SSgA expands European SPDR ETF offering with Spanish registration

Jan 29th, 2014 | By | Category: ETF and Index News

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State Street Global Advisors (SSgA), the investment manager behind the SPDR exchange-traded funds brand, has announced that it has registered 41 ETFs in Spain.

SSgA expands European SPDR ETF offering with Spanish registration

Olivier Paquier, head of SPDR ETFs for France and Spain at SSgA.

Spanish investors can now access a range of UCITS-compliant equity and fixed income SPDR ETFs, including a number of provider’s flagship funds.

These include the SPDR S&P US Dividend Aristocrats UCITS ETF, which offers access to a portfolio of well-established dividend-paying companies in the US, the SPDR MSCI EMU UCITS ETF, which tracks large and mid-sized companies from developed Eurozone countries, and the SPDR S&P 500 UCITS ETF, which is linked to the eponymous blue chip S&P 500 index.

Olivier Paquier, head of SPDR ETFs for France and Spain at SSgA, commented: “We are seeing increasing demand from Spanish investors for ETFs and we believe the ETF industry in Spain offers exciting growth potential.”

He added: “Through these newly available SPDR ETFs, Spanish investors will benefit from exposure to an extensive range of asset classes, in a simple, transparent and cost-effective way.”

The 41 SPDR ETFs available to investors in Spain are physically replicated, multi-registered and cross-listed in European markets. The funds are domiciled in Ireland.

SSgA is a pioneer in the world of ETFs, having created what is widely seen as the first ETF in 1993. Today, the firm manages more than $400 billion in ETFs assets worldwide, across almost 200 products.

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