SINGAPORE (Sept 28): CGS-CIMB Securities has launched the CSOP CGS-CIMB FTSE Asia Pacific Low Carbon Index exchange-traded fund (ETF) on the Singapore Exchange (SGX) on Sept 28.

This is the first SGX-listed ETF to track the newly created FTSE Asia Pacific Low Carbon Select Index, which comprises companies with the lowest carbon intensities relative to peers in their industries.

The new ETF is said to be the largest equity ETF by assets under management (AUM) on listing in Singapore with an AUM of S$150 million according to Bloomberg data... (click on link for full story on theedgesingapore.com).