iShares has listed two US fixed income ETFs on the London Stock Exchange.
The iShares Markit iBoxx $ High Yield Capped Bond and iShares Barclays Capital US Aggregate Bond are both products which already exist in the US but they have not been easily accessible to European investors. iShares has launched sister funds in London rather than cross-listing the US versions to ensure that they comply with the Ucits regulations. Although current risk-averse sentiment means that high yield may not see much immediate demand, Alex Claringbull, fixed income portfolio manager at iShares says that there will be interest in the long-term. "Right now there is probably a sen...
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