Reported 3 days ago
Vanguard has announced a new exchange-traded fund (ETF) focused on emerging markets excluding China, following advocacy from Missouri State Treasurer Vivek Malek, who emphasized the political and economic reasons for divesting from Chinese stocks. This move comes as a direct response to efforts by Malek and the Missouri pension fund to create investment options that do not include Chinese assets. The new ETF aligns with a growing trend of ex-China investment products amid rising tensions between the U.S. and China.
Source: YAHOO