Vanguard is launching two new government bond portfolios.
February 1, 2011
Vanguard is launching two new government bond portfolios, Investment Week reports. The Vanguard U.K. Inflation-linked Gilt Index and the Vanguard U.K. Long-Duration Gilt Index will be unveiled in the market on Feb. 3, 2011, bringing the number of products in the U.K. index-tracking range of the firm to 14.
The inflation-linked gilt index tracks the Barclays Capital U.K. Government 15+ Float Adjusted Bond index, while the long-duration gilt index will be benchmarked against the Barclays Capital U.K. Government Inflation-Linked Float Adjusted Bond index. The vehicles will be managed by Vanguard's fixed interest team, which also runs the other current indices, adds Financial Times.