Vanguard new ex-China ETF followed push from Missouri Republicans
From Yahoo Finance: 2025-06-03 21:42:00
Vanguard launches an ETF targeting emerging markets outside of China, following Missouri State Treasurer’s push for products excluding Chinese stocks. This marks a new chapter in U.S.-China economic decoupling due to the trade war. Malek’s efforts led to Vanguard’s new fund, emphasizing Missouri’s divestment from Chinese stocks and a China-free fund option. Vanguard aims to offer lower-cost options for investors. Ex-China ETFs have increased in popularity, with Vanguard’s entry bringing the total to 13. Malek’s critique of Chinese investments and push for China-free funds aligns with his long-term fiduciary responsibility. Vanguard’s swift response to Malek’s request highlights effective collaboration between state treasurers and asset managers. Vanguard’s new ex-China ETF is seen as a success, with Malek planning to encourage other pension funds in Missouri to invest in it.
Read more at Yahoo Finance: Vanguard new ex-China ETF followed push from Missouri Republicans