Markets Exchanges,

Markets Exchanges,

NEW YORK and HONG KONG - WisdomTree Investments, Inc. (NASDAQ: WETF), an exchange-traded fund ("ETF") and exchange-traded product ("ETP") sponsor and ICBC Credit Suisse Asset Management (International) Company Limited ("ICBCCS"), today announced a global product partnership to launch ETFs that track the S&P China 500 Index.

The S&P China 500 Index, launched in 2015, is comprised of five hundred of the largest, most liquid Chinese companies while approximating the sector composition of the broader Chinese equity market. All Chinese share classes, including A-shares and offshore listings, are eligible for inclusion.

WisdomTree and ICBCCS have agreed to a global product partnership in which the companies can jointly launch, market and distribute ETFs tracking the S&P China 500 Index around the world. A Luxembourg UCITS ETF listed in Europe will mark the first product in this collaboration. Future products may include ETFs listed in the United States and Asian markets.

"This global product partnership demonstrates WisdomTree's strong commitment to providing ETFs that offer access to a variety of different asset classes and strategies in different regions of the world including China," said Jonathan Steinberg, WisdomTree CEO and President. "Our partnership with ICBCCS offers the opportunity to extend WisdomTree's global capabilities and product offerings in one of the world's largest and faster growing equity markets. We are pleased to enter into a partnership with the second largest asset manager in China," added Mr. Steinberg.

"The product partnership between ICBCCS and WisdomTree will bring significant opportunities to both of our companies," said Richard Tang, CEO at ICBC Credit Suisse Asset Management (International). "By bringing together WisdomTree's global ETF expertise and ICBCCS's in-depth understanding of the Chinese market, the collaboration will offer the international investment community comprehensive access to China, in an efficient manner through an ETF listed in a local market," added Tang.

"S&P Dow Jones Indices is delighted to have licensed the S&P China 500 Index to both WisdomTree and ICBC Credit Suisse," notes Alex Matturri, Chief Executive Officer at S&P Dow Jones Indices. "Chinese equities remain a key part of long-term investment strategies and we are committed to provide independent and transparent benchmarks to meet the demands of investors around the world."

Re-disseminated by The Asian Banker