Deutsche Bank launched MSCI Pakistan IM and MSCI Bangladesh IMÑthe world’s first synthetic exchange-traded funds using indices based on those countries equity markets. [Last week, Marco Montanari, director and head of db X-trackers ETFs and db X-funds, Asia global markets in Hong Kong, told DW that Deutsche Bank is planning to issue a slug of synthetic exchange-traded funds in Hong Kong referencing emerging Asian economies. He noted that management at the firm is keen to grow its synthetic funds business further, particularly in Asia.]
