Barclays Capital has added to its iPath volatility exchange-traded notes (ETNs) offering with a mid-term product based on the European VStoxx, listed in London.
The iPath VStoxx Mid-Term Futures ETN complements the existing iPath VStoxx short-term futures ETN, which was launched in April this year.
The medium-term futures note will provide access to European volatility for buy and hold investors.
"With the short-term futures product, you get a high beta to the underlying VStoxx Index. When the V