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Our Bureau

Mumbai , Nov. 2

`iShares BSE Sensex India Tracker,' the Exchange Traded Fund (ETF) on Sensex — the globally tracked index of Bombay Stock Exchange — listed on the Hong Kong Stock Exchange on Thursday, a BSE release said.

Barclays Global Investors (BGI), the global leader in ETFs through its iShares brand, has created the `iShares BSE Sensex India Tracker'. The ETF would enable investors in Hong Kong to take an exposure in the Indian equity market.

With a 48 per cent global market share and asset under management of $232 billion, BGI is the global leader in ETFs. A majority-owned subsidiary of Barclays Bank PLC, BGI is the world's largest asset manager offering investment strategies such as risk-controlled active strategies and indexing. Currently there are about 600 ETFs listed and traded across the world with assets under management of above $487 billion. BGI has engaged Citigroup as Market Maker for iShares BSE Sensex India Tracker.

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