Fixed Income

S&P 500 Bond Index sees record issuance in 2017

Jan 17th, 2018 | By
Jason Giordano, director of fixed income at S&P Dow Jones Indices.

S&P 500 companies issued $775 billion in bonds during 2017, the sixth consecutive year of record US corporate bond issuance, according to S&P Dow Jones Indices. Jason Giordano, director of fixed income at S&P DJI, said the rise in issuance was reflective of companies continuing to take advantage of the accommodative environment created by low interest rates and strong investor demand.



Deutsche launches USD short-duration high-yield bond ETF

Jan 15th, 2018 | By
Deutsche launches US short duration high yield bond ETF

Deutsche Asset Management has expanded its range of US-listed ETFs with the launch of the Xtrackers Short Duration High Yield Bond ETF (SHYL US), targeting short-term, US dollar-denominated corporate debt with credit ratings below investment grade.



Invesco cross-lists three PowerShares fixed income ETFs on Borsa Italiana

Jan 12th, 2018 | By
Invesco cross-lists three PowerShares fixed income ETFs on Borsa Italiana

Invesco has cross-listed three PowerShares fixed income ETFs onto Borsa Italiana, tradable in euros. The ETFs, which track Bloomberg Barclays indices, offer exposure to dollar-denominated corporate bonds, euro-denominated corporate bonds and dollar-denominated emerging market sovereign bonds.



Loomis Sayles lists actively managed short-duration bond ETF

Jan 3rd, 2018 | By
Loomis Sayles lists actively managed short-duration bond ETF

Loomis, Sayles & Company, a US-based affiliate of French asset manager Natixis Investment Managers, has launched the Natixis Loomis Sayles Short Duration Income ETF (LSST US), providing actively managed short-duration bond exposure.



BlackRock lists euro-hedged global aggregate bond ETF on Xetra

Dec 19th, 2017 | By
BlackRock lists euro-hedged global aggregate bond ETF on Xetra

BlackRock has cross-listed the iShares Global Aggregate Bond UCITS EUR Hedged ETF to Deutsche Börse’s Xetra and Frankfurt exchanges. The fund provides diversified exposure to investment grade fixed income across currencies, regions and sectors, while hedging returns relative to the ETF’s trading currency – the euro.



Hartford Funds launches active fixed income ETF

Dec 15th, 2017 | By
Hartford Funds launches active fixed income ETF

Hartford Funds has launched the firm’s fourth actively managed fixed income ETF, the Hartford Municipal Opportunities ETF (HMOP US), on NYSE Arca. Vernon Meyer, CIO of Hartford Funds, said, “Investors are very tax-aware and, as interest rates go up, advisors are seeking fixed income strategies with the potential for greater after-tax returns and income.”



BlackRock cross-lists five iShares fixed income ETFs to SIX

Dec 13th, 2017 | By
BlackRock’s iShares ETFs captures record net inflows during 2017

BlackRock has cross-listed five fixed income ETFs to SIX Swiss Exchange. The suite of iShares funds provides exposure to inflation-linked government bonds, EUR-denominated high yield corporate bonds, USD-denominated corporate bonds, long-term Treasuries, and a core portfolio of corporate bonds.



WisdomTree launches three inverse government bond ETPs

Dec 12th, 2017 | By
WisdomTree launches three inverse government bond ETPs

WisdomTree has launched three new Boost ETPs offering investors inverse exposure to UK Gilts, and triple inverse exposure to German Bunds and US Treasuries. Jose Poncela, head of ETNs at WisdomTree, Europe, said: “We’re excited to be launching three inverse fixed income ETPs at a time when such products are attracting the majority of flows year-to-date in the European short-and-leveraged market.”



Lyxor cross-lists floating rate bond ETF on SIX

Dec 5th, 2017 | By
Francois Millet, head of product line management, ETFs & indexing, at Lyxor.

Lyxor has listed the Lyxor $ Floating Rate Note CHF Monthly Hedged UCITS ETF (FLOTH SW) on SIX Swiss Exchange, providing currency-hedged exposure to dollar-denominated corporate debt that is protected from rising interest rates. Francois Millet, head of product line management, ETFs & indexing, at Lyxor said: “For us, it was important to create a simple, low-cost way for investors to access the US dollar-denominated floating rate note market. As a Luxembourg SICAV, this ETF will be attractive to investors right across Europe.”



Barclays launches smart beta fixed income indices

Nov 30th, 2017 | By
Barclays launches smart beta fixed income indices

Barclays has launched the Barclays Rates Factor Indices, a suite of indices designed to capture risk premia (including carry, value, and momentum factors), from interest rate markets.