Hanwha Asset Management has officially introduced two of its US-listed exchange-traded funds to the Abu Dhabi Securities Exchange. These financial products, which focus on South Korea’s defense and manufacturing industries, commenced trading in the United Arab Emirates on Monday. The funds, branded under the Plus label, include the Plus Korea Defense Industry Index ETF and the Plus Korea Manufacturing Core Alliance Index ETF. This cross-listing initiative was facilitated by a collaborative framework established through a formal memorandum of understanding between the relevant parties, marking a significant expansion for the South Korean asset manager into the Middle Eastern financial market.
Source : The Korea Herald
Photo : The Korea Herald
