Barclays unveils iPath ETNs in Europe

The iPath S&P 500 VIX Short Term Futures ETN and iPath S&P 500 VIX Mid-Term Futures ETN are senior, unsecured, unsubordinated debt securities linked to the performance of the respective underlying benchmarks. The indices enable investors to participate in the volatility of the S&P 500 index, which comprises the 500 largest companies in the US, weighted according to market capitalisation. Barclays Capital head of investor solutions Europe Uwe Becker says: "The iPath S&P 500 VIX Futures ETNs can allow investors to manage risk and hedge equity exposure. They have removed the need for inv...