Hanwha brings Korean defense, manufacturing ETFs to Abu Dhabi

What happened: Hanwha Asset Management cross-listed two US-listed ETFs, the Plus Korea Defense Industry Index ETF and the Plus Korea Manufacturing Core Alliance Index ETF, on the Abu Dhabi Securities Exchange. Why it matters: Hanwha is the first Korean asset manager to bring products to Abu Dhabi through this arrangement, giving Middle Eastern investors local-currency access to Korean defense and manufacturing sectors. Hanwha is also pursuing listings in London and Frankfurt and considering tokenizing its ETF lineup.

Hanwha Asset Management cross-listed two US-listed ETFs, the Plus Korea Defense Industry Index ETF and the Plus Korea Manufacturing Core Alliance Index ETF, on the Abu Dhabi Securities Exchange.

Hanwha is the first Korean asset manager to bring products to Abu Dhabi through this arrangement, giving Middle Eastern investors local-currency access to Korean defense and manufacturing sectors. Hanwha is also pursuing listings in London and Frankfurt and considering tokenizing its ETF lineup.