‘ Barclays ’

BlackRock introduces GBP-hedging on ESG corporate bond ETFs

Aug 1st, 2019 | By
BlackRock introduces GBP-hedging on ESG corporate bond ETFs

BlackRock has launched GBP-hedged share classes for two of its sustainability-themed fixed income ETFs listed in Europe. The funds, which are linked to Bloomberg Barclays indices with SRI screening from MSCI, provide exposure to euro or US dollar-denominated corporate bonds from issuers with acceptable environmental, social, and governance (ESG) profiles.


BlackRock launches China onshore local currency bond ETF

Jul 31st, 2019 | By
BlackRock launches China onshore local currency bond ETF

BlackRock has launched a new fixed income ETF in Europe, providing physical exposure to renminbi-denominated government and policy bank bonds issued in China. The iShares China CNY Bond UCITS ETF has been listed on Euronext Amsterdam in US dollars (CNYB NA) and on Xetra in euros (ICGB GY). It is linked to the Bloomberg Barclays China Treasury + Policy Bank Index. Vasiliki Pachatouridi, Head of iShares EMEA Fixed Income Strategy, said, “The investment case for China is clear – it boasts the second-largest bond market in the world, its bond yields are higher and bond return correlations lower compared to major developed countries.”


WisdomTree cross-lists enhanced yield bond ETFs on SIX Swiss Exchange

Jul 30th, 2019 | By
Lidia Treiber, WisdomTree Director of Research in Europe

WisdomTree has cross-listed two smart beta fixed income ETF on the Six Swiss Exchange. The WisdomTree EUR Aggregate Bond Enhanced Yield UCITS ETF and the WisdomTree EUR Government Bond Enhanced Yield UCITS ETF seek to provide enhanced yields compared to similar core European investment-grade bond and treasury benchmarks while limiting tracking error and risk. Lidia Treiber, WisdomTree Director of Research in Europe, said, “With yields at historically low levels, investors are looking for solutions that provide greater yields for the core of their fixed income portfolios and WisdomTree’s suite of fixed income Enhanced Yield ETFs have been designed to address this need.”


SSGA launches ultra-short-term US T-Bill ETF in Europe

Jul 18th, 2019 | By
Antoine Lesné, Head of EMEA Strategy & Research for SPDR ETF.

State Street Global Advisors has launched a new fixed income in Europe providing exposure to ultra-short-term debt securities issued by the US government. Listed on Xetra, the SPDR Bloomberg Barclays 1-3 Month T-Bill UCITS ETF (ZPR1 GY) targets the short end of the Treasury bill market and mirrors the strategy of a $9bn+ ETF offered by SSGA in the US. Antoine Lesné, Head of EMEA Strategy & Research for SPDR ETF, said the ETF can be used as a strategic portfolio building block, as a tactical tool for adjusting portfolio duration and credit quality, or in cash and liquidity management.


Premia Partners launches Vietnam equity and US FRN ETFs in Hong Kong

Jul 18th, 2019 | By
Rebecca Chua, Managing Partner of Premia Partners.

Hong Kong-based asset manager Premia Partners has launched two new ETFs on the Hong Kong stock exchange. The Premia MSCI Vietnam ETF and Premia US Treasury Floating Rate ETF provide exposure to Vietnamese equities and US Treasury Floating Rate Notes (FRNs), respectively. Rebecca Chua, Managing Partner of Premia Partners, commented, “We are delighted to launch the world’s first MSCI Vietnam ETF and Asia’s first US Floating Rate Treasury ETF, facilitating investors with efficient market access and liquidity management tools as they position for opportunities amid market uncertainties.”


Invesco introduces GBP-hedged share classes for US Treasury ETFs

Jul 1st, 2019 | By
Invesco introduces GBP-hedging on US Treasury ETFs

Invesco has launched new ETF share classes on London Stock Exchange and SIX Swiss Exchange, providing access to different segments of the US Treasury bond market while hedging currency exposure to pound sterling. They are the Invesco US Treasury Bond 1-3 Year UCITS ETF GBP Hedged (T3GB LN, T3GB SW) and the Invesco US Treasury Bond UCITS ETF GBP Hedged (TRGB LN, TRGB SW).


Nomura launches US corporate bond ETF in Japan

Jun 28th, 2019 | By
Nomura launches US corporate bond ETF in Japan

Japanese investment firm Nomura Asset Management has launched a new ETF on Tokyo Stock Exchange. The NEXT FUNDS Bloomberg Barclays US Intermediate Corporate Index (JPY Hedged) ETF (2554 JP) provides exposure to the investment-grade, fixed-rate, taxable corporate bond market while hedging currency exposure relative to the Japanese yen.


Vanguard launches aggregate bond ETF in Europe

Jun 20th, 2019 | By
Mark Fitzgerald

Vanguard has launched a new fixed income ETF in Europe – the Vanguard Global Aggregate Bond UCITS ETF – which provides broad and diversified exposure to investment grade bonds from both developed and emerging market issuers. Mark Fitzgerald, Head of ETF Product Management in Europe at Vanguard, commented, “Investors are often tempted to invest locally when it comes to fixed income, largely out of familiarity. However, the added diversity of a global bond allocation can actually reduce the risk of an investor’s fixed income portfolio”. The ETF comes with a TER of 0.10% and has been listed on LSE and Deutsche Börse.


BlackRock slashes fees on two UK gilt ETFs

May 30th, 2019 | By
BlackRock cuts fees on $200bn worth of ETFs

BlackRock has slashed the fees on two of its largest fixed income ETFs providing exposure to UK government bonds, commonly known as gilts. The ongoing charges figure (OCF) for the iShares Core UK Gilts UCITS ETF (IGLT LN) has been reduced to 0.07% from 0.20%, while the iShares GBP Index-Linked Gilts UCITS ETF (INXG LN) has been trimmed to 0.10% from 0.25%.


Morningstar introduces global fixed income index suite

May 21st, 2019 | By
Sanjay Arya, Global Head of Morningstar Indices

In a further bid to shake up the indexing space, Morningstar has introduced a comprehensive suite of fixed income indices that track the performance of all major global bond market asset classes. The indices, which have been designed for use as performance benchmarks or as bases for investable index products such as ETFs, cover Treasury, inflation-protected, government-related, corporate, securitized/covered, mortgage-backed, and asset-backed exposures. “We have constructed a comprehensive global family of bond indexes that represent discrete asset class exposures, without any gaps or overlap,” said Sanjay Arya, Head of Indexes at Morningstar.