Vanguard is preparing to launch several international exchange-traded funds based on FTSE indices. The Malvern firm has licensed four new indices from FTSE Group: the FTSE Developed Europe Index; the FTSE Developed Asia Pacific ex-Japan Index; the FTSE Japan Index; and the FTSE All-World High Dividend Yield Index.
Vanguard will use the indices, which are part of FTSE’s All-World and All-World High Dividend Yield Index Series, for the creation of UCITS ETFs.
Axel Lomholt, Vanguard’s Head of International Product Development and Management, said in the release: “FTSE offers best-in-class index construction and its benchmarks provide comprehensive coverage of their respective markets. Vanguard is pleased to extend its deep relationship with FTSE as it continues to extend its straightforward, low-cost ETF range across Europe.”
Vanguard currently has 11 ETFs based on FTSE indices.
