, Range Funds
In 2023, Timothy Rotolo launched his business, Range Fund Holdings, the parent company for Range Indices and Range ETFs, followed...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by