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BGI Adds Five More Fixed Income ETFs
Nick Parmee
18 December 2006
Following the launch of the first UK government bond exchange traded funds available to UK investors, Barclays Global Investors/iShares has expanded its range by launching a further five new fixed income ETFs focused on inflation-linked and government bonds in the US and major Euro countries. Jennifer Grancio, head of distribution for iShares in Europe, said:“The new products are part of our ongoing product development effort to provide clients with a comprehensive investment toolkit, which empowers them to make their own asset allocation decisions.“ iShares has 181 ETFs trading globally, registered in 10 countries and amounting to approximately $272.2 billion in assets (as at 1 December 2006). In Europe, iShares has ETFs registered in the UK, the Netherlands, Switzerland, Germany, France and Italy.