iShares unveils global corporate bond ETF

Globe darkiShares, has an exchange-traded fund (ETF) in Europe to offer investors diversified exposure to global corporate bonds. In a statement, the asset manager said its iShares Global Corporate Bond ETF would aim to track the Barclays Global Aggregate Corporate Bond Index, a broad-based measure of global investment grade fixed rate corporate debt markets.
It trades across more than 7,000 high quality corporate bonds mainly from US (48%), Europe (23%) and Asia Pacific (10%) and across 15 currencies. Rather than holding all bonds simultaneously, iShares said, it would be sampled, with around 270 bonds at launch increasing to a typical holding of around 500 bonds.
The ETF is physically-backed and has a total expense ratio of 20 basis points while also paying dividends to investors twice a year. ©2012 funds europe

Executive Interviews

INTERVIEW: Put your money where your mouth is

Jun 10, 2016

At Kempen Capital Management, they believe portfolio managers should invest in their own funds. David Stevenson talks to Lars Dijkstra, CIO of the €42 billion manager.

EXECUTIVE INTERVIEW: ‘Volatility is the name of the game’

May 13, 2016

Axa Investment Managers chief executive officer, Andrea Rossi, talks to David Stevenson about bringing all his firm’s subsidiaries under one name and the opportunities that a difficult market...


ROUNDTABLE: Beyond the hype

Oct 13, 2016

The use of smart beta investing continues to grow. Our panel, made up of both providers and users, discusses what the strategy actually means, how it should be used and the kind of pitfalls that may arise when using this innovative investment technique.

MIFID II ROUNDTABLE: Following the direction of travel

Sep 07, 2016

Fund management firms Aberdeen and HSBC Global meet with specialist providers to speak about how the industry is evolving towards MiFID II.