iShares launches dollar-denominated emerging markets corporate debt ETF
iShares has listed a US dollar-denominated exchange-traded fund (ETF) in Europe that provides exposure to emerging markets corporate bonds. The launch capitalises on demand for fixed-income access using ETFs and a renewed faith in emerging markets on the part of investors.
"We often find that corporate debt is actually better quality than sovereign debt," says Axel Lomholt, London-based head of product development for Europe, the Middle East and Africa at iShares. Having the fund denominated in
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