Fixed Income

BlackRock introduces euro-hedging for two HY corporate bond ETFs

Apr 13th, 2018 | By
euros euro-hedging currency hedged etfs

BlackRock has introduced two new currency-hedged share classes for two of its high yield corporate bond ETFs listed on Deutsche Börse. The funds offer exposure to US dollar-denominated corporate bonds and global fallen angel bonds, while the new share classes mitigate exchange rate risk relative to the euro.

Evolve launches actively managed bond ETF on NEO

Apr 11th, 2018 | By
Raj Lala, President and CEO of Evolve ETFs

Evolve Funds has launched the Evolve Active Core Fixed Income ETF on the Aequitas NEO Exchange. The actively managed fund, sub-advised by Foyston, Gordon & Payne, invests primarily in high-quality Canadian fixed income securities. Raj Lala, president and CEO of Evolve ETFs, said, “The Evolve Active Core Fixed Income ETF addresses investors’ need for fixed income strategies which help mitigate market risk and lower volatility in their investment portfolios. ”

SSGA cross-lists global aggregate bond ETF onto SIX Swiss Exchange

Apr 10th, 2018 | By
SSGA enters fee war with ultra-low-cost SPDR Portfolio ETFs

State Street Global Advisors has cross-listed the SPDR Barclays Global Aggregate Bond UCITS ETF on SIX Swiss Exchange. The ETF provides investors with low cost, globally diversified fixed income exposure, and has been listed with several currency-hedged share classes.

VanEck cross-lists two high-yield bond ETFs on Xetra

Apr 6th, 2018 | By
VanEck cross-lists two high-yield bond ETFs

VanEck has cross-listed two high-yield fixed income ETFs onto Xetra: the VanEck Vectors Emerging Markets High Yield Bond UCITS ETF (HY3M GY) and the VanEck Vectors Global Fallen Angel High Yield Bond UCITS ETF (GFEA GY). The funds debuted on the London Stock Exchange last month.

Strategic beta strategy closes the gap between investment grade and high-yield ETFs

Apr 6th, 2018 | By
Amanda Rebello, head of passive distribution, UK and Ireland, at Deutsche Asset Management.

By Amanda Rebello, head of passive distribution, UK and Ireland, at Deutsche Asset Management.

Despite the wide choice of indices of sufficient market size available to bond investors, many are faced with a dilemma. Investment grade corporate bond indices combine superb liquidity with the security of a respectable credit rating, while high-yield corporates offer significantly higher returns, albeit with noticeably higher risk. So what are the alternatives?

BlackRock and Dynamic Funds partner on Canadian floating rate bond ETF

Mar 28th, 2018 | By
Mark Brisley, managing director, Dynamic Funds

BlackRock Canada and Dynamic Funds have launched the Dynamic iShares Active Investment Grade Floating Rate ETF (DXV CN) on Toronto Stock Exchange. The actively managed fund invests primarily in investment grade, floating rate corporate bonds from Canadian issuers. Mark Brisley, managing director, Dynamic Funds, said, “Investors looking to diversify their fixed income holdings in a climate of rising Canadian interest rates will find DXV a compelling and relevant solution.”

BlackRock expands suite of iShares target-maturity bond ETFs

Mar 23rd, 2018 | By
iShares launches new target-maturity bond ETF

BlackRock has rolled out a new target-maturity fixed-income ETF in the US – the iShares iBonds Dec 2024 Term Muni Bond ETF (IBMM US) – holding investment-grade US municipal bonds maturing between 1 January 2024 and 2 December 2024.

VanEck launches ‘fallen angel’ and high-yield EM corporate bond ETFs on LSE

Mar 23rd, 2018 | By
VanEck launches 'fallen angel' and high-yield EM corporate bond ETFs on LSE

VanEck has launched a pair of high-yield corporate bond ETFs on the London Stock Exchange. The funds provide exposure to global ‘fallen angels’ and emerging market debt, and become the issuer’s seventh and eighth ETFs to be listed on the exchange. They are linked to indices provided by ICE Data Indices, the indexing division of exchange operator Intercontinental Exchange.

ETF issuers comment on UK inflation data

Mar 20th, 2018 | By
Consumer Price Index CPI Inflation

Inflation in the UK fell more than expected during February, according to latest figures from the Office for National Statistics (ONS), providing some relief for hard-pressed consumers. Representatives from ETF issuers offered their take on what the results mean for UK monetary policy.

Deutsche expands ‘yield plus’ suite with USD corporate bond ETF

Mar 14th, 2018 | By
Deutsche adds USD corporate bond ETF to yield-plus suite

Deutsche Asset Management has added a new ‘yield plus’ corporate bond ETF to its product line-up with the launch of the Xtrackers iBoxx USD Corporate Bond Yield Plus UCITS ETF (XYLD) on the London Stock Exchange and Deutsche Börse. The fund tracks the Markit iBoxx USD Corporates 1-20 Yield Plus Index, providing exposure to higher yielding, mostly investment-grade, corporate bonds denominated in US dollars.