State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), announced that 29 additional SPDR ETFs with $33.56 billion in assets under management* have been cross-listed on the International Quotation System (SIC) of the Mexican stock exchange, Bolsa Mexicana de Valores (BMV). With the addition of these funds, the number of SPDR ETFs listed on the BMV now totals 74.
“We are always looking for opportunities to improve access to the markets for investors around the globe, and these additional listings provide greater choice to our institutional clients in the region,” said Kathryn Sweeney, head of SPDR Americas Institutional Sales. “Having cross-listed the first SPDR ETFs on the BMV in 2006, the Mexican market has remained a strategic priority for over a decade, and we continue to strive to provide clients with the products and exposures that they have been asking for in this market.”
This article provided by NewsEdge.