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Vanguard furthers global coverage with US ETF

Vanguard, the mutual fund and ETF provider, has launched a new ETF that tracks the S&P 500, extending the firm’s Hong Kong ETF coverage to nearly 80% of global market caps. Indicative pricing is provided by the S&P futures market, which is open almost 24 hours a day. James Martielli, head of portfolio review at Vanguard, says: “This is another…

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