iShares launches swap-based ETF platform

St. Basil's Cathedral Russia
iShares offers access to Russia through swap-based ETF

iShares has launched a swap-based exchange-traded fund (ETF) platform, which includes measures to make sure that these funds are fully transparent and free from counterparty exposure. Until now iShares has always extolled the virtues of physically-backed ETFs (which hold some or all of the underlying stocks) but as investors look to diversify portfolios and gain exposure to difficult to access markets, it is not always possible to offer solely fully replicated ETFs. "Whilst iShares is renowne