Vanguard has launched two new UCITS exchange-traded funds (ETFs) focused on European equities, as communicated by the management company itself.
In particular, the "Vanguard FTSE Eurozone UCITS ETF" and the "Vanguard FTSE Developed Small-Cap UCITS ETF" will begin trading on Deutsche Börse, Euronext Amsterdam, Borsa Italiana, and SIX Swiss Exchange.
Both products will be managed by Vanguard's global equity team, which manages over $8.39 trillion (€7.22 trillion) in assets worldwide and serves a customer base of over 50 million clients globally.
"European equities continue to offer a wide range of opportunities for long-term investors, and the outlook is increasingly shaped by factors such as interest rate developments, the strength of corporate earnings, and persistent market uncertainty," commented Vanguard's head for Spain, Pablo Bernal.