This publication carries latest news of product and service launches in wealth management.

GF International Asset Management (UK), the European division of GF Fund Management, the Chinese fund management company, has launched its first fund product, listed on the London stock market. It says more China-focused products are planned.

The fund is the GF International-FTSE China A UCITS ETF. The exchange-traded fund tracks the FTSE China A index, a market capitalisation-weighted index offered by FTSE Russell that invests in mainland China A-shares.

At the end of October last year, the index was made up of 779 company shares traded in Shanghai and Shenzhen. GF said it is the first ETF to use the FTSE China A Index.

That index is the benchmark most likely to be included in the broad-based FTSE Emerging Market Index when the expected Chinese market inclusion decision is made, GF said in a statement yesterday.

The ETF gives investors access to large and mid-cap equities through the Renminbi Qualified Foreign Institutional Investor (RQFII) scheme.