The listing brings the total number of ETFs on the SGX to 92 and opens up exposure to Thailand and Indonesia by tracking the Stock Exchange of Thailand Total Return Index and the MSCI Indonesia Index, respectively. ETFs from both countries were some of the most actively traded ETFs on the SGX in 2011, according to a press release.

Lyxor International Asset Management currently manages around $62 billion of index trackers and ETFs and with these launches will boost its total offering on the SGX to 26. The company is in the process of delisting all 12 of the ETFs it has listed on the Hong Kong exchange to focus on the Singapore market, which saw a 36 per cent increase in turnover in 2011, with a target completion date of 13 March.