iShares has launched a new emerging market local government bond portfolio.
June 21, 2011
iShares has launched a new emerging market local government bond portfolio, What Investment reports. The exchange-traded fund (ETF) provider has added the Barclays Capital Emerging Market Local Government Bond fund to its range of fixed income products.
The portfolio will give investors access to fixed-rate debt of emerging market governments, denominated in their local currencies. The firm will list the new vehicle on the London Stock Exchange.