View more on these topics

ETF specialist iShares aims at bonds with eurozone range

Exchange traded product provider iShares has expanded its fixed-income range with the launch of eight single-country eurozone sovereign debt funds.

The funds will track a number of Barclays indices, investing in physical securities and offering exposure to euro-denominated fixed-rate government bonds.

The funds will only invest in bonds with a minimum time to maturity of one year and a minimum outstanding debt of £241.3m.

The firm has launched the iShares Barclays Austria treasury bond, iShares Barclays Belgium treasury bond, iShares Barclays Finland treasury bond, iShares Barclays France treasury bond, iShares Barclays Germany treasury bond, iShares Barclays Italy treasury bond, iShares Barclays Netherlands treasury bond and iShares Barclays Spain treasury bond funds.

The London-listed products have a total expense ratio of 0.2 per cent.

BlackRock head of iShares product development EMEA Axel Lomholt says: “Investors are allocating to fixed income in a more granular way than ever before. The single-country eurozone debt ETFs will allow them to invest and express their views in a more precise fashion.

“It remains our priority to build out our fixed-income product range and further funds will be developed in response to investor demand.”

Pilot Financial Planning director Ian Thomas says: “I think the appetite will be relatively limited at the moment among most IFAs. European sovereign debt markets are very volatile, so specialist products which offer intraday pricing will appeal to businesses and individuals who want to actively trade. However, most professional financial planners will not operate in this way.”


M&G’s Dobell favours consumers stocks in recovery fund

M&G fund manager Tom Dobell says he is seeing a number of opportunities in the consumer sector for his £7.9bn recovery fund. According to data from Trustnet to the end of March, the fund has 9.2 per cent in consumer services and 4.7 per cent in consumer goods. Dobell says: “The new holdings we are […]


UK unemployment falls by 45,000

UK unemployment fell by 45,000 in the three months to March to stand at 2.63 million, according to figures from the Office for National Statistics. The unemployment rate was 8.2 per cent of the economically active population for January to March 2012, down 0.2 on the quarter. The inactivity rate for those aged from 16 […]

What triggers the MPAA?

Jim Grant – Senior Product Insight & Technical Support Analyst There’s sometimes confusion around what triggers the money purchase annual allowance. Find out what does and what doesn’t trigger the MPAA. The money purchase annual allowance (MPAA) is a reduced annual allowance that can apply to contributions to defined contribution (DC) schemes. The following table […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm