iBoxx launches Xavex


The first exchange-traded fund has been launched on iBoxx, an index provider established in the past year by Deutsche Börse and a group of seven banks. Deutsche Bank released Xavex Dynamic Bond Portfolio, a fund that will invest across the range of iBoxx indices, including government bonds, corporates and Pfandbriefe.

Real-time multi-contributor pricing is provided to iBoxx by ABN Amro, Barclays Capital, BNP Paribas, Deutsche Bank, Dresdner Kleinwort Wasserstein, Morgan Stanley and UBS Warbur

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